EL AGUILA

Gold Resource reported continued higher-grade gold and silver mineralization from step-out drilling including .75 meters of 31.7 g/t (1.02 ounce/tonne) gold and 2920 g/t (93.88 ounce/tonne) silver in hole # 109003.

Reported fieldwork completed discovered a new high-grade silver vein averaging 737 grams per tonne (23.7 oz/tonne) silver, over a vein width of at least 1 meter, in a historic mine adit from a new area of the Aguila Project.

Announced the interception of higher-grade mineralization in the deepest hole drilled to date at the Aguila project which extends mineralization to 500 meters below the surface. In addition, higher grade mineralization was intercepted in a 35 meter step-out hole becoming the most southeasterly intercept in the Arista area. Better intercepts include 1.4 m of 47.40 g/t gold and 1030 g/t silver within 8.6 m of 48.54 g/t (1.56 oz/t) AuEq in Hole # 108042.