Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Re: News Golden Minerals Announces High Grade Resource Estimate for Velardena

So if I understand this well, they are only measuring the core of the veins and like that they reach much higher average grades similar to what they are mining right now: 3.4 g/t gold and 190 g/t silver.

Also the potential of up to 27.9 tonnes of silver and gold is of the same high grade composition of 3.4 g/t gold and 210 g/t silver. This is 10 times today's M+I.

At least it clarifies what they can mine economically at today's prices and like that may take away rumours that the reserves could not be economically exploited.

Share
New Message
Please login to post a reply