+++ BIG NEWS +++ BIG NEWS +++ 7:02AM Golden Minerals reports
significant operational
improvements at Velardena (AUMN) 7.33 : Co reports report significant operating improvements at the Velardena Operations, located in the State of Durango, Mexico, since the
merger with ECU Silver on September 2, 2011. The Company also announced plans to rationalize its extensive exploration portfolio. Payable metals production for September through year-end 2011
exceeded guidance previously provided in September by approximately
30% for gold and 114% for silver, primarily due to the
increase in head grades resulting from
reduced dilution. The Company also expects to complete a Preliminary Economic Assessment by the end of the third quarter 2012.
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