Gold Resource Corp. (GORO: Quote) announced preliminary 2012 fourth quarter and record year-end mill production of approximately 90,432 precious metal gold equivalent or AuEq ounces and sets its 2013 Outlook. Gold Resource Corporation is a low-cost gold and silver producer with operations in the southern state of Oaxaca, Mexico.
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.
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by RTT Staff Writer
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