Gold Resource provides updates on El Rey

Gold Resource Corporation, a mining company which has a 100% interest in four potential high-grade gold and silver properties in Mexico’s southern state of Oaxaca, reports 5 meters of 45.24 g/t (1.45 oz/t) gold at El Rey.

El Rey, which is one of 4 properties in the state of Oaxaca, is being evaluated for accelerated development where high-grade gold ore could potentially be trucked 95 kilometres to GRC’s El Aguila mill, currently under construction.

Mr. William W. Reid, President of Gold Resource Corporation, said El Rey continues to impress us with 5 meters of 1.45 ounces of gold.

Though our main focus has been and will continue to be bringing the Company’s flagship El Aguila Project into production, we are evaluating the possibility of blending El Rey’s high-grade gold mineralization into our first year’s production schedule, concluded Mr. Reid.