Golden Minerals Co
We are a mining company and we own the Velardeña and Chicago precious
metals mining properties and associated oxide and sulfide processing plants
in the State of Durango, Mexico (the “Velardeña Properties”),
the El Quevar advanced exploration silver property in the province of Salta,
Argentina, and a diversified portfolio of precious metals and other mineral
exploration properties located primarily in or near historical precious metals
producing regions of Mexico. The Velardeña Properties and the El Quevar
advanced exploration property are our only material properties. Our management
team is comprised of experienced mining professionals with extensive expertise
in mineral exploration, development and mine operations. Our principal offices
are located in Golden, Colorado at 350 Indiana Street, Suite 800, Golden, CO
80401, and our registered office is the Corporation Trust Company, 1209 Orange
Street, Wilmington, DE 19801. We also maintain an office at the Velardeña
Properties in Mexico and exploration offices in Argentina and Mexico.
None of our properties are currently in production. We are primarily focused
on evaluating and searching for mining opportunities in North America (including
Mexico) with near term prospects of mining, and particularly for properties
within reasonable haulage distances of our Velardeña Properties, including
our Velardeña oxide and sulfide plants. The Company is also reviewing
strategic opportunities, focusing primarily on development or operating properties
in North America, including Mexico. The Company is continuing its exploration
efforts on selected properties in its portfolio of approximately 10 exploration
properties located primarily in Mexico. We continue to hold our El Quevar advanced
exploration property in Argentina on care and maintenance until we can fund
further exploration ourselves or find a partner to further advance the project.
Golden Minerals Company, headquartered in Golden, Colorado, is the operating
entity through which we conduct our business. Following our September 2, 2011
business combination, ECU became a wholly-owned subsidiary of Golden Minerals,
and two of ECU’s wholly-owned Mexican subsidiaries hold the assets and
rights associated with the Velardeña Properties. We have a number of
other wholly-owned subsidiaries organized throughout the world, including in
Mexico, Central America, South America, the Caribbean and Europe. We generally
hold our exploration rights and properties through subsidiaries organized in
the countries in which our rights and properties are located.