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Friday, February 05, 2021 3:48:23 AM
Golden Minerals Discovers New Vein and Intersects Excellent Gold and Silver Grades at its Yoquivo Project in Chihuahua, Mexico
7:45 am ET January 27, 2021 (Globe Newswire) Print
Golden Minerals Company (NYSE American and TSX: AUMN) ("Golden Minerals", "Golden" or "the Company") is pleased to announce it has received assay results from its recent 3,400-meter, 15-hole drill campaign at the Company's Yoquivo gold-silver district-scale property in Chihuahua, Mexico.
Highlights include the following:
Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, "These excellent drill results from Yoquivo highlight its potential to host economic gold-silver mineralization. This recent drilling has identified multiple veins with potentially economic gold-silver grades, including a newly discovered vein without previous historic mining within our district-scale property holdings. We plan to follow with a second phase drill program which could start in the next few months."
Yoquivo covers a large, low-sulfidation epithermal vein system with limited historic production. The Company has identified four separate vein systems in which surface sampling has returned grades up to 4,050 g/t silver and 27.7 g/t gold from the surface. See Golden Minerals' press release dated Oct. 31, 2018, for details: AUMN Identifies High-Grade Gold and Silver Veins atYoquivo.
Golden Minerals completed the phase one drill program in December 2020
MY POST IS JUST MY OPINION!!!!
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