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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 4:01pm
54 Views
Post# 28334895

More good news, released

More good news, released
GOLD RESOURCE CORPORATION REPORTS PRELIMINARY SECOND QUARTER 
PRODUCTION OF 5,806 GOLD OUNCES AND 593,955 SILVER OUNCES 
MAINTAINING 2018 ANNUAL OUTLOOK

 

 
 
COLORADO SPRINGS – July 16, 2018 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) reports preliminary production results for the second quarter ended June 30, 2018 of 5,806 ounces of gold, 593,955 ounces of silver and significant base metals. 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. 

Preliminary second quarter production totaled 5,806 ounces of gold, 593,955 ounces of silver, 387 tonnes of copper, 1,540 tonnes of lead and 4,473 tonnes of zinc. Through the first half of 2018, the Company’s preliminary production numbers total 12,453 ounces of gold, 1,019,839 ounces of silver, 772 tonnes of copper, 3,155 tonnes of lead and 9,266 tonnes of zinc. 

The Company maintains its 2018 Annual Outlook of 27,000 gold ounces and 1,700,000 silver ounces, plus or minus 10%. Full financial results for the second quarter will be available at the time the Company files its quarterly report on Form 10-Q with the Securities and Exchange Commission.

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