4th Apr 2014 07:00
4 April 2014
Patagonia Gold PLC
("Patagonia Gold" or the "Company")
Corporate Presentation
Patagonia Gold is pleased to announce that an updated presentation relating to its gold and silver projects in Argentina will shortly be available for download from the Company's website at www.patagoniagold.com.
Production:
· The forecast production at Lomada de Leiva ("Lomada") has been revised to 31,500 oz of gold for 2014 due to the late anticipated delivery of the necessary machinery.
· Total production from both Lomada and the Cap-Oeste oxide project ("Cap-Oeste") is forecast to increase to 72,000 oz of gold equivalent in 2015, subject to environmental approvals and financing, with first production from Cap-Oeste scheduled for Q1 2015 and full name plate quarterly production of 12,500 oz expected to be achieved by Q3 2015.
- ENDS -
Enquiries:
Bill Humphries, CEOPatagonia Gold PlcTel: +44 (0)20 7409 7444 |
David Bick / Mark LongsonSquare 1 Consulting+44 (0)20 7929 5599 |
Angela Hallett/James SpinneyStrand Hanson LimitedTel: +44 (0)20 7409 3494 |
Rory ScottMirabaud Securities LLPTel: +44 (0)20 7484 3510 |
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