Golden Minerals Company
 
   
 
  
PROJECT PIPELINE – Advanced Exploration Stage Project
   

El Quevar

Exploration and Project ActivitiesEl Quevar-Exploration and Project Activities

  • Through 2012 - drilled approximately 400 holes/100,000 meters
  • Conducted over 1,250 meters of underground drilling
  • Defined Yatxché deposit as potential mineralization zone
  • 2012 - completed technical report prepared in compliance with Canadian NI 43-101 that covered Yaxtché
  • Built a 140-person camp on site
  • Constructed production-sized portal and decline
  • Completed over 400 meters of underground development
  • 2017 – began a re-modeling project designed to identify a smaller but higher-grade resource within Yaxtché, using the 2012 data
  • February 2018 – announced new high-grade resource estimate including ~2.6 million tonnes Indicated sulfides at 487 gpt Ag, 0.3 million tonnes Indicated oxides at 434 gpt Ag, and 0.3 million tonnes Inferred sulfides at 417 gpt Ag
  • September 2018 – reported positive Preliminary Economic Assessment based on Yaxtché resource that outlines potential for a profitable six-year mining operation

 

   
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