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TSXV: AGAG

El Quevar Project

View Our NI 43-101

Salta: Latin-America's Premier Mining Region

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, train rail and a mining-dedicated gas pipeline are at reach (4 km) from the camp and project areas. The 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 mismanagement.

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.
  • Multiple mining friendly communities.