Gold Resource : Q1 2026 Conference Call

About this update from Gold Resource Corporation

Allen Palmiere, President & Chief Executive Officer Armando Alexandri, Chief Operating Officer Chet Holyoak, Chief Financial Officer Q1 2026 Conference Call May 12, 2026 10:00 AM ET Q1 2026 Operations Summary Unfortunately, and despite the operation's significant efforts to maintain an incident-free workplace, two accidents resulted in lost time. Both incidents occurred with contractors. Continue with the Safety Plan of immediate prevention action . Shutdown in February due to CTM conflict DDG produced a total of 10,765 Aueq oz, exceeding budget by 8% despite lower throughput (-10%). This result was driven by better Au and metal base recoveries and better conversion factor of Ag-Au. Activities are ongoing at the ALTA GRACIA mine, with mining operations having commenced in February. The drilling campaign continues in the underground and surface. Altagracia Portal Set up 2026 Mine Production 2025 Process Plant Production Q1 2026 Operational Results Tonnes Processed YTD 2026 Total tonnes 74,444 Tonnes per day (based on actual days the mill operated during the period) 1,390 Metal Sold YTD 2026 Gold ounces 1,548 Silver ounces 374,232 Gold equivalent ounces 8,749 Copper tonnes 69 Lead tonnes 353 Zinc tonnes 962 Financial Measures Cash balance (at March 31, 2026) $ 31 M For the Three Months Ended March 31, 2026 Net income(loss) Net sales $4.7 M $43.9 M Production cost $20.6 M Depreciation, Amortization & Reclamation $4.0 M Mining gross profit $19.0 M Total cash costs per AuEq ounce $ 2,164/oz Total all-in sustaining cost per AuEq ounce $ 3,476/oz Note: Total cash costs after co-product credits per AuEq ounce and Total all-in sustaining costs after co-product credits per AuEq ounce are a non-GAAP financial Investment Summary YTD 2026 Sustaining Underground Development ($000s) $3,797 Infill Drilling 608 Underground and Surface Exploration Development 874 Other Sustaining Capital 3,342 Subtotal of Sustaining Investments: 8,621 Growth Surface Exploration/Other 1,140 Underground Exploration Development and Drilling 90 Back Forty Project Optimization & Permitting 209 Subtotal of Growth Investments 1,439 Total Capital & Exploration Investment $10,060 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 Questions Attention : This is an excerpt of the original content. To continue reading it, access the original document here .

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