FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Expires: January 31, 2005 Estimated average burden hours per response... 0.5

(Print or Type Responses)

1. Name and Address of Reporting Person *   Mason Michael Thomas 2. Date of Event Requiring Statement (Month/Day/Year) 09/02/2011 3. Issuer Name and Ticker or Trading Symbol Golden Minerals Co [AUMN] (Last) (First) (Middle) 142 STRATFORD AVE. 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) 09/06/2011 (Street) GARDEN CITY, NY 11530 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock (1) 4,250 (2) D Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy) (3)	09/02/2011	10/10/2012(4)	Common Stock	13,500	$ 48.9 (5)	D	Â
Stock Option (Right to Buy) (3)	09/02/2011	07/25/2013(4)	Common Stock	11,250	$ 34.64 (5)	D	Â
Stock Option (Right to Buy) (3)	09/02/2011	10/22/2014(4)	Common Stock	5,000	$ 16.3 (5)	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Mason Michael Thomas 142 STRATFORD AVE. GARDEN CITY, NY 11530	  X	Â	Â	Â

Signatures

Robert P. Vogels, Pursuant to Power of Attorney		09/08/2011
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This amendment to Form 3 is being filed to disclose information in Table II. None of the information in Table I has changed from the Form 3 filed on September 6, 2011.
(2)	The 4,250 shares of Golden Minerals Company common stock replaced the 85,000 ECU Silver Mining Inc. common shares previously held by Mr. Mason, which were exchanged on September 2, 2011 in connection with the business combination between Golden Minerals Company and ECU Silver Mining Inc. by way of a court-approved plan of arrangement under the Business Corporations Act (Quebec).
(3)	The stock options of Golden Minerals Company reported in Table II replaced the ECU Silver Mining Inc. stock options previously held by Mr. Mason, which were exchanged on September 2, 2011 in connection with the business combination between Golden Minerals Company and ECU Silver Mining Inc. by way of a court-approved plan of arrangement under the Business Corporations Act (Quebec).
(4)	The expiration date is subject to acceleration as set forth in the Replacement Stock Option Plan of Golden Minerals Company.
(5)	For the purposes of this table, the exercise price of the stock options is converted from Canadian dollars to U.S. dollars at the Bank of Canada's noon exchange rate of 1.0188 on September 2, 2011.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.