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Patagonia Gold acquires Calcatreu deposit from Pan American Silver

Patagonia Gold Plc said Feb. 1 that it closed the acquisition of the Calcatreu gold-silver deposit in Argentina from Pan American Silver Corp.

Patagonia has made the initial payment of US$5 million, with the remaining US$10 million due May 18.

The companies struck a definitive deal for the project in late December 2017.