Result of AGM

6 June 2012

Patagonia Gold Plc

("Patagonia Gold" or the "Company")

Result of AGM

Patagonia Gold is pleased to announce that all the resolutions put to the shareholders of the Company at the annual general meeting held today were duly passed.

**ENDS**

Enquiries:

Bill Humphries/Nigel Everest Philip Yee, CFO

Patagonia Gold Plc Patagonia Gold Plc

Tel: +44 (0) 20 7409 7444 Tel: +1 (416) 572 2007

Rory Scott David Bick/Mark Longson

Mirabaud Securities LLP Square 1 Consulting

Tel: +44 (0) 20 7878 3360 Tel:+44 (0) 20 7929 5599

Simon Raggett/Angela Hallett Colin Languedoc

Strand Hanson Limited Barnes Communications Inc.

Tel: +44 (0) 20 7409 3494 Tel: +1 (416) 367 5000