VANCOUVER, British Columbia, March 9, 2021 (GLOBE NEWSWIRE) – Patagonia Gold Corp. (“Patagonia” or the “Firm”) (PGDC.TSXV) proclaims that it has acquired ultimate environmental permits (“Permits”) for the event of its flagship gold / silver mission Cap-Oeste and the restart of its gold mission Lomada de Leiva (“Lomada”). These permits enable the event and operation of mining operations within the mining province of Santa Cruz in Argentina.

Patagonia beforehand disclosed receipt of the preliminary environmental allow for mining and leaching operations in Lomada on October 8, 2020, and receipt of the provisional allow to proceed with the event of the Cap-Oeste gold / silver mission on November 23, 2020.

Christopher Van Tienhoven, CEO, stated: “Receipt of those permits demonstrates our dedication to change into an intermediate producer of gold and silver in a sustainable and environmentally pleasant method. We stay up for the elevated exploration and growth and promotion of those and different manufacturing alternatives. “

About Patagonia Gold

Patagonia Gold Corp. is a mining and growth firm listed on the TSX Enterprise Alternate. The Firm seeks to extend shareholder worth by means of the exploration and growth of gold and silver tasks within the Patagonia area of Argentina. The Firm is principally centered on the Calcatreu mission in Rio Negro and the event of the Cap-Oeste underground mission. Patagonia, not directly by means of its subsidiaries or by means of choice contracts, holds mineral rights to greater than 365 properties in a number of provinces of Argentina and Chile and is without doubt one of the largest landowners within the province of Santa Cruz, Argentina.

For extra data please contact:

Dean stuart
T: 403617 7609
E: [email protected]

Christopher van Tienhoven, Managing Director
Patagonia Gold Corp.
E: [email protected]

FORWARD-LOOKING STATEMENTS

This press launch accommodates sure forward-looking statements, together with, however not restricted to, statements concerning timing of the closing of the providing, receipt of regulatory approvals, use of the proceeds of the providing, itemizing of the frequent shares on the TSX Enterprise Alternate and the long run plans and intentions of the corporate. Every time attainable, phrases resembling “might”, “will”, “ought to”, “may”, “anticipate”, “plan”, “intend”, “anticipate”, “imagine” , “Estimate”, “anticipate” or “Potential” or unfavourable or different variations of those phrases, or comparable phrases or expressions, have been used to determine these forward-looking statements. These statements mirror the present beliefs of administration and are primarily based on data presently accessible to administration as of the date hereof.

Ahead-looking statements contain necessary dangers, uncertainties and assumptions. Many elements may trigger precise outcomes, efficiency or achievements to vary materially from the outcomes mentioned or implied within the forward-looking statements. These elements needs to be rigorously thought of and readers mustn’t place undue reliance on forward-looking statements. Though the forward-looking statements contained on this press launch are primarily based on what administration believes to be affordable assumptions, the corporate can not guarantee readers that precise outcomes can be per these forward-looking statements. The Firm assumes no obligation to replace or revise them to mirror new occasions or circumstances, besides as required by legislation.

Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.



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