Gold Resource Corporation was organized under the laws of Colorado, USA, on August 24, 1998. Since 2010, GRC has produced gold and silver doré and copper, lead, and zinc concentrates in Oaxaca, Mexico, at our subsidiary, Don David Gold Mexico S.A. de C.V. . The Don David Gold Mine holds six properties which are all located in what is known as the San Jose structural corridor. Our properties span 55 continuous kilometers of this structural corridor which include three historic mining districts in Oaxaca. On December 10, 2021, the Company successfully completed the acquisition of all the issued and outstanding common shares of Aquila Resources Inc. Aquila’s principal asset is its 100% interest in the Back Forty Project located in Menominee County, Michigan, USA. The Back Forty Project has a polymetallic (gold, silver, copper, lead, and zinc) Volcanogenic Massive Sulfide deposit. The Back Forty Project controls surface and mineral rights through ownership and leases with the State of Michigan. The Company is currently advancing a definitive feasibility study and preparing permit applications.
As a growing junior producer, the Company is focused on protecting the balance sheet while creating value through highly disciplined growth and capital allocation. Our independent board and management team has established strong leadership and a technical and operational team committed to health & safety, and environmental & social stewardship while taking advantage of our development pipeline projects from our significant land position in Mexico and Michigan, USA.
Mexico is one of the leading venues for mineral potential and production, with an extensive history of mining.