Day: May 12, 2014

Gold Resource Corporation Reports First Quarter Results With Net Income of $0.13 per Share; Maintains 2014 Production Outlook

Gold Resource Corporation reported its production results for the first quarter ended March 31, 2014 of 23,734 ounces precious metal gold equivalent (calculated at actual sales price ratio of 64:1) while decreasing its total cash cost by 18% over the first quarter of 2013. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $96 million to shareholders in monthly dividends since commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Canamex Sadly Announces CEO Passed Away

It is with unfathomable sorrow that we must advise of the sudden and unforeseen passing of our dear friend, colleague and leader, Robert Kramer, Chairman and CEO of the Company. The Board of Directors extends its deepest sympathy to Mr. Kramer’s family, and will meet at its earliest opportunity to appoint and announce an interim Chairman and CEO.

West Melville confirms high grade copper on the Alex Property, Sonora, Mexico

West Melville Metals Inc. has completed an initial due diligence investigation on the Alex Copper Property located in Sonora, Mexico. Results are sufficiently encouraging for the Company to mount a follow-up field program which will commence immediately. The aim of the follow-up program will be to conduct a systematic surface sampling program over the main area of mineralization and to compile an initial property scale geological map.

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