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Golden Minerals Announces Appointment of John Galassini as Chief Operating Officer

Management Changes

Golden Minerals Announces Appointment of John Galassini as Chief

Operating Officer

GOLDEN, Colo.--(BUSINESS WIRE)--May 2, 2022--Golden Minerals Company (“Golden

Minerals”, “Golden” or the “Company”) (NYSE American: AUMN and TSX: AUMN)

announced today that mining operations executive John Galassini has joined the Company as its

Chief Operating Officer, effective May 9, 2022.

We are very pleased to welcome John Galassini to the Golden Minerals executive team. John

brings to the role more than 30 years of mining operations experience, during which he has

successfully managed some of the world’s largest open pit mines and numerous underground

operations. As COO, John will be responsible for leading the Company’s Mexican mining

operations, including the operating Rodeo gold-silver mine and the Velardeña Properties, our

underground gold-silver mines that are nearing a production restart decision.

Mr. Galassini began his career with Phelps Dodge, serving as General Manager at the Morenci

copper mine in Arizona, President of Minera Candelaria in Chile, and ultimately rising to the

role of Senior Vice President of North America Operations where he was responsible for seven

large mining operations and two smelters. He later served as Regional Vice President, North

America, for Kinross Gold, where he controlled capital and operating budgets totaling around

US$ 500 million. Subsequent roles include the Chief Operating Officer role at Sunshine Silver

Mines and Senior Vice President Mining for Nyrstar in Zurich, Switzerland. He most recently

served as Executive Vice President and Chief Operating Officer for Sabre Gold Mines

Corporation in Toronto, Canada.

Jeffrey Clevenger, Chairman of Golden Minerals Company, notes, “John grew up mining

underground with his father in New Mexico. His subsequent operational experience and

accomplishments bring strong leadership to the Golden team as we further utilize and develop

the Velardeña assets and formulate plans for Yoquivo and our other South American projects.”

About Golden Minerals

Golden Minerals is a growing gold and silver producer based in Golden, Colorado. The

Company is primarily focused on producing gold and silver from its Rodeo Mine and advancing

its Velardeña Properties in Mexico and, through partner funded exploration, its El Quevar silver

property in Argentina, as well as acquiring and advancing selected mining properties in Mexico,

Nevada and Argentina.

For additional information please visit http://www.goldenminerals.com/.

Contacts

Golden Minerals Company

Karen Winkler, Director of Investor Relations

(303) 839-5060