Jul 14 2016
Gold Resource Corporation (the "Company") reports preliminary production results for the second quarter ended June 30, 2016 of approximately 10,011 ounces of gold, 572,500 ounces of silver and significant base metals. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned $108 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 second quarter production at the Company's Aguila Project totaled approximately 10,011 ounces of gold, 572,500 ounces of silver, 320 tonnes of copper, 1,009 tonnes of lead and 3,813 tonnes of zinc. Through the first half of 2016, the Company's preliminary production numbers total approximately 16,474 ounces of gold, 1,006,640 ounces of silver, 564 tonnes of copper, 1,847 tonnes of lead and 7,074 tonnes of zinc.
The Company maintains its 2016 Annual Outlook of 26,000 gold ounces, 1,900,000 silver ounces, 1,100 tonnes of copper, 3,200 tonnes of lead and 12,900 tonnes of zinc.
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.
About GRC:
Gold Resource Corporation is a mining company focused on production and pursuing development of gold and silver projects that feature low operating costs and produce high returns on capital. The Company has 100% interest in six potential high-grade gold and silver properties at its producing Oaxaca, Mexico Mining Unit and exploration properties at its Nevada, USA, Mining Unit. The Company has 54,266,706 shares outstanding, no warrants, no long term debt and has returned $108 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.
Source: http://www.goldresourcecorp.com/