Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: Re: NEWS - More Results
10
Aug 25, 2010 07:21AM

The suggestion in that news release that Chicago could be a mirror image of Santa Juana should be taken lightly. This is a big statement from management and the first time I have heard or read this publicly that I can recall. This very much supports the exploration models and hypothesis of Joaquin, VP Exploration, and Michel from 2-3 years ago when exploration spending was active. This could add hundreds of millions of ounces to our resource when further delineated.

I also note that this ramping and drifting serves two purposes, it provides excellent exploration and resource data and opens Chicago for more development of production stopes.

The evidence gets stronger all the time about how understated the ECU resource is based on drilling only as actually drifting and face sampling continually demonstrates much higher gold and silver values over larger widths. This is a key theme that Michel has espoused for a number of years and the proof is constantly building.


Aug 25, 2010 04:07PM

Aug 25, 2010 04:17PM
Share
New Message
Please login to post a reply