Gold Resource Corporation Reports 2015 $3.1M Net Income and Five Consecutive Years of Profitability; Provides 2016 Production Outlook

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1486-nysemkt/goro/17421-gold-resource-corporation-reports-2015-3-1m-net-income-and-five-consecutive-years-of-profitability-provides-2016-production-outlook.html#.VuBeZ-TrvIU

COLORADO SPRINGS, CO–(Marketwired – Mar 9, 2016) – Gold Resource Corporation (NYSE MKT: GORO) (the “Company”) today announced it remained profitable during the precious metal bear market of 2015 reporting $3.1 million in net income and its fifth consecutive year of profitability. The Company also confirmed its previously announced 2015 annual mill production of 29,644 gold ounces and 2,506,337 silver ounces for 63,963 precious metal gold equivalent ounces (at a realized 73.1:1 silver-to-gold ratio). The Company announced its 2016 precious metal Outlook targeting a plus or minus 5 percent production range consisting of 26,000 ounces gold and 1.9 million ounces silver. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned $108 million to shareholders in monthly dividends since commercial production began July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

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