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Golden Minerals Sells Yoquivo Gold-Silver Project to Advance Metals Limited

Oct 25, 2024•over 1 year ago

Contract Type

agreement

GoldenOtherMining

Description

Golden Minerals Company has signed a binding agreement to sell the Yoquivo gold-silver project located in Chihuahua State, Mexico to Advance Metals Limited, an ASX-listed entity. The total consideration for the sale is US$570,000 payable in cash, plus value added tax, subject to certain conditions and regulatory approvals.

Company Information

Company

Golden Minerals Company

Location

Golden, Colorado, United States

About

Golden Minerals Company is primarily focused on advancing its El Quevar silver property in Argentina, its Yoquivo gold-silver property in Mexico, as well as acquiring and advancing selected mining properties in Mexico, Nevada, and Argentina.

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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months