Day: April 30, 2018

Golden’s President and Chief Executive Officer, Warren M. Rehn, notes, “The weighted average of silver grades of the intervals reported here is higher than the previously reported silver grade of the mineral resource at Santa Maria. We expect an improvement in the overall mineral resource and of the economics of the project because of this. We will update the resource and the PEA as expeditiously as possible.”

Taj Singh, P.Eng, President & CEO stated, “First assay results from the sampling program at Puerto Rico validate our thesis that there is a significant amount of mineralization remaining in and around the historic underground workings. The results also indicate impressive continuity of the mineralization over the entire area of workings assayed to date. For the next three months our focus will be to continue to systemically map and sample Puerto Rico. We will have a refined geological model for the Project and a substantial number of high-priority drill targets ahead of our anticipated drilling program in Q3. In addition to the exploration program at Puerto Rico, the detailed mapping and sampling programs at the Minerva and Monclova projects are progressing on schedule with first assay results expected shortly.”

El Seminario Líderes que Transforman la Minería llegó a su fin con la participación de más de 150 integrantes de empresas mineras y contratistas, y tuvo el objetivo de implementar competencias que permitan incrementar el desarrollo personal y profesional a través de herramientas que generen impactos positivos en el personal de empresas mineras, se informó en un comunicado.