- Patagonia (PGDC) has detailed a new bill in Argentina’s Chubut province that enables open-pit mining
- The bill should allow the company to develop 101,151 hectares of its mining concessions in the province, including the Mina Angela Property
- Mina Angela boasts historic production of over 1.04 million tonnes of material grading 4 g/t gold and 48 g/t silver including lead, zinc and copper
- Patagonia Gold explores and develops gold and silver projects in the Patagonia region of Argentina
- Patagonia (PGDC) is up by 50 per cent and is currently trading at $0.06 per share
Patagonia (PGDC) has detailed a new bill in Argentina’s Chubut province that enables open-pit mining.
The bill, which covers the Gastre and Telsen departments, should allow the company to develop 101,151 hectares of its mining concessions in the province, including the Mina Angela Property.
Mina Angela boasts historic production of over 1.04 million tonnes of material grading 4 g/t gold and 48 g/t silver including lead, zinc and copper. Pan American Silver’s Navidad, one of the largest silver deposits in the world, is located 45 km to the south.
The company’s remaining 372,334 hectares in Chubut are outside the area subject to the new law.
Patagonia Gold explores and develops gold and silver projects in the Patagonia region of Argentina.
Patagonia (PGDC) is up by 50 per cent and is currently trading at $0.06 per share as of 9:42 am EST.
