COLORADO SPRINGS – May 11, 2020 – Gold Resource Corporation (NYSE American:
GORO) (the “Company”) today announced multiple ore grade intercepts from its phase two drill program at the “Scarlet” target located 400 meters north west of its operating Isabella Pearl mine in Mineral County, Nevada (see map). Near surface ore grade gold intercepts included 12.19 meters grading 1.43 grams per tonne (g/t) gold, including 3.05 meters grading 4.02 g/t gold, expanding on phase one drill results reported earlier in January 2020 which included 24.38 meters grading 1.03 g/t gold. 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.