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Gold Resource (GORO) - 2024 Q1 - Quarterly Results
GOROGold Resource (GORO)2024-05-02 23:05

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 5.7millionwithnodebtandworkingcapitalof5.7 million with no debt and working capital of 13.6 million at March 31, 2024 ● Net loss was 4.0millionor4.0 million or 0.05 per share for the quarter, which was after 0.9millioninexpensesforDDGMexplorationdevelopmentandundergrounddrilling.Totalcashcostaftercoproductcreditsforthequarterwas0.9 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 ...