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Stock impact report

Probe Gold Provides 2024 Recap and 2025 Outlook [Yahoo! Finance]

Gold Resource Corporation (GORO) 
Company Research Source: Yahoo! Finance
Significantly increased Gold Resource of 6,728,600 ounces Measured and Indicated (“M&I”) and 3,277,100 ounces Inferred along all trends and deposits at the Novador project and Val-d'Or East properties, Quebec, Canada, almost doubling from the 2023 Resource Update ; a 77% increase in M&I Resources; and a 131% increase in Inferred Resources. Positive Updated Preliminary Economic Assessment (“PEA”) study for the Novador project with average annual production of 255,000 ounces LOM and averaging ~281,000 ounces per year for first five years, after-tax Net Present Value (5%) of C$910M, and IRR of 24.4% at US$1,750 per ounce Advancing Permitting – initiated permitting process at both federal and provincial levels and received impact study guidelines from both, bringing the company one step closer in the permitting process for the Novador project. Acquisition of McKenzie and Beaufor Properties in Val-d'Or; newly acquired properties contributed over 2 million ounces of gold in the new r Show less Read more
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