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Message: NR msg from mr president....getting close

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NR msg from mr president....getting close

posted on Sep 14, 09 03:34PM

FOR IMMEDIATE RELEASE NEWS

September 14, 2009 OTCBB: GORO

FRANKFURT: GIH

UPDATE LETTER TO SHAREHOLDERS

DENVER – September 14, 2009

– Gold Resource Corporation (GRC) (OTCBB: GORO,
FRANKFURT: GIH) updates shareholders on its 3

rd
anniversary as a public company.
GRC targets production at its El Aguila Project, in the southern state of Oaxaca, Mexico,

in 2009.

September 14

th marks the 3rd
anniversary of Gold Resource Corporation as a public
company and a look back at its accomplishments is in order. Our IPO was completed at

$1.00 per share so we are pleased to see the stock trading currently around $7.00 per

share. We believe this creation of shareholder value is just the beginning and reflects

our specific approach to the mining business and Gold Resource Corporation’s focus on

executing its business plan.

We have not wavered from our core values underlying our strategy to maximize

shareholder value:



Decisions based on financial performance



Projects must have a capital payback of 1 year or less



Production at the earliest possible date



Build the company with cash flow



Limit shareholder dilution



Distribute a meaningful dividend if possible

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