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Epic & Msn data
Epic PGD
Time: 08:01:56
Mid Price: 17.25
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 18.25
Fifty Two Week Low: 8.63
Market Capital: 102.44
Period & price data
Period Price
Now: 17.25
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: General Mining - Gold
Epic: PGD
News: Latest news
Web Site: Patagonia Gold
Other Articles: 01-12-200930-11-200910-11-2009

Patagonia Gold

Patagonia Gold is a mining explorer. It holds permits or options to purchase property in the Patagonian region of Argentina and Chile across an area of over 7,000 square kilometres. The company is exploring principally for gold and silver.

Major shareholders include Carlos Miguens, the Argentinean industrialist and Barrick Gold, the world’s largest gold miner. The company is led by Chairman, Sir John Craven, who is recently retired as Chairman of Lonmin, and Chief Executive Officer, Bill Humphries, the co-founder of the successful mining explorer, Brancote Holdings. He is also Chairman of Landore Resources, which is also an AIM listed mineral explorer.
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Tuesday, June 23, 2009

Patagonia Gold's Cap Oeste gold-silver project shows persistent grades and widths at depth

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The 14,677 metre drilling programme recently completed by Patagonia Gold on their El Tranquilo property in Argentina's Santa Cruz province has continued to show strong gold values at depth.


The chief target has been the Main Shoot on the Bonanza fault in the Cap Oeste zone, which hosts an NI 43-101 compliant resource of 304,099 ounces of gold and almost 7 million ounces of silver. All results have now been received, and the Main Shoot has been tracked down to 340 metres depth in hole CO-155-D, with a 1.6 m intersection returning 6.91 g/t Au and 230 g/t Ag. CO-155-D also returned 23 metres at 5.81 g/t Au from 260 metres, and 20.5 metres of 3.98 g/t starting at 330 metres depth. The results will form the basis of an upgraded resource statement due in the third quarter.


A further campaign starting in September will continue testing the deeper levels of the Main Shoot as well as exploring other semi-parallel shoots within the resource area.

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