UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 15, 2024

GOLD RESOURCE CORPORATION

(Exact name of registrant as specified in its charter)

Colorado

001-34857

84-1473173

(State or other jurisdiction of

incorporation)

(Commission
File Number)

(I.R.S. Employer
Identification Number)


7900 E. Union Ave, Suite 320 Denver, Colorado		80237
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (303) 320-7708

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which

registered

Common stock

GORO

NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

1.01

EXPLANATORY NOTE

On April 15, 2024, Gold Resource Corporation (the “Company”) filed a Form 8-K to announce its preliminary first quarter production results for the quarter ended March 31, 2024 (the “Initial Form 8-K”). Due to a typographical error, the press release that was filed as Exhibit 99.1 to the Initial Form 8-K included the incorrect title. This amendment is being filed solely to re-file the press release as Exhibit 99.1 with the correct title. Other than the modification to the title of the press release, no changes have been made to the Initial Form 8-K.

Item 2.02 Results of Operations and Financial Condition.

On April 15, 2024, Gold Resource Corporation issued a news release reporting its preliminary production and select financial results for the first quarter of 2024. A copy of the news release is attached as Exhibit 99.1 to this report.

In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any of the Company’s filings or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits. The following exhibits are furnished with this report:



99.1				News Release dated April 15, 2024
104				Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



	GOLD RESOURCE CORPORATION

Date: April 16, 2024	By:	/s/ Allen Palmiere
	Name:	Allen Palmiere
	Title:	Chief Executive Officer and President

Microsoft Word - Jan 25 2021 Preliminary production_FINAL (1).docx

Exhibit 99.1

NEWS - FOR IMMEDIATE RELEASE

NYSE American: GORO

GOLD RESOURCE CORPORATION ANNOUNCES PRELIMINARY

FIRST QUARTER PRODUCTION RESULTS

Denver, Colorado - April 15, 2024 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces its preliminary first quarter results that includes the sale of 3,557 ounces of gold and 216,535 ounces of silver resulting in total gold equivalent (“AuEq”) ounces of 5,965. Additionally, the company sold 1,682 tonnes of zinc, 264 tonnes of copper, and 667 tonnes of lead.

“During the first quarter we continued our process to identify and implement opportunities for cost reductions and operational efficiencies in order to improve profitability. We are also moving forward with our 2024 drill program with the purpose of increasing our resources and reserves that could lead to future production improvements.” stated Allen Palmiere, President and CEO. “The Mexican peso has continued to remain strong against the US dollar, but we have seen substantial increases in the metals prices that are more than offsetting the impact of the exchange rate. With the enhancements we are making with our operations and the improvements we are seeing in the metal prices, we are moving in the right direction.”


Sales Statistics	Three months ended March 31,
	2024	2023
Metal sold
Gold (ozs.)	3,557	6,508
Silver (ozs.)	216,535	294,815
Copper (tones)	264	332
Lead (tonnes)	667	1,417
Zinc (tonnes)	1,682	3,060
Average metal prices realized⁽¹⁾
Gold ($ per oz.)	2,094	1,915
Silver ($ per oz.)	23	23
Copper ($ per tonne)	8,546	9,172
Lead ($ per tonne)	1,977	2,158
Zinc ($ per tonne)	2,483	3,195
Precious metal gold equivalent ounces sold
Gold Ounces	3,557	6,508
Gold Equivalent Ounces from Silver	2,408	3,547
Total AuEq Ounces	5,965	10,055

(1)	Average metal prices realized vary from the market metal prices due to final settlement adjustments from our provisional invoices. Our average metal prices realized will therefore differ from the average market metal prices in most cases.

Trending Production Statistics

3)
	For the three months ended:
	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024
Arista Mine
Tonnes Milled	116,616	116,721	113,510	116,626	111,255	98,889
Average Gold Grade (g/t)	2.51	2.33	1.59	1.52	1.44	1.89
Average Silver Grade (g/t)	109	94	86	73	85	88
Average Copper Grade (%)	0.45	0.37	0.37	0.32	0.39	0.37
Average Lead Grade (%)	1.58	1.73	1.64	1.29	1.39	1.25
Average Zinc Grade (%)	4.27	3.88	3.72	3.24	2.95	2.82
Combined
Tonnes milled	116,616	117,781	113,510	116,626	111,255	98,889
Tonnes Milled per Day⁽²⁾	1,389	1,420	1,395	1,557	1,379	1,328
Metal production (before payable metal deductions)⁽³⁾
Gold (ozs.)	7,767	7,171	4,637	4,443	4,077	4,757
Silver (ozs.)	370,768	322,676	289,816	247,159	282,488	251,707
Copper (tonnes)	406	336	334	276	341	280
Lead (tonnes)	1,323	1,559	1,389	1,048	1,072	812
Zinc (tonnes)	4,198	3,837	3,569	3,223	2,884	2,310

(2)	Based on actual days the mill operated during the period.

(3)

The difference between what we report as "Metal Production" and "Metal Sold" is attributable to the difference between the quantities of metals contained in the concentrates we produce versus the portion of those metals actually paid for according to the terms of our sales contracts. Differences can also arise from inventory changes related to shipping schedules, or variances in ore grades and recoveries which impact the amount of metals contained in concentrates produced and sold.

Q1 2024 Conference Call

The Company will host a conference call Wednesday, May 1, 2024 at 12:00 p.m. Eastern Time.

The conference call will be recorded and posted to the Company’s website later in the day following the conclusion of the call. Following prepared remarks, Allen Palmiere, President and Chief Executive Officer, Alberto Reyes, Chief Operating Officer and Chet Holyoak, Chief Financial Officer will host a live question and answer (Q&A) session. There are two ways to join the conference call.

To join the conference via webcast, please click on the following link:

https://onlinexperiences.com/Launch/QReg/ShowUUID=617944F2-FF66-4B11-A082-3804BF9CF029

To join the call via telephone, please use the following dial-in details:

Participant Toll Free: +1 (800) 717-1738

International: +1 (289) 514-5100

Conference ID: 45398

Please connect to the conference call at least 10 minutes prior to the start time using one of the connection options listed above.

About GRC:

Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico. The company’s focus is to unlock the significant upside potential of its existing infrastructure and large land position surrounding the Don David mine and to develop the Back Forty Project in Michigan, USA. For more information, please visit GRC’s website, located at www.goldresourcecorp.com and read the company’s Form 10-K for an understanding of the risk factors associated with its business.

Contacts:

Chet Holyoak

Chief Financial Officer

Chet.Holyoak@GRC-USA.com