GORO reports strong Two Sisters production and resumes Back Forty project

GOLD RESOURCE CORP

Two-week production: Nov 8-14 avg NSR $1,512/t (129% above model); Nov 15-21 avg NSR $723/t (91% above plan).
CEO says results confirm Three Sisters area potential, though not expected on sustained basis.
Strategic decision to resume Back Forty project in Michigan; feasibility study and permit process initiated.
2023 technical report showed gold price increase to $2,700 boosts NPV to ~$430M, up >100%.
Project economics improved with current higher gold and zinc prices.

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