Gold Resource Corporation Expands Arista Mine With Drill Intercepts

COLORADO SPRINGS, CO - Gold Resource Corporation reported the continued expansion of both the Arista Mine’s Arista and Switchback vein systems in Mexico.  Drill hole intercepts include 23.39 meters of 2.00 grams per tonne (g/t) gold and 200 g/t silver; and 9.94 meters of 2.16 g/t gold and 95 g/t silver expanding Switchback’s strike length by approximately 100 meters.  A new vein discovered in the Arista vein system intercepted 2.08 meters of 1.98 g/t gold and 1,583 g/t silver.  

From an underground exploration drill pad located on level 14.5 of the Arista Mine’s Arista vein system, drill holes 517137 and 518004 targeted the north-west extension of the Switchback vein system.  Both drill holes intercepted the Soledad vein extending the north-west strike length of the Switchback vein system by approximately 100 meters.  A third infill drill hole, 517139, targeted the north-west zone of Switchback also intercepting the Soledad vein.  The Arista Mine’s Switchback vein system now extends over 1 kilometer on strike and remains open in all directions. 

“We are very excited to report an additional 100-meter strike extension to the Switchback vein system,” stated Mr. Barry Devlin, Vice President of Exploration for Gold Resource Corporation.  “The north-west extension of the Switchback vein system continues to appear robust as we continue to test north-west under the surface discovery at Switchback ridge.  We are also nearing completion of our first underground drill station located on the north-east side of the Switchback vein system.  This new station is expected to offer shorter drill distances with more advantageous angles for future infill and step-out drilling on the Switchback vein system and will allow us to drill untested targets east and north-east of the current Switchback system.   Our future exploration programs will continue to target the expansion and infill drilling of this growing epithermal vein system that remains open in all directions.” 

“Our exploration team continues to do an excellent job expanding the Arista Mine’s multiple vein systems,” stated Mr. Jason Reid, President and CEO of Gold Resource Corporation.  “While the Switchback vein system continues to extend on strike, it is great to see new veins being discovered at the Arista vein system as well.  We have a powerful epithermal system with a great mine and a lot of growth potential in front of us.”