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     125  0 Kommentare Gold Resource Corporation Announces Preliminary First Quarter Production Results

    Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces its preliminary first quarter results that includes the sale of 3,557 ounces of gold and 216,535 ounces of silver resulting in total gold equivalent (“AuEq”) ounces of 5,965. Additionally, the company sold 1,682 tonnes of zinc, 264 tonnes of copper, and 667 tonnes of lead.

    “During the first quarter we continued our process to identify and implement opportunities for cost reductions and operational efficiencies in order to improve profitability. We are also moving forward with our 2024 drill program with the purpose of increasing our resources and reserves that could lead to future production improvements.” stated Allen Palmiere, President and CEO. “The Mexican peso has continued to remain strong against the US dollar, but we have seen substantial increases in the metals prices that are more than offsetting the impact of the exchange rate. With the enhancements we are making with our operations and the improvements we are seeing in the metal prices, we are moving in the right direction.”

     

     

    Sales Statistics

    Three months ended
    March 31,

    2024

    2023

    Metal sold

    Gold (ozs.)

    3,557

    6,508

    Silver (ozs.)

    216,535

    294,815

    Copper (tonnes)

    264

    332

    Lead (tonnes)

    667

    1,417

    Zinc (tonnes)

    1,682

    3,060

    Average metal prices realized(1)

    Gold ($ per oz.)

    2,094

    1,915

    Silver ($ per oz.)

    23

    23

    Copper ($ per tonne)

    8,546

    9,172

    Lead ($ per tonne)

    1,977

    2,158

    Zinc ($ per tonne)

    2,483

    3,195

    Precious metal gold equivalent ounces sold

    Gold Ounces

    3,557

    6,508

    Gold Equivalent Ounces from Silver

    2,408

    3,547

    Total AuEq Ounces

    5,965

    10,055

    (1) Average metal prices realized vary from the market metal prices due to final settlement adjustments from our provisional invoices. Our average metal prices realized will therefore differ from the average market metal prices in most cases.

    Trending Production Statistics

    For the three months ended:

    Q4 2022

    Q1 2023

    Q2 2023

    Q3 2023

    Q4 2023

    Q1 2024

    Arista Mine

    Tonnes Milled

    116,616

    116,721

    113,510

    116,626

    111,255

    98,889

    Average Gold Grade (g/t)

    2.51

    2.33

    1.59

    1.52

    1.44

    1.89

    Average Silver Grade (g/t)

    109

    94

    86

    73

    85

    88

    Average Copper Grade (%)

    0.45

    0.37

    0.37

    0.32

    0.39

    0.37

    Average Lead Grade (%)

    1.58

    1.73

    1.64

    1.29

    1.39

    1.25

    Average Zinc Grade (%)

    4.27

    3.88

    3.72

    3.24

    2.95

    2.82

    Combined

     

     

    Tonnes milled

    116,616

    117,781

    113,510

    116,626

    111,255

    98,889

    Tonnes Milled per Day(2)

    1,389

    1,420

    1,395

    1,557

    1,379

    1,328

    Metal production (before payable metal deductions)(3)

    Gold (ozs.)

    7,767

    7,171

    4,637

    4,443

    4,077

    4,757

    Silver (ozs.)

    370,768

    322,676

    289,816

    247,159

    282,488

    251,707

    Copper (tonnes)

    406

    336

    334

    276

    341

    280

    Lead (tonnes)

    1,323

    1,559

    1,389

    1,048

    1,072

    812

    Zinc (tonnes)

    4,198

    3,837

    3,569

    3,223

    2,884

    2,310

    (2) Based on actual days the mill operated during the period.
    (3) The difference between what we report as "Metal Production" and "Metal Sold" is attributable to the difference between the quantities of metals contained in the concentrates we produce versus the portion of those metals actually paid for according to the terms of our sales contracts. Differences can also arise from inventory changes related to shipping schedules, or variances in ore grades and recoveries which impact the amount of metals contained in concentrates produced and sold.

    Q1 2024 Conference Call

    The Company will host a conference call Wednesday, May 1, 2024 at 12:00 p.m. Eastern Time.

    Lesen Sie auch

    The conference call will be recorded and posted to the Company’s website later in the day following the conclusion of the call. Following prepared remarks, Allen Palmiere, President and Chief Executive Officer, Alberto Reyes, Chief Operating Officer and Chet Holyoak, Chief Financial Officer will host a live question and answer (Q&A) session. There are two ways to join the conference call.

    To join the conference via webcast, please click on the following link:
    https://onlinexperiences.com/Launch/QReg/ShowUUID=617944F2-FF66-4B11-A ...

    To join the call via telephone, please use the following dial-in details:
    Participant Toll Free: +1 (800) 717-1738
    International: +1 (289) 514-5100
    Conference ID: 45398

    Please connect to the conference call at least 10 minutes prior to the start time using one of the connection options listed above.

    About GRC:

    Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico. The company’s focus is to unlock the significant upside potential of its existing infrastructure and large land position surrounding the Don David mine and to develop the Back Forty Project in Michigan, USA. For more information, please visit GRC’s website, located at www.goldresourcecorp.com and read the company’s Form 10-K for an understanding of the risk factors associated with its business.




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    Gold Resource Corporation Announces Preliminary First Quarter Production Results Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces its preliminary first quarter results that includes the sale of 3,557 ounces of gold and 216,535 ounces of silver resulting in total gold equivalent (“AuEq”) ounces of 5,965. …

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