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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: | 4/9/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 9-4-2018: Gold Resource Corp. announces an Exploration/Drilling Update report for its Aguila - Arista Mine deposit at the Oaxaca Mining Unit project. Drilling results incl. 5.50m @ 2.96g/t Au, 436g/t Ag, 0.29% Cu, 0.10% Pb, 0.22% Zn. COLORADO SPRINGS – Ap | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | COLORADO SPRINGS – April 9, 2018 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced the northwest expansion of the Arista Mine’s Arista vein system with twelve additional step-out and infill drill holes. Intercepts include 2.00 meters of 6.68 grams per tonne (g/t) gold and 864 g/t silver; 2.08 meters of 1.98 g/t gold and 1,583 g/t silver; and 1.55 meters of 9.36 g/t gold and 75 g/t silver. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $110 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. From two underground exploration drill pads located on level 4 in the Arista Mine’s Arista vein system, twelve drill holes intercepted multiple veins including Splay 31, Santa Cecilia, Alta and additional new veins yet to be named (see table and map below). These drill holes extend the known mineralization of the Arista vein system along strike to the northwest and both up and down-dip. The veins in this area of the Arista Mine remain open. | |
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