Golden Minerals Company Announces Q3 2022 Gold Production

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GOLDEN, CO - /BUSINESS WIRE/ - October 17, 2022 – Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American: AUMN and TSX: AUMN) has reported production data from its Rodeo gold-silver mine (Durango State, Mexico) for the third quarter of 2022. Summary highlights include the following:

  • Payable gold production:  2,972 oz Au
  • Payable silver production:  11,907 oz Ag
  • Payable gold equivalent production:  3,103 AuEq oz
  • Average gold grade:  2.6 g/t Au
  • Throughput (tonnes per day processed):  521 tpd
  • Gold recovery: 74.6%
  • Silver recovery:  77.6%
  • Realized gold/silver prices (before selling and refining costs):  $1,703/oz Au and $18.72/oz Ag

2022 year-to-date production data is shown in the table below.

(1) Includes all mined material transported to the plant, stockpiled or designated as waste
(2) Includes mined material stockpiled at the mine or transported to the plant awaiting processing in the plant
(3) Material grading between 1.6 g/t (current cutoff grade) and 1 g/t Au held for possible future processing
(4) Gold equivalents based on realized $ Au and $ Ag price

About Golden Minerals

Golden Minerals is a growing gold and silver producer based in Golden, Colorado. The Company is primarily focused on producing gold and silver from its Rodeo Mine and advancing its Velardeña Properties in Mexico and, through partner funded exploration, its El Quevar silver property in Argentina, as well as acquiring and advancing selected mining properties in Mexico, Nevada and Argentina.

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For additional information please visit or contact:

Golden Minerals Company
Karen Winkler, Director of Investor Relations
(303) 839-5060
SOURCE: Golden Minerals Company