GORO: Gold Resource Corporation Intercepts High-Grade Gold and Silver, Including 1m of 37.2 g/t Gold and 1.8m of 15.7 g/t Gold, Expanding the La Arista Deposit Vein System On Thursday May 21, 2009, 8:00 am EDT
DENVER, CO--(MARKET WIRE)--May 21, 2009 -- Gold Resource Corporation (GRC) (OTC BB:GORO.OB - News) (Frankfurt:GIH.F - News) is pleased to report that its first drill hole from its new drilling campaign continues to intercept high-grade gold and silver mineralization including 1 meter of 37.2 g/t (1.2 ounce/tonne) gold and 1.8 meters of 15.71 g/t (0.51 ounce/tonne) gold. These new intercepts expand the La Arista deposit vein system. La Arista is one of GRC's three high-grade deposits discovered to date at its El Aguila project in the state of Oaxaca, Mexico. GRC targets production at its El Aguila Project in mid-2009, subject to obtaining the remaining permits, regulatory approvals, equipment deliveries and construction schedules.
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