GRC: NEWS
PRESS RELEASE
September 29, 2009
OTCBB: GORO
FRANKFURT: GIH
GOLD RESOURCE CORPORATION INTERCEPTS 3.28M OF 2203G/T SILVER AT LA ARISTA VEIN
ENCOUNTERS HIGH-GRADE GOLD AND SILVER MINERALIZATION OUTSIDE EL AGUILA OPEN PIT MODEL
DENVER – September 29, 2009 – Gold Resource Corporation (GRC) (OTCBB: GORO, FRANKFURT: GIH) reports intercepting 3.28 meters of 2203 grams (70 ounces) silver per tonne and 2.07 grams gold per tonne in its La Arista polymetallic vein system. GRC also reports intercepting a high-grade mineralized area while mining its El Aguila open pit that has yielded the highest values encountered to date at the property, 2.5 meters of 904 grams (29 ounces) gold per tonne and 9720 grams (312 ounces) silver per tonne. This rock chip sample was taken over 2.5 meters for grade control purposes but for an area that was previously outside the mineralized open pit model. This area of silicified breccia may correlate with a possible feeder vein for this deposit. Stockpiling of the Aguila open pit ore continues in preparation for the commencement of production at GRC’s El Aguila Project in the southern state of Oaxaca, Mexico. The Aguila mill is in the final phase of construction and is targeti ng gold production in 2009 subject to equipment delivery and construction schedules.
For complete press release click link:
http://www.goldresourcecorp.com./releases/GRC-2009-09-29-1.pdf