FRANKFURT: GIH) reports startup and commissioning of the crushing plant at its El

Aguila Project’s mill. Stockpiling of the Aguila open pit ore continues in preparation for

commencement of production at the El Aguila Project in the southern state of Oaxaca,

Mexico. The Aguila mill is in the final phase of construction and is targeting gold

production in 2009 subject to equipment delivery and construction schedules.

Gold Resource Corporation’s President, Mr. William W. Reid stated, “With the start-up

and commissioning of the crushing plant we begin the final steps to achieving gold

production in 2009. As the crushing plant becomes fully operational we will stockpile

crushed ore in preparation of mill production. We are excited with the reality that Gold

Resource will soon emerge as a low cost gold producer”.