tug will be gold in them hills

tug will be in spain for two weeks.

tug great weather.aex to blow. afd end month.see you in 14 days.

Patagonia Gold PLC
06 January 2006


PATAGONIA GOLD PLC

Trading Symbol PGD.L


HUEMULES GOLD MINE - PROGRESS REPORT

An ongoing review of data acquired with the Huemules Gold Mine, in December
2005, shows that drilling results at Huemules Norte confirmed the presence of a
new gold shoot containing bonanza grades.

A drilling campaign completed at Huemules Norte in 2002 by Leleque Exploration
(JV Brancote Holdings-Minamalu) established the presence of the high grade
shoot. A follow up campaign carried out by Leleque Exploration (JV Meridian
Group-Minamalu) in 2003 confirmed and extended the shoot down dip. The shoot is
open at depth.

Results include:
+------------------------------------------------------------------------------+
| HUEMULES NORTH HIGH-GRADE ZONE |
+-----------+-------+-------------+--------+--------+--------+--------+--------+
|Drill Hole | From |Intersection | Gold | Silver | Copper | Lead | Zinc |
| |metres | metres | g/t | g/t | % | % | % |
+-----------+-------+-------------+--------+--------+--------+--------+--------+
|HD-02 | 71.0| 2.0| 60.3| 17.3| 0.81| 0.16| 0.48|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
| Including| | 1.0| 107.1| 17.2| 0.35| 0.11| 0.76|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
|HD-14 | 142.5| 7.5| 35.8| 53.5| 1.39| 0.81| 2.83|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
| Including| | 2.0| 85.0| 41.4| 0.85| 0.18| 0.37|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
| and| | 1.0| 119.7| 25.4| 2.67| 0.14| 1.72|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
|HD-18 | 139.0| 4.0| 61.5| 69.4| 1.77| 1.12| 0.89|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
| Including| | 0.5| 460.1| 213.0| 3.38| 7.43| 4.58|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
|HD-19 | 126.0| 3.0| 12.8| 10.5| 0.28| 0.02| 0.03|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
| Including| | 1.0| 30.1| 18.5| 0.25| 0.02| 0.03|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
|HND-01 | 161.2| 2.3| 13.8| 37.7| 0.42| 0.02| 0.05|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
| Including| | 0.9| 25.3| 56.0| 0.18| 0.02| 0.05|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
|HND-02 | 160.3| 4.7| 7.3| 36.6| 0.89| 0.88| 2.17|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
| Including| | 3.0| 9.1| 14.6| 0.67| 0.10| 0.25|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
|HND-03 | 165.8| 5.3| 296.5| 155.4| 1.05| 1.59| 3.07|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
| Including| | 0.6| 2,338.6| 1,020.0| 1.27| 6.17| 9.14|
+-----------+-------+-------------+--------+--------+--------+--------+--------+
| And| | 0.6| 123.5| 147.0| 3.46| 2.42| 4.47|
+-----------+-------+-------------+--------+--------+--------+--------+--------+

All drill intersections from the 2003 campaign have been re assayed by Patagonia
Gold in December 2005 the results, of which, have confirmed the original gold
assays within 99.9%. Full assay and collar co-ordinate details are appended to
this release. (Appendix A )

The Huemules Gold property is located some 25 kilometres to the NW of Esquel and
lies within the 6km wide, 300 degree striking, Willimanco structural corridor
which extends north-west from the Esquel Gold Project. The property is optioned
to Minera Huemules SA, a wholly owned subsidiary of Minamalu SA which in turn is
a wholly owned subsidiary of Patagonia Gold Plc.

Geology and Mineralisation

The Huemules area covers a section of mountains, known as Cordon Rivadavia,
occurring as fault blocks trending north northwest-south southeast, and are
comprised mainly of relatively coarse grained series of andesitic to dacitic
pyroclastics. This sequence is flat-lying and well-stratified and is intruded by
felsic domes and (doleritic) dykes and sills.

Hydrothermal events have occurred within andesite hosted structures producing
the brecciation, alteration, sulphidation and quartz veining observed in the
region.

Project scale geology is dominated by a structural corridor at about 155
degrees, in which Huemules Norte, Centro and Huemules Sur are located. This
prominent northwest-trending, sub-vertical west dipping fault system was clearly
a tensional environment as mapping has identified several dyke swarms in this
corridor.

The Huemules Sur and Huemules Norte fault system, which controls epigenetic gold
and silver mineralization, is over 3 kilometres long, and up to 20 meters wide.
Mineralisation is mesothermal and consists of quartz stockworks (with minor
carbonate) with pyrite, chalcopyrite, sphalerite and galena. Reasonably intense
chloritisation, silicification and clay are also present.

The fault zone has been re-activated at least twice, with an early phase of
high-temperature fluid depositing the bulk of the gold mineralization, followed
by a later, lower temperature, carbonate-dominated fluid carrying manganese and
base metals.

The Huemules vein system includes three sectors, designated Sur, Centro, and
Norte. At Huemules Sur, the zone consists of a broad corridor of pyritized and
irregularly argillized and/or silicified rock, up to 150 meters wide, containing
multiple lenticular, gold-bearing, quartz veins, veinlets, and quartz breccia
zones. At Huemules Norte and Centro it is more commonly a well-defined quartz
breccia zone of 5 to 15 meters width containing disseminated pyrite and
chalcopyrite and enclosing a single discrete gold-bearing vein.

Exploration History

The Huemules gold/silver deposits were discovered by prospectors in about 1965.
Exploration work has been carried out by:

The United Nations (1978 to 1983), including 2,049 metres of diamond
core (DC) drilling and 322 metres of underground development at Huemules
Sur.
The Chubut Mining Directorate (1987 to1988), including 242 metres of
(DC) drilling and 240 metres of underground development at Huemules Sur
EACA, the Argentine company awarded the mining licence (1989 to 1994),
including 1,210 metres of (DC) drilling and 210 metres of underground
development at Huemules Sur together with 120 metres of underground drive
development at Huemules Norte.
Production from the two main ore shoots was approximately 2,000 tonnes
of ore grading-120 g/t gold for a total of 7,717 ounces. The direct shipping
ore was sold to the Union Miniere smelter in Belgium.
Sunshine Mining (1994 to 1996), including 2,903 metres of Reverse
circulation drilling in the vicinity of the Huemules Sur Mine.
Minera El Desquite-JV Brancote Holdings-MBP SA. (1998 to 2000).
Leleque Exploration-JV Brancote-Minamalu (2001 to 2002) including 2820
metres of (DC) drilling in the vicinity of the Huemules Norte Mine.
Leleque Exploration-JV Meridian Group-Minamalu (2003), including 443
metres of (DC) drilling at Huemules Sur and 1,032 metres of (DC) drilling at
Huemules Norte.

For drill-hole location details for the 2002/2003 drilling campaigns see
Appendix B.

Exploration potential at Huemules remains very good with the majority of past
work focused on limited areas around the high grade shoots. All of the
identified shoots remain open at depth, often with the best grades at the deeper
levels, and a number of ore grade surface showings remain untested.

Ongoing work

Chlumsky, Armbrust and Meyer L.L.C. (CAM) an international mineral resources,
consulting, and engineering group from Lakewood, Colorado, U.S.A. have been
engaged by Patagonia Gold to complete a resource estimate, to Canadian National
Instrument 43-101 code, on the newly discovered high grade shoot at Huemules
Norte and to review the historical resource at Huemules Sur.

CAM will also give recommendations for infill, down-dip and metallurgical
drilling at Huemules Norte in preparation for environmental and scoping studies.

Marc Sale, (BSC. Geology, member AusIMM, member AIG) a Director and consultant
to Patagonia Gold Plc and a qualified person as defined in National Instument
43-101, has reviewed and verified all scientific or technical mining disclosure
contained in this press release.

ENDS

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