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Gold Resource Corp.
Summary
| Project: | Oaxaca Mining Unit | |
|---|---|---|
| Deposit: | Aguila - Arista Mine | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 4/10/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 10-4-2017: Gold Resource Corp. announces an Exploration/Drilling Update report for its Aguila - Arista Mine deposit at the Oaxaca Mining Unit project. Drilling results incl. 4.29m @ 9.97g/t Au, 51g/t Ag, 1.23% Cu, 1.70% Pb, 4.52% Zn from 89.40m. COLORADO | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | COLORADO SPRINGS – April 10, 2017 – Gold Resource Corporation (NYSE MKT: GORO) (the “Company”) today announced additional high-grade Switchback drill intercepts including 4.29 meters of 9.97 gold grams per tonne (g/t), 5.81 meters of 4.87 gold g/t and 7.69 meters of 3.87 gold g/t. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $109 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery. The Switchback vein system is comprised of multiple high-grade polymetallic, epithermal veins, which makes up the northeast portion of the Arista underground mine. The eight infill drill results reported in this press release targeted the northwest, central and southeast portions of the Switchback vein system. Seven drill holes intercepted multiple polymetallic veins, while an eighth drill hole targeted the Soledad vein. The Switchback vein system remains open in all directions. | |
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