Isabella Pearl Gold Project In Nevada Continues To Produce At Consistent Levels 

COLORADO SPRINGS, CO - Gold Resource Corporation reported preliminary production results for the second quarter 9,559 ounces of gold, 467,484 ounces of silver and significant base metals.  The Company currently maintains its 2019 Oaxaca Mining Unit production outlook and plans to increase its global production outlook once commercial production levels are reached at its Nevada Mining Unit’s Isabella Pearl gold project.  The Isabella Pearl project reported the commencement of first gold production during the second quarter.  Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada.  The Company has returned $112 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. 

Preliminary second quarter production from the Company’s Oaxaca Mining Unit totaled 7,881 ounces of gold, 466,512 ounces of silver, 482 tonnes of copper, 2,304 tonnes of lead and 6,054 tonnes of zinc.  Through the first half of 2019, the Company’s Oaxaca Mining Unit’s preliminary production numbers total 14,419 ounces of gold, 831,165 ounces of silver, 915 tonnes of copper, 4,457 tonnes of lead and 11,892 tonnes of zinc.  

Preliminary second quarter production from the Company’s Nevada Mining Unit totaled 1,678 ounces of gold and 972 ounces of silver.  The Company announced on April 29, 2019 that its Isabella Pearl mine had produced its first dore, and since then the project has produced gold on a consistent basis.  The Company continues to ramp up production at Isabella Pearl and expects the project to reach commercial production levels during the second half of 2019. 

The Company maintains its 2019 Oaxaca Mining Unit Annual Production Outlook of 27,000 gold ounces and 1,700,000 silver ounces, plus or minus 10%.  In addition, the Company’s Nevada Mining Unit 2019 annual production outlook is expected to be announced in the near future once the project has reached commercial production levels.  Full financial results for the second quarter will be available at the time the Company files its quarterly report on Form 10-Q with the Securities and Exchange Commission. 

The company’s address is 2886 Carriage Manor Point, Colorado Springs, CO 80906, (303) 320-7708, www.goldresourcecorp.com.