Gold Resource (GORO) Names New GM of Oaxaca Mining

Gold Resource Corporation (AMEX: GORO) announced that Mr. Jesus Rivera has been appointed General Manager of the Oaxaca Mining Unit, which is responsible for the Company's El Aguila Project in Oaxaca, Mexico. Mr. Rivera is replacing Mr. Juan Manuel Flores, who has decided to pursue other interests. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico. The Company has returned over $63 million to shareholders in monthly dividends since declaring commercial production July 1, 2010 and is the first Company offering shareholders the option to convert their cash dividends into physical gold or silver.

Mr. Rivera is a mining and metallurgy engineer with an extensive background in underground mining operations. Mr. Rivera joins Gold Resource Corporation from Yamana Gold where he was Operations Manager for the Mercedes Project in Sonora, Mexico. In addition to underground experience, he has broad experience with open pit mines, mill operations, maintenance, human resources and community relations. Mr. Rivera previously served as Operations Manager for Farallon Mining in Guerrero, Mexico, Operations Manager for Genco Resources, Mexico, and has held positions with Frisco Corporation and Gold Corp.

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