Peru

Palla Palla
The Palla Palla project is composed of a very large mineralized system and our initial drilling has intersected +400 g/t silver in narrow veins. Golden Minerals has elected to enter into a joint venture agreement with Electrum Resources. Under the agreement, Electrum Resources can earn 80% interest on the project by spending $4.0 million in three years. Electrum Resources is committed to a 3,200 meter drilling program costing $800,000 in the first year.