Mina Angela Project

Commodity

Gold

Ownership

Option Agreement with Patagonia Gold under the terms of which Patagonia have a right to acquire a 100% interest in the Mina Angela property, subject to a 1.25% NSR royalty payable to Latin Metals.

Province

Chubut, southern Argentina

Infrastructure

40km from town of Gastre, gravel road access

Deposit Type

Low sulphidation epithermal gold mineralization

Historical Exploration

1997 to 1998 - discovery of new gold vein system. Drilling, geophysics, soil geochemistry (Lonrho Mining)
1978 to 1992 – underground mining (Cerro Castillo SA). Government records indicate between 1983 and 1992, mine production was 1.04 million tonnes with average grades of 4.0 g/t gold, 48.4 g/t silver, 2.0% lead, 0.4% copper, and 4.6% zinc

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