GOLD RESOURCE CORPORATION REPORTS FIRST QUARTER RESULTS

GRC-2020-05-05-1

COLORADO SPRINGS – May 5, 2020 – Gold Resource Corporation (NYSE American: GORO) (the “Company” or “GRC”) reported consolidated production results for the first quarter ended March 31, 2020 of 10,142 ounces of gold and 407,625 ounces of silver. In addition to precious metals, the Company produced base metals resulting in net revenue of $28 million and $5 million operating cash flow for the quarter. At the end of the quarter the Mexican government declared a country-wide health emergency and mandatory non-essential business suspension due to the novel
coronavirus (COVID-19) global pandemic. The Company was required by the Mexican government to suspend its Mexico operations and the Company subsequently withdrew its 2020 production outlook. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $114 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

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