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

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Message: Re: More numbers on ECU/Hecla mill cash cow

After Argoz posted his numbers I got looking around this evening for some historical information I had come across in the past about the Hecla mill being purchased and I am posting the quote below from a report written by David Morgan back in 1999. The mill referred to below is the Hecla mill that was originally built by Williams and I want everyone to understand how easy it would be to increase the production rate if and when the company is ready.



"The processing plant at VelardeƱa is a conventional, modern, cyanide mill, originally constructed in 1992 for a mine in Canada and designed to treat oxide ore. William bought it in 1996 and re-erected it at VelardeƱa. The facilities appear in good mechanical condition and comprise a crushing and screening plant, ball mill, leaching tanks, a counter current decantation circuit and a Merrill-Crowe precipitation plant. The mill can currently treat over 600 tpd, and could be readily expanded to 1200 tpd, mainly by adding further grinding capacity."

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