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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 20, 2026
GOLD RESOURCE CORPORATION
(Exact name of registrant as specified in its charter)
Colorado |
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001-34857 |
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84-1473173 |
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(State or other jurisdiction of incorporation) |
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(Commission |
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(I.R.S. Employer |
7900 E. Union Ave, Suite 320 |
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80237 |
(Address of principal executive offices) |
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(Zip Code) |
Registrant’s telephone number, including area code: (303) 320-7708
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
Common stock |
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GORO |
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NYSE American |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻ Item 2.02 Results of Operations and Financial Condition.
1.01
On January 20, 2026, Gold Resource Corporation (the “Company”) issued a press release reporting its preliminary production results for the three and twelve months ended December 31, 2025 (the “Press Release”). A copy of the Press Release is attached as Exhibit 99.1 to this report.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any of the Company’s filings or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. The following exhibits are furnished with this report:
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104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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GOLD RESOURCE CORPORATION |
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Date: January 21, 2026 |
By: |
/s/ Allen Palmiere |
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Name: |
Allen Palmiere |
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Title: |
Chief Executive Officer and President |
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Exhibit 99.1
NEWS - FOR IMMEDIATE RELEASE |
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NYSE American: GORO |
GOLD RESOURCE CORPORATION ANNOUNCES STRONG PRELIMINARY YEAR-END RESULTS, HIGHLIGHTING OPERATIONAL TURNAROUND
Denver, Colorado – January 20, 2026 – Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce preliminary fourth quarter production results from its Don David Gold Mine that are a significant improvement from previous quarters and represents 45% of the full-year production for 2025. The net result is a significantly improved year-end balance sheet with $25 million of cash and equivalents and no debt. During the quarter, the Company’s production profile has transitioned into more of a silver producer, accounting for about 80% of its revenue, including a record sale of 663,503 ounces of silver, 1,785 ounces of gold and a total gold equivalent (“AuEq”) ounces of 10,413. For the twelve months ending December 31, 2025, the Company sold 23,125 AuEq ounces.
“We are extremely pleased to report such a strong finish to 2025, reflecting the successful turnaround in operations and increasing ore production from the new Three Sisters area with higher grades and improved production, combined with record high metal prices,” said Allen Palmiere, President and CEO. “During the quarter, we realized an average sale price of $55 per ounce of silver and $4,234 per ounce for gold. In 2026, we expect continued leverage to the silver price with 40% of our production from the Three Sisters area. Overall, we are pleased with the mine’s performance, which reflects the execution of the operational plans and new equipment we outlined a year ago. I would like to thank the entire team for their focus and execution in delivering these outstanding operational results.”
Sales Statistics
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For the three months ended December 31, |
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For the nine months ended December 31, |
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2025 |
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2024 |
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2025 |
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2024 |
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Metal produced and sold |
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Gold (ozs.) |
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1,785 |
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960 |
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4,944 |
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8,598 |
Silver (ozs.) |
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663,503 |
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184,804 |
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1,461,898 |
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817,333 |
Copper (tonnes) |
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80 |
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82 |
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240 |
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641 |
Lead (tonnes) |
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253 |
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548 |
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1,014 |
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2,173 |
Zinc (tonnes) |
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618 |
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1,360 |
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2,940 |
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6,286 |
Average metal prices realized (1) |
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Gold ($ per oz.) |
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$ |
4,234 |
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$ |
2,706 |
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$ |
3,657 |
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$ |
2,354 |
Silver ($ per oz.) |
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$ |
55 |
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$ |
31 |
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$ |
45 |
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$ |
29 |
Copper ($ per tonne) |
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$ |
11,224 |
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$ |
8,969 |
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$ |
10,181 |
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$ |
9,223 |
Lead ($ per tonne) |
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$ |
1,981 |
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$ |
1,897 |
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$ |
1,938 |
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$ |
2,034 |
Zinc ($ per tonne) |
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$ |
3,258 |
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$ |
3,062 |
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$ |
2,817 |
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$ |
2,804 |
Gold equivalent ounces sold |
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Gold Ounces |
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1,785 |
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960 |
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4,944 |
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8,598 |
Gold Equivalent Ounces from Silver |
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8,628 |
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2,125 |
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18,181 |
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9,982 |
Total AuEq oz |
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10,413 |
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3,085 |
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23,125 |
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18,580 |
| (1) | Average metal prices realized vary from the market metal prices due to final settlement adjustments from our provisional invoices. Our average metal prices realized will therefore differ from the average market metal prices in most cases. |
Trending Production Statistics
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Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Tonnes Milled |
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Tonnes Milled |
83,690 |
80,367 |
56,906 |
63,479 |
65,131 |
85,888 |
Tonnes Milled per Day(2) |
1,244 |
1,228 |
1,094 |
1,218 |
1,124 |
1,305 |
Grade |
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Average Gold Grade (g/t) |
0.54 |
0.64 |
0.70 |
0.56 |
1.11 |
0.96 |
Average Silver Grade (g/t) |
83 |
94 |
169 |
115 |
250 |
298 |
Average Copper Grade (%) |
0.19 |
0.20 |
0.18 |
0.13 |
0.16 |
0.16 |
Average Lead Grade (%) |
1.01 |
1.12 |
0.72 |
0.88 |
0.63 |
0.58 |
Average Zinc Grade (%) |
2.63 |
2.73 |
1.68 |
2.72 |
1.57 |
1.22 |
Metal production (before payable metal deductions)(3) |
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Gold (ozs.) |
944 |
1,258 |
903 |
758 |
1,646 |
1,993 |
Silver (ozs.) |
194,525 |
210,581 |
257,285 |
196,435 |
453,057 |
687,523 |
Copper (tonnes) |
93 |
88 |
54 |
50 |
73 |
87 |
Lead (tonnes) |
576 |
678 |
272 |
373 |
241 |
306 |
Zinc (tonnes) |
1,741 |
1,734 |
699 |
1,380 |
784 |
750 |
| (2) | Based on actual days the mill operated during the period. |
| (3) | The difference between what we report as "Metal Production" and "Metal Sold" is attributable to the difference between the quantities of metals contained in the concentrates we produce versus the portion of those metals actually paid for according to the terms of our sales contracts. Differences can also arise from inventory changes related to shipping schedules, or variances in ore grades and recoveries which impact the amount of metals contained in concentrates produced and sold. |
About GRC:
Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico. Under the direction of an experienced board and senior leadership team, the Company’s focus is to unlock the significant upside potential of its existing infrastructure and large land position surrounding the mine in Oaxaca, Mexico and to develop the Back Forty Project in Michigan, USA. For more information, please visit the Company’s website, located at www.goldresourcecorp.com.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking words such as “plan,” “target,” “anticipate,” “believe,” “estimate,” “intend” and “expect” and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, (i) the preliminary fourth quarter production results and cash balance and (ii) the Company’s production expectations for 2026. All forward-looking statements in this press release are based upon information available to the Company as of the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. Forward-looking statements involve a number of risks and uncertainties such as commodity price volatility, operating risks, risks related to political, regulatory and labor matters, market trends and conditions and other factors discussed in the Company’s periodic reports filed with the Securities and Exchange Commission (the “SEC”), and there can be no assurance that such statements will prove to be accurate. The Company’s actual results could differ materially from those discussed in this press release. Forward-looking statements are subject to risks and uncertainties. Additional risks related to the Company may be found in the periodic and current reports filed with the SEC by the Company, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, which are available on the SEC’s website at www.sec.gov.
Contacts:
Chet Holyoak
Chief Financial Officer
Chet.Holyoak@GRC-USA.com
www.GoldResourceCorp.com