Patagonia Gold Corp. is pleased to announce that, further to its news release dated March 14, 2025, it has entered into an investment agreement with Black River Mine Inc. through its wholly-owned subsidiary, Patagonia Gold Canada Inc. , pursuant to which the Investor has agreed to invest up to US$40 million to support the development of Patagonia's flagship Calcatreu Project in Rio Negro, Argentina. Under the terms of the [...]
Patagonia Gold Corp. is pleased to announce that it has entered into a binding letter agreement dated 1 April, 2025 with Oroplata S.A., an Argentinean subsidiary of Newmont Corporation . The Option Agreement grants Newmont an option to acquire a 100% undivided interest in the Company's Tornado and Huracan gold and silver properties, including a separate exploration permit named "El Diablo" in return for making aggregate [...]
Patagonia Gold Corp. announces that it has returned three of the fourteen properties comprising the Nico project to Mirasol Resources Ltd. and has relinquished the remaining eleven properties. On 15 April 2021, Patagonia entered into a definitive transfer agreement to acquire the Nico properties in Santa Cruz, Argentina, from Mirasol. The transfer agreement with Mirasol provides that Patagonia can relinquish the Nico [...]
Patagonia Gold Corp. is pleased to provide an update regarding the development of its Calcatreu project in Rio Negro through a proposed financing for proceeds of up to US$40 million . In connection with the Financing, Black River Mine Inc. will invest in a new class of preferred shares of Patagonia Gold Canada Inc. , a wholly owned subsidiary of the Company, which holds the Project through its holdings of Minera Calcatreu [...]
Patagonia Gold Corp. is pleased to announce it has entered into an agreement with Cantomi Capital Ltd. to increase the maximum aggregate amount of the Cantomi Loan to US$45 million. The original loan facility, which Cantomi provided in February 2019 for US$15 million, was subsequently amended and has now been increased to US$45 million with a maturity date of December 31, 2026 . The agreement amending the Cantomi Loan [...]
Patagonia Gold Corp. announces that it has granted an aggregate of 8,000,000 incentive stock options under the Company's stock option plan to the directors of the Company, 3,500,000 incentive stock options to certain officers of the Company and 3,800,000 incentive stock options to members of senior management of the Company as part of a long term incentive plan . All of the Options are exercisable for a period of five [...]
Patagonia Gold Corp. is pleased to announce it has entered into an agreement with Cantomi Capital Ltd. to increase the maximum aggregate amount of the Cantomi Loan to US$40 million and to extend its maturity. The original loan facility, which Cantomi provided in February 2019 for US$15 million, and with a maturity date of December 31, 2025, was subsequently amended and further increased to US$40 million with a maturity [...]
Patagonia Gold Corp. announces its financial results for the quarter ended September 30, 2024 . The financial statements 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$2.4 million in Q3 2024. Produced 796 gold equivalent ounces and sold 955 gold equivalent ounces in Q3 [...]
Patagonia Gold Corp. is pleased to announce the granting of the full and final permit to advance with the construction, mining development and production at its Calcatreu gold and silver project, in the Rio Negro province, Argentina. On November 6, 2024, the Company was formally notified by the Rio Negro provincial authorities that the final resolution to proceed with the construction, development and production of the [...]
Patagonia Gold Corp. announces that it has acquired four new mineral concessions totaling 15,494 hectares surrounding its Mina Angela project in Chubut Province, Argentina. The Company now controls over 52,000 hectares of mineral properties in the area. Highlights: Consolidates the Mina Angela property block and optimizes the project potential beyond the existing Mina Angela non-contiguous tenements. Historic drilling on [...]
Patagonia Gold Corp. is pleased to announce the progress of the Calcatreu permitting process. The Calcatreu permitting process continues to advance positively and has reached the final stage of approval. Following positive recommendations from the Secretariat of Mining and the Secretariat of Environment and Climate Change of Rio Negro and overwhelming support from the closest neighboring native community, the [...]
Patagonia Gold Corp. announces its financial results for the quarter ended June 30, 2024 . The financial statements 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$2.6 million in Q2 2024. Produced 761 gold equivalent ounces and sold 1,107 gold equivalent ounces in Q2 2024 [...]
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