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  5. Patagonia Gold completes 9.4m dollar fundraise for Cap-Oeste

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Patagonia Gold completes 9.4m dollar fundraise for Cap-Oeste

Wed, 13th Mar 2013 10:56

AIM-listed Patagonia Gold has unveiled a progress update on its Lomada de Leiva and Cap-Oeste projects in the Santa Cruz Province of Argentina.The mining company reported that its Lomada main heap leach project was on target to achieve full operational status by late in the second quarter of 2013 with an estimated production level of 14,000 ounces of gold for the second half of 2013. It said that it had received $3.84m from a second gold pour of 2,385 ounces of gold from the trial heap leach. Development construction had been fully funded to production supported by gold sales from original and extended trial heap leach.The company also said that principal mining equipment had arrived in Buenos Aires for assembly and transport to site, with operation to begin in late March 2013. At the Cap-Oeste/COSE project, Patagonia Gold completed a fund-raise of $9.4m in early March 2013, allowing the acceleration of drilling on the highly prospective Cap-Oeste/COSE corridor and other nearby targets. Bill Humphries, Chief Executive Officer of Patagonia Gold, commented: "We are very pleased with our progress towards achieving self-sufficiency in 2013. "With the proceeds from our recent fund-raising together with the income from the Lomada gold project, Patagonia Gold is able to continue with its plans to expand the resource base of its flagship Cap-Oeste/COSE project, whilst also continuing the development of its other exciting projects."Patagonia Gold's share price was down 1.72% to 14.25p at 10:03 on Wednesday.MF
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13 Feb 2019 10:38

Patagonia Gold pleased with latest drilling results from San Jose

(Sharecast News) - South America-focussed gold and silver mining company Patagonia Gold released the first drill results from its San Jose Project in Uruguay on Wednesday, in which a total of seven holes were drilled.

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28 Dec 2018 13:47

Patagonia Gold acquiring four Argentina properties from Goldcorp

(Sharecast News) - Gold and silver-focussed mining company Patagonia Gold has agreed to acquired four additional exploration property blocks located in the Province of Santa Cruz, Argentina, from Goldcorp, it announced on Friday.

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21 Dec 2018 10:56

Patagonia completes $1.5m sale of PGSA to Metalla

(Sharecast News) - Argentina, Chile and Uruguay-focussed gold and silver company Patagonia Gold announced on Friday that the sale of the COSE Royalty by its wholly-owned subsidiary PGSA to Metalla had now closed.

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2 May 2018 16:07

UK Shareholder Meetings Calendar - Next 7 Days

Thursday 3 MayJames Fisher & SonsSavannah PetroleumTrinity MirrorEquiniti (re of

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24 Apr 2018 14:42

Patagonia Gold Chief Operating Officer Matthew Boyes Leaves

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

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23 Dec 2016 10:01

Patagonia Gold lowers 2016 expectations, remains upbeat at Cap-Oeste

(ShareCast News) - South America-focused mining company Patagonia Gold updated the market on its open pit mine and heap leach processing facility at Cap-Oeste on Friday, with an updated forecast total production from the project increased to 186,800 oz AuEq from 82,000 oz AuEq. The AIM-traded firm s

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23 Dec 2016 08:59

Patagonia Gold Cuts Cap-Oeste Guidance, Probing Heap Leach Options

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7 Nov 2016 10:41

Patagonia Gold pleased with Zona 13 drilling results

(ShareCast News) - Patagonia Gold said it is pleased with the results from its first drill programme in Zona 13 within the Chamizo exploration area, Uruguay. It said the grade and thickness of the mineralisation intersected on the main shear to date were very encouraging. "With a potential strike e

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1 Jul 2016 11:09

Patagonia Gold Finance Director Steps Down For Non-Executive Role

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20 May 2016 07:06

Patagonia Gold Raises GBP510,000 In Share Subscription (ALLISS)

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3 May 2016 15:15

AGM, EGM Calendar - Week Ahead

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22 Apr 2016 08:10

Patagonia Gold To Raise Funds For Cap-Oeste Project (ALLISS)

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15 Apr 2016 09:27

WINNERS & LOSERS SUMMARY: SABMiller Up As Takeover Passes Key Hurdle

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15 Apr 2016 09:11

UPDATE: Patagonia Gold Focuses On Cap-Oeste As Lomada Nears The End

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15 Apr 2016 07:32

LONDON MARKET OPEN: Man Group Shares Lifted By Fund Resilience

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