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(Kitco News) – Golden Minerals (NYSE: AUMN; TSX: AUMN) today reported the first gold pour from its Rodeo gold project in Durango State, Mexico.
The company said that the pour occurred on January 30, 2021, on schedule and roughly three weeks after the first loads of material were trucked from the Rodeo site to the company’s Velardeña oxide plant for processing. The first pour produced approximately 150 gold equivalent ounces. Additional gold pours are planned for early February.
“This first pour represents a tremendous milestone for Golden Minerals. Not only have we brought Rodeo online amidst the many challenges presented by Covid-19, but we have brought it to production both on time and on budget. I’d like to extend my heartfelt thanks to all our employees and business partners who helped us achieve this milestone,” said President and CEO Warren Rehn.
Golden Minerals is a Delaware corporation based in Golden, Colorado. The company is primarily focused on advancing its Rodeo and Velardeña properties in Mexico and, through partner-funded exploration, its El Quevar silver property in Argentina, as well as acquiring and advancing mining properties in Mexico, Argentina, and Nevada.