Patagonia Gold receives Two Definitive Environmental Permits for Development of Gold and Silver Projects in Argentina
Patagonia Gold receives Two Definitive Environmental Permits for Development of Gold and Silver
Projects in Argentina
March 9, 2021 Vancouver, B.C. Patagonia Gold Corp. (“Patagonia” or the “Company”) (PGDC.TSXV)
announces it has received definitive environmental permits (“Permits”) for both the development of its
flagship Cap-Oeste Gold/Silver Project and the rest art of its Lomada de Leiva (“Lomada”) Gold Project.
These Permits allow for the development and operation of mining operations in the mining friendly Santa
Cruz Province in Argentina.
Patagonia had previously disclosed receipt of the p reliminary environmental permit for mining and
leaching operations at Lomada on October 8, 2020, and receipt of the provisional permit to proceed with
the development of the Cap-Oeste Gold/Silver Project on November 23, 2020.
Christopher Van Tienhoven, Chief Executive Officer stated: “The receipt of these Permits is a testament
to our commitment to become an intermediate gold an d silver producer in a sustainable and
environmentally friendly manner. We look forward to increased exploration and development and
advancing these and other production opportunities.”
About Patagonia Gold
Patagonia Gold Corp. is a mining and development co mpany listed on the TSX Venture Exchange. The
Company seeks to grow shareholder value through exp loration and development of gold and silver
projects in the Patagonia region of Argentina. The Company is primarily focused on the Calcatreu project
in Rio Negro and the development of the Cap-Oeste underground project. Patagonia, indirectly through
its subsidiaries or under option agreements, has mineral rights to over 365 properties in several provinces
of Argentina and Chile and is one of the largest landholders in the Province of Santa Cruz, Argentina.
For more information, please contact:
Dean Stuart
T: 403 617 7609
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp.
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements
with respect to the timing for closing of the Offering, the receipt of regulatory approvals, the use of proceeds
from the Offering, the listing of the Common Shares on the TSX Venture Exchange and the Company’s future
plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”,
“intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other varia tions
of these words, or similar words or phrases, have been used to identify these forward-looking statements.
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These statements reflect management’s current beliefs and are based on information currently available
to management as at the date hereof.
Forward-looking statements involve significant risk , uncertainties and assumptions. Many factors could
cause actual results, performance or achievements to differ materially from the results discussed or implied
in the forward-looking statements. These factors sh ould be considered carefully and readers should not
place undue reliance on the forward-looking stateme nts. Although the forward-looking statements
contained in this news release are based upon what management believes to be reasonable assumptions,
the Company cannot assure readers that actual resul ts will be consistent with these forward-looking
statements. The Company assumes no obligation to up date or revise them to reflect new events or
circumstances, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.