REMINDER: Our user survey closes on Friday, please submit your responses here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPatagonia Gold Share News (PGD)

  • There is currently no data for PGD

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Patagonia Gold pleased with latest drilling results from San Jose

Wed, 13th Feb 2019 10:38

(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.The AIM-traded firm said the programme comprised five reverse circulation (RC) and two diamond drill (DD) holes, for a total 882 metre drill programme, which was completed in December.It confirmed that all seven holes cut gold mineralisation, with the best intercept being 4.55 m at 4.7 grams per tonne of gold, including 0.7 m at 27.6 g/t gold, in hole DWDD-010.The company said the mineralised structure was open for expansion along strike along the north-south direction and depth.Patagonia explained that the Dream Walker prospect, previously named Carreta Quemada, was located within the east-west trending San Jose Greenstone Belt of early Proterozoic-age in Uruguay.It said it comprised greenschist to lower amphibolite facies metasediments and metavolcanics, with frequent, large granitic-granodioritic intrusives.The geological setting appeared "typical" of the terranes that hosted some of the world's most prolific Orogenic Gold Belts, the company claimed, such as those of the same age in the West Africa Craton, which hosted many multi-million ounce deposits.The project is located on a strong north west-striking regional-scale shear zone - the 'Carreta Quemada Shear Zone'.Patagonia said field observations and aeromagnetic data indicated a several kilometre wide, diffuse zone of north west-south east oriented lineaments and structures.First pass drilling results from the 2018 exploration campaign, carried out at the Dream Walker Project, confirmed the existence of a north-south trending, mineralised structure which could be traced for at least 300 metres, and remained open for expansion on strike and at depth, the board added."The results obtained from this maiden but limited drill campaign are encouraging and we are currently reviewing our next steps to evaluate the gold potential of this exciting, new occurrence," said Patagonia Gold chief executive officer Christopher van Tienhoven.
More News
23 Jan 2014 15:39

DIRECTOR DEALINGS: Patagonia Gold Finance Director Exercises Options

LONDON (Alliance News) - Patagonia Gold PLC Thursday said Finance Director Gonzalo Tanoira exercised options over 1.3 million shares at an exercise price of 8 pence per option. Following the deal, Tanoira holds 8.4 million shares, or 0.981% of the company's entire shareholding. Patago

Read more
18 Nov 2013 09:59

Patagonia Gold Achieves Scheduled Production Target At Its Lomada Mine

Read more
24 Sep 2013 16:44

Regenersis CFO tops up stake as results impress

Jog Dhody, the Chief Financial Officer of Regenersis, on Tuesday acquired 39,000 ordinary shares in the outsourcing partner on the same day it posted "a strong financial performance and good growth" for the year ended June 30th. Dhody bought the shares a price of 255p per share, spending a total o

Read more
24 Sep 2013 10:46

DIRECTOR DEALINGS: Patagonia Directors Buy Shares

Read more
13 Sep 2013 11:45

UK Winners & Losers: Verdes Management Shares Soar, Airlines Dive

Read more
12 Sep 2013 09:25

Patagonia Gold Narrows Losses On Reduction In Exploration Costs

Read more
5 Sep 2013 08:39

Patagonia Gold To Fast Track La Manchuria Site Into Production By 2015

Read more
7 May 2013 16:19

Telecity CEO sells shares as update impresses

Michael Tobin, the Chief Executive Officer of data centre operator Telecity, has sold 124,105 shares following the exercise of options over 125,105 shares, taking his stake to 666,000. The shares were traded in at 949.50p each, earning the director in the region of £1.18m. The deal was made on t

Read more
7 May 2013 11:38

Patagonia Gold advances on Lomada de Leiva progress

AIM-listed mining company Patagonia Gold has completed preparation works for the expansion of a trial heap leach pad and reported that loading of mineralised material, irrigation and production of gold is in progress at its Lomada de Leiva Mine. The mine, which is located approximately 40km southea

Read more
13 Mar 2013 10:56

Patagonia Gold completes 9.4m dollar fundraise for Cap-Oeste

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

Read more
12 Mar 2013 09:14

Patagonia Gold's Chief Financial Officer resigns

Patagonia Gold on Tuesday announced the resignation of Philip Yee as Chief Financial Officer. Yee will step down in May to take a new position as Vice President and Chief Financial Officer with another mining company in Canada. Gonzalo Tanoira, the Financial Director of Patagonia Gold, will succee

Read more
7 Mar 2013 15:42

Admiral Group Chairman trades in 100,000 shares

Alastair Lyons, the long-standing Chairman of Admiral Group, the non-life insurance giant, reduced his stake by 100,000 shares in the wake of a strong set of full year results. In a sale made on behalf of his wife, Lyons disposed of the shares at 1,314p each, shrinking his holding to 392,152 share

Read more
27 Feb 2013 10:03

Patagonia Gold raises gross proceeds of 6.2m pounds

Patagonia Gold has raised gross proceeds of approximately 6.2m pounds through a subscription of 41.2m new ordinary shares of 1p each in the company, each at a price of 15p per subscription share. The issue price represents a discount of approximately 3.23% to the closing middle market price of 15.

Read more
10 Jan 2013 08:39

Pantagonia Gold's Chairman hangs up his hat

Patagonia Gold's Chairman Sir John Craven has retired after eight years on the board, the mining exploration company said Thursday. The AIM listed company announced Deputy Chairman Carlos Miguens has taken over from Craven who stepped down Wednesday. "On behalf of the Board, my family and myself,

Read more
22 Nov 2012 08:07

Patagonia Gold gets green light for Argentinian project

AIM-listed gold miner Patagonia Gold has received a 'full and final permit' to start producing at its Lomada de Leiva gold project in Santa Cruz, Argentina. "We are very pleased to have achieved this important milestone for our company," said Chairman Carlos Miguens. "We would like to thank the Go

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.