Golden Minerals Announces first Gold Mining in Rodeo Gold Project

Golden Mining is mining from the Rodeo gold project in the state of Durango, Mexico. The gold pouring took place on January 30, 2021 as scheduled. The first pouring produced about 150 gold equivalent ounces. Golden Mining plans to mine more gold mines in early February.

The company began processing at a rate of about 200 tons of (tpd) per day. Golden is currently installing "recycled" ball mills at the oxide plant in Velarde ñ a to process materials from the Rodeo gold mine. The mill is specially designed to increase the production capacity of the processing plant by increasing the grinding capacity of silicified materials from Rodeo.

Once this high-performance ball mill is put online (expected to be operational in March 2021), it is expected that the production of Rodeo mine materials will increase to about 450 tpd.