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Patagonia Gold Plc
Summary
| Project: | Calcatreu | |
|---|---|---|
| Deposit: | Calcatreu | |
| Location: | Argentina | |
| Commodities: | Silver-Gold | |
| Date: | 3/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 26-3-2018: Patagonia Gold Plc announces a Resource Estimation report for its Calcatreu deposit at the Calcatreu project. Annual statement of mineral resources at Calcatreu. Patagonia Gold Plc, the mining company with gold and silver projects in the southe | |
| Resources: | (Resource): 8.816Mt @ 23.78g/t Ag, 2.43g/t Au (Ind) + 7.571Mt @ 14.12g/t Ag, 1.41g/t Au at project | |
| CP/QP: | [Resources]: Matthew Boyes (Internal) | |
| ABSTRACT: | Patagonia Gold Plc, the mining company with gold and silver projects in the southern Patagonia region of Argentina, Chile and Uruguay, is pleased to provide an updated resource estimate for the Calcatreu project in the Province of Rio Negro. CUBE Consulting Ltd were contracted to prepare an updated JORC‐43‐101 compliant resource estimate for the Calcatreu project. A full reinterpretation and analysis of all available drill data and existing geological modelling data was undertaken. The updated resource model is tabled below. Indicated resources remained unchanged from 2008 with an increase of approximately 130 koz reported in the Inferred category. The opportunity exists to convert a portion of the existing Inferred resources into a higher category through additional drilling and studies to elevate the current level of confidence in the interpretation. The main focus of Patagonia Gold over the next 12 month period will be to add to this resource base before commencing a feasibility study for the project. | |
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