Patagonia Gold Reports Final Drilling Results From the Monte Leon Target, Santa Cruz, Argentina Gold and silver mineralization up to 132.9 grams per tonne (“g/t”) in 1.5 core meters within 5 meters of 40.5 4 g/t VANCOUVER, British Columbia, July 13, 2023 (GLOBE NEWSWIRE) --
Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) is pleased to announce receipt of the final analytical results from drilling at the Monte Leon (“MLN”) target near its Cap Oeste (“Capo”) mine in the Santa Cruz province of southern Argentina.
Highlights
Results from samples from 28 new HQ core holes, prepared and analyzed by Alex Stewart International (Figure 1, Table 1) in their Mendoza, Argentina facilities. To date, a total of 5,601.64 meters in 33, HQ-sized core holes have been completed at MLN. Favorable analyses were received from all but 3 of the 28 new, HQ core holes. Results from 4,678.64 meters of drilling are reported in this news release (MLN-875-D through MLN- 902-D). Gold (“Au”) values up to 132.9 g/t and silver (“Ag”) values up to 46.7 g/t, within 5 meters grading 45.5 g/t Au and 14 g/t Ag, were reported in samples from core hole MLN-896-D.
About Patagonia Gold
Patagonia Gold Corp. is a South America focused, publicly traded mining company listed on the TSX Venture Exchange. The Company seeks to grow shareholder value through exploration and development of gold and silver projects in the Patagonia region of Argentina. The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste underground project. Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 430 properties in several provinces of Argentina and Chile and is one of the largest landholders in the province of Santa Cruz, Argentina.
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