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Gold Resource Corp eyeing 27,000 ounces of gold for full year 2018

In the first quarter, the company had production of about 6,647 ounces of gold and 425,884 ounces of silver
Gold mine
The firm maintains its full-year production outlook of 27,000 gold ounces and 1,700,000 silver ounces

Gold Resource Corp. (NYSE:GORO) said its preliminary production results for the first quarter totaled about 6,647 ounces of gold, 425,884 ounces of silver and significant base metals.

The company also had prelminary production of 385 tonnes of copper, 1,615 tonnes of lead and 4,793 tonnes of zinc in the quarter, it said in a statement.   

READ THE BIG PIC - Gold Resource praises seventh consecutive year of profitability; updates mineral reserve at Oaxaca once again

Gold Resource, a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, has returned $110 million to shareholders in monthly dividends since commercial production began on July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

The firm maintains its full-year production outlook of 27,000 gold ounces and 1,700,000 silver ounces, plus or minus 10%. Full financial results for the first quarter will be available when Gold Resources files its quarterly report on Form 10-Q with the US Securities and Exchange Commission.  

 

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