Golden Minerals is pleased to share a business update, including: 1,500 meter initial drill program at its Mogotes property is scheduled to start the week of September 18, 2017 Dewatering of El Quevar underground workings is planned to accommodate a potential drill program A re-modeling of El Quevar’s silver deposit resource is underway to identify a potentially economic resource in the core ...
GOLDEN, Colo., Sept. 07, 2017 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American:AUMN) (TSX:AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce the start of a new drill program at its Santa Maria silver and gold project located near Santa Barbara in Chihuahua State, Mexico. Geologic map showing the explored area and the east...
GOLDEN, Colo., Aug. 09, 2017 (GLOBE NEWSWIRE) -- Golden Minerals Company (“Golden Minerals”, “Golden” or “the Company”) (NYSE American:AUMN) (TSX:AUMN) is pleased to share a business update, including: New property acquired expanding the footprint of the Santa Maria project holdings 2,000 meters drilling planned to test the strike extension of the Santa Maria vein system Manager of [...]
GOLDEN, Colo., Aug. 08, 2017 (GLOBE NEWSWIRE) -- Golden Minerals Company (“Golden Minerals”, “Golden” or “the Company”) (NYSE American:AUMN) (TSX:AUMN) today announced financial results for the second quarter ended June 30, 2017 and provided a 12-month financial outlook. Highlights Cash and cash equivalents balance of (US) $2.7 million as of June 30, 2017, compared to $2.1 million as [...]
GOLDEN, Colo., Aug. 03, 2017 (GLOBE NEWSWIRE) -- Golden Minerals Company (“Golden Minerals”, “Golden” or “the Company”) (NYSE American:AUMN) (TSX:AUMN) is pleased to announce it has granted Hecla Mining Company (“Hecla”) an option to secure the use of the Company’s oxide plant for an additional two years, for (US) $2.0 million. Under the terms of the new agreement [...]
GOLDEN, Colo., May 9, 2017 /CNW/ -- Golden Minerals Company ("Golden Minerals", "Golden" or "the Company") (NYSE MKT and TSX: AUMN) today provided a business update and financial results for the first quarter ended March 31, 2017. First Quarter Business Update The lease of the Company's Velardena oxide mill to Hecla Mining Company ("Hecla"), which began in July 2015, was further lengthened in March 2017 when Hecla [...]
GOLDEN, Colo., March 31, 2017 /CNW/ -- Golden Minerals Company (NYSE MKT and TSX: AUMN) ("Golden Minerals", "Golden" or "the Company") announces that Minera Hecla S.A. de C.V. ("Hecla") has exercised its right to extend the lease of Golden's oxide mill in Durango State, Mexico for an additional 18 months, through December 31, 2018. Additionally, Golden announces its filing of the National Instrument 43-101 ("NI 43-101 [...]
GOLDEN, Colo., Feb. 28, 2017 /CNW/ -- Golden Minerals Company ("Golden Minerals", "Golden" or the "Company") (NYSE MKT and TSX: AUMN) has today announced financial results for the full year ending December 31, 2016. 2016 Highlights Generated a positive net operating margin (defined as lease revenue less lease costs) of $4.4 million in 2016 from the Velardena oxide plant lease compared to a negative net operating margin [...]
GOLDEN, Colo., Feb. 15, 2017 /CNW/ -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals", "Golden" or "the Company") is pleased to announce positive results of a Preliminary Economic Assessment ("PEA") for its Santa Maria silver and gold project located near Santa Barbara in Chihuahua State, Mexico. The PEA presents a base case assessment of developing Santa Maria's mineral resource and incorporates the [...]
GOLDEN, Colo., Jan. 26, 2017 /CNW/ -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals", "Golden" or "the Company") is pleased to announce the results of a Canadian National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate for the gold deposit at its Rodeo property. Rodeo is a 1,900-hectare gold project located in Durango State, Mexico approximately 80 kilometers west of the [...]
GOLDEN, Colo., Dec. 20, 2016 /CNW/ -- Golden Minerals Company ("Golden Minerals", the "Company" or "we") (NYSE MKT: AUMN and TSX: AUM) has entered into an At-the-Market Offering Agreement dated December 20, 2016 (the "ATM Agreement") with H.C. Wainwright & Co., LLC ("Wainwright") as sales manager. Under the terms of the ATM Agreement, the Company will be entitled to sell, at its discretion and from time to time, shares [...]
GOLDEN, Colo., Dec. 16, 2016 /CNW/ -- Golden Minerals Company ("Golden Minerals" or the "Company") (NYSE MKT: AUMN and TSX: AUM) is pleased to provide an update on its recent exploration property activities and the Velardena oxide plant lease. Highlights Performing additional metallurgical testing at Santa Maria, prior to completing an updated resource estimate and issuing a Preliminary Economic Assessment ("PEA") in the [...]