Golden Minerals Provides Exploration Properties Update

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/975-nysemkt/aumn/23347-golden-minerals-provides-exploration-properties-update.html

GOLDEN, Colo., Aug. 11, 2016 /CNW/ — Golden Minerals Company (“Golden Minerals” or the “Company”) (NYSE MKT: AUMN and TSX: AUM) today provided an update on its recent exploration property activities.

Highlights

  • Santa Maria drill results support the previous resource estimate and are favorable for continuing to evaluate plans for further development
  • Earn-in exploration and development agreement on Golden Minerals’ Celaya property signed with Electrum Global Holdings
  • 2,000-meter drill program begun on Rodeo project
  • San Diego claim interests sold to Golden Tag for $0.38 million plus 2.5 million Golden Tag shares

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