From GlobeNewswire: 2025-02-18 07:29:00

Patagonia Gold Corp. announces new analytical results from drilling on the Piche structure at its Calcatreu development property in Argentina. The Project has significant mineral resources and received permits for mine construction in November 2024. Recent drilling identified potential for additional mineralization and geotechnical purposes for the heap leach site.

The Piche structure is a low-sulfidation epithermal deposit located near the Nelson structure. Recent drilling focused on identifying new mineralization and geotechnical purposes for the heap leach site. The structure extends over 400 meters with gold and silver mineralization hosted in quartz veins and vein breccias. Analytical results from drilling show promising grades of gold and silver.

The Company’s CEO, Mr. Christopher van Tienhoven, highlighted the potential for additional mineralization in the Calcatreu land package from recent drilling results. The Piche structure shows similarities to other major epithermal structures on the property, with a current strike length of over 400 meters. The Company is optimistic about the mineralization potential at Piche.

The recent drilling at Piche included seven core holes totaling 300 meters to identify new mineralization and for geotechnical purposes. Analytical results show promising grades of gold and silver at Piche. The Company plans to update its Technical Report by the end of 2025 to reflect new drill results and other developments.

Patagonia Gold Corp. is focused on gold and silver projects in Argentina, primarily the Calcatreu project in Rio Negro and the Cap-Oeste underground project. The Company holds mineral rights to over 415 properties in Argentina and is one of the largest landholders in the province of Santa Cruz. Interested parties can find more information on the Company’s website.



Read more at GlobeNewswire: Patagonia Gold Announces Drill Results from Piche Structure