Golden Minerals Company
 
 
 
  
  
 
PROJECTS – Resources
 

Total Company Resources and Grades

VELARDEÑA (Excluding San Diego JV Property)   Grade
  Tonnes
M
Silver
M oz
Gold
M oz
Silver Eq.
M oz
  Silver
g/t
Gold
g/t
Measured 0.42 4.32 0.065 8.90   321 4.9
Indicated 0.95 9.50 0.126 18.35   311 4.1
Measured & Indicated 1.37 13.83 0.192 27.25   314 4.4
Inferred 1.59 16.43 0.239 33.17   320 4.7
               
EL QUEVAR      
  Tonnes
M
Silver
M oz
Gold
M oz
Silver Eq.
M oz
  Silver
g/t
Gold
g/t
Indicated 7.05 32.04 0.0 32.04   141 n/a
Inferred 6.16 30.17 0.0 30.17   152 n/a
               
TOTAL COMPANY (Excluding San Diego JV Property)      
  Tonnes
M
Silver
M oz
Gold
M oz
Silver Eq.
M oz
     
Measured & Indicated 8.42 45.87 0.192 59.29      
Inferred 7.75 46.60 0.239 63.34      

- Velardeņa resources per Tetra Tech NI 43-101 compliant resource estimate dated Feb. 20, 2015;
  assumes current metals prices as of December 2014 of $17/oz Ag and $1,250/oz Au
  and a cutoff grade that generates a minimum $100 per tonne net smelter return
- El Quevar resources per Pincock Allen & Holt NI 43-101 compliant resource estimate dated June 8, 2012
- Silver equivalent ounces include only silver and gold resources, calculated at 70:1

 

 
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