GOLDEN MINERALS PROVIDES BUSINESS UPDATE

http://www.goldenminerals.com/pdfs/GLDN_InvestorKit/Press-Release-Aug-9-2017-Golden%20Minerals%20Business%20Update.pdf

GOLDEN, CO, August 9, 2017 (GLOBE NEWSWIRE)  ‐‐  Golden Minerals Company (“Golden Minerals”, “Golden” or “the Company”) (NYSE American and TSX: AUMN) is pleased to share a business update, including:
 New property acquired expanding the footprint of the Santa Maria project holdings
 2,000 meters drilling planned to test the strike extension of the Santa Maria vein system
 Manager of Operations hired for Mexico
 Results from Celaya project show, in three of seven holes recently drilled, intercepts of quartz vein material carry gold and silver grades that are within the range of economic interest
 New option agreement recently announced with Hecla to extend the lease of the oxide processing plant at the Company’s Velardena Properties

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