GOLDEN, CO - /BUSINESS WIRE/ - October 17, 2022 – Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American: AUMN and TSX: AUMN) has reported production data from its Rodeo gold-silver mine (Durango State, Mexico) for the third quarter of 2022. Summary highlights include the following:

Payable gold production: 2,972 oz Au
Payable silver production: 11,907 oz Ag
Payable gold equivalent production: 3,103 AuEq oz
Average gold grade: 2.6 g/t Au
Throughput (tonnes per day processed): 521 tpd
Gold recovery: 74.6%
Silver recovery: 77.6%
Realized gold/silver prices (before selling and refining costs): $1,703/oz Au and $18.72/oz Ag
2022 year-to-date production data is shown in the table below.

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