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Golden Minerals Co.
Summary
| Project: | Santa Maria | |
|---|---|---|
| Deposit: | Santa Maria | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 10/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-10-2017: Golden Minerals Co. announces an Exploration/Drilling Update report for its Santa Maria deposit at the Santa Maria project. Drilling results incl. 5.00m @ 431g/t Ag, 0.29g/t Au, 0.49% Pb, 0.99% Zn from 216.2m. GOLDEN, CO, October 25, 2017 (GLO | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Warren M. Rehn (Internal) | |
| ABSTRACT: | GOLDEN, CO, October 25, 2017 (GLOBE NEWSWIRE) ‐‐ Golden Minerals Company (“Golden Minerals”, “Golden” or “the Company”) (NYSE American and TSX: AUMN) has released results of high‐grade silver intercepts from the first six holes of a drilling program conducted at its Santa Maria property located in Santa Barbara, Chihuahua State, Mexico. Warren Rehn, President and CEO of Golden Minerals, comments, “The results from Santa Maria show the continuation of the mineralized veins and provide initial support for our goal of doubling the size of the existing resource. Santa Maria appears to be an excellent opportunity for Golden to establish near‐term new silver production in the Parral area at a very low capital cost. We are executing our exploration programs efficiently while retaining a healthy cash balance and without the need for additional financing.” | |
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