Le Lézard
Classified in: Mining industry, Business

Patagonia Gold Third Quarter 2020 Financial Results

VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. ("Patagonia" or the "Company") (TSXV: PGDC) is pleased to announce its unaudited results for the fiscal period ended September 30, 2020 ("Q3 2020"). The financial statements together with the management's discussion and analysis are available on the Company's website and on SEDAR at www.sedar.com.


Christopher van Tienhoven, CEO commented: "The Company continues to generate revenue from the residual leach operations at Cap Oeste and Lomada and is excited with the opportunity to resume mining and leaching activities at Lomada as a result of the improved precious metal prices."

Qualified Person's Statement

Donald J. Birak, an independent geologist and Registered Member of SME and Fellow of AusIMM, the qualified person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical content of this press release.

About Patagonia Gold

Patagonia Gold Corp. is a mining and development company listed on the TSX Venture Exchange. The Company seeks to grow shareholder value through exploration 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
E: dean@boardmarker.net

Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Corp
E: cvantienhoven@patagoniagold.com


This news release contains certain forward-looking statements, including, but not limited to, statements with respect to resuming operations at Lomada, 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 variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. 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 should be considered carefully and readers should not place undue reliance on the forward-looking statements. 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 results will be consistent with these forward-looking statements. The Company assumes no obligation to update 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.

These press releases may also interest you

at 14:08
Taxpayers can get a head start on preparing their tax returns as free federal tax preparation and e-filing software is now available at www.IRS.gov/FreeFile to all Americans with a 2020 adjusted gross income (AGI) of $72,000 or less. Powered by The...

at 14:06
Physicians Endoscopy (PE) along with physicians of Gastroenterology Associates of Fredericksburg and Mary Washington Healthcare are excited to announce their three-way joint venture partnership and opening of Fredericksburg Endoscopy Center, LLC,...

at 14:05
Roosevelt Capital Group Inc. ("Roosevelt") , a capital pool company, and Cloud DX, Inc. ("Cloud DX"), a leading provider of virtual care and remote patient monitoring solutions, are pleased to announce further details concerning the concurrent...

at 14:05
Branch, which partners with employers to help working Americans grow financially, announced how its employer-based Earned Wage Access (EWA) model aligns with the Consumer Financial Protection Bureau's (CFPB) recently issued guidance for the EWA...

at 14:01
CFO Systems has added Jim Harshman, John Lomoro, and Chris Whitlow to its nationwide team of 40-plus professionals focused on helping our clients grow. The CFO Systems team has extensive experience leading the accounting, finance, and human resources...

at 14:00
With more than 150,000 genetic tests available, at least 6.9 codes per claim and thousands of medical policies1,2, it's virtually impossible for providers and payers to keep up with the complex and ever-changing world of genetic testing. Today,...

News published on 27 november 2020 at 16:15 and distributed by: