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Golden Minerals Ord Shs T.AUMN

Alternate Symbol(s):  AUMN

Golden Minerals Company is a precious metals mining exploration company. The Company is primarily focused on advancing its Yoquivo property in Mexico and, through partner-funded exploration, advancing its El Quevar silver property in Argentina. It is also focused on acquiring and advancing selected mining properties in Mexico, Nevada and Argentina. The Yoquivo Project is located 210 km west-southwest of the city of Chihuahua, in Ocampo Municipality, Chihuahua State. The Yoquivo Project consists of approximately seven mining concessions with an area totaling about 1,975 hectares (Ha). The El Quevar silver exploration project is located in the San Antonio de los Cobres municipality, Salta Province, in the altiplano region of northwestern Argentina. The El Quevar project is comprised of approximately 31 mining concessions that it holds directly or indirectly through its wholly owned subsidiaries. In total, the El Quevar project encompasses approximately 57,000 Ha.


TSX:AUMN - Post by User

Post by CountOfMeltedCriscoon Jan 20, 2022 2:49pm
129 Views
Post# 34338727

And Argentina just delivered !

And Argentina just delivered ! Some nice initial results from the Sarita Este property 
Sarita Este PR

Golden Minerals Drills High-Grade Gold Mineralization in Initial Drilling at the Sarita Este Project

T.AUMN 

Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) 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 (“DD”) holes totaling 2,518 meters (“m”) exploring several targets of untested epithermal gold-silver and copper porphyry targets. Highlights from the drilling include:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220119005176/en/

Figure 1: Sarita Este project location map (Graphic: Business Wire)

Figure 1: Sarita Este project location map (Graphic: Business Wire)

Epithermal gold target:

  • 9.9m @ 1.91 grams per tonne (“g/t”) Au and 5.0 g/t Ag including 3.7m @ 2.52 g/t Au and 5.3 g/t Ag
  • 8.0m @ 1.74 g/t Au and 1.0 g/t Ag including 1.0m @ 12.0 g/t Au and 1.9 g/t Ag
  • 3.7m @ 1.64 g/t Au and 0.3 g/t Ag including 1.0m @ 5.17 g/t Au and 0.3 g/t Ag

Porphyry copper target:

  • 240m @ 0.13% Cu
  • 130.5m @ 0.13% Cu including 6m @ 1.17% Cu

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