Emerging Gold Producer with Massive Exploration Upside
•
Martha Mill and Project
7,850 ha property located ~50 km to the southwest of the city of
Gregores in the province of Santa Cruz, Argentina
- Access to surrounding lands totaling 35,700 ha
- 100% owned and subject to a 2% NSR royalty to Royal Gold
• 240 tpd (max capacity of 480 tpd) processing facility that includes
•
.
•
crushing, grinding and flotation plant
-
On-site infrastructure includes tailing facility, stockpiles, water tanks, diesel
storage and generators, offices and employee living facilities
Historic high-grade open pit and underground mine previously operated
by Coeur, Yamana and Hunt Mining
-
From 2000 to 2012, the mine produced 31.4K oz Au and 24.2M oz Ag from
532K tonnes of ore (average grade of 1,418 g/t Ag and 1.84 g/t Au)
In 2017, Hunt mined 26,000 tonnes at 771 g/t Ag and 1.01 g/t Au
High-grade silver and gold hosted in quartz veins, veinlets and vein
breccias across an extensive intermediate epithermal system
Many high-grade vein targets within 5 km of the mill
Intersected 1 m of 7,700 g/t Ag from the Veta del Medio system
Conducted a 65-hole, 1,397.4 m RAB drill program in late 2019 over many near-
surface (within 25 m) drill targets
patagoniagold.com
12
TSXV:PGDC
240 tpd mill to process high-grade ore
from the Cap Oeste project
Historic Resource Estimate (year-end 2012)
Category
Tonnes
000s
Grade
M&I
51.8
g/t Au g/t Ag
0.6 465.3
Contained Metals
oz Au
000 oz Ag
995
775
Inferred
185.2
0.16
162.8
963
969
Resource estimate prepared by Coeur Mining using a cut-off grade of 350 g/t AgEq
&
PATAGONIA
GOLDView entire presentation