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Gold Resource Establishes Technical Advisory Committee

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Gold Resource Corporation (GORO) has established a Technical Advisory Committee, retaining Dale Finn and Joe Spiteri as its initial members. The committee will advise the board on operational and strategic goals. President and CEO Allen Palmiere expresses confidence in their expertise to enhance growth and productivity. Finn boasts over 31 years of experience with Newmont, while Spiteri has over 35 years in advanced-stage exploration and acquisitions. GRC aims to unlock the upside potential of its land position in Oaxaca, Mexico.

Positive
  • Established a Technical Advisory Committee to enhance operational and strategic guidance.
  • Retained experienced professionals: Dale Finn with over 31 years at Newmont and Joe Spiteri with 35 years in mining.
Negative
  • None.

Retains Dale Finn and Joe Spiteri as members

DENVER, CO / ACCESSWIRE / March 1, 2021 / Gold Resource Corporation (NYSE American:GORO) (the "Company", "We", "Our" or "GRC") has established a Technical Advisory Committee and has retained Dale Finn and Joe Spiteri as its initial members. Reporting to the board of directors, the Committee is expected to advise on operational and strategic goals.

Allen Palmiere, President and CEO said, "We are pleased to add these highly regarded professionals who have a passion for excellence in their respective areas of expertise. They will provide additional advice and guidance as we reinvest in the growth and productivity of our operations. Together, we are eager and excited to unlock the significant exploration upside of our large land position and to achieve operational excellence."

Advisory Committee Members

Dale Finn

Dale Finn was a Group Executive most recently responsible for geologic functions in South America then the Americas. He joined Newmont over 31 years ago in August 1989. Mr. Finn worked at Carlin for three years and then ran the Helena, Montana exploration office for five years. Subsequently he served two years as Assistant to the VP Exploration in Denver and three years generating projects in Central America. From there he did five years of project development at Yanacocha and other sites throughout South America. Mr Finn spent the next seven years as Sr. Director then Group Executive for Africa before returning to Lima. He holds a BSc in Geology from the University of New Mexico and a MSc from the University of Nevada-Reno. For the ten years prior to joining Newmont Mr. Finn held various exploration and operations positions throughout California and Nevada.

Joe Spiteri

Joe Spiteri has over 35 years of experience in advanced-stage exploration, feasibility, construction, operations and acquisitions. Mr. Spiteri has held senior management or executive positions with Dome Mines Group, Placer Dome Incorporated, Northgate Explorations Limited, Lac Minerals Limited and Campbell Resources Incorporated. For the past ten years Mr. Spiteri has served on the board of directors of five mining companies including Marathon PGM Corp, Aurico Gold Inc., Aurico Metals Inc., Roxgold Inc. He holds a Bachelor of Science Degree from the University of Toronto and graduate level business courses from Laurentian University and Dalhousie University. He is a member of The Canadian Institute of Mining and The Association of Professional Geoscientists of Ontario.

About GRC

Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico. Under the direction of a new board and professionals, the focus is to unlock the significant upside potential of its large land position surrounding the mine and existing infrastructure. For more information, please visit GRC's website, located at www.goldresourcecorp.com and read the Company's 10-K for an understanding of the risk factors involved.

For further information, please contact:

Ann Wilkinson
Vice President, Investor Relations and Corporate Affairs
Telephone: 303-320-7708
www.goldresourcecorp.com

Cautionary Statements

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward- looking statements. Such forward-looking statements include, without limitation, the statements regarding Gold Resource Corporation's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All forward- looking statements in this press release are based upon information available to Gold Resource Corporation on the date of this press release, and the company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release. In particular, the scope, duration, and impact of the COVID-19 pandemic on mining operations, Company employees, and supply chains as well as the scope, duration and impact of government action aimed at mitigating the pandemic may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Also, there can be no assurance that production will continue at any specific rate. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the Company's 10- K filed with the SEC.

SOURCE: Gold Resource Corporation



View source version on accesswire.com:
https://www.accesswire.com/632570/Gold-Resource-Establishes-Technical-Advisory-Committee

FAQ

What is the role of the Technical Advisory Committee at Gold Resource Corporation?

The Technical Advisory Committee advises the board on operational and strategic goals.

Who are the members of the Technical Advisory Committee for GORO?

Dale Finn and Joe Spiteri are the initial members of the Technical Advisory Committee.

What experience do Dale Finn and Joe Spiteri bring to Gold Resource Corporation?

Dale Finn has over 31 years at Newmont, and Joe Spiteri has over 35 years in advanced-stage exploration and operations.

What is Gold Resource Corporation's primary focus?

GRC focuses on unlocking the significant upside potential of its large land position in Oaxaca, Mexico.

How can I find more information about Gold Resource Corporation?

More information can be found on GRC's website and in its 10-K filings with the SEC.

Gold Resource Corporation

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