Emerging Gold Producer with Massive Exploration Upside
.
Emerging Gold Producer with Massive Exploration Upside
TSXV:PGDC
7736
Restarting High-Grade Gold
Operations
Generating cash flow from residual
leaching of two mines on care-and-
maintenance
2020
6M 2021
Production
Cash Cost
oz AuEq
US$/oz AuEq
10,809
4,690
$684
$1033
Lomada: open pit, heap leach
operation restarted in December 2020.
At peak, produced 3,900 oz AuEq per
month
Cap-Oeste: evaluating underground
development of COSE-style resource
(298K oz AuEq at 19.42 g/t AuEq)
•
Large Resource Base
with Growth
Potential
-
-
Four projects with a large global
resource base
M&I: 1.9M oz AuEq at 2.28 g/t AuEq
Inf: 763K oz AuEq at 1.60 g/t AuEq
Calcatreu: high-grade, near-surface
resource within a massive potential
epithermal vein system
M&I: 746K oz AuEq at 2.36 g/t AuEq
Inf.: 390K oz AuEq at 1.50 g/t AuEq
.
Massive Property Portfolio
Across Latin America
Amongst the largest landholders
across Latin America's largest precious
metal regions (Deseado Massif and
Somuncura Massif)
Over 420 property interests in
Argentina, Chile and Uruguay
>400,000 ha of properties in mining-
friendly Santa Cruz and Rio Negro
provinces in Argentina
Majority of property holdings of key
projects are unexplored
Identified 11 significant vein systems
-
Large drill program planned for 2020
.
Unparalleled discovery potential
-
Aim for feasibility study in 2021
Low Valuation with
Substantial
Upside
Trades at an EV/resource multiple of
only C$28/oz AuEq
- 66% discount to the average of companies
advancing epithermal precious metals
deposits in the Americas
Amongst a small number of developers
with a permitted mill and the potential
to advance to production in 2021
Massive re-rating potential as the
Company transitions to a high-growth
gold producer
Experienced management and exploration team with the expertise and relationships
to realize the potential of this exciting project portfolio in Argentina
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