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Patagonia Gold Resumes Calcatreu Activities After Labor Suspension Is Lifted

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Patagonia Gold (PGDC.V) resumes certain activities at its flagship Calcatreu project in Rio Negro Province, Argentina, after the preventive, partial and temporary suspension of certain activities by the Rio Negro Secretariat of Labour, it said in a statement on Thursday.

The company said the suspension was lifted after executing an agreement with the Secretariat of Labour of the Province of Rio Negro regarding the hiring and training of local workers. Patagonia is evaluating the impact of the temporary suspension on the project's production levels and its production objectives for the upcoming periods, it said.

Shares of the company closed unchanged at C$0.55 on Wednesday on the TSX Venture Exchange.

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