Gold Resource Corporation · AMEX:GORO
Gold Resource — Q2 2024 Earnings Presentation
10 slides from Gold Resource's earnings presentation, Aug 7, 2024
Slide 1: Q2 2024 Conference Call
Q2 2024 Conference Call August 7, 2024 12:00 P.M. E.T. Allen Palmiere, President & Chief Executive Officer Alberto Reyes, Chief Operating Officer Chet Holyoak, Chief Financial Officer
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Note Regarding Forward-Looking Statements Except for statements of historical fact relating to us, certain statements contained in this presentation constitute forward-looking information, future oriented financial information, or financial outlooks (collectively “forward
Slide 3: Headlines
Headlines • Strengthened Mexican leadership team executing strategy • Exploration progressing as planned • Increase Metal Prices • Weakening Peso
Slide 4: DDGM Full Year Exploration Program
DDGM Full Year Exploration Program • 30 exploration drill holes • totaling over 2,652 meters • 16 infill drill holes • totaling 5,949 meters • Focused efforts: • Three Sisters • Splay 31 • Gloria • Marena • South Soledad & Sagrario
Slide 5: Q2 2024 Operational Results
Q2 2024 Operational Results Tonnes Processed Q2 2024 YTD 2024 Total tonnes 93,687 192,576 Tonnes per day (based on actual days the mill operated during the period) 1,301 1,315 Metal Sold Q2 2024 YTD 2024 Gold ounces 2,724 6,281 Silver ounces 234,560 451,095 Gold equivalent ounces 5,625 11,688 Copper
Slide 6: Investment Summary
Investment Summary Q2 2024 YTD 2024 2024 Guidance Sustaining ($000s) ($000s) ($000s) Underground Development $1,307 $2,657 Infill Drilling 345 786 Underground and Surface Exploration Development - 2 Other Sustaining Capital 569 851 Subtotal of Sustaining Investments: 2,221 4,296 $8,800 – 11,000 Grow
Slide 7: Financial Measures For the Six Months Ended June 30, 2024
For the Six Months Ended Financial Measures March 30, 2024 Cash balance (at June 30, 2024) $ 5.3 M Cash provided by operating activities $1.4 M For the Three Months Ended For the Six Months Ended June 30, 2024 June 30, 2024 Net loss $(27.7) M $(31.8) M Net sales 20.8 M 39.5 M Production cost 17.8 M
Slide 8: DDGM Cash Costs
DDGM Cash Costs Note: Cash costs after co-product credits per gold equivalent ounce is a non-GAAP financial measures. Please see the Reconciliation of Non-GAAP Financial Measures on the 2024 Form 10-Q filed with the SEC (refer to www.sec.gov/edgar).
Slide 9: Why Gold Resource Corporation?
Why Gold Resource Corporation? • Focused on protecting balance sheet while creating value through highly disciplined growth & capital allocation • Commitment to health & safety, environment, and social stewardship • Strong leadership, technical, and operational team
Slide 10: Questions
Questions Aguila mill, Oaxaca Mining Unit, Mexico