other material
confidence high
sentiment positive
materiality 0.65
Gold Resource reports new high-grade Three Sisters vein system; 2024 drill results show up to 15.53 g/t AuEq
GOLD RESOURCE CORP
- 23 underground drill holes totaling 7,671 meters at Don David Gold Mine in Mexico.
- Notable intercepts: 4.70 m at 15.53 g/t AuEq ($966/t NSR) in Sandy 2 vein; 4.48 m at 16.65 g/t AuEq in Sadie 2.
- Three Sisters & Gloria vein system resources up 307% YoY; total LOM plan resource increased 10%.
- Development on Level 4 intersected Sandy veins; channel sample returned 44.23 g/t AuEq ($2,780/t NSR).
- Company expects new areas to reduce haulage costs and improve cash flow; further drilling planned in 2025.