Golden Minerals Company announced today that it has entered into an agreement to sell certain of its Mexican properties to Compañía Minera Autlán S.A.B. de C.V. for US$22.0 million. Under the terms of the agreement, Autlán will have the option to purchase the Canadian holding company ECU Silver Mining, Inc. which owns three of the Company’s Mexican subsidiaries, which together hold the [...]
Golden Minerals Company is pleased to announce that it has entered into an earn-in agreement with Golden Gryphon Explorations for the Sand Canyon project in northwestern Nevada, where surface work has identified a large unexplored system of epithermal veins. Sand Canyon Location Map The project consists of 527 claims totaling approximately 16 square miles. It is located 50 miles northwest of Winnemucca and 18 miles [...]
Golden Minerals Company today announced financial results and a business summary for the quarter ending March 31, 2019. First Quarter Summary Financial Results Revenue of $1.9 million and a net operating margin of $1.3 million related to the lease of the Company’s oxide plant in the first quarter 2019, compared to a $1.1 million net operating margin realized in the first quarter 2018. Other operating income of $0.1 [...]
Golden Minerals Company has begun a drilling program at its 100%-controlled El Quevar silver project located in Salta Province, Argentina. The Company began drilling in late February, 2019. The program is expected to include approximately 3,000 meters of drilling in roughly 15 holes. Drilling is anticipated to conclude in late May or June 2019, and initial assay results are expected beginning in one to two months&rsquo [...]
Golden Minerals Company , wishes to issue a statement that the Company is not aware of any undisclosed material facts that would cause yesterday's abrupt downward movement in the Company's share price in the closing seconds of US trading. Golden’s net earnings, released yesterday, improved quarter over quarter and year over year and the Company is confident in its pipeline of assets and its ability to generate value [...]
Golden Minerals Company has today announced financial results and a business summary for the full year ending December 31, 2018. 2018 Financial Highlights Revenue for full year 2018 of $7.2 million and operating margin of $4.9 million related to the lease of the Company’s oxide plant at the Velardeña Properties to Hecla Mining Company , compared to $6.7 million and $4.5 million, respectively, in 2017 Loss [...]
Golden Minerals Company is pleased to announce the filing on SEDAR of a Preliminary Economic Assessment and accompanying Technical Report for its Santa Maria silver-gold project located in southern Chihuahua State, Mexico. The report, entitled “NI 43-101 Technical Report, Updated Preliminary Economic Assessment, Santa Maria Silver Project, Santa Bárbara, Chihuahua, Mexico” is dated September 14, 2018 [...]
Golden Minerals Company is pleased to announce it has acquired the Navegantes project in southern Chihuahua state, Mexico, where recent surface and underground sampling have returned high-grade silver values from a series of epithermal silver-base metal veins outcropping on the property. Navegantes Project Location Navegantes Nearby Major Mines and Development Projects Navegantes Sample Locations and Silver Assays [...]
Golden Minerals Company today announced financial results and a business summary for the third quarter ended September 30, 2018. Third quarter Summary Financial Results Net income of $1.6 million or $0.02 per share in the third quarter 2018, compared to a net loss of $0.3 million or $0.00 per share in the third quarter 2017. Revenue of $1.9 million and a net operating margin of $1.2 million related to the lease of the [...]
Golden Minerals Company is pleased to announce high-grade silver-gold assays from its Yoquivo project located in Chihuahua, Mexico. Yoquivo project location Yoquivo project geology and surface sample locations – gold assays Yoquivo project geology and surface sample locations – silver assays Yoquivo Sampling Highlights: 6m assaying 5.9 grams per tonne Au and 937 g/t Ag from the Pertenencia Vein 4m assaying 2.3 [...]
Golden Minerals Company is pleased to announce the filing on SEDAR of a Preliminary Economic Assessment and accompanying Technical Report for its El Quevar silver project located in Salta Province, Argentina. The report, entitled “El Quevar Project, Salta, Argentina, NI 43-101 Technical Report on Preliminary Economic Assessment” is dated September 4, 2018 and was prepared in accordance with National Instrument [...]
Golden Minerals Company today reported results from a second Preliminary Economic Assessment completed for its Santa Maria silver and gold project located in southern Chihuahua State, Mexico. The PEA presents an updated assessment and incorporates data accumulated since March 2017. It includes an additional 77 hectares of mineral tenure acquired in August 2017 that cover the on-strike and downdip extensions of the Santa [...]
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