Re: ECU Silver Achieving Excellent Progress on Mineral Resource Recoveries

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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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lawnbowler

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Re: ECU Silver Achieving Excellent Progress on Mineral Resource Recoveries

in response to

ECU Silver Achieving Excellent Progress on Mineral Resource Recoveries

Jab999

posted on Aug 18, 2009 12:51PM

From the news release:

Up until now, the Company has been stockpiling this concentrate and today the pyrite concentrate inventory stands at 13,825 tonnes grading 20.6 g/t gold and 151 g/t silver. This equates to a total content of 9,150 ounces of gold and 67,000 ounces of silver.

At today's metal prices ($900 and $14), this is worth approximately $9.2 million. Excellent.

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