Gold Resource Corporation · AMEX:GORO
Gold Resource — Q1 2023 Earnings Presentation
11 slides from Gold Resource's earnings presentation, Apr 26, 2023
Slide 1: Q1 2023 Conference Call
Q1 2023 Conference Call April 26, 2023 10:00 A.M. M.T. Allen Palmiere, President & Chief Executive Officer Alberto Reyes, Chief Operating Officer Kim Perry, 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 • Strong Gold Production • Strengthened Mexican Leadership Team • Proposed Mexican Mining Reform • Exploration Progressing
Slide 4: DDGM Exploration Program
DDGM Exploration Program • 4 exploration drill holes • totaling over 2,500 meters • 26 infill drill holes • totaling nearly 5,000 meters • Focused efforts: • Three Sisters • Marena • South Soledad & Sagrario
Slide 5: Q1 2023 Operational Results
Q1 2023 Operational Results Tonnes Processed Q1 2023 Total tonnes 117,781 Tonnes per day 1,420 Metal Sold Gold ounces 6,508 Silver ounces 294,815 Gold equivalent ounces 10,055 Copper tonnes 332 Lead tonnes 1,417 Zinc tonnes 3,060
Slide 6: Q1 2023 DDGM Investment Summary
Q1 2023 DDGM Investment Summary Q1 2023 2023 Guidance Sustaining ($000s) ($000s) Underground Development $1,296 Infill Drilling 817 Underground and Surface Exploration Development 548 Other Sustaining Capital 475 Subtotal of Sustaining Investments: 3,136 $9,000 – 11,000 Growth Surface Exploration 76
Slide 7: Q1 2023 Financial Results
Q1 2023 Financial Results Financial Measures (unaudited) Cash balance (at March 31, 2023) $ 21.4 M Cash from operating activities 1.0 M For the Three Months Ended March 31, 2023 Net loss $ (1.0) M Net sales 31.2 M Production cost 19.9 M Depreciation, Amortization & Reclamation 7.3 M Mining gross pro
Slide 8: Q1 2023 DDGM Cash Costs
Q1 2023 DDGM Cash Costs 1. Percentage Payable Metals reflects the metals actually paid for according to the terms of our sales contracts. Differences between the first quarter of 2022 and the first quarter of 2023 primarily relate to the timing of final settlements and the processing of zinc tailing
Slide 9: Back Forty Update
Back Forty Update • On-going feasibility study work • Metallurgical testing for improved recoveries • Cost trade off analysis to improve economic model • Once the feasibility study work is completed, the Company’s Board of Directors will evaluate the current economic climate and make a decision on h
Slide 10: 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 11: Questions
Questions Aguila mill, Oaxaca Mining Unit, Mexico