Golden Minerals Produces 3,452 Ounces Gold and 12,323 Ounces Silver in Q2 2021

GOLDEN, Colo., July 13, 2021 (GLOBE NEWSWIRE) — Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) is pleased to report payable production for the second quarter 2021 of 3,634 gold equivalent ounces (“AuEq””) consisting of 3,452 gold ounces and 12,323 silver ounces from the first full quarter of production at its Rodeo gold-silver mine located in Durango State, Mexico. Compared to the first quarter 2021, payable AuEq production increased by 2,075 ounces or 133%. Gold equivalents are calculated at the realized metals prices shown below. Average Au grade processed during the second quarter increased to 3.6 g/t Au from 3.0 g/t in the first quarter 2021.

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