---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-039495"
form_type: "8-K"
ticker: "AUMN"
cik: "0001011509"
company_name: "Golden Minerals Co"
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T06:54:22.653523+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Barrick terminates Earn-In Agreement; El Quevar silver project returns to Golden Minerals

## Summary
- Barrick notified Golden Minerals of election to terminate the Earn-In Agreement on El Quevar; effective April 20, 2024.
- Barrick spent over $6M on work expenditures, including a 5-hole, 1,300-meter drill program that identified a gold prospect.
- Golden Minerals CEO calls return fortuitous as company pivots from production to exploration and development.
- El Quevar is one of the largest high sulfidation alteration systems in northern Argentina, with high-grade Yaxtché silver deposit.
- Original earn-in required $10M in spending over 8 years and an NI 43-101 compliant pre-feasibility study.

## SEC filing metadata
- accession: 0001104659-24-039495
- form_type: 8-K
- ticker: AUMN
- cik: 0001011509
- company_name: Golden Minerals Co
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1011509/000110465924039495/0001104659-24-039495-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1011509/000110465924039495/tm249916d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-039495
- JSON: https://secwatch.observer/filing/0001104659-24-039495.json
- Plain text: https://secwatch.observer/filing/0001104659-24-039495.txt

## Key facts
- Material Agreements
  Golden Minerals Co terminated Earn-In Agreement with Barrick Gold Corporation valued at $10 million in work expenditures (effective 2024-04-20).
  - Action: termination
  - Counterparty: Barrick Gold Corporation
  - Value: $10 million in work expenditures
  - Effective: 2024-04-20
  source text: On March 21, 2024, Golden Minerals Company (the "Company") received written notice from Barrick Gold Corporation ("Barrick"), notifying the Company of Barrick's election to terminate the Earn-In Agreement, dated as of April 9, 2020, by and among the Company, several of the Company's directly and indirectly wholly owned subsidiaries, and Barrick (the "Earn-In Agreement") under which Barrick acquired an option to earn a 70% interest in the Company's El Quevar project located in the Salta Province of Argentina.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1011509/000110465924039495/0001104659-24-039495-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.