Business Wire·Apr 13, 2026, 5:57 PM ET

Gold Resource Corporation Announces Contract With SLR for Completion of the Back Forty Feasibility Study

Gold Resource Corporation engaged Responsible Mining Solutions Corp. (a part of SLR Consulting Ltd.) to conduct a comprehensive feasibility study for its Back Forty project in Michigan's Upper Peninsula.
The study will evaluate technical, economic, & operational parameters including mine design, processing options, infrastructure, environmental factors, & project economics.
Work under the agreement commences immediately to support informed decisions on project scope, sequencing, permitting, & execution.
SLR was selected based on its extensive experience in mining engineering, mineral economics, & complex feasibility evaluations.
A previous October 2023 Technical Report Summary reported an IRR of 25.7% & an NPV@6% of $214.5 million using commodity prices of $1,800/oz gold, $23.30/oz silver, & $3.90/lb copper.
The Company expects current commodity conditions to yield a significantly higher valuation & support a future production decision.
Gold Resource Corporation operates the Don David Gold Mine in Oaxaca, Mexico, & focuses on expanding its North American asset base.