Golden Minerals Company

Golden Minerals Company is pleased to announce it has sold, through its wholly owned Mexican subsidiary, its remaining interest in the Company’s Celaya exploration property to a Mexican subsidiary of The Electrum Group LLC . Golden Minerals will receive a payment of US$3.0 million in exchange for selling 100% of its remaining mining concessions and related interests in the Celaya silver and gold project located in [...]

Golden Minerals Company today announced financial results for the second quarter ended June 30, 2018 and provided a business summary and update. Second Quarter Business Summary Reported final drill results from the Santa Maria 2017-2018 drill program and announced plans to prepare an updated Technical Report and Preliminary Economic Assessment Filed a new Technical Report containing a high-grade silver resource and [...]

GOLDEN, Colorado, July 12, 2018 -- Golden Minerals Company is pleased to announce that surface mapping and sampling have identified the eastern extension to the Santa Maria vein system and discovered additional high-grade veins on the adjacent Cervantes property that was acquired by Golden Minerals in August 2017. Santa Maria property and mapped veins Santa Maria surface sample assays for silver Santa Maria surface sample [...]

GOLDEN, Colo., May 09, 2018 -- Golden Minerals Company announced today that it entered into a registered direct purchase agreement with Lincoln Park Capital Fund, LLC pursuant to which LPC has agreed to purchase $1.3 million of the Company’s common stock at $0.41 per share, the closing price of our common stock on the NYSE American on May 8, 2018. In addition, the Company entered into a separate common stock [...]

GOLDEN, Colo., May 02, 2018 -- Golden Minerals Company today provided a business summary and financial results for the first quarter ended March 31, 2018. First Quarter Business Summary Announced and filed on SEDAR a new Technical Report with an updated resource estimate for the El Quevar silver project , highlighting 2.6 million tonnes of indicated sulfide material at an average silver grade of 487 grams per tonne 1 and [...]

GOLDEN, Colo., April 30, 2018 -- Golden Minerals Company has released final results from the 22-hole 4800-meter drilling program conducted at its Santa Maria property located in Santa Barbara, Chihuahua State, Mexico since August 2017. Golden Minerals began an expansion drilling program in August 2017 at its Santa Maria gold and silver property located west of Parral in Chihuahua State, Mexico. The Company recently [...]

GOLDEN, Colo., April 16, 2018 -- Golden Minerals Company is pleased to announce the filing on SEDAR of a Technical Report for its El Quevar silver project entitled “NI 43-101 Technical Report on Updated Mineral Resource Estimate” in Salta Province, Argentina. The Report dated February 26, 2018 was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects by the [...]

GOLDEN, Colo., March 01, 2018 -- Golden Minerals Company has today announced financial results for the full year ending December 31, 2017. 2017 Financial Highlights Cash and equivalents $3.3 million as of December 31, 2017, $0.7 million higher than the $2.6 million on hand as of December 31, 2016 Received $1.0M in February 2018 for an amendment of the Celaya farm-out agreement Zero debt, unchanged from year end 2016 Loss [...]

GOLDEN, Colo., Feb. 28, 2018 -- Golden Minerals Company is pleased to announce positive findings from a new resource estimate for the Yaxtché deposit at its El Quevar silver project in the Salta Province of Argentina. In the third quarter 2017, the Company began a re-modeling project designed to identify a smaller but higher-grade mineral resource within the Yaxtché deposit, an area representing a [...]

Golden Minerals Company today provided a business summary and financial results for the third quarter ended September 30, 2017. Third Quarter Financial Results Cash and cash equivalents balance of $5.0 million as of September 30, 2017 compared to $2.6 million as of December 31, 2016 Revenue of $1.8 million and positive net operating margin of $1.2 million related to the lease of the Company's oxide plant in the third [...]