PATAGONIA EXTENDS MINA ANGELA PROPERTY OPTION AGREEMENT
VANCOUVER, British Columbia, March 16, 2020 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (Patagonia or the Company) (TSXV: PGDC) announces the Company has entered into an amending agreement (the Amending Agreement) to amend the terms of the option agreement between the Company and Latin Metals Inc. (Latin Metals) dated August 12, 2019 (the Agreement), pursuant to which the Company has the option to acquire a 100% interest in the past-producing gold / silver Mina Angela property.
- VANCOUVER, British Columbia, March 16, 2020 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (Patagonia or the Company) (TSXV: PGDC) announces the Company has entered into an amending agreement (the Amending Agreement) to amend the terms of the option agreement between the Company and Latin Metals Inc. (Latin Metals) dated August 12, 2019 (the Agreement), pursuant to which the Company has the option to acquire a 100% interest in the past-producing gold / silver Mina Angela property.
- The Mina Angela property is situated in the Somuncura Massif of southern Argentina and is comprised of 44 individual claims.
- Pursuant to the Amending Agreement, Patagonia has extended the period by which it must enter into a definitive agreement to acquire the Mina Angela property (the Definitive Agreement) by six months.
- The Company seeks to grow shareholder value through exploration and development of gold and silver projects in the Patagonia region of Argentina.