$PATAGONIA GOLD CORP, $HGLD & $PGDC formerly known as $Hunt Mining Corp., is a mineral exploration and production company. The Company’s activities include the exploration and production of minerals from properties in Argentina and Chile. $Patagonia holds, directly or indirectly through its subsidiaries or under option agreements, the mineral rights and interests to over 350 properties in Argentina, Chile, and Uruguay . The Company is present in Santa Cruz province through the $Martha mine. $Patagonia also owns the $Calcatreu Project in the Rio Negro province, which is a gold and silver project. The Company Management is based mainly in Buenos Aires, Argentina and the Company maintains offices and support facilities in Perito Moreno and Jacobacci and its operation sites.
DD....$HGLD & $PGDC With One Of The Richest Highest Grade Silver Mine On Earth - $Patagonia Gold & Silver Mines Hard Asset Safety Bargain --
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.
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