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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