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Gold Resource Corp.
Summary
| Project: | Oaxaca Mining Unit | |
|---|---|---|
| Deposit: | Alta Gracia | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 9/18/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 18-9-2018: Gold Resource Corp. announces an Exploration/Drilling Update report for its Alta Gracia deposit at the Oaxaca Mining Unit project. Drilling results incl. 10.30m @ 0.85g/t Au, 1052g/t Ag. COLORADO SPRINGS – September 18, 2018 – Gold Resource Cor | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | COLORADO SPRINGS – September 18, 2018 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced drill highlights from its 2018 Alta Gracia drill program located at its Oaxaca Mining Unit, Mexico. Drill highlights include 10.30 meters grading 0.85 grams per tonne (g/t) gold and 1,052 g/t silver, and 9.59 meters grading 0.36 g/t gold and 430 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 $111 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. The Alta Gracia Project, which hosts the Mirador Mine, is located approximately 16 kilometers north west of the Company’s Aguila Project and mineral processing plant. The 2018 Alta Gracia surface drill campaign tested several target areas focusing primarily on the Independencia and Victoria veins, located south west of the Mirador Mine, both of which we categorized as potential expansion areas for the Company’s producing Mirador Mine (see map below). | |
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