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Stock impact report

Golden Minerals Reports Promising Bio-Oxidation Test Results

Golden Minerals Company (AUMN) 
NASDAQ:AMEX Investor Relations: goldenminerals.com/ir.php
Company Research Source: GlobeNewswire
GOLDEN, Colo., Jan. 17, 2020 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce it has received promising results from metallurgical test work conducted on pyrite-arsenopyrite flotation concentrates from its Velardeña Properties located in Durango, Mexico. Gold and silver recoveries of 91% and 92%, respectively, were obtained from cyanide leaching of the bio-oxidized concentrate samples.  BIOX* achieved 93% oxidation on the concentrate sample in batch tests, which the Company believes should translate to a 5 to 6-day retention time in a commercial bio-oxidation plant. Warren Rehn, President & Chief Executive Officer of Golden Minerals, commented, "These results confirm the previous indications we had that bio-oxidation processing of the pyrite-arsenopyrite concentrates from Velardeña and subsequent cyanide leaching of the oxidized product may be the key to obtaining high payable gold recov Show less Read more
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