Patagonia Gold reports $2.1M revenue and launches leaching at Calcatreu
Patagonia Gold Corp. has released its financial results for the first quarter of 2026. The company, listed on the TSX Venture Exchange and OTC markets, reported revenue of US$2.1 million during this period. Operations at its key projects have also seen new developments. In Q1 2026, the company produced 390 gold equivalent ounces and sold 432 gold equivalent ounces. These figures came from ongoing residual operations at Cap Oeste. Exploration efforts in Santa Cruz projects cost approximately US$0.3 million in the same quarter.
Leaching operations at the Calcatreu Project in Rio Negro Province officially began on April 15, 2026. This marks a new phase for the company’s activities in Argentina. The quarter saw both financial gains and operational progress for Patagonia Gold. With leaching now underway at Calcatreu and steady production at Cap Oeste, the company continues to advance its projects. Revenue of US$2.1 million reflects ongoing commercial activity in early 2026.
