Golden Minerals Company
 
   
 
  
Advanced Exploration Stage Project
  

El Quevar

Quick Facts:

  • 57,000-hectare, Advanced Exploration-stage silver project in Salta Province, Argentina
  • 100-percent controlled
  • District potential in scope
  • High grade resource reported Feb. 2018: Indicated 482 gpt Ag; Inferred 417 gpt Ag
  • Substantial opportunity exists to expand the size of the current (~3.2 million tonnes; ~50 million oz silver) resource
  • Over 100,000 meters drilled to date
  • Completed positive Preliminary Economic Assessment in September 2018 that indicates potential for a profitable mining operation with ~5 million oz. annual silver production
    • Six year mine life
    • Life of mine free cash flow $80 million with silver production of 29 million oz.
  • Located in favorable province with legal stability
El Quevar February 2018 
NI 43-101 
Technical Report
El Quevar September 2018
NI 43-101 Preliminary
Economic Assessment
 

Exploration Activities (2004-2018):

 
  • 5,000 surface samples taken
  • Camp built; accommodates 140 people
  • 43-101 resource estimate completed in June 2012
  • By end-2012, completed more than 400 diamond drill holes/100,000 meters
  • Evaluated mining methods
  • Late-2012 drill program reinforced thesis that El Quevar exhibits characteristics of an emerging silver district
  • 2013 - Property placed on care and maintenance until partner is secured with whom to advance the project
  • 2017-18: Updated 43-101 completed in February 2018 for Yaxcthé deposit
  • Initial PEA completed Sept. 2018

 

 
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