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Press release from CNW Group

Patagonia Gold Approves General Meeting Resolutions

Tuesday, January 08, 2013

Patagonia Gold Approves General Meeting Resolutions12:00 EST Tuesday, January 08, 2013TORONTO, Jan. 8, 2013 /CNW/ - The Board of Directors of Patagonia Gold Plc(TSX: PAT, AIM: PGD)announces the resolutions set out in the circular to shareholders on December 14, 2012 were passed at the General Meeting of the Company today.About Patagonia Gold Patagonia Gold Plc is an advanced mining exploration company that seeks to grow shareholder value through the acquisition, exploration and development of gold and silver projects in the southern Patagonia region of Argentina. The Company is primarily focused on the development of three projects: the flagship Cap-Oeste project, the nearby COSE project and the Lomada heap leach project, which is expected to begin generating free cash flow by 2013. Patagonia Gold, indirectly through its subsidiaries or under option agreements, has mineral rights to over 220 properties in several provinces of Argentina and Chile, and is one of the largest landholders in the province of Santa Cruz.Patagonia Gold is listed on the Toronto Stock Exchange (TSX) under the symbol PAT and has been listed on the AIM market of the London Stock Exchange under the symbol PGD since SOURCE: Patagonia Gold plcFor further information: Contact Information Bill Humphries / Nigel Everest Patagonia Gold Plc Tel: +44 (0)20 7409 7444 Philip Yee, CFO Patagonia Gold Plc Tel: +1 (416) 572 2007 Colin Languedoc Barnes Communications Inc. Tel: +1 (416) 367-5000 Angela Hallett / James Spinney Strand Hanson Limited Tel: +44 (0)20 7409 3494 Rory Scott Mirabaud Securities LLP Tel: +44 (0)20 7878 3360 David Bick / Mark Longson Square 1 Consulting +44 (0)20 7929 5599