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Gold Resource reports preliminary Q3 sold ounces
The Fly

Gold Resource reports preliminary Q3 sold ounces

Gold Resource reported preliminary Q3 results that includes the sale of 3,982 ounces of gold and 208,905 ounces of silver resulting in total gold equivalent ounces of 6,532. Additionally, the company sold 2,571 tons of zinc, 245 tons of copper, and 947 tons of lead. Allen Palmiere, CEO said “The quarter has presented some challenges beyond our control including decreased metal prices and the strengthening of the Mexican peso against the US Dollar. Production during the quarter was on par with the last four quarters, however average grade decreased as was expected in our 2023 mine plan. We continue to identify and implement opportunities for cost reductions and operational efficiencies. We continue to be encouraged by the positive results of our 2023 drill program at the Don David Gold Mine that demonstrate the potential to increase our resources and reserves that could lead to future increased production.”

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