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Patagonia Gold Announces Positive Preliminary Economic Assessment for the Calcatreu Gold-Silver Project

The assessment calls for a 16-year mine life and 483,000 ounces of gold recovery, with 84% of early plant feed from measured and indicated resources.

  • Patagonia Gold reported a preliminary economic assessment for the Calcatreu Gold-Silver Project, estimating an after-tax NPV of about US$334 million and a 282% after-tax IRR.
  • The proposed mine could operate for about 16 years, producing roughly 483,000 ounces of gold and 3.25 million ounces of silver.
  • The assessment covers five deposits and uses open-pit mining, heap leaching, and carbon-in-column processing.
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The Toronto StarThe Toronto Star
+7 Reposted by 7 other sources
Lean Left

Patagonia Gold Announces Positive Preliminary Economic Assessment for the Calcatreu Gold-Silver Project

VANCOUVER, British Columbia, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) is pleased to announce the results of an updated independent Preliminary Economic Assessment (“PEA”) for its flagship Calcatreu Gold-Silver Project (“Calcatreu” or…

·Toronto, Canada
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Patagonia Gold presented a new Preliminary Economic Assessment of the project located in the vicinity of Ingeniero Jacobacci. The study estimates a net present value of US$334 million and an initial investment of US$52.5 million, of which more than half has already been executed.

Patagonia Gold updated Calcatreu’s preliminary economic assessment in Rio Negro. The study estimates an initial investment of $52.5 million, a production of 483,000 ounces of gold and a TIR after taxes of 282%.

·Buenos Aires, Argentina
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This Monday, Patagonia Gold presented a new update of the Preliminary Economic Assessment (PEA) of the Calcatreu mining project, located in the vicinity of Engineer Jacobacci, in Río Negro. The results were also valued by the Government of Río Negro, highlighting as a priority the incorporation of labor and local suppliers. The data provided by the...

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The Hamilton Spectator broke the news in Hamilton, Canada on Monday, September 28, 2026.
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