Located at approximately 300km northwest of Salta Province capital city -3.5 hour drive-, El Quevar project is one of the less remote projects on the Argentine Andes. A road, power lines, railroad and a mining-dedicated gas pipeline are at reach (4 km) from the camp and project areas. Pocitos town is located to the west, at 4km on the nearby salt plain, and 20 km to the north there are 2 solar farms, including one of the biggest solar farms in South America.
Argentina is Open for Business
3rd largest economy in Latin America.
Over 20 copper projects in exploration.
10 operational gold mines; 5th largest producer in Latin America.
2nd largest global lithium reserves, 4th largest producer.
High-grade, low-tonnage, pure silver play
Unlocked expansion potential due to previous lack of funding and poor market timing.
Mineral Resource Estimate (2018)(1)
Category
Tonnage (Mt)
Silver Grade (g/t)
Metal Cont. (Moz Ag)
Indicated
2.93
482
45.3
Inferred
0.31
417
4.1
(1) Source: Refer to NI43-101 technical report with effective date of February 26, 2018, titled “El Quevar Project, Salta Province, Argentina, NI 43-101 Technical Report on Updated Mineral Resource Estimate”, posted on www.SEDAR.com under Golden Minerals Company.
Past Drilling Success
Highlighting Exceptional, High-Grade Results
QVD-316
2m @ 2,960 g/t Ag
QVD-378
8m @ 779 g/t Ag
QVD-251
6m @ 629 g/t Ag
QVD-194
13m @ 1,143 g/t Ag
Infrastructure for Success
Internal
Ready-to-use camp for 100 workers.
Over 60kms of internal roads (high construction cost).
Over 400 drillholes (100,000 meters drilled).
1,250-meter underground decline ramp.
2 onsite generators.
Core logging facilities.
Multiple buildings, warehouses, fuel tanks.
Explosives warehouse permitted.
External
National public road access.
International gas pipeline at 4 km.
High voltage power line at 20 km.
Two photovoltaic parks located at 20 km., including the largest one in South America.