Patagonia Gold Corp · TSXV:PGDC
Patagonia Gold — Shareholder Meeting (June 2011)
35 slides from Patagonia Gold's shareholder meeting presentation, June 2011
Slide 1: Patagonia Gold Plc
Patagonia Gold Plc 2011 Updated May 2011 Cap Oeste May 2011
Slide 2: Important Notice
IMPORTANT NOTICE The content of this presentation has been prepared for the purpose of providing general information about, and an overview of, Patagonia Gold Plc (the “Company") and its operations. It is not meant to be a complete review of all matters concerning the Company. Whilst the Company has
Slide 3: Company Overview
PATAGONIA GOLD PLC COMPANY OVERVIEW A precious metals exploration and production company operating in the southern Patagonian provinces of Argentina To March 2011, delineated 1,143,759 oz of gold equivalent NI 43-101 compliant p resource 76 % in the Measured and Indicated category g y Deposit INDICA
Slide 4: Recent Achievements
PATAGONIA GOLD PLC RECENT ACHIEVEMENTS •Cap Oeste resource and exploration drill meters has been increased significantly. Resource update Q4 •Monte Leon: a new discovery additional and extensive exploration potential. •La Manchuria: maiden resource and significant g resource upside p p potential •Re
Slide 5: Area of Operation
AREA OF OPERATION Patagonia P t i Gold G ld through th h its it 100% subsidiary b idi Patagonia Gold S.A. (PGSA) operates in four of the Argentine Provinces in Patagonia Total area held under license 7,264 km²* Number of properties ~200 In 2009 PGSA formed a strategic partnership with Fomicruz SE, 9
Slide 6: PGSA Exploration in Santa Cruz
PGSA EXPLORATION in SANTA CRUZ
Slide 7: Cap Oeste Project - Flagship Project
CAP OESTE PROJECT Patagonia Gold’s Flagship Project Project, targeted production 2014
Slide 8: Cap Oeste Project - IP Chargeability & Structure
cx. 226m QE gr Aa 4688000 mN CAP OESTE CORRIDOR IP CHARGEABILITY & STRUCTURE 0.75 kilometres CAP OESTE PROJECT 2392000 mE 0.5 kilometres 2394000 mE
Slide 9: Cap Oeste Project - Completed
CAP OESTE PROJECT COMPLETED • NI 43-101 Resource estimate Oct 2009 at 0.30 grams per tonne of gold cut off Indicated 362,040 oz gold 14,503,120 oz silver Inferred 46,090 oz gold 1,604,030 oz silver Total gold equivalent (AuEq) 655,930 oz AuEq Assumptions: Gold price US$800/oz recovery 90% Silver ppr
Slide 10: Cap Oeste Project - Drill Hole Section
CAP OESTE PROJECT Drill hole section 10,125N 10 125N Significant results Hole No. From Interval Grade Grade metres metres Au g/t Ag g/t CO-119-D 258.00 13.20 14.54 186 CO 123 D CO-123-D 257 90 257.90 16 10 16.10 5 86 5.86 260 CO-139-D 244.70 11.80 15.21 203 CO-144-D 316.00 33.00 5.77 182 CO 145 D CO
Slide 11: Cap Oeste Project - In Progress
CAP OESTE PROJECT IN PROGRESS •Resource exploration and deeper Infill drilling The deposit remains open along strike and down plunge •Exploration drilling along Bonanza structure – Pampa to Tango 6km •Metallurgical g Study y for completion p in Q Q4 2011. To investigate various processing methods. P
Slide 12: Cap Oeste Project - Long-section
CAP OESTE PROJECT Long section showing Au x metre Long-section
Slide 13: Cap Oeste Project
CAP OESTE PROJECT
Slide 14: COSE - Cap Oeste Project - Exploration
COSE - Cap Oeste Project - Exploration CSE 044 D CSE-044-D
Slide 15: El Tranquilo Property Exploration
EL TRANQUILO PROPERTY EXPLORATION
Slide 16: El Tranquilo Property - El Bajada Corridor Exploration
EL TRANQUILO PROPERTY EL Bajada j Corridor Exploration p
Slide 17: Monte Leon Prospect
MONTE LEON PROSPECT
Slide 18: Monte Leon Prospect
MONTE LEON PROSPECT COMPLETED •Reconnaissance exploration and mapping. •Geophysical dipole gradient array resistivity and IP survey for 18Kms. •Trenching for 4,007 m on 16 trenches. •3,953 3 953 metres t off HQ ddrilling illi in i 15 holes h l Hole No. From Interval Grade Grade Trench No. From Inter
Slide 19: Monte Leon Prospect - Section
MONTE LEON PROSPECT SECTION N76850 MLN-013-D 188m
Slide 20: El Bajada - Monte Leon Corridor Exploration
El Bajada - Monte Leon – Corridor Exploration
Slide 21: La Manchuria
LA MANCHURIA A gold and silver deposit 50 kilometres SE of and within carting distance of the Cap Oeste Deposit
Slide 22: La Manchuria
LA MANCHURIA COMPLETED • NI 43-101 Resource estimate Sept 2010 at 0.75g/t gold equivalent (AuEQ) cut off , Indicated 40,317oz ggold 1,848,211oz , , silver Inferred 72,335oz gold 2,335,236oz silver Total gold equivalent 146,366 oz AuEQ Assumptions: Gold price US$925/oz recovery 95% Silver price US14.
Slide 23: La Manchuria - Exploration Potential
LA MANCHURIA EXPLORATION POTENTIAL - Soil survey y map-gold pg
Slide 24: PGSA Exploration in Santa Cruz
PGSA EXPLORATION in SANTA CRUZ
Slide 25: Development Projects
DEVELOPMENT PROJECTS
Slide 26: Lomada de Leiva Project - Current Status
LOMADA de LEIVA PROJECT Current Project Status •40 Days of full Irrigation completed on ROM ore, 50 days remaining until completion of trial and reconciliation •Au now being recovered to Carbon with Plant now fully commissioned • Expansion of trial heap to 200Kt approved and extension of Pad complet
Slide 27: Lomada de Leiva Project - Trial Heap Leach Operation
LOMADA de LEIVA PROJECT TRIAL HEAP LEACH OPERATION Leach Pad Irrigation system E Expansion i Area A 200Kt Construction of Plant Facility Construction of Plant Facility
Slide 28: Lomada de Leiva Project - Targeted Development 2012
LOMADA de LEIVA PROJECT Targeted Development 2012 •EIA approval Q1 •Construction and commencement of Production at full scale, Q3 •Construction C t ti off Gold G ld Room R facility f ilit for f production d ti off doré d é commissioning Q1 •Continue to drill existing targets peripheral to main Lomad
Slide 29: Lomada de Leiva Project - Mining of Trial Pit
LOMADA de LEIVA PROJECT Mining of Trial Pit in Progress S Survey Pi Pick kUUp off T Trial i l Pit with ith Resource R Block Bl k Model M d l Long section gold g/t x metres
Slide 30: COSE Underground Project
COSE UNDERGROUND PROJECT
Slide 31: COSE Project
COSE Project • Resource estimate and Preliminary Economic Assessment Study completed Total INDICATED Resources Undiluted COSE Project Grade Ounces Contained Metal Tonnes Au (g/t) Ag (g/t) AuEq (g/t) Au Metal (oz) Ag Metal (oz) AuEq Metal (oz) 20 637 20,637 60 06 60.06 1 933 07 1,933.07 96 21 96.21 3
Slide 32: COSE Project Grade Continuity
COSE Project Grade Continuityy Section 6CS CSE-62, 3.95m@40.2g/t CSE-51, 5.65m@157.8g/t CSE-57, 4.09m@179.1g/t CSE-50, 5.07m@88.4g/t CSE-48, 3.90m@80.2g/t CSE-49, 5.48m@521.1g/t CSE-47, 7.00m@286.1g/t Section 5CS CSE-33, 3.00m@36.8g/t # All assays shown as AuEqv @ Au-Ag 42:1 • Grade G d modelled d l
Slide 33: COSE Project - Potential Treatment Routes
COSE Project Potential Treatment Routes for COSE HG Ore DIRECT SHIPPING • Direct Ship crushed Ore to smelter •Recoveries for Au and Ag are 93% and 90% respectively • Requires very low Capital • High Recoveries • No Permitting, No Chemical usage NaCN • Construction of Stand Alone Merryl Crowe circuit
Slide 34: COSE Project - Proposed Decline Design and Orebody
COSE Project Proposed Decline Design and Orebody Box-Cut, Portal Location 120m Decline X section 4 5m x 4.3m 4.5m 4 3m Tot Dev 2100m 150 150m COSE Orebody D H l andd Design D-Holes D i
Slide 35: COSE Project - Proposed Infrastructure
COSE Project Proposed Infrastructure Cap‐OESTE Cap OESTE 2km 2km’ss Camp 3km’s Box‐Cut and Decline Trace Mine Water Storage Maintenance M i t Resource Drilling Workshop Enclosed Crushing and Geotechnical Holes Sampling Circuit Vent Vent Rise Location Access and Waste Dump Haulage Routes And Batch Pl