Golden Minerals Company today provided financial results and a business summary for the quarter ending March 31, 2022. First Quarter Financial Results - Highlights Revenue of $7.5 million yielding a net operating margin of $3.2 million in the first quarter 2022, vs. $1.8 million revenue and a net operating margin of $0.2 million in the first quarter 2021, both from mining operations at the Company's Rodeo gold-silver mine [...]
Golden Minerals Company announced today that it has filed updated Preliminary Economic Assessments for its Velardeña Properties and Rodeo Project. The technical reports are available for review on SEDAR and on the Company's website at https://www.goldenminerals.com/projects/technical-reports/. Qualified Persons The reports were prepared by the following Qualified Persons as defined by NI 43-101: Dr. Guillermo Dante [...]
Golden Minerals Company announced today that mining operations executive John Galassini has joined the Company as its Chief Operating Officer, effective May 9, 2022. We are very pleased to welcome John Galassini to the Golden Minerals executive team. John brings to the role more than 30 years of mining operations experience, during which he has successfully managed some of the world's largest open pit mines and numerous [...]
Golden Minerals Company has reported production data from its Rodeo gold-silver mine for the first quarter of 2022. Summary highlights include the following: Payable gold production: 3,608 oz Au Payable silver production: 13,944 oz Ag Payable gold equivalent production: 3,787 AuEq oz Average gold grade: 3.1 g/t Au Throughput processed): 527 tpd Gold recovery: 75.4% Silver recovery: 82.8% Realized gold/silver prices [...]
Golden Minerals Company is pleased to report financial results and a business summary for the full fiscal year ending December 31, 2021. All figures are in approximate U.S. dollars. Financial Highlights Revenue of $25.6 million in 2021, vs. $5.6 million in 2020 . Net operating margin of $12.3 million related to Rodeo mine operations in 2021, vs $3.6M related to the oxide plant lease in 2020. During the fourth quarter [...]
Golden Minerals Company announces that a Technical Report has been completed for each of its Rodeo open pit gold-silver mine and its Velardeña Properties, both located in Durango State, Mexico. Each TR has been completed in accordance with Canadian National Instrument 43-101 - Standards of Disclosure of Mineral Projects . The Resources used for each report were developed by the independent engineering firm of Tetra Tech [...]
Golden Minerals Company is pleased to report results from the final seven holes of its recently completed 21-hole drill program at the Yoquivo gold-silver project in Mexico. Highlights from the drilling include: Yoquivo: Completed drill holes and mapped veins 2.6m @ 7.14 g/t Au and 2,058 g/t Ag 2.1m @ 1.26 g/t Au and 169 g/t Ag 1.4m @ 0.26 g/t Au and 149 g/t Ag The drill program was comprised of 21 holes totaling 3,949m [...]
Golden Minerals Company is pleased to report a second set of assays from the recently completed 21-hole drill program at its Yoquivo gold-silver project in Mexico. Highlights from the drilling include: Yoquivo Project - Completed Drill Holes and Mapped Veins 6.2m @ 17.19 g/t Au and 2,403.5 g/t Ag 2.4m @ 3.90 g/t Au and 328.0 g/t Ag 0.7m @ 3.40 g/t Au and 12.6 g/t Ag 0.6m @ 0.52 g/t Au and 130.0 g/t Ag The drill program [...]
Golden Minerals Company is pleased to report assay results from the first five holes of a 21-hole, second phase drill program recently completed at its Yoquivo gold-silver project in Mexico. Highlights from the drilling include: Phase 2 drilling, Yoquivo Project, Chihuahua 2.4 meters @ 0.51 grams per tonne Au and 706.0 g/t Ag 1.5m @ 4.02 g/t Au and 1,473.2 g/t Ag 2.4m @ 1.03 g/t Au and 266.6 g/t Ag The drill program [...]
Golden Minerals Company is pleased to announce assay results from the first drill program ever conducted at its Sarita Este gold-silver-copper prospect in Salta Province, Argentina. The Company drilled 10 diamond drill holes totaling 2,518 meters exploring several targets of untested epithermal gold-silver and copper porphyry targets. Highlights from the drilling include: This press release features multimedia. View the [...]
Golden Minerals Company has today reported production data from its Rodeo gold-silver mine for the fourth quarter and full year 2021. Rodeo's operation came online in mid-January 2021 and reached a steady state of throughput in April 2021. Summary production figures are as follows: Payable gold production: 4,831 oz Au in Q4 and 14,449 oz Au in FY 2021 Au, beating annual production guidance of 12,000 - 14,000 oz Au Payable [...]
Golden Minerals Company announced today that Deborah Friedman has been appointed to serve on the Company's board of directors, effective December 9, 2021. She will serve as a member of the Audit Committee and the Corporate Governance and Nominating Committee of the board of directors. Following Ms. Friedman's appointment, the board is comprised of eight directors, seven of whom are independent as defined by the NYSE [...]
