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Golden Minerals Company Reports Q1 2023 Gold Production

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Golden Minerals Company Reports Q1 2023 Gold Production

 

 

 

 

 

Golden Minerals Company (TSX: AUMN)  (NYSE American: AUMN) and 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.

 

Posted April 18, 2023

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