Patagonia Gold ( (TSE:PGDC) ) has shared an announcement.
Patagonia Gold Corp. has announced promising results from its recent drilling activities at the Piche structure within its Calcatreu Project in Rio Negro Province, Argentina. The drilling has revealed significant gold and silver mineralization, with notable intercepts of up to 11.4 grams per tonne gold and 153 grams per tonne silver. These findings underline the potential for additional near-surface mineralization, enhancing the project’s prospects. The company aims to update its Technical Report by the end of 2025 to incorporate the latest drill results and current metal prices, reflecting ongoing technical and social developments. This advancement could bolster Patagonia Gold’s operational capabilities and strengthen its position in the mining sector.
More about Patagonia Gold
Patagonia Gold Corp. operates in the mining industry, focusing on the exploration and development of gold and silver deposits. The company is primarily engaged in projects located in Argentina, with a significant focus on the Calcatreu development property in the Rio Negro Province.
YTD Price Performance: 51.52%
Average Trading Volume: 43,894
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$23.25M
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