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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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The average gold grade was about 0.5 g/t and the average silver grade was about 5 oz/tonne. The gold is thus worth about $25/t and the silver is worth about $170/tonne. Total value about $195/tonne. Though the grade is so so, the fact that the vien is on surface and is 2 meters wide by 500 meters long makes it interesting. For every 2m wide x 500m long x 100m deep, the vein would have about 300,000 tones of ore and about 1.5 million ounces of silver and about $60 million worth of PM's. I think the reason were are looking at this property is that we have what is probably a $15 million dollar oxide mill and only about another 3 years of oxide material at our main mine. I would imagine the upper 50 or 100 meters of this property we are exploring contains oxides and it becomes sulphides below that depth.

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