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Project: | Oaxaca Mining Unit | |
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Deposit: | Alta Gracia | |
Location: | Mexico | |
Commodities: | Gold-Silver | |
Date: | 10/24/2017 | |
Report Code: | (no Code) | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 24-10-2017: Gold Resource Corp. announces an Exploration/Drilling Update report for its Alta Gracia deposit at the Oaxaca Mining Unit project. Drilling results incl. 1.29m @ 4.33g/t Au, 1710g/t Ag. Colorado Springs – October 24, 2017 – Gold Resource Corpo | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: n/a (n/a) | |
ABSTRACT: | Colorado Springs – October 24, 2017 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced drill highlights from its 2017 Alta Gracia drill program located in its Oaxaca Mining Unit, Mexico. Drill highlights include 1.29 meters grading 4.33 grams per tonne (g/t) gold and 1,710 g/t silver, and 1.47 meters grading 2.29 g/t gold and 708 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. The Alta Gracia property, which hosts the Mirador Mine, is located approximately 16 kilometers north west of the Company’s Aguila Project. The 2017 Alta Gracia surface drill campaign tested four primary vein structures which outcrop at the surface. | |
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