Benzinga | Nov 17, 2020 06:55AM EST

Golden Minerals Receives Final Environmental Permits For Rodeo Gold Project; Says On Track For January 2021 Gold Production

GOLDEN, Colo., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Golden Minerals Company ("Golden Minerals", "Golden" or the "Company") (TSX:AUMN) is pleased to announce it has received final environmental permits for its Rodeo gold-silver project located in Durango State, Mexico. The Company is presently on track to begin gold production in January 2021, which will mark the transition of Golden Minerals to gold producer from precious metals exploration company.

President and Chief Executive Officer of Golden Minerals, Warren Rehn, notes, "The receipt of the environmental permits for our Rodeo mine puts us on schedule to begin mining in January 2021. We expect to begin delivering gold-bearing material to our Velarde?a mill early in January and begin processing immediately."