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Gold Resource Corp.
Summary
| Project: | Nevada Mining Unit | |
|---|---|---|
| Deposit: | Mina Gold | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 3/23/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 23-3-2017: Gold Resource Corp. announces an Exploration/Drilling Update report for its Mina Gold deposit at the Nevada Mining Unit project. Drilling results incl. 15m @ 2.34g/t Au from 0m. Colorado Springs – March 23, 2017 – Gold Resource Corporation (NYS | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Colorado Springs – March 23, 2017 – Gold Resource Corporation (NYSE MKT: GORO) (the “Company”) today announced phase one drill highlights from its Mina Gold exploration property located in Mineral County, Nevada. Surface and near surface high-grade gold intercepts include 15 meters of 2.34 grams per tonne (g/t) gold from surface, 12.19 meters of 2.01 g/t gold from surface and 24 meters of 1.97 g/t gold from 6.1 meters downhole. 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. Gold Resource Corporation’s phase one reverse circulation drill campaign targeted further delineation of an existing third-party historic resource located on patented claims at its Mina Gold exploration property. Multiple drill holes encountered surface and near surface high-grade gold mineralization. All holes were drilled vertical to a targeted 38.1 meter maximum depth. | |
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