Core Viewpoint - Patagonia Gold Corp. reported its financial results for Q2 2025, highlighting production and sales figures, ongoing projects, and future plans for development in the Patagonia region of Argentina [1][2]. Financial Performance - The company generated revenue of US$3 million in Q2 2025 [6]. - Production included 393 gold ounces and 24,035 silver ounces, while sales comprised 598 gold ounces and 33,159 silver ounces, with a gold equivalent ratio of 96.11:1 for the quarter [3][6]. Project Development - The company completed a US$40 million investment in its subsidiary, Patagonia Gold Canada Inc., to advance the Calcatreu project [6]. - Construction of the Calcatreu heap leach facility has commenced, with significant progress on infrastructure such as access roads, camp, and power generation plant [6]. - The company has initiated drilling and exploration activities at the Calcatreu project, including 697.55 meters drilled in 12 diamond drill holes [6]. Strategic Agreements - An agreement was executed with Newmont regarding the Tornado and Huracan properties, which are located north of their Cerro Negro mine [6]. Future Outlook - The company anticipates the first blasts for mining activities to occur by the end of Q3 2025, with personnel hiring and training already underway [6].