Golden Minerals (AUMN) S-1/A IPO registration (amended)

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Exhibit 21.1

SUBSIDIARIES

NAME				JURISDICTION OF FORMATION
ASM Services S.a r.l.				Luxembourg
	Golden Minerals Services Corporation			Delaware
	Silex Spain, S.L.			Spain
		Silex Argentina S.A.		Argentina
			Minera El Quevar S.A.	Argentina
	Apex Mexico Holdings, S.L.			Spain
		Compañía Minerales de Zacatecas, S. de R.L. de C.V.		Mexico
			Minera Largo S. de R.L. de C.V.	Mexico
			Minera de Cordilleras S. de R.L. de C.V.	Mexico
Apex Silver Mines*				Cayman Islands
	ASC Bolivia LDC			Cayman Islands

*

Apex Silver Mines is a wholly-owned subsidiary of Golden Minerals Company and a separate entity from our predecessor, Apex Silver Mines Limited.

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Exhibit 21.1

SUBSIDIARIES