- The company generated revenue of US$2.73 million and gross profit of US$0.42 million
- Produced 2,519 gold equivalent ounces (1,725 ounces Au and 54,010 ounces Ag) in Q2
- Sold 1,457 gold equivalent ounces (1,021 ounces Au and 29,202 ounces Ag) in Q2
- Acquired a 100 per cent interest in the Nico gold/silver project in Argentina
- Patagonia Gold is a South America-focused mining company
- Patagonia Gold Corp. (PGDC) opened trading at C$0.065 per share
Patagonia Gold (PGDC) has released results for the quarter ended June 30, 2021.
Highlights
- Generated revenue of US$2.73 million and gross profit of US$0.42 million in Q2 2021.
- Produced 2,519 gold equivalent ounces (1,725 ounces Au and 54,010 ounces Ag) and sold 1,457 gold equivalent ounces (1,021 ounces Au and 29,202 ounces Ag).
- Continued the Calcatreu gold/silver project baseline study and condemnation drilling in areas for future waste piles and a leach pad.
- Completed 5,173 meters of RAB drilling at the Cap-Oeste Monte Leon target area to define size potential with a view to identifying additional material to place on the Cap Oeste leach pad.
- Entered into a definitive option agreement with Mirasol Resources Ltd. (“Mirasol”) and Mirasol’s wholly-owned subsidiary, Australis S.A., to acquire a 75 per cent undivided interest in the Homenaje gold/silver project, located in Santa Cruz, Argentina.
- Entered into a definitive transfer agreement with Mirasol and Australis S.A., which grants Patagonia a 100 per cent undivided interest in the Nico gold/silver project, located in Santa Cruz, Argentina.
Patagonia Gold is a South America-focused mining company focused on the exploration and development of gold and silver projects in the Patagonia region of Argentina.
Patagonia Gold Corp. (PGDC) opened trading at C$0.065 per share.
