Mining intelligence · Project
Golden Queen Mine
- Total gold resources
- 0.88 Moz
- Quarterly gold eq. production
- 8,568 oz
- Gold reserves
- 484.68 koz
- Property area
- 1,100 ha
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
Companies behind the asset
Ownership & project roles
Owner · Golden Queen Mining Company, LLC · from Nov 24, 2023
Source Andean Precious Metals Acquires Producing Heap Leach Gold Mine; Expands its Footprint Into The U.S · PDF page 1 · Nov 27, 2023
Mineral inventory
Resources and reserves
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
Soledad Mountain Deposit. Reserves and resources are shown separately.
Source Feasibility Study: Updated Technical Report on the Soledad Mountain Heap Leach Project, Kern Country, California USA (January 2024) · PDF page 26 · Jan 12, 2024
| Category | TonnageMt | Grade | Contained metal | ||
|---|---|---|---|---|---|
| Silverg/t | Goldg/t | SilverMoz | Goldkoz | ||
| ProvenMineral Reserve Statement; September 30th, 2023 | 1.67 | 14.29 | 1.11 | 0.768 | 59.74 |
| ProbableMineral Reserve Statement; September 30th, 2023 | 19.34 | 9.79 | 0.68 | 6.09 | 424.93 |
| Proven & probablesubtotalMineral Reserve Statement; September 30th, 2023 | 21.01 | 10.15 | 0.72 | 6.85 | 484.68 |
Cut-off 9.3 US$/t
Mineral resources as at Sep 30, 2023NI 43-101
- Total gold
- 0.88Moz gold
- Measured & indicated
- 0.82Moz gold
- Inferred
- 0.05Moz gold
Measured & indicated + Inferred
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$11,369.31/ oz gold
Each figure divides the whole company market cap by that category’s reported ounces in this estimate. No ownership adjustment; other company assets are not deducted. Resource ounces are not recoverable production or cash value. Share price 2026-09-29 · FX 2026-09-30.
| Category | TonnageMt | Grade | Contained metal | Cut-off | ||
|---|---|---|---|---|---|---|
| Silverg/t | Goldg/t | SilverMoz | Goldkoz | |||
| MeasuredTable 14-11 metric units | 2.67 | 12.93 | 0.99 | 1.11 | 86 | — |
| IndicatedTable 14-11 metric units | 39.15 | 8.06 | 0.58 | 10.13 | 736 | — |
| Measured & indicatedsubtotalTable 14-11 metric units | 41.81 | 8.37 | 0.62 | 11.24 | 822 | — |
| InferredTable 14-11 metric units | 3.63 | 6.27 | 0.45 | 0.732 | 53 | — |
Operating performance
Production
Performance at a glance
Q2 2026 · Quarter · Golden Queen
Gold eq. production
8.57K oz
Realized gold price
Not reported
All-in sustaining cost
2.16K US$/oz
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 togetherQ2 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
| Reported | Silver | Gold | Gold eq. |
|---|---|---|---|
| Metal produced | 66,024 oz | 7,792 oz | 8,568 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
| Reported | Silver | Gold | Gold eq. |
|---|---|---|---|
| Metal produced | 76,244 oz | 10,599 oz | 11,496 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
| Reported | Silver | Gold | Gold eq. |
|---|---|---|---|
| Head grade | — | 0.79 g/t0.75 g/t | — |
| Metal produced | 86,559 oz | 10,866 oz | 11,828 oz |
| Metal sold | 89,792 oz | 10,836 oz | 11,833 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
| Reported | Silver | Gold | Gold eq. |
|---|---|---|---|
| Metal produced | 77 koz | 9,228 oz | 10,083 oz |
| Metal sold | 77 koz | 9,084 oz | 9,935 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.