Gold Resource Corp. Announces Production Results for the Fourth Quarter and Full Year of 2012; Provides Production Guidance for 2013
The company's preliminary mill production results for 2012 totaled approximately 90,432 ounces AuEq, which included approximately 23,783 ounces AuEq produced during the fourth quarter. The company's 2012 production totals increased approximately 37% over its 2011 production totals.
The company's 2013 Outlook targets a mill production range between 80,000 and 100,000 ounces AuEq, which would be an increase of approximately 11% AuEq over 2012 annual production at the high end of the production range. The target range was set based on the company's 2013 mine plan, the area of the deposit scheduled to be mined during the upcoming year and the planned mill expansion goals with associated down time for construction.