tug will be gold in them hills

Patagonia Gold PLC
17 January 2006



Patagonia Gold Plc

Placing to raise 2.5 million

Patagonia Gold Plc ('Patagonia Gold' or the 'Company'), the South American
mining explorer, today announces that it has placed 15,625,000 new ordinary
shares of 1p each in the Company ('Placing Shares') at a placing price of 16p
per share (the 'Placing') to finance working capital and exploration
expenditure.

Placing Shares to the value of 1,125,000, representing 45% of the ordinary
shares the subject of the Placing, have been subscribed for by the Miguens /
Bemberg family led by Carlos Miguens and Gonzalo Tanoira, who continue to
provide invaluable expertise and advice in relation to the Company's activities
in Argentina.

The following Directors have subscribed for Placing Shares:

Director Placing Shares Shareholding immediately Percentage of enlarged
Subscribed following Admission issued share capital

Sir John Craven 1,562,500 2,562,500 0.96%
Carlos Miguens 2,668,568 39,608,950 14.78%
Bill Humphries 390,625 6,890,625 2.57%
Richard Prickett 390,625 6,374,888 2.38%

The Placing is conditional on admission of the Placing Shares to AIM.
Application has been made for admission of the Placing Shares to trading on AIM,
and is expected to take place on 24 January 2006.

In total the Directors and the Miguens/Bemberg family have subscribed for 60% of
the Placing Shares, the balance being placed with institutional investors.


Enquiries:
Patagonia Gold Anthony Cardew/Tim Robertson
Richard Prickett/ Tel: 020 7930 0777
William Humphries
Tel: +44(0)20 7409 7444

Proactiveinvestors have written an article re PGD, click HERE to read

Another article on PGD!

Click Here

New article, click HERE

Is this one worth a tickle, chart looks good with a good drilling report. must be worth having a little flutter.??

Looks like things are happening at Patagonia,COSE Project:

The COSE project is an advanced exploration target associated with the larger Cap-Oeste gold-silver deposit located 2 kilometres to the North West. COSE was discovered by Patagonia Gold's exploration team in late 2008 using geophysics, surface exploration and scout drilling.



A drill campaign, consisting of 43 drill holes for 10,270 metres, was completed in the 2009/10 summer. Subsequently, a review and conceptual model of the COSE project defined 700,000 to 800,000 tonnes of mineralised material containing between sixty and seventy thousand ounces of gold and two to three million ounces of silver.



The review indicated the need for more work to better define the geological controls on the high grade mineralisation as well as the need to decrease the spacing of the drill holes to advance the conceptual model to a Canadian National Instrument 43-101 (NI-43-101) compliant resource.



Accordingly, a seven thousand metre extension and infill drill program is in progress. To date 10 drill holes (CSE-44-D to CSE-53-D) for 2,645metres have been completed. Assays are outstanding for 6 drill holes.



The central mineralised breccia zone of COSE containing the exceptionally high grade gold and silver, has to date been delineated within an area 75 metres down dip by 25 metres along strike with a true width of 3.5 to 4.5 metres. The mineralisation remains open in all directions.



The primary objective of the current drill program is to test the potential for extension of the breccia hosted mineralisation and to increase the overall level of confidence in the existing model and grade continuity for the entirety of the known mineralised breccia-fault zone.



PGSA has contracted Independent Mining Engineers, NCL Ingenieria Y Construccion SA, Chile, to complete a preliminary cost analysis to evaluate the potential CAPEX and OPEX costs involved in the development of a decline access and an underground mine, using sub-level stoping, for the extraction of the known mineralisation at COSE.



NCL will provide a detailed preliminary mine design in conjunction with a timeline and financial model outlining expected costs for the development of the COSE project. NCL commenced work on the 20th October with a final report expected in 5 weeks. NCL will be retained to make any updates and final adjustments which could arise due to changes in the existing mineralised envelope as a result of the current drill campaign.

The only place this is going is up up up.

Looking very very good today up nearly 30%, excellent ,look's like christmas has come early for me.
ULB

Up another 18% with no news, keep on rising..

we got these for 1.5p from brancote deal not bad is it not . hpd then pgd .

i bought brancote at 40p sold them at 200p plus long time ago but the mangement have done us proud

This chart is beginning to look awesome

Once again a very good couple of days, news must be round the corner.

Seems we are back on track!!! up 10% today

Technicaly rather difficult to call this one. Either look for a retrace of high and trend channel top to base of channel or SP could do turn abouts and smash throught the ceiling roof. Certainly lower indicators show it still has plenty to give on the upside.

Recent article on PGD....

From GCI:-

Spotlight falls on Patagonia Gold.

10/08/2011 Robert Tyerman

Recent buying by Goldman Sachs and others has focused market attention on PATAGONIA GOLD , the AIM-quoted mining hopeful with interests in Argentina. Steered by Richard Prickett and Bill Humphries (the duo that built up the Brancote mining group before selling it for 220 million after hiving off Patagonia), the company boasts potential resources of one million oz of gold, which bulls hope further drilling could convert into two million oz in the first half of next year.

Another director, influential local businessman Carlos Miguens, holds a key stake in London-based Patagonia, which has been working to upgrade its gold resource at Lomada in Argentinas Santa Cruz province. The company recently intercepted gold- and silver-bearing zones with gold grades ranging from 0.54 to 21.21 grammes of gold per tonne of ore near the surface at another prospect, Monte Leon, which it has suggested could be suitable for bulk mining.

Patagonia Gold, which ended last year with 6.8 million cash after losing 7.3 million, raised 5.25 million at 42p in May to finance an accelerated drilling programme at its flagship Cap-Oeste gold and silver project, also in Santa Cruz, holding an estimated 656,000 oz of gold. That followed a 19 million fundraising the month before for Cap-Oeste and the companys high-grade COSE project.

Floated at 14p eight years ago, Patagonia shares have been slow burners, even though the presence of Miguens could be said to mitigate any Argentine political risk. They have traded between 16.25p and 68p over the past year and now change hands at 55.25p, valuing the company at 404 million.

Fans of Prickett and Humphries, whose other AIM vehicle, Canada-focused nickel play LANDORE RESOURCES trades at 10.5p, believe there could be more action, especially while financial crises keep gold in vogue.

have a lot of these from the brancote days .then hpd .we got them for 1.5p not bad hey . i wonder how the gold company that bought us out in brancote got on with the mine

Lovely update this morning.

Another precious metals focused miner Patagonia Gold has now completed the 2010/11 infill and extension drilling campaign on the Cap-Oeste gold and silver deposit in Argentina.

The company called the results extremely encouraging with bonanza gold and high silver grades intersected in a newly discovered zone, including 8.91 metres at 70.79 grams per tonne (g/t) gold and 518 g/t silver in drill-hole CO-285.

Drilling is continuing on the Cap-Oeste deposit, which remains open along strike in both directions and down plunge.


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