Business
Gold Resource Announces Preliminary Results of 11,475 Gold Equivalent Ounces Produced and Sold in Q2 2022
DENVER / Jul 13, 2022 / Business Wire / Gold Resource Corporation (NYSE American: GORO) (the “Company”) sold a total of 8,746 ounces of gold and 231,622 ounces
About this update from Gold Resource Corporation
[{"type":"text","content":"DENVER / Jul 13, 2022 / Business Wire / Gold Resource Corporation (NYSE American: GORO) (the “Company”) sold a total of 8,746 ounces of gold and 231,622 ounces of silver in Q2 2022 for a gold equivalent total of 11,475 ounces. Additionally, the Company sold 3,590 tonnes of zinc, 286 tonnes of copper, and 1,755 tonnes of lead contributing to a strong cash balance of over $33 million. Allen Palmiere, President and CEO said “Production remains solid at the Don David Gold Mine in Mexico and the feasibility study continues to advance at the Back Forty Project in Michigan. While the volume of tonnes processed during the quarter dipped at DDGM, grades and recoveries helped ensure we delivered another quarter of over 10 thousand gold equivalent ounces.” Sales Statistics Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 Metal sold Gold (ozs.) 8,746 5,697 17,127 10,716 Silver (ozs.) 231,622 270,321 497,029 523,382 Copper (tones) 286 365 694 747 Lead (tonnes) 1,755 1,214 3,394 2,390 Zinc (tonnes) 3,590 3,193 7,949 6,327 Average metal prices realized(1) Gold ($ per oz.) 1,874 1,822 1,886 1,806 Silver ($ per oz.) 22.05 26.88 23.06 26.83 Copper ($ per tonne) 9,275 10,375 9,786 9,595 Lead ($ per tonne) 2,168 2,162 2,254 2,123 Zinc ($ per tonne) 4,338 2,945 4,066 2,871 Precious metal gold equivalent ounces sold Gold Ounces 8,746 5,697 17,127 10,716 Gold Equivalent Ounces from Silver 2,729 3,988 6,077 7,775 Total AuEq Ounces 11,475 9,685 23,204 18,491 (1) Average metal prices realized vary from the market metal prices due to final settlement adjustments from our provisional invoices. Our average metal prices realized will therefore dif...