# Golden Minerals Provides Exploration Properties Update

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa

Original source: https://money.tmx.com/en/quote/AUMN/news/6707829295418700/golden-minerals-provides-exploration-properties-update

Publisher: tmx

Original announcement: 2016-08-11T10:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Golden Minerals Company

- Ticker: AUMN

- Exchange: TSX

- Region: Mexico

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results, Agreement transaction, Economic study, Resource update

- Extracted: 2026-09-17 11:48:52 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

Golden Minerals provided an update on its exploration properties, highlighting positive drill results from the Santa Maria project in Mexico, which support previous resource estimates and will inform a planned resource update and Preliminary Economic Assessment. The company also announced an earn-in agreement with Electrum Global Holdings for its Celaya project, securing funding for exploration. Conversely, drill results from the San Luis del Cordero project were disappointing, leading to the termination of the farm-in agreement, and the company sold its interest in the San Diego property.

Reasoning: The document provides an update on multiple exploration properties. Positive drill results at Santa Maria, coupled with a planned resource update and PEA, suggest potential. The earn-in agreement for Celaya and the sale of San Diego are positive corporate developments. However, negative drill results at San Luis del Cordero led to project termination.

- Positive factor: Drill results at Santa Maria support previous resource estimate and show high-grade silver intercepts, indicating potential for resource update and PEA.

- Positive factor: Earn-in agreement for Celaya project de-risks exploration and brings in funding from Electrum Global Holdings.

- Positive factor: Sale of San Diego interest provides cash, shares, and a royalty, monetizing a non-core asset.

- Negative factor: Drill results at San Luis del Cordero did not expand or advance the resource estimate, leading to termination of the farm-in agreement.

- Negative factor: Drill intercepts at Santa Maria are generally narrow, which may impact mining economics.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 53

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 50. Some facts used in scoring do not have a stored record.

## Drill Results (48)

### SM16-01

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-0)

Santa Maria · gold

#### Identity

- Hole ID: SM16-01
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.52
- Grade Unit: g/t
- Intercept: 1.7 m
- True Width: 1.4 m
- From: 47.9 m
- To: 49.6 m
- Intercept Depth: 47.9 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-01:47.9-49.6
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Narrow gold intercept with low grade, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 0.52

Context: 1.7

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-01

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-1)

Santa Maria · silver

#### Identity

- Hole ID: SM16-01
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 103
- Grade Unit: g/t
- Intercept: 1.7 m
- True Width: 1.4 m
- From: 47.9 m
- To: 49.6 m
- Intercept Depth: 47.9 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-01:47.9-49.6
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Moderate silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Moderate silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 103

Context: 1.7

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-2)

Santa Maria · gold

#### Identity

- Hole ID: SM16-02
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.28
- Grade Unit: g/t
- Intercept: 1.8 m
- True Width: 1.1 m
- From: 46 m
- To: 47.8 m
- Intercept Depth: 46 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-02:46-47.8
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade.

- Negative factor: Narrow intercept length.

Evidence · table

> 0.28

Context: 1.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-3)

Santa Maria · silver

#### Identity

- Hole ID: SM16-02
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 361
- Grade Unit: g/t
- Intercept: 1.8 m
- True Width: 1.1 m
- From: 46 m
- To: 47.8 m
- Intercept Depth: 46 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-02:46-47.8
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Strong silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Strong silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 361

Context: 1.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-4)

Santa Maria · gold

#### Identity

- Hole ID: SM16-02
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.96
- Grade Unit: g/t
- Intercept: 5.4 m
- True Width: 4.2 m
- From: 54.1 m
- To: 59.5 m
- Intercept Depth: 54.1 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-02:54.1-59.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Moderate gold grade over a moderate width, with true width disclosed and QA/QC present.

- Positive factor: True width disclosed.

- Positive factor: Moderate intercept length.

- Negative factor: Low gold grade for underground mining.

Evidence · table

> 0.96

Context: 5.4

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 4.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-5)

Santa Maria · silver

#### Identity

- Hole ID: SM16-02
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 326
- Grade Unit: g/t
- Intercept: 5.4 m
- True Width: 4.2 m
- From: 54.1 m
- To: 59.5 m
- Intercept Depth: 54.1 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-02:54.1-59.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Strong silver grade over a moderate width, with true width disclosed and QA/QC present.

- Positive factor: Strong silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Positive factor: Moderate intercept length.

Evidence · table

> 326

Context: 5.4

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 4.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-03

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-6)

Santa Maria · gold

#### Identity

- Hole ID: SM16-03
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.81
- Grade Unit: g/t
- Intercept: 4.1 m
- True Width: 2.4 m
- From: 55.3 m
- To: 59.5 m
- Intercept Depth: 55.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-03:55.3-59.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Moderate gold grade over a moderate width, with true width disclosed and QA/QC present.

- Positive factor: True width disclosed.

- Positive factor: Moderate intercept length.

- Negative factor: Low gold grade for underground mining.

Evidence · table

> 0.81

Context: 4.1

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-03

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-7)

Santa Maria · silver

#### Identity

- Hole ID: SM16-03
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 456
- Grade Unit: g/t
- Intercept: 4.1 m
- True Width: 2.4 m
- From: 55.3 m
- To: 59.5 m
- Intercept Depth: 55.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-03:55.3-59.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Strong silver grade over a moderate width, with true width disclosed and QA/QC present.

- Positive factor: Strong silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Positive factor: Moderate intercept length.

Evidence · table

> 456

Context: 4.1

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 2.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-04

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-8)

Santa Maria · gold

#### Identity

- Hole ID: SM16-04
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.54
- Grade Unit: g/t
- Intercept: 2.2 m
- True Width: 1 m
- From: 78.3 m
- To: 80.5 m
- Intercept Depth: 78.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-04:78.3-80.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade.

- Negative factor: Narrow intercept length.

Evidence · table

> 0.54

Context: 2.2

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-04

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-9)

Santa Maria · silver

#### Identity

- Hole ID: SM16-04
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 289
- Grade Unit: g/t
- Intercept: 2.2 m
- True Width: 1 m
- From: 78.3 m
- To: 80.5 m
- Intercept Depth: 78.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-04:78.3-80.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Moderate silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Moderate silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 289

Context: 2.2

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-10)

Santa Maria · gold

#### Identity

- Hole ID: SM16-05
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.96
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.7 m
- From: 33.2 m
- To: 34.1 m
- Intercept Depth: 33.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-05:33.2-34.1
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a very narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade for underground mining.

- Negative factor: Very narrow intercept length.

Evidence · table

> 0.96

Context: 0.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.7

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-11)

Santa Maria · silver

#### Identity

- Hole ID: SM16-05
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 488
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.7 m
- From: 33.2 m
- To: 34.1 m
- Intercept Depth: 33.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-05:33.2-34.1
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Strong silver grade in a very narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Strong silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Very narrow intercept length.

Evidence · table

> 488

Context: 0.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.7

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-12)

Santa Maria · gold

#### Identity

- Hole ID: SM16-05
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 1.01
- Grade Unit: g/t
- Intercept: 1.8 m
- True Width: 1.5 m
- From: 48.5 m
- To: 50.3 m
- Intercept Depth: 48.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-05:48.5-50.3
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade for underground mining.

- Negative factor: Narrow intercept length.

Evidence · table

> 1.01

Context: 1.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.5

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-13)

Santa Maria · silver

#### Identity

- Hole ID: SM16-05
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 290
- Grade Unit: g/t
- Intercept: 1.8 m
- True Width: 1.5 m
- From: 48.5 m
- To: 50.3 m
- Intercept Depth: 48.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-05:48.5-50.3
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Moderate silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Moderate silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 290

Context: 1.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.5

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-14)

Santa Maria · gold

#### Identity

- Hole ID: SM16-07
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 1.51
- Grade Unit: g/t
- Intercept: 2.2 m
- True Width: 1.3 m
- From: 82.2 m
- To: 84.4 m
- Intercept Depth: 82.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-07:82.2-84.4
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade for underground mining.

- Negative factor: Narrow intercept length.

Evidence · table

> 1.51

Context: 2.2

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.3

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-15)

Santa Maria · silver

#### Identity

- Hole ID: SM16-07
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 336
- Grade Unit: g/t
- Intercept: 2.2 m
- True Width: 1.3 m
- From: 82.2 m
- To: 84.4 m
- Intercept Depth: 82.2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-07:82.2-84.4
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Strong silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Strong silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 336

Context: 2.2

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.3

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-08

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-16)

Santa Maria · gold

#### Identity

- Hole ID: SM16-08
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 3.15
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.4 m
- From: 58.4 m
- To: 58.9 m
- Intercept Depth: 58.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-08:58.4-58.9
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Moderate gold grade in a very narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Very narrow intercept length.

Evidence · table

> 3.15

Context: 0.5

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-08

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-17)

Santa Maria · silver

#### Identity

- Hole ID: SM16-08
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 373
- Grade Unit: g/t
- Intercept: 0.5 m
- True Width: 0.4 m
- From: 58.4 m
- To: 58.9 m
- Intercept Depth: 58.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-08:58.4-58.9
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Strong silver grade in a very narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Strong silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Very narrow intercept length.

Evidence · table

> 373

Context: 0.5

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-09

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-18)

Santa Maria · gold

#### Identity

- Hole ID: SM16-09
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 1.31
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.5 m
- From: 68 m
- To: 68.8 m
- Intercept Depth: 68 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-09:68-68.8
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a very narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade for underground mining.

- Negative factor: Very narrow intercept length.

Evidence · table

> 1.31

Context: 0.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.5

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-09

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-19)

Santa Maria · silver

#### Identity

- Hole ID: SM16-09
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 574
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.5 m
- From: 68 m
- To: 68.8 m
- Intercept Depth: 68 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-09:68-68.8
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Exceptional silver grade in a very narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Exceptional silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Very narrow intercept length.

Evidence · table

> 574

Context: 0.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.5

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-10

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-20)

Santa Maria · gold

#### Identity

- Hole ID: SM16-10
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.09
- Grade Unit: g/t
- Intercept: 2 m
- True Width: 1.3 m
- From: 62.5 m
- To: 64.5 m
- Intercept Depth: 62.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-10:62.5-64.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Very low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Very low gold grade.

- Negative factor: Narrow intercept length.

Evidence · table

> 0.09

Context: 2.0

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.3

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-10

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-21)

Santa Maria · silver

#### Identity

- Hole ID: SM16-10
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 48
- Grade Unit: g/t
- Intercept: 2 m
- True Width: 1.3 m
- From: 62.5 m
- To: 64.5 m
- Intercept Depth: 62.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-10:62.5-64.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: True width disclosed.

- Negative factor: Low silver grade.

- Negative factor: Narrow intercept length.

Evidence · table

> 48

Context: 2.0

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.3

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-22)

Santa Maria · gold

#### Identity

- Hole ID: SM16-11
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.26
- Grade Unit: g/t
- Intercept: 1.6 m
- True Width: 1.4 m
- From: 2 m
- To: 3.6 m
- Intercept Depth: 2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-11:2-3.6
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade.

- Negative factor: Narrow intercept length.

Evidence · table

> 0.26

Context: 1.6

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-23)

Santa Maria · silver

#### Identity

- Hole ID: SM16-11
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 300
- Grade Unit: g/t
- Intercept: 1.6 m
- True Width: 1.4 m
- From: 2 m
- To: 3.6 m
- Intercept Depth: 2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-11:2-3.6
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Moderate silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Moderate silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 300

Context: 1.6

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.4

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-24)

Santa Maria · gold

#### Identity

- Hole ID: SM16-11
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.28
- Grade Unit: g/t
- Intercept: 2 m
- True Width: 1.8 m
- From: 41.4 m
- To: 43.4 m
- Intercept Depth: 41.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-11:41.4-43.4
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade.

- Negative factor: Narrow intercept length.

Evidence · table

> 0.28

Context: 2.0

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.8

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-25)

Santa Maria · silver

#### Identity

- Hole ID: SM16-11
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 149
- Grade Unit: g/t
- Intercept: 2 m
- True Width: 1.8 m
- From: 41.4 m
- To: 43.4 m
- Intercept Depth: 41.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-11:41.4-43.4
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: True width disclosed.

- Negative factor: Low silver grade.

- Negative factor: Narrow intercept length.

Evidence · table

> 149

Context: 2.0

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.8

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-26)

Santa Maria · gold

#### Identity

- Hole ID: SM16-12
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 1.7
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.5 m
- From: 51.3 m
- To: 52.1 m
- Intercept Depth: 51.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-12:51.3-52.1
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a very narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade for underground mining.

- Negative factor: Very narrow intercept length.

Evidence · table

> 1.70

Context: 0.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.5

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-27)

Santa Maria · silver

#### Identity

- Hole ID: SM16-12
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 76
- Grade Unit: g/t
- Intercept: 0.8 m
- True Width: 0.5 m
- From: 51.3 m
- To: 52.1 m
- Intercept Depth: 51.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-12:51.3-52.1
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low silver grade in a very narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: True width disclosed.

- Negative factor: Low silver grade.

- Negative factor: Very narrow intercept length.

Evidence · table

> 76

Context: 0.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.5

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-28)

Santa Maria · gold

#### Identity

- Hole ID: SM16-15
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 5.79
- Grade Unit: g/t
- Intercept: 1.7 m
- True Width: 1 m
- From: 24.3 m
- To: 26 m
- Intercept Depth: 24.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-15:24.3-26
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Strong gold grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Strong gold grade for underground mining.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 5.79

Context: 1.7

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-29)

Santa Maria · silver

#### Identity

- Hole ID: SM16-15
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 991
- Grade Unit: g/t
- Intercept: 1.7 m
- True Width: 1 m
- From: 24.3 m
- To: 26 m
- Intercept Depth: 24.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-15:24.3-26
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Exceptional silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Exceptional silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 991

Context: 1.7

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-30)

Santa Maria · gold

#### Identity

- Hole ID: SM16-15
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.99
- Grade Unit: g/t
- Intercept: 1.5 m
- True Width: 1 m
- From: 86 m
- To: 87.5 m
- Intercept Depth: 86 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-15:86-87.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade for underground mining.

- Negative factor: Narrow intercept length.

Evidence · table

> 0.99

Context: 1.5

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-31)

Santa Maria · silver

#### Identity

- Hole ID: SM16-15
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 173
- Grade Unit: g/t
- Intercept: 1.5 m
- True Width: 1 m
- From: 86 m
- To: 87.5 m
- Intercept Depth: 86 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-15:86-87.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: True width disclosed.

- Negative factor: Low silver grade.

- Negative factor: Narrow intercept length.

Evidence · table

> 173

Context: 1.5

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-32)

Santa Maria · gold

#### Identity

- Hole ID: SM16-16
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.29
- Grade Unit: g/t
- Intercept: 1 m
- True Width: 1 m
- From: 45.5 m
- To: 46.6 m
- Intercept Depth: 45.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-16:45.5-46.6
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a very narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade.

- Negative factor: Very narrow intercept length.

Evidence · table

> 0.29

Context: 1.0

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-33)

Santa Maria · silver

#### Identity

- Hole ID: SM16-16
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 145
- Grade Unit: g/t
- Intercept: 1 m
- True Width: 1 m
- From: 45.5 m
- To: 46.6 m
- Intercept Depth: 45.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-16:45.5-46.6
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low silver grade in a very narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: True width disclosed.

- Negative factor: Low silver grade.

- Negative factor: Very narrow intercept length.

Evidence · table

> 145

Context: 1.0

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-34)

Santa Maria · gold

#### Identity

- Hole ID: SM16-16
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 1.1 m
- True Width: 1.1 m
- From: 51.4 m
- To: 52.5 m
- Intercept Depth: 51.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-16:51.4-52.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Very low gold grade in a very narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Very low gold grade.

- Negative factor: Very narrow intercept length.

Evidence · table

> 0.12

Context: 1.1

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-35)

Santa Maria · silver

#### Identity

- Hole ID: SM16-16
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 161
- Grade Unit: g/t
- Intercept: 1.1 m
- True Width: 1.1 m
- From: 51.4 m
- To: 52.5 m
- Intercept Depth: 51.4 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-16:51.4-52.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low silver grade in a very narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: True width disclosed.

- Negative factor: Low silver grade.

- Negative factor: Very narrow intercept length.

Evidence · table

> 161

Context: 1.1

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-18

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-36)

Santa Maria · gold

#### Identity

- Hole ID: SM16-18
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 1.45
- Grade Unit: g/t
- Intercept: 1.4 m
- True Width: 1.3 m
- From: 72 m
- To: 73.4 m
- Intercept Depth: 72 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-18:72-73.4
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade for underground mining.

- Negative factor: Narrow intercept length.

Evidence · table

> 1.45

Context: 1.4

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.3

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-18

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-37)

Santa Maria · silver

#### Identity

- Hole ID: SM16-18
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 1221
- Grade Unit: g/t
- Intercept: 1.4 m
- True Width: 1.3 m
- From: 72 m
- To: 73.4 m
- Intercept Depth: 72 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-18:72-73.4
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Exceptional silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Exceptional silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 1,221

Context: 1.4

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.3

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-18

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-38)

Santa Maria · gold

#### Identity

- Hole ID: SM16-18
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.42
- Grade Unit: g/t
- Intercept: 1.3 m
- True Width: 1.2 m
- From: 78.6 m
- To: 79.8 m
- Intercept Depth: 78.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-18:78.6-79.8
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade.

- Negative factor: Narrow intercept length.

Evidence · table

> 0.42

Context: 1.3

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-18

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-39)

Santa Maria · silver

#### Identity

- Hole ID: SM16-18
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 342
- Grade Unit: g/t
- Intercept: 1.3 m
- True Width: 1.2 m
- From: 78.6 m
- To: 79.8 m
- Intercept Depth: 78.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-18:78.6-79.8
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Strong silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Strong silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 342

Context: 1.3

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.2

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-40)

Santa Maria · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SM16-19
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 1.8 m
- True Width: 1 m
- From: 92 m
- To: 93.8 m
- Intercept Depth: 92 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-19:92-93.8
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade for underground mining.

- Negative factor: Narrow intercept length.

Evidence · table

> 1.30

Context: 1.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-41)

Santa Maria · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SM16-19
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 549
- Grade Unit: g/t
- Intercept: 1.8 m
- True Width: 1 m
- From: 92 m
- To: 93.8 m
- Intercept Depth: 92 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-19:92-93.8
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Exceptional silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Exceptional silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 549

Context: 1.8

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-42)

Santa Maria · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SM16-22
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 1.11
- Grade Unit: g/t
- Intercept: 1.2 m
- True Width: 0.6 m
- From: 103.3 m
- To: 104.5 m
- Intercept Depth: 103.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-22:103.3-104.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a very narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade for underground mining.

- Negative factor: Very narrow intercept length.

Evidence · table

> 1.11

Context: 1.2

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-43)

Santa Maria · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SM16-22
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 222
- Grade Unit: g/t
- Intercept: 1.2 m
- True Width: 0.6 m
- From: 103.3 m
- To: 104.5 m
- Intercept Depth: 103.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-22:103.3-104.5
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Moderate silver grade in a very narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Moderate silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Very narrow intercept length.

Evidence · table

> 222

Context: 1.2

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 0.6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-23

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-44)

Santa Maria · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SM16-23
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.41
- Grade Unit: g/t
- Intercept: 2.1 m
- True Width: 1.5 m
- From: 1.9 m
- To: 4 m
- Intercept Depth: 1.9 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-23:1.9-4
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade.

- Negative factor: Narrow intercept length.

Evidence · table

> 0.41

Context: 2.1

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.5

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-23

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-45)

Santa Maria · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SM16-23
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 552
- Grade Unit: g/t
- Intercept: 2.1 m
- True Width: 1.5 m
- From: 1.9 m
- To: 4 m
- Intercept Depth: 1.9 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-23:1.9-4
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Exceptional silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Exceptional silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 552

Context: 2.1

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.5

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-23

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-46)

Santa Maria · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SM16-23
- Project: Santa Maria
- Commodity: gold
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 0.82
- Grade Unit: g/t
- Intercept: 2.2 m
- True Width: 1.6 m
- From: 61.7 m
- To: 63.8 m
- Intercept Depth: 61.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-23:61.7-63.8
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Low gold grade in a narrow intercept, but true width is disclosed and QA/QC is present.

- Positive factor: True width disclosed.

- Negative factor: Low gold grade for underground mining.

- Negative factor: Narrow intercept length.

Evidence · table

> 0.82

Context: 2.2

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### SM16-23

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-drill-facts-47)

Santa Maria · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SM16-23
- Project: Santa Maria
- Commodity: silver
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Geometry

- Grade: 298
- Grade Unit: g/t
- Intercept: 2.2 m
- True Width: 1.6 m
- From: 61.7 m
- To: 63.8 m
- Intercept Depth: 61.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: SM16-23:61.7-63.8
- Mining Method: underground

#### QA/QC

- Laboratory: independent ISO 9001:2001 certified laboratory in Chihuahua, Mexico and ISO 9001:2001 certified laboratory in Canada
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: Moderate silver grade in a narrow intercept, with true width disclosed and QA/QC present.

- Positive factor: Moderate silver grade for a narrow vein deposit.

- Positive factor: True width disclosed.

- Negative factor: Narrow intercept length.

Evidence · table

> 298

Context: 2.2

#### Tags used in scoring

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: true\_width\_m is 1.6

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

## Resource Estimates (2)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-resource-facts-51)

Santa Maria

#### Identity

- Project: Santa Maria
- Region: mexico
- Reported Region: Chihuahua, Mexico
- Ticker: AUMN

#### Resource scope

- Resource group id: resource:c43b4652319c7c8fc878

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: The company is evaluating drill results to update the resource estimate in the second half of 2016, which is a positive step for the project.

- Positive factor: Planned resource estimate update indicates progress towards refining geological understanding.

Evidence · text

> the Company is evaluating the results to update the resource estimate and complete a Preliminary Economic Assessment during the second half of 2016.

#### Tags used in scoring

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/golden-minerals-provides-exploration-properties-update--8bd66e06-4e3c-4d63-8970-26ae8baf24aa#fact-resource-facts-52)

San Luis del Cordero

#### Identity

- Project: San Luis del Cordero
- Region: mexico
- Reported Region: mexico
- Ticker: AUMN

#### Resource Data

- Category: indicated

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2016-08-11T00:00:00.000Z

Reasoning: The exploration drilling program at San Luis del Cordero yielded negative results, failing to expand the resource estimate and leading to the termination of the farm-in agreement, indicating a significant setback for the project.

- Negative factor: Drill program did not expand or advance the resource estimate.

- Negative factor: Company intends to terminate the farm-in arrangement.

Evidence · text

> Golden Minerals began a 20-hole, 4,600-meter exploration drilling program at the Santa Rosa vein of the San Luis del Cordero project in the first quarter 2016. The program was concluded in June 2016 with the final assessment of results available in July. Results did not expand or advance the resource estimate of the previous owner and the Company's evaluation indicated that further work on the project is not likely to meet near-term objectives. Golden Minerals intends to terminate the farm-in arrangement for the property in August 2016 .

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.