Gold Resource : Q1 2026 Conference Call
GORO
Published on 05/12/2026 at 12:08 pm EDT
Q1 2026
Conference Call
May 12, 2026
10:00 AM ET
Q1 2026 Operations Summary
Unfortunately, and despite the operation's significant efforts to maintain an incident-free workplace, two accidents resulted in lost time. Both incidents occurred with contractors.
Continue with the Safety Plan of immediate prevention action.
Shutdown in February due to CTM conflict
DDG produced a total of 10,765 Aueq oz, exceeding budget by 8% despite lower throughput (-10%). This result was driven by better Au and metal base recoveries and better conversion factor of Ag-Au.
Activities are ongoing at the ALTA GRACIA mine, with mining operations having commenced in February. The drilling campaign continues in the underground and surface.
Altagracia Portal Set up
2026 Mine Production
2025 Process Plant Production
Q1 2026 Operational Results
Tonnes Processed
YTD 2026
Total tonnes
74,444
Tonnes per day (based on actual days
the mill operated during the period)
1,390
Metal Sold
YTD 2026
Gold ounces
1,548
Silver ounces
374,232
Gold equivalent ounces
8,749
Copper tonnes
69
Lead tonnes
353
Zinc tonnes
962
Financial Measures
Cash balance (at March 31, 2026)
$ 31 M
For the Three Months Ended
March 31, 2026
Net income(loss)
Net sales
$4.7 M
$43.9 M
Production cost
$20.6 M
Depreciation, Amortization & Reclamation
$4.0 M
Mining gross profit
$19.0 M
Total cash costs per AuEq ounce
$ 2,164/oz
Total all-in sustaining cost per AuEq ounce
$ 3,476/oz
Note: Total cash costs after co-product credits per AuEq ounce and Total all-in sustaining costs after co-product credits per AuEq ounce are a non-GAAP financial
Investment Summary
YTD 2026
Sustaining
Underground Development
($000s)
$3,797
Infill Drilling
608
Underground and Surface Exploration
Development
874
Other Sustaining Capital
3,342
Subtotal of Sustaining Investments:
8,621
Growth
Surface Exploration/Other
1,140
Underground Exploration Development and
Drilling
90
Back Forty Project Optimization & Permitting
209
Subtotal of Growth Investments
1,439
Total Capital & Exploration Investment
$10,060
Why Gold Resource Corporation?
Focused on protecting balance sheet while creating value through highly disciplined growth & capital allocation
Commitment to health & safety, environment, and social stewardship
Strong leadership, technical, and operational team
Questions
Disclaimer
Gold Resource Corporation published this content on May 12, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 12, 2026 at 16:07 UTC.