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Gold Resource Corporation Announces Preliminary First Quarter Production Results

Gold Resource Corporation (GORO) 
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces its preliminary first quarter results that includes the sale of 3,557 ounces of gold and 216,535 ounces of silver resulting in total gold equivalent (“AuEq”) ounces of 5,965. Additionally, the company sold 1,682 tonnes of zinc, 264 tonnes of copper, and 667 tonnes of lead.“During the first quarter we continued our process to identify and implement opportunities for cost reductions and operational efficiencies in order to improve profitability. We are also moving forward with our 2024 drill program with the purpose of increasing our resources and reserves that could lead to future production improvements.” stated Allen Palmiere, President and CEO. “The Mexican peso has continued to remain strong against the US dollar, but we have seen substantial increases in the metals prices that are more than offsetting the impact of the exchange rate. With the enhancements we are making with our o Show less Read more
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