| Announcement Date: | 2023-02-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Golden Minerals Co. |
| Project name: | Yoquivo |
| Location: | Mexico |
| Commodities: | Gold,Silver |
| Highlight: | Drilling results incl. 3.05m at 3.86g/t Au, 667.8g/t Ag from 44.35m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | The 2022 drill program commenced in May 2022 and was comprised of 34 holes totaling 9,268.35m. The program was designed to follow up on high-grade intercepts from the Company’s 2020 and 2021 drilling campaigns. To date, the Company has drilled 70 drill holes totaling over 16,000 meters at Yoquivo. The primary focus of the 2022 third drilling program was to sufficiently drill the Pertenencia vein system in order to advance the project towards an initial mineral resource estimate compliant with Canadian National Instrument 43-101 (“NI 43-101”) and Item 1300 of Regulation S-K promulgated by the SEC. The Company began work on the mineral resource estimate in November 2022 and currently expects it should be completed in the first quarter 2023. |
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