Business
Gold Resource Corporation Reports Q3 2021 Production
DENVER, CO / ACCESSWIRE / October 14, 2021 / Gold Resource Corporation (NYSE American:GORO) (the "Company") today announced preliminary third quarter 2021 produ
About this update from Gold Resource Corporation
[{"type":"text","content":" DENVER, CO / ACCESSWIRE / October 14, 2021 / Gold Resource Corporation (NYSE American:GORO) (the \"Company\") today announced preliminary third quarter 2021 production results. Third Quarter 2021 Production Highlights 9,170 gold equivalent ounces (\"Au eq oz\") sold, inclusive of 5,809 gold ounces (\"Au oz\") and 255,394 silver ounces (\"Ag oz\") sold 268 tonnes of payable copper 1,550 tonnes of payable lead 3,059 tonnes of payable zinc Allen Palmiere, President and CEO said \"Despite a self-imposed temporary shutdown due to COVID-19, third quarter production results were favorable and are expected to continue in their upward trend in the fourth quarter. Addressing ground support issues allowed us to get back into the Soledad vein which has resulted in increased gold grades and recoveries, as expected. The temporary ramp down of operations in August was deemed necessary to keep employees and the surrounding communities safe as Mexico and our neighboring communities endured a spike in COVID-19 cases. We are very pleased with the response by our operations team to this challenge as the case rates have dropped dramatically allowing us to resume almost normal operations.\" Sales Statistics For the three months ended September 30, For the nine months ended September 30, 2021 2020 2021 2020 Metal sold Gold (ozs.) 5,809 3,619 16,525 11,153 Silver (ozs.) 255,394 316,993 778,776 862,087 Copper (tonnes) 268 447 1,015 1,090 Lead (tonnes) 1,550 1,849 3,940 4,827 Zinc (tonnes) 3,059 4,586 9,386 11,534 Average metal prices realized(1) Gold ($ per oz.) 1,762 1,887 1,790 &nb...