Golden Minerals Company

Scout,

You are correct, last quarters sales did not include the gold pyrite. If the value of the ore milled in Q2 includes the gold pyrite, the sales value should be $18.03/tonne higher which makes it $103.90/tonne sales.

Also the payment rate varies depending on the product. For the gold dore which goes straight to a refinery, we probably get about 96% of contained metal. For the lead and zinc concentrates we probably get a little less than 90%, and for the gold pyrite concentrate we probably get about 65%