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Golden Minerals Co.
Summary
| Project: | Santa Maria | |
|---|---|---|
| Deposit: | Santa Maria | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 8/11/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-8-2016: Golden Minerals Co. announces an Exploration/Drilling Update report for its Santa Maria deposit at the Santa Maria project. Drilling results incl. 1.7m @ 5.79g/t Au, 991g/t Ag from 24.3m. GOLDEN, CO ‐ /PRNEWSWIRE/ ‐ August 11, 2016 – Golden Min | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Warren M. Rehn (Internal) | |
| ABSTRACT: | GOLDEN, CO ‐ /PRNEWSWIRE/ ‐ August 11, 2016 – Golden Minerals Company (“Golden Minerals” or the “Company”) (NYSE MKT: AUMN and TSX: AUM) today provided an update on its recent exploration property activities. At the Santa Maria mine west of Hildalgo de Parral, Chihuahua, which the Company has the right to acquire under an option agreement, Golden Minerals has recently completed an underground drilling program of 2,200 meters in 24 drill holes. Assay results are complete and the Company is evaluating the results to update the resource estimate and complete a Preliminary Economic Assessment during the second half of 2016. Management believes that drill results support the results of its previous resource estimation at Santa Maria and should allow greater confidence in the location of the higher grade ore shoots. Complete results will be reported on the Golden Minerals website www.goldenminerals.com with a location map. | |
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