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Golden Minerals Ord Shs T.AUMN

Alternate Symbol(s):  AUMN

Golden Minerals Company is a precious metals mining exploration company based in Golden, Colorado. The Company holds silver-gold projects located in Mexico, Nevada and Argentina. The Company’s projects include Sarita Este, Sand Canyon, and Rodeo Property. Sarita Este is a gold-silver-copper exploration project located in northwest Salta Province, Argentina, near First Quantum’s Taca Taca project. Sarita Este sits at elevations between 3,550-3,750 meters above sea level. It holds an option to acquire 51% of the Sarita Este concession from Cascadero Minerals Corporation. Sand Canyon is an exploration-stage, gold-silver project located in proximity to the historic Sleeper Mine in northwestern Nevada. It consists of about 526 claims totaling approximately 16 square miles. Rodeo is located two kilometers (km) east of the town of Rodeo in Durango State, Mexico. It owns the Rodeo and Rodeo 2 claims covering 1,866 hectares of land.


TSX:AUMN - Post by User

Post by CountOfMeltedCriscoon Jan 20, 2022 2:49pm
173 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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