Bullboard - Stock Discussion Forum Patagonia Gold Corp V.PGDC

Alternate Symbol(s): HGLD

Metals & Mining Gold

Patagonia Gold Corp, formerly known as Hunt Mining Corp., is a mineral exploration and production company. The Company’s activities include the exploration and production of minerals from properties in Argentina and Chile. It holds, directly or indirectly through its subsidiaries or under option agreements, the mineral rights and interests to over 350 properties in Argentina, Chile, and Uruguay... see more

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Patagonia Gold Corp > Patagonia Gold Enters Into Option Agreement

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Post by Betteryear2 on Jul 09, 2024 7:47pm

Patagonia Gold Enters Into Option Agreement

VANCOUVER, British Columbia, July 09, 2024 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSX.V:PGDC) is pleased to announce that it has entered into a binding letter agreement dated July 8, 2024 (the “Option Agreement”) with Astra Exploration Inc. (TSX.V:ASTR) (“Astra”, and together with the Company, the “Parties”). The Option Agreement grants Astra an option (the “Option”) to earn up to a 90% undivided interest in the Company’s La Manchuria property (the “Property”) in return for spending at least US$3.0M on the Property and making a cash payment of US$5.0M, as described below.

Patagonia Gold Enters Into Option Agreement with Astra (globenewswire.com)

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