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Patagonia Gold Chief Operating Officer Matthew Boyes Leaves

Tue, 24th Apr 2018 14:42

LONDON (Alliance News) - Patagonia Gold PLC on Tuesday said that its Chief Operating Officer Matthew Boyes stepped down on Thursday last week.

Boyes has been with the gold and silver mining company since 2010, it said, and will remain as a consultant for the following half-year to assist Patagonia Gold in the installation of a new crushing circuit at Cap Oeste project in Argentina and to assist with the transition to a new chief operating officer.

The company said it had already started the search and will update shareholders accordingly.

"The board wishes to thank Matthew for his contribution to the company during the 8 years he was with the company and wishes him well in his future endeavours," Patagonia Gold said.

The stock was trading 3.2% lower at 1.50 pence per share on Tuesday.

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10 Sep 2012 10:53

Patagonia Gold gets uplift to Cap-Oeste estimate

Patagonia Gold has announced a 24 per cent increase in the indicated resource at its Cap-Oeste Gold-Silver project in the Santa Cruz province of Argentina. The total "gold equivalent" ounces within the indicated category, is now at 1.197m ounces, an increase of 230,000 ounces. The grade estimate h

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5 Jul 2012 10:21

Patagonia Gold to test new high grade discovery

Patagonia Gold is planning to test the down dip extension of the recently discovered zone of high grade mineralisation in the Cap-Oeste South East (COSE) project in Santa Cruz province, Argentina. The most recent drill results from the COSE gold and silver deposit include 2.30 metres at 16.35 gram

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28 Jun 2012 16:22

Kofax director earns over a million shares

William Comfort, a Non-Executive Director of Kofax, a provider of capture driven process automation solutions, has received over a million shares in the company in exchange for the redemption of his interest in Conversion Capital Master. Comfort received a consideration of just over 1.1m shares, va

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6 Jun 2012 14:42

Resources round-up: Stratex, Valiant Petroleum, Patagonia Gold

Valiant Petroleum has terminated its contract with Awilco Drilling, following technical downtime, which occurred as a result of the suspension of drilling operations on the Timon exploration well in the UK North Sea, in which Valiant holds a 10 per cent stake. The well has been suspended for re-entr

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30 May 2012 12:37

Resources round-up: Thor, Patagonia Gold, Amerisur ...

Oil and gas producer Amerisur Resources has logged, cased and cemented the Platanillo-3 well in Colombia, the first of a six-well drill programme. Testing equipment has been mobilised and will shortly begin production tests. The reservoir sections encountered in the well are currently being studied

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7 Mar 2012 16:07

Patagonia Gold CEO adds to share pile

William Humphries, Chief Executive Officer of Patagonia Gold, the Argentina-focused mining firm, has purchased 300,000 shares in the firm. The director bought the shares at an average price of 35.67p for a total of £107,010, taking his total stake in the company to 15,393,857 shares, representing a

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5 Jan 2012 14:35

Patagonia acquires land surface rights

Patagonia Gold has acquired the remaining land surface rights of its main gold and silver project through its wholly-owned subsidiary Minera Minamalu. The area, which is known as El Tranquilo and covers 80 square kilometres in the Santa Cruz Province of Argentina, was purchased for £2.1m. El Tr

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8 Sep 2011 09:30

Patagonia Gold completes Cap-Oeste extension

Patagonia Gold, the Argentina focused mining firm, says the extension to its Cap-Oeste project is now complete with gold and silver found in a newly discovered zone. Normal drilling operations on the deposit are also ongoing and the company says the area remains "open along strike in both direction

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9 May 2011 11:28

Patagonia Gold moves closer to production

Patagonia Gold said it is closer to becoming a gold producer after another year of strong exploration activity in the year to 31 December. Losses attributable to shareholders were flat at £7.3m. "Santa Cruz Province is a very active mining region and other companies operating there are also showin

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26 Jan 2011 11:34

Small caps round-up: Patagonia Gold, Charles Stanley, Jubilee Platinum...

Patagonia Gold has risen on news that final results from the recently completed drill campaign on the COSE project in Argentina have revealed more "exceptionally high grade" gold and silver. A potential new mineralised vein has also been discovered at Cap-Oeste with drill-hole CO-166-D which inters

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10 Nov 2010 16:31

Mining round-up: Discovery Metals, Patagonia Gold, Karelian ...

Shares in Discovery Metals picked up at it reported a successful drill test of the newly discovered Ophion exploration target, located 40 km southwest of the Zeta deposit at the Boseto Copper Project. Initial results confirmed that Ophion is mineralised at depth, Discovery said, with follow-up dri

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3 Nov 2010 12:38

Small caps: Kedco, Tangent, Patagonia Gold...

Biomass power group Kedco has agreed a £9.9m project finance facility with Ulster Bank Group, a subsidiary of the Royal Bank of Scotland, to provide secured debt facilities for its biomass electricity and heat generating plant in Newry, Northern Ireland. The facilities comprise a term loan as well a

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29 Sep 2010 15:26

Patagonia Gold's losses narrow

Argentinian precious metals explorer Patagonia Gold said interim losses were in line with expectations and reflected the high level of exploration activity that has taken place on its portfolio of Santa Cruz properties. The half-year pre-tax loss narrowed to £3.70m from £4.36m in the first half of

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27 Jul 2010 07:43

Patagonia Gold Buys Estancia El Rincon Gold Prospect

LONDON (Dow Jones)--Patagonia Gold PLC (PGD.LN) said Tuesday that through its subsidiary Patagonia Gold SA it has purchased the Estancia El Rincon of total area 6700 hectares, containing the Lomada de Leiva Heap leach gold project together with other highly prospective gold areas. MAIN FACTS:

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16 Jun 2010 07:22

Patagonia Gold High Grade Main shoot At Cap-Oeste Continues

LONDON (Dow Jones)--Patagonia Gold PLC (PGD.LN), said Wednesday that it has had high grade Main shoot at Cap-Oeste continues at depth with drill-hole CO-162-D intersecting 7.70 meters at 26.07 grams per tonne gold and 1,322 grams per tonne silver from 353.3 meters. MAIN FACTS: -Drilling on t

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