Buffalo, New York 11/14/2009 5:50:00 AM
News / Business

Gold Resource Corporation (OTC:GORO) Begins Phase Two Drilling

Gold Resource Corporation (OTC:GORO) has begun the second phase of drilling 1,830  meters as part of the company’s ongoing 15,000 meter drill program.  The program is designed to provide more data for the delineation of a multi-million ounce gold target in the Orogrande Shear Zone.  The Phase-Two program will be comprised of six to ten HQ core holes to intercept gold mineralization in the Shear Zone.

 

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Gold Resource Corporation is focused on exploring gold and silver properties in Mexico.  The company’s four properties of interest include the El Aguila property, the Las Margaritas property, the EI Rey property, and the Solaga property.  All properties are still in the exploration stage and have no probable reserves.

 

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