COLORADO SPRINGS, CO, April 16, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the
“Company”) reports preliminary production results for the first quarter ended March 31, 2018 of approximately 6,647
ounces of gold, 425,884 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 $110 million to
shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert
their cash dividends into physical gold and silver and take delivery.
Preliminary first quarter production totaled approximately 6,647 ounces of gold, 425,884 ounces of silver, 385
tonnes of copper, 1,615 tonnes of lead and 4,793 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 first quarter will be available at the time the Company files its quarterly report on
Form 10-Q with the Securities and Exchange Commission.
About GRC:
Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico
and Nevada, USA. The Company targets low capital expenditure projects with potential for generating high returns on
capital. The Company has 57,230,793 shares outstanding, zero warrants and has returned $110 million back to shareholders
since commercial production commenced July 1, 2010. Gold Resource Corporation offers shareholders the option to convert their
cash dividends into physical gold and silver and take delivery. For more information, please visit GRC’s website, located
at www.goldresourcecorp.com and read the Company’s 10-K for an understanding of the risk
factors involved.
Cautionary Statements:
This press release contains forward-looking statements that involve risks and uncertainties. The statements
contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of
the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words “plan”, “target”, "anticipate,"
"believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such
forward-looking statements include, without limitation, the statements regarding Gold Resource Corporation’s strategy, future plans
for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All
forward-looking statements in this press release are based upon information available to Gold Resource Corporation on the date of
this press release, and the company assumes no obligation to update any such forward-looking statements. Forward looking statements
involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The
Company's actual results could differ materially from those discussed in this press release. In particular, there can be no
assurance that production will continue at any specific rate. Factors that could cause or contribute to such differences
include, but are not limited to, those discussed in the Company’s 10-K filed with the SEC.
Contacts: Corporate Development Greg Patterson 303-320-7708 www.goldresourcecorp.com