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Gold Resource Corp GORO

Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico. The Company is focused on its existing infrastructure and large land position surrounding the mine in Oaxaca, Mexico, and to develop the Back Forty Project in Michigan, United States. Its Back Forty Project has a polymetallic (gold, silver, copper, lead, and zinc) Volcanogenic Massive Sulfide deposit. At its Don David Gold Mine, it has 100% interest in six properties, including two production stage properties and four exploration stage properties, located in Oaxaca, Mexico, along the San Jose structural corridor. Its properties span 55 continuous kilometers of this structural corridor. Its two production stage properties include Arista and Alta Gracia Mines. Its four exploration properties include Margaritas Property, Chamizo Property, Fuego Property and Rey Property. The Fuego property consists of approximately 2,554 hectares.


NYSEAM:GORO - Post by User

Bullboard Posts
Post by BillSmith9on Jul 18, 2018 3:57pm
46 Views
Post# 28334868

July 16 News release

July 16 News release
GOLD RESOURCE CORPORATION MINA GOLD PHASE TWO DRILL RESULTS 
AND GOLD MESA PROPERTY UPDATE

 

 
 
Colorado Springs – July 16, 2018 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced phase two drill highlights from its Mina Gold exploration property located in Mineral County, Nevada. Mina Gold near surface high-grade gold intercepts include 15.24 meters of 3.34 grams per tonne (g/t) gold from surface and 12.19 meters of 2.98 g/t gold from 6.10 meters downhole. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $111 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. 

Mina Gold 

Gold Resource Corporation’s Mina Gold phase two reverse circulation drill campaign targeted further delineation of phase one and historic drill results. Multiple drill holes encountered surface and near surface high-grade gold mineralization. Mina Gold Drill Highlights include (m = meters, g/t = grams per tonne) (see full table below): 

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