Patagonia Gold Announces First Dore Dispatch From the Calcatreu Project
Patagonia Gold (PGDC.V) on Monday said it made the first shipment of gold and silver dore from its flagship Calcatreu Project in Argentina."The first dore dispatch of 518 gold equivalent ounces to Asahi Refining Ltd. represents an important operational milestone for the project and the commencement of metal recovery activities from the heap leach circuit," said the company.Since starting leaching operations on April 15, the company has continued advancing recovery and downstream processing activities, resulting in the production and dispatch of the first dore bars from Calcatreu, it stated."Calcatreu contains 669,000 gold ounces and 6,275,000 silver ounces of indicated mineral resources and 348,000 gold ounces and 3,399,000 silver ounces of inferred mineral resources," said the company.The company continues to monitor leach pad performance, solution flow and metallurgical recoveries as operations advance, it added.The company's shares were last seen up $0.01 to $0.67 on the TSX Venture Exchange.Price: $0.67, Change: $+0.01, Percent Change: +1.52%
