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Project: | Nevada Mining Unit | |
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Deposit: | Isabella Pearl | |
Location: | United States | |
Commodities: | Gold | |
Date: | 6/5/2019 | |
Report Code: | (no Code) | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Mine Development | |
Report details: | 5-6-2019: Gold Resource Corp. announces an Exploration/Drilling Update report for its Isabella Pearl deposit at the Nevada Mining Unit project. Drilling results incl. 22.86m @ 1.03g/t Au from 0.00m. COLORADO SPRINGS – June 5, 2019 – Gold Resource Corporat | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: n/a (n/a) | |
ABSTRACT: | COLORADO SPRINGS – June 5, 2019 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced the expansion of Isabella Pearl Mine mineralization with intercepts within and outside the current open pit deposit boundary. Drill intercepts outside the pit boundary include 22.86 meters of 1.03 grams per tonne (g/t) gold, including 4.57 meters of 2.02 g/t gold. 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 consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. Twenty-seven (27) reverse circulation exploration holes drilled into the deposit’s Pearl area within and outside the current pit-shell expanded the known mineralization in the Pearl Peak area (see map with insert showing permitted development area). This area of the deposit was targeted for additional drilling, as there were open areas with projections of gold mineralization that historic drilling had not defined. | |
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