Golden Minerals Files Updated PEAs for Velardeña and Rodeo Projects

Rhea-AI Summary

Golden Minerals Company (AUMN) has filed updated Preliminary Economic Assessments for its Velardeña Properties and Rodeo Project. These reports are accessible on SEDAR and the company's website. The assessments were prepared by qualified professionals from Tetra Tech, including Dr. Guillermo Ramírez-Rodríguez and Mr. Randolph Schneider. The content has been reviewed by CEO Warren Rehn. Golden Minerals focuses on gold and silver production from the Rodeo Mine and advancing its properties in Mexico and Argentina.

Positive

• Updated Preliminary Economic Assessments filed for Velardeña Properties and Rodeo Project.
• Reports prepared by qualified professionals enhance credibility.

Negative

• None.

GOLDEN, Colo.--(BUSINESS WIRE)-- Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American: AUMN and TSX: AUMN) announced today that it has filed updated Preliminary Economic Assessments for its Velardeña Properties and Rodeo Project. The technical reports are available for review on SEDAR (www.sedar.com) and on the Company’s website at https://www.goldenminerals.com/projects/technical-reports/.

Qualified Persons

The reports were prepared by the following Qualified Persons as defined by NI 43-101:

• Dr. Guillermo Dante Ramírez-Rodríguez, PhD, MMSAQP- Tetra Tech
• Mr. Randolph P. Schneider, MMSAQP – Tetra Tech
• Ms. Kira Lyn Johnson, MMSAQP – Tetra Tech

The contents of this press release have been reviewed and approved by Mr. Warren Rehn, QP MMSA, President and Chief Executive Officer of Golden Minerals Company.

About Golden Minerals

Golden Minerals is a growing gold and silver producer based in Golden, Colorado. The Company is primarily focused on producing gold and silver from its Rodeo Mine and advancing its Velardeña Properties in Mexico and, through partner funded exploration, its El Quevar silver property in Argentina, as well as acquiring and advancing selected mining properties in Mexico, Nevada and Argentina.

Follow us at www.linkedin.com/company/golden-minerals-company/ and https://twitter.com/Golden_Minerals.

For additional information please visit http://www.goldenminerals.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220506005396/en/

Golden Minerals Company

Karen Winkler, Director of Investor Relations

(303) 839-5060

Source: Golden Minerals Company

FAQ

What did Golden Minerals Company announce on the recent press release?

Golden Minerals announced the filing of updated Preliminary Economic Assessments for its Velardeña Properties and Rodeo Project.

Where can I find the updated Preliminary Economic Assessments for AUMN?

The reports are available on SEDAR and the company's website.

Who prepared the Preliminary Economic Assessments for AUMN?

The assessments were prepared by qualified professionals from Tetra Tech.

Who reviewed the contents of the press release by Golden Minerals?

Warren Rehn, the President and CEO, reviewed and approved the press release.

What is the focus of Golden Minerals Company?

Golden Minerals focuses on producing gold and silver from its Rodeo Mine and advancing its properties in Mexico and Argentina.