Financial Data and Key Metrics Changes - 2024 was a challenging year for the company, with a cash balance decrease of $4.7 million, attributed to exploration and overhead costs [23][20] - The company managed to cover operational costs despite lower production levels [24] Business Line Data and Key Metrics Changes - The introduction of the Three Sisters system is expected to improve mining efficiency and ore quality, with higher grades projected compared to existing areas [8][10] - The company plans to increase daily production from the current levels to 1,300 tons and eventually to 1,500 tons [13][18] Market Data and Key Metrics Changes - The company is currently negotiating with a contractor to enhance productivity and is evaluating funding sources to support operational improvements [11][13] Company Strategy and Development Direction - The company is focusing on exploration to increase reserves and has successfully discovered the Three Sisters system, which is expected to lower mining costs and improve profitability [8][10] - Plans are in place to mobilize a contractor in Q2 and to have new equipment operational by Q3, aiming to be cash positive by the end of Q3 [14][25] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the difficulties faced in 2024, including natural disasters and equipment constraints, but expressed confidence in the path forward with the Three Sisters development [6][25] - The company aims to restore profitability and shareholder value through planned operational improvements and increased production [25][74] Other Important Information - The company celebrated a milestone of one year without a lost time injury, reflecting a commitment to workplace safety [15] - A significant restatement of the BAC 40 project gold and silver stream liabilities was noted, which did not affect the company's cash position [21][22] Q&A Session Summary Question: Development cadence for the Three Sisters system - Management confirmed that they have already intersected the first vein structure and expect to ramp up production significantly by early next year [31][33] Question: Breakdown of the $8 million development capital - Development costs will be heavily weighted towards Q2 and Q3, with a total development budget exceeding $20 million for the year [36][37] Question: Long-term cost reduction strategies - Management discussed the contractor's role in increasing volume and reducing unit costs through fixed cost absorption and acquiring a new mining fleet to improve mechanical availability [43][44] Question: Dependence on buyers and insider buying - Management clarified that current buyers are not located in Asia and addressed concerns regarding insider buying, emphasizing the need for stability before executives can purchase shares [58][66] Question: Executive compensation tied to performance - Management confirmed that executive compensation includes performance-based incentives, but noted that there have been no awards in recent years due to the company's challenges [69]

Production and Sales - Gold Resource Corporation produced and sold a total of 18,580 gold equivalent ounces in 2024, comprising 8,598 gold ounces and 817,333 silver ounces, with average prices of $2,354 and $28.75 per ounce respectively[11]. - Gold Resource Corporation focuses on gold and silver production, with operations centered on the Don David Gold Mine in Oaxaca, Mexico[19]. Financial Performance - The company reported a cash and cash equivalent balance of $1.6 million as of December 31, 2024, a decrease of $4.6 million from the previous year, primarily due to capital investments of $6.4 million and operating cash outflows[11]. - Working capital decreased by 86% to $2.1 million from $15.2 million in 2023, driven by a decline in cash balance and lower annual gold production[11]. - Total cash costs per gold equivalent ounce sold were $2,330, while total all-in sustaining costs were $2,939[11]. - The company raised $2.5 million through a registered direct offering and $3.0 million through its ATM Program in early 2025 to support its financial needs[12]. Capital Expenditures and Development Plans - The company requires approximately $7.0 million for additional mining equipment and mill upgrades, along with $8.0 million in working capital over the next 12 months for initial development[10]. - The company plans to secure a third filter press to increase processing throughput from 1,300 tonnes/day to 1,500 tonnes/day, which is expected to significantly impact profitability due to fixed costs[5]. - Future development plans include the Back Forty Project in Michigan, USA[19]. - The company is negotiating with a contractor to develop and produce from the Three Sisters vein system, with operations expected to start in April 2025[5]. Safety and Operational Efficiency - The company achieved an Accident Free Full Year with a lost time injury frequency rate of zero, reflecting the effectiveness of its safety program[5]. - The exploration program successfully increased the potential resources and confidence in the Three Sisters vein system, despite suspending exploration drilling in August 2024 to conserve cash[6]. Strategic Initiatives and Leadership - The company has a dedicated leadership team to guide its strategic initiatives and operational goals[19]. - The company is currently negotiating with contractors and acquiring equipment, which are critical for its operations[20]. - Anticipated near-term capital needs and potential sources of capital are being evaluated[20]. - The company expects to maintain cash flow and productivity levels to support ongoing operations[20]. - There are risks and uncertainties associated with the company's forward-looking statements, which may affect actual results[20]. - The company will continue to file periodic reports with the SEC, providing updates on its financial status and operational performance[20]. Contact Information - For further inquiries, the Chief Financial Officer can be contacted directly[21].

Production and Sales - The Company produced and sold a total of 18,580 gold equivalent ounces, consisting of 8,598 gold ounces and 817,333 silver ounces, sold at average prices of $2,354 and $28.75 per ounce, respectively[22]. - The Company produced and sold a total of 18,580 gold equivalent ounces, including 8,598 gold ounces and 817,333 silver ounces, at average prices of $2,354 and $28.75 per ounce, respectively[22]. Financial Performance - The cash and cash equivalent balance at year-end 2024 was $1.6 million, a decrease of $4.6 million from the previous year, primarily due to $6.4 million in capital investments and $0.6 million in operating activities[22]. - The cash and cash equivalent balance decreased by $4.6 million to $1.6 million as of December 31, 2024, primarily due to a cash outflow of $6.4 million for capital investments and $0.6 million from operating activities[22]. - Working capital at December 31, 2024, was $2.1 million, reflecting an 86% decrease from $15.2 million at the end of 2023[22]. - Working capital at December 31, 2024, was $2.1 million, an 86% decrease from $15.2 million at December 31, 2023, driven by a decline in cash balance and lower annual gold production[22]. - Total cash costs per gold equivalent ounce sold for the year were $2,330, while the all-in sustaining cost was $2,939[22]. - Total cash costs per gold equivalent ounce sold for the year were $2,330, while total all-in sustaining costs were $2,939[22]. - The Company anticipates requiring approximately $7.0 million for additional mining equipment and mill upgrades, along with $8.0 million in working capital over the next 12 months[25]. - The Company requires approximately $7.0 million for additional mining equipment and mill upgrades, and expects to need about $8.0 million in working capital over the next 12 months for initial development[25]. - The Company raised $2.5 million through a registered direct offering and $3.0 million through its ATM Program in early 2025[25]. - The Company raised $2.5 million through a registered direct offering in January 2025 and $3.0 million through its ATM Program in January and February 2025[25]. Operational Challenges - The Company faced significant declines in tonnes and grade at the Don David Gold Mine due to equipment availability issues and mechanical problems, impacting production estimates[23]. - The Company is currently mining only one face at a time due to equipment availability issues, which has impacted production estimates[23]. - The Company believes that without investment in new areas, it will not generate sufficient free cash flow in the near term[24]. - If the Company cannot secure additional capital, continued operation of the mine may not be possible beyond the first half of 2025[26]. - The Company is evaluating various financing options to fund the development of new mining areas, as continued operation of the mine may not be possible beyond the first half of 2025 without additional capital[26]. Exploration and Development - The exploration program was suspended on August 1, 2024, but infill drilling completed in 2024 increased resource potential and confidence in the Three Sisters and North Arista vein systems[22]. - The exploration program showed positive results, particularly in the Three Sisters and North Arista vein systems, although exploration drilling was suspended on August 1, 2024, to preserve cash[22]. - The Company received the Mexican Empresa Socialmente Responsable ("ESR") award for the tenth consecutive year in 2024[22].

Exhibit 99.1 NEWS - FOR IMMEDIATE RELEASE NYSE American: GORO GOLD RESOURCE CORPORATION ANNOUNCES PRELIMINARY THIRD QUARTER AND YEAR-TO-DATE RESULTS Denver, Colorado – October 23, 2024 – Gold Resource Corporation (NYSE American: GORO) (the "Company") announces its preliminary third quarter results, which includes the sale of 1,357 ounces of gold and 181,434 ounces of silver, resulting in total gold equivalent ("AuEq") ounces of 3,526. Additionally, the Company sold 1,473 tonnes of zinc, 98 tonnes of copper, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-34857 Gold Resource Corporation (Exact Name of Registrant as Specified in its charter) Colorad ...

Gold Resource Corporation (NYSE:GORO) Q2 2024 Earnings Conference Call August 7, 2024 12:00 PM ET Company Participants Chet Holyoak - CFO Allen Palmiere - President and CEO Alberto Reyes - COO Conference Call Participants Jake Sekelsky - Alliance Global Partners Heiko Ihle - H.C. Wainwright John Bair - Ascend Wealth Advisors Operator Good afternoon, ladies and gentlemen, and welcome to the Gold Resource Q2 2024 Earnings Call. [Operator Instructions] This call is being recorded on Wednesday, August 7, 2024. ...

Exhibit 99.1 NEWS - FOR IMMEDIATE RELEASE NYSE American: GORO GOLD RESOURCE CORPORATION REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2024 Denver, Colorado – August 6, 2024 – Gold Resource Corporation (NYSE American: GORO) (the "Company") is pleased to announce its second quarter operational results from its Don David Gold Mine ("DDGM") near Oaxaca, Mexico, and a corporate update on its other activities. 2024 Q2 Highlights include: ● Produced and sold 2,724 ounces of gold and 234,560 ounces of silver ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-34857 Gold Resource Corporation (Exact Name of Registrant as Specified in its charter) Colorado 84- ...

Gold Resource Corporation (NYSE:GORO) Q1 2024 Earnings Conference Call May 3, 2024 12:00 PM ET Company Participants Chet Holyoak - Chief Financial Officer Allen Palmiere - Chief Executive Officer, President & Director Alberto Reyes - Chief Operating Officer Conference Call Participants Heiko Ihle - H.C. Wainwright Jake Sekelsky - Alliance Global Partners Operator Good afternoon, ladies and gentlemen and welcome to the Gold Resource Q1 2024 Earnings Conference Call. At this time, all lines are in a listen-on ...

Exhibit 99.1 ● Produced and sold 3,557 ounces of gold and 216,535 ounces of silver ● Produced and sold 1,682 tonnes of zinc, 264 tonnes of copper, and 667 tonnes of lead ● Cash balance of $5.7 million with no debt and working capital of $13.6 million at March 31, 2024 ● Net loss was $4.0 million or $0.05 per share for the quarter, which was after $0.9 million in expenses for DDGM exploration development and underground drilling. ● Total cash cost after co-product credits for the quarter was $1,667 per gold ...