Golden Minerals Company Reports Q1 2023 Gold Production
April 18 2023 - 6:45AM
Business Wire
Golden Minerals Company (“Golden Minerals”, “Golden” or the
“Company”) (NYSE American: AUMN and TSX: AUMN) has reported
production figures from its Rodeo gold-silver mine (Durango State,
Mexico) for the three months ending March 31, 2023.
Rodeo Operations Statistics Q1 2023
Tonnes mined (1)
154,371
Tonnes in stockpiles awaiting processing (2)
18,467
Tonnes in low grade stockpiles (3)
133,349
Tonnes processed
54,272
Average tonnes per day processed
603
Average gold grade processed (grams per tonne)
1.6
Average silver grade processed (grams per tonne)
9.0
Plant recovery - gold (%)
72.6
Plant recovery - silver (%)
75.5
Payable gold produced in dore (ounces)
2,081
Payable silver produced in dore (ounces)
11,535
Payable gold equivalent produced in dore (ounces) (4)
2,219
Gold sold in dore (ounces)
2,112
Silver sold in dore (ounces)
11,369
Gold equivalent sold in dore (ounces) (4)
2,248
Average realized price, before refining and selling costs
Gold (dollar per ounce)
$
1,891.24
Silver (dollar per ounce)
$
22.60
Notes:
(1) Includes all mined material transported to the plant,
stockpiled or designated as waste (2) Includes mined material
stockpiled at the mine or transported to the plant awaiting
processing in the plant (3) Material grading between 1.6 g/t
(current cutoff grade) and 1 g/t Au held for possible future
processing (4) Gold equivalents based on realized $ Au and $ Ag
price
About Golden Minerals
Golden Minerals is a gold and silver producer based in Golden,
Colorado. The Company is primarily focused on producing gold and
silver from its Rodeo Mine, advancing its Velardeña and Yoquivo
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230418005278/en/
For additional information please visit
http://www.goldenminerals.com/ or contact:
Golden Minerals Company Karen Winkler, Director of Investor
Relations (303) 839-5060
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