COLORADO SPRINGS – August 8, 2013 – Gold Resource Corporation (NYSE MKT: GORO) (the “Company”) reported its production results for the second quarter ended June 30, 2013 of 20,574 ounces precious metal gold equivalent (“AuEq”, calculated at actual sales price ratio of 60:1).  Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.  The Company has returned over $86 million to shareholders in monthly dividends since production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

2013 Q2 HIGHLIGHTS

•             20,574 ounces mill production, precious metal gold equivalent (AuEq)

•             19,992 precious metal AuEq ounces sold

•             $12.5 million Cash Flow from Mine Site Operations

•             Total cash cost of $645 per ounce AuEq (including 5% royalty)

•             Dividend distributions of $6.4 million, or $0.12 per share for quarter

•             Mill expansion scheduled for year-end delivery

Overview of Q2 2013 Results from El Aguila Project

Gold Resource Corporation’s El Aguila Project produced 20,574 ounces of precious metal gold equivalent (AuEq) at a total cash cost of $645 per AuEq ounce and realized average prices of $1,386 per ounce gold and $23 per ounce silver for its sales during the second quarter.  Gold and silver prices decreased 13.5% and 14.8%, respectively, from the second quarter of 2012.  Cash Flow from Mine Site Operations was $12.5 million.  The Company paid $6.4 million to shareholders in dividends.

“Half-way through the 2013 production year, the Company remains on track with its annual production goal, targeting a range of 80,000 to 100,000 precious metal gold equivalent ounces,” stated Gold Resource Corporation’s President, Mr. Jason Reid.  “With the decrease in precious metal market prices, and the gold-to-silver ratio working against us this quarter, our team was still able to deliver respectable production results.  We look forward to the completion of our mill construction so we can focus our efforts on the Arista mine and increasing production tonnages to match the enhanced Aguila mill capacity.  We expect a decrease in per ounce and per tonne production costs with higher mill throughput.”