Golden Minerals

Golden Minerals has, together with Golden Gryphon USA, formed a joint venture called Sand Canyon Explorations LLC to explore mining claims in Humboldt County, Nevada. Golden Minerals holds 60% and will initially operate the joint venture; Golden Gryphon USA owns 40%. The project is near the historic Sleeper mine; earlier drilling in 2020 showed only weak anomalies with no economic grades. A permitted exploration program is planned for 2026 with further investigations, including geophysical work, to assess the property's potential. » Más en de.investing.com

Golden Minerals sells 100% of its subsidiary Minera William to Streamline Metals Capital and Horizon Silver for $1.2 million and additionally raises $856,463 through a private placement with Streamline. Streamline has entered a subscription agreement for 3,740,000 common shares at $0.229 per share and would hold about 19.9% of the issued shares after closing; closing is expected around May 20, 2026. The proceeds are intended to fund working capital, advancement of joint-venture projects (Sand-Canyon in Nevada, Sarita/Desierto in Argentina), evaluation of new projects and general corporate purposes. » Más en de.investing.com