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.