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Gold Resource Provides Update on Positive Year-to-Date 2023 Drill Results at Don David Gold Mine

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “we”, “our” or “GRC”) is pleased to provide an update on results for th

articleGold Resource CorporationJune 14, 20235/company/gold-resource-corporation/news/gold-resource-provides-update-on-positive-year-to-date-2023-drill-results-at-don-david-gold-mine
Gold Resource Provides Update on Positive Year-to-Date 2023 Drill Results at Don David Gold Mine

About this update from Gold Resource Corporation

[{"type":"text","content":"DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “we”, “our” or “GRC”) is pleased to provide an update on results for the ongoing expansion and infill drill programs at the Don David Gold Mine (“DDGM”) which continue to provide evidence of adding additional higher grade resources from the north-west Arista, south-central Switchback, the Three Sisters and newly discovered Gloria vein systems. The 2023 drilling campaign is returning positive results and has further confirmed that the program is on the right track to deliver higher grade resources into the near- and mid-term mine plan,” stated Allen Palmiere, President and CEO for the Company. Listed below are highlighted drill results, including Net Smelter Return1 (“NSR”) values; additional favorable results are available in the body and tables of this release: Hole No. 523009: Switchback Vein System: 2.56 m with NSR value of $303/t @ 0.67 g/t Au, 503.59 g/t Ag, 0.71% Cu, 0.9% Pb, 1.7% ZnIncludes: 0.71 m with NSR value of $1,078/t @ 2.41 g/t Au, 1,810 g/t Ag, 2.31% Cu, 3.24% Pb, 6.08% Zn Hole No. 523015: Arista Vein System 2.95 m with NSR value of $173/t @ 1.53 g/t Au, 105.76 g/t Ag, 0.08% Cu, 0.54% Pb, 4.96% ZnIncludes: 0.53 m with NSR value of $838/t @ 8.31 g/t Au, 498 g/t Ag, 0.02% Cu, 2.32% Pb, 23.4% Zn 1.73 m with NSR value of $563/t @ 16.03 g/t Au, 7.28 g/t Ag, 0% Cu, 0.09% Pb, 1.13% ZnIncludes: 0.93 m with NSR value of $1,045/t @ 29.8 g/t Au, 12 g/t Ag, 0% Cu, 0.16% Pb, 2.09% Zn Hole No. 523017: Switchback Vein System 2.18 m with NSR value of $217/t @ 4.91 g/t Au, 8.51 g/t Ag, 0.2% Cu, 0.09% Pb, 2.75% ZnIncludes: 0.57 m with NSR value of $738/t @ 16.95 g/t Au, 25.7 g/t Ag, 0.56% Cu, 0.29% Pb, 9.3% Zn Hole No. 523021: Switchback Vein System 5.85 m with NSR value of $131/t @ 0.05 g/t Au, 99.16 g/t Ag, 0.38% Cu, 1.07% Pb, 4.35% ZnIncludes: 0.64 m with NSR value of $757/t @ 0.11 g/t Au, 539 g/t Ag, 1.75% Cu, 7.6% Pb, 26.8% Zn Currently five underground diamond drill rigs are in operation at DDGM where a total of 61 drill holes for over 14,200 meters have been completed year-to-date in 2023. The program continues to advance our 2023 exploration objectives of identifying and defining additional mineral resources and upgrading current inferred resources. Results from the 2023 drill...

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