other material
confidence high
sentiment positive
materiality 0.60
Gold Resource Corp reports positive Q3 drill results at Don David Gold Mine; 5 rigs, 25,000m drilled
GOLD RESOURCE CORP
- Hole 523035: 8.01m with NSR $223/t incl. 1.11m at $662/t in Susana North vein (Switchback system).
- Three Sisters and Gloria vein systems show robust mineralized horizon, remain open to north-west.
- Year-to-date 2023: >100 drill holes, 25,000 meters core drilled; 5 underground rigs operating.
- Preliminary calculations indicate positive increase in tonnage and grades; results support 2023 resource estimate update.
- CEO says results support long-term exploration strategy to increase mine life by identifying near-term resources.