Ownership Submission
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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  TRISHIELD DISTRESSED SECURITIES FUND LLC
 2. Date of Event Requiring Statement (Month/Day/Year)
05/19/2009		 3. Issuer Name and Ticker or Trading Symbol
Golden Minerals Co [GDMN]
(Last)
(First)
(Middle)
30 WEST 15TH STREET, NO 7S		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10011		 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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) 304,565 (2)
D (3)
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TRISHIELD DISTRESSED SECURITIES FUND LLC
30 WEST 15TH STREET
NO 7S
NEW YORK, NY 10011		     X    
Buick Alan Jeffrey Jr.
30 WEST 15TH STREET, NO. 7S
NEW YORK, NY 10011		     X    
Trishield Partners LLC
30 WEST 15TH STREET, NO. 7S
NEW YORK, NY 10011		     X    
Trishield Capital Management LLC
30 WEST 15TH STREET, NO. 7S
NEW YORK, NY 10011		     X    

Signatures

Trishield Distressed Securities Fund LLC 06/22/2009
**Signature of Reporting Person Date
Trishield Partners LLC, its managing member 06/22/2009
**Signature of Reporting Person Date
/s/ Alan Jeffrey Buick Jr., its managing member 06/22/2009
**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 Form 3 is being filed by the undersigned as well as the entities listed on the Joint Filer Information Statement attached as an exhibit hereto (the "Reporting Persons").
(2) Represents amount beneficially owned immediately following the event that required the filing of this statement.
(3) Alan Jeffrey Buick Jr. is the sole managing member of Trishield Partners LLC and Trishield Capital Management LLC. Trishield Partners LLC is the sole managing member of Trishield Distressed Securities Fund LLC. Trishield Capital Management LLC is the investment manager of Trishield Distressed Securities Fund LLC. Trishield Distressed Securities Fund LLC directly holds the shares of Golden Minerals Company. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his/its indirect pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

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