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Patagonia Gold receives two environmental permits in Argentina

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(Kitco News) - Patagonia Gold (PGDC.TSXV) announced today that it has received definitive environmental permits for both the development of its flagship Cap-Oeste gold/silver project and the restart of its Lomada de Leiva gold project.

The company noted that these permits allow for the development and operation of mining operations in the mining friendly Santa Cruz Province in Argentina.

Patagonia had previously disclosed receipt of the preliminary environmental permit for mining and leaching operations at Lomada on October 8, 2020, and receipt of the provisional permit to proceed with the development of the Cap-Oeste gold/silver project on November 23, 2020.

CEO Christopher Van Tienhoven commented, "The receipt of these permits is a testament to our commitment to become an intermediate gold and silver producer in a sustainable and environmentally friendly manner. We look forward to increased exploration and development and advancing these and other production opportunities."

Patagonia Gold is a mining and development company is primarily focused on the Calcatreu project and the development of the Cap-Oeste underground project, located in Argentina. Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 365 properties in several provinces of Argentina and Chile and is one of the largest landholders in the Province of Santa Cruz, Argentina.

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