Patagonia Gold Corp (HGLD)

[NYBob]

Patagonia Gold 2023 Financial Results
VANCOUVER, British Columbia, April 26, 2024 (GLOBE NEWSWIRE) --

Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces its audited results
for the financial year ended December 31, 2023 (“YE 2023”).
The audited consolidated financial statements for YE 2023, together with the related management’s
discussion and analysis, are available on the Company’s website and
under the Company’s profile on SEDAR+ at www.sedarplus.ca .

Highlights

Generated revenue of US$8.2 million in YE 2023.
Produced 4,498 gold equivalent ounces ( 1) and sold 4,290 gold equivalent ounces (1) .
Spent US$3.7 million on exploration of key projects in Argentina including completion of:
5,500 meters of diamond drilling on the Monte Leon prospect, within the El Tranquilo
concession block, which encountered multiple zones of anomalous, precious metal mineralization ( 2 ) ;
372 meters of reverse circulation (“RC”) drilling at the Sinter prospect in the La Josefina Project; and
165 meters of diamond drilling at the April prospect in late 2023.
A total of 714 meters of core drilling has been completed at Abril. Analytical results from this drilling
are pending and drilling will continue through 2024.

Notes:

(1) Consisting of 3,412 gold and 91,098 silver ounces of production and
3,275 gold and 83,988 silver ounces sold, converted to a gold equivalent using a ratio
of the average spot market price for the commodities each period.
The ratio for the year ended December 31, 2023 was 82.45:1 (2022 – 82.41:1).

(2) Please refer to news releases issued on March 1 and July 13, 2023 (which are available
on the Company’s website and under the Company’s profile on SEDAR+ at www.sedarplus.ca )
for additional information on drilling at Monte Leon prospect (El Tranquilo project).
Qualified Person’s Statement
Donald J. Birak, an independent, consulting geologist, Registered Member of SME and Fellow of
AusIMM and a qualified person as defined by National Instrument 43-101, has reviewed and
approved the scientific and technical information in this news release.

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 is one of the largest l
andholders in the province of Santa Cruz, Argentina.

Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp
T: [phone]
E: [e-mail]

https://patagoniagold.com/investors/news-releases/

https://patagoniagold.com/investors/presentations/

https://patagoniagold.com/investors/photo-gallery/


China’s March net gold imports via Hong Kong up 40% from Feb
Reuters | April 25, 2024 | 7:37 am Intelligence Markets China Gold



China is the biggest billion consumer and its buying trends can have bearing on global prices. Credit: Chow Tai Fook
China’s net gold imports via Hong Kong jumped 40% in March from the previous month, Hong Kong Census and
Statistics Department data showed on Thursday.

Net imports into the world’s top gold consumer stood at 55.836 metric tons in March, compared with 39.826 tons in February,
the data showed.

Total gold imports via Hong Kong were up about 40.2% at 63.499 tons.




SILVER IS ABOUT TO HIT NEW ALL TIME HIGH SOON AND PETER KRAUTH BREAKS DOWN EXACTLY HOW | SILVER NEWS
Silver News Daily
6.65K subscribers

IN PGDC & HGLD GOLD & SILVER BARGAN I INVEST MY 2 PENNIES ♥️😊

DD....$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth -
Patagonia Gold & Silver Mines Hard Asset Safety Bargain --

https://patagoniagold.com/wp-content/uploads/2022/10/Patagonia-Gold-Corporate-Presentation-Q4-2022-.pdf

https://investorshub.advfn.com/Patagonia-Gold-Corp.-HGLD-33022

Hunt a director LT shareholder of the company -[/B]



During its production life Martha produced from very high-grade veins and vein breccias.
The high silver grades of the historic Mineral Reserves, ranging from over 2,500 grams/tonne (g/t)
in the early years of the project to over 400 g/t in the later production years, and
the high silver to gold ratio of the historic Mineral
Reserves which averaged over 900:1, set Martha apart from the other producing mines in the province.

Patagonia Gold acquired the Martha property as part of its Reverse Takeover of Hunt Mining Corp. in 2019.
The property consists of approximately 7,850 hectares of concessions, various buildings and facilities,
surface and underground mining and support equipment, a 480 tonne per day (tpd – maximum) crushing, grinding
and flotation plant, tailings facility, various stockpiles and waste dumps, employee living and cafeteria quarters.
In addition, Patagonia Gold has access to surface ranch (“estancia”) lands surrounding the mine and mill site
that are approximately 35,700 hectares in size.

https://patagoniagold.com/investors/photo-gallery/

https://www.patagoniagold.com

$Gold Legal Tender GOD'S Real Money -
$GOD We Trust - Real Money - AU Safety 6000yrs










https://www.kitconet.com/images/live/au0001wb.gif

https://stockcharts.com/c-sc/sc?s=%24SILVER&p=W&b=5&g=0&i=p88847633689&r=1712194893454

https://stockcharts.com/c-sc/sc?s=%24SILVER&p=W&b=5&g=0&i=p88847633689&r=1712194786158





$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -[
Prayers TIA.

http://www.biblebelievers.org.au/monie.htm

https://www.usdebtclock.org/

https://stockcharts.com/c-sc/sc?s=%24USD&p=W&b=5&g=0&i=p09665864339&r=1712195150644

God Bless