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Golden Minerals Co.

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Summary

Project:

El Quevar

Deposit:El Quevar
Location:Argentina
Commodities:Silver-Gold
Date:9/12/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:12-9-2019: Golden Minerals Co. announces an Exploration/Drilling Update report for its El Quevar deposit at the El Quevar project. Drilling results incl. 14.00m @ 206g/t Ag, 0.01g/t Au from 20.00m. GOLDEN, Colo., Sept. 12, 2019 -- Golden Minerals Company
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Warren M. Rehn (Not stated)
ABSTRACT:GOLDEN, Colo., Sept. 12, 2019 -- Golden Minerals Company (“Golden Minerals”, “Golden” or “the Company”) (NYSE American and TSX: AUMN) has released final results from the 2019 drilling program conducted at its El Quevar silver property located in Salta Province, Argentina. 3,004 meters were drilled in 19 holes. A new shallow high-grade zone was partially outlined in the Vince area about two kilometers southwest of the known Yaxtché deposit. Four drill holes cut silver intercepts with grades of 500 to over 600 grams per tonne (g/t) silver (Ag) over widths of 1 to 4 meters (m). These results extend a historical drill intercept by about 200 meters northeast along strike. The zone is open to the north. Other significant results of the program include a 2.1m interval grading 340 g/t Ag, in Yaxtché East. This hole represents an approximate 50m step out from previous drilling and demonstrates the potential to add to the mineral resources in the northeast sector of the Yaxtché deposit. Drilling at the Argentina prospect located approximately one kilometer east of Yaxtché has also returned silver values in one drill hole, with 2m of 358 g/t Ag. These results coincide with previous drilling in the area (8m of 779 g/t Ag) and are considered encouraging for the area to host mineralization of potential economic significance.

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