10:50 AM EST - Golden Minerals Company : Announced positive results from the updated Mineral Resource Estimate and Preliminary Economic Assessment for its Velardeña Properties, a 100%-owned silver and gold project located in Durango State, Mexico. Tetra Tech, an independent engineering company, has prepared the PEA for the Company in accordance with Canadian National Instrument 43-101 “Standards of Disclosure of Mineral Projects”. The PEA assumes prices of $1,324/oz gold, $16.23/oz silver, $0.90/lb lead and $1.25/lb zinc. Preliminary results of the economic analysis are shown in pre-tax U.S. Dollars as highlighted below. Golden Minerals Company
shares T.AUMN are trading up $0.02 at $0.32.
