Golden Minerals Announces Preliminary Economic Assessment For Santa Maria Project

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/975-nysemkt/aumn/29331-golden-minerals-announces-preliminary-economic-assessment-for-santa-maria-project.html

GOLDEN, Colo., Feb. 15, 2017 /CNW/ — Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce positive results of a Preliminary Economic Assessment (“PEA”) for its Santa Maria silver and gold project located near Santa Barbara in Chihuahua State, Mexico.

The PEA presents a base case assessment of developing Santa Maria’s mineral resource and incorporates the results of an updated National Instrument 43-101 (“NI 43-101”) compliant mineral resource estimate dated as of February 15, 2017.

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