Mining projects

Mining intelligence · Project

Golden Queen Mine

ProductionGoldUnited States
Total gold resources
0.88 Moz
Measured & indicated · 0.82 MozInferred · 0.05 MozSoledad Mountain Project Gold and Silver Resources
Quarterly gold eq. production
8,568 oz
Q2 2026
Gold reserves
484.68 koz
Proven & probable · Sep 30, 2023
Property area
1,100 ha
Reported land area

The asset

Project overview

Producing open-pit heap-leach gold mine in Kern County, California, also referred to in technical reporting as the Soledad Mountain Project. The operation is undergoing exploration and mine-life-extension work.

Mine type
Open pit
Region
North America
Property area
1,100 ha
United States
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Companies behind the asset

Ownership & project roles

Mineral inventory

Resources and reserves

How this data is collected

Explore the reported mineral inventory, from headline totals to individual deposits. Resources and reserves remain separate; equivalent metal uses the company’s own assumptions.

Mineral reserves as at Sep 30, 2023NI 43-101
Proven & probable
0.48Moz gold
CategoryTonnageMtGradeContained metal
Silverg/tGoldg/tSilverMozGoldkoz
ProvenMineral Reserve Statement; September 30th, 20231.6714.291.110.76859.74
ProbableMineral Reserve Statement; September 30th, 202319.349.790.686.09424.93
Proven & probablesubtotalMineral Reserve Statement; September 30th, 202321.0110.150.726.85484.68

Cut-off 9.3 US$/t

Mineral resources as at Sep 30, 2023NI 43-101
Total gold
0.88Moz gold

Measured & indicated + Inferred

Measured & indicated
0.82Moz gold
Inferred
0.05Moz gold

Soledad Mountain Project Gold and Silver Resources. Total combines resource categories with different confidence levels; inferred resources are not reserves.

Source Feasibility Study: Updated Technical Report on the Soledad Mountain Heap Leach Project, Kern Country, California USA (January 2024) · PDF page 176 · Jan 12, 2024

Market cap per resource ounce

Andean Precious Metals Corp · US$602.6M market cap

All categories
US$688.66/ oz gold
Measured & indicated
US$733.06/ oz gold
Inferred
US$11,369.31/ oz gold

Each figure divides the whole company market cap by that category’s reported ounces in this estimate. No ownership adjustment; other company assets are not deducted. Resource ounces are not recoverable production or cash value. Share price 2026-09-29 · FX 2026-09-30.

CategoryTonnageMtGradeContained metalCut-off
Silverg/tGoldg/tSilverMozGoldkoz
MeasuredTable 14-11 metric units2.6712.930.991.1186—
IndicatedTable 14-11 metric units39.158.060.5810.13736—
Measured & indicatedsubtotalTable 14-11 metric units41.818.370.6211.24822—
InferredTable 14-11 metric units3.636.270.450.73253—

Operating performance

Production

How this data is collected

Performance at a glance

Q2 2026 · Quarter · Golden Queen

QoQ: previous quarter · YoY: same quarter last year

Gold eq. production

8.57K oz

Q3 2025: 10,083 ozQ4 2025: 11,828 ozQ1 2026: 11,496 ozQ2 2026: 8,568 oz
QoQ-25.5%YoYNot available

Realized gold price

Not reported

····
QoQNot availableYoYNot available

All-in sustaining cost

2.16K US$/oz

·Q4 2025: 2,485 US$/oz · Gold · Cost basis not specifiedQ1 2026: 1,859 US$/oz · Metal not specified · by-product basisQ2 2026: 2,159 US$/oz · Metal not specified · Cost basis not specified
QoQNot comparableYoYNot available

Bars show reported costs; changes require a matching metal and cost basis.

Bars show the last four matching periods, oldest to newest. Gaps mean unavailable data. Changes compare matching metals, currencies and reporting bases; source figures appear below. Equivalent production includes other metals and is not additional to their individual output.

Figures as published by the company, in the units they were reported in. The latest period is open; select any other to expand it.

Reported production by period

4 reported periods · never added together
PeriodGold eq. producedRealized gold priceAISC / ozRevenue
Q2 2026Quarter8,568 oz—US$2,159/oz—

Golden Queen

All-in sustaining cost
US$2,159/oz
Cost of sales
US$15.80M
OCC
US$1,779/oz
ReportedSilverGoldGold eq.
Metal produced66,024 oz7,792 oz8,568 oz

Source ANDEAN PRECIOUS METALS REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS · PDF page 3 · Aug 11, 2026

Q1 2026Quarter11,496 oz—US$1,859/oz—

Golden Queen · by-product basis

Cash cost
US$1,596/oz
All-in sustaining cost
US$1,859/oz
Costs of sales, as reported
US$20,914k
Sustaining capital expenditures
US$2,611k
Accretion for decommissioning liability
US$108.00k
ReportedSilverGoldGold eq.
Metal produced76,244 oz10,599 oz11,496 oz
Metal sold—10,361 oz—

Source APM REPORTS Q1 2026 FINANCIAL RESULTS · PDF page 7 · May 12, 2026

Q4 2025Quarter11,828 oz—US$2,485/ozUS$50.6M

Golden Queen

Ore mined
810 kt
Ore processed
838 kt
Revenue
US$50,613k
Tonnes mined
3,907 kt
ReportedSilverGoldGold eq.
Head grade—0.79 g/t0.75 g/t—
Metal produced86,559 oz10,866 oz11,828 oz
Metal sold89,792 oz10,836 oz11,833 oz
Cash cost—US$1,962/oz—
All-in sustaining cost—US$2,485/oz—

Source 2025 Q4 · PDF page 15 · Dec 31, 2025

Q3 2025Quarter10,083 oz———

Golden Queen

ReportedSilverGoldGold eq.
Metal produced77 koz9,228 oz10,083 oz
Metal sold77 koz9,084 oz9,935 oz

Source ANDEAN PRECIOUS METALS REPORTS Q3 OPERATIONAL RESULTS · PDF page 2 · Oct 15, 2025

Shaded columns are equivalent figures. An equivalent column combines the metals beside it on the company's own price assumptions. It is not additional production and must not be added to them.

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