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Gold Resource Corporation Declares August Monthly Dividend

Colorado Springs, CO – (NewMediaWire) – August 26, 2020 – Gold Resource Corporation (NYSE American: GORO)
(the “Company”) declares its monthly instituted dividend of one-third of a cent
per common share for August 2020 payable on September 23, 2020 to shareholders
of record as of September 11, 2020.  Gold Resource Corporation is a gold
and silver producer, developer and explorer with operations in Oaxaca, Mexico
and Nevada, USA.  

The Company
has returned $114 million to its shareholders in consecutive monthly dividends
since July 2010 and offers its shareholders the option to convert their cash
dividends into physical gold and silver and take delivery.  For more
information on Gold Resource Corporation’s physical dividend program, visit the
Company website at 
http://www.goldresourcecorp.com/gold-silver-dividends.php.   

Dividends
may vary in amount and consistency or be discontinued at the Board of
Directors’ discretion depending on variables including but not limited to
operational cash flows, Company development requirements and strategies,
construction, spot gold and silver prices, taxation, general market conditions
and other factors described in the Cautionary Statements below and the
Company’s public filings with the U.S. Securities and Exchange
Commission. 

About GRC: 

Gold
Resource Corporation is a gold and silver producer, developer and explorer with
operations in Oaxaca, Mexico and Nevada, USA. The Company targets low capital
expenditure projects with potential for generating high returns on capital. The
Company has reached milestones including a decade of production, generated over
$1 billion in revenue and has returned $114 million back to its shareholders in
consecutive monthly dividends since July 2010. In addition, the Company also
offers its shareholders the option to convert their cash dividends into
physical gold and silver and take delivery. For more information, please visit
GRC’s website, located at 
www.goldresourcecorp.com and read the Company’s 10-K for an
understanding of the risk factors involved. 

Cautionary
Statements: 

This press
release contains forward-looking statements that involve risks and
uncertainties. The statements contained in this press release that are not
purely historical are forward-looking statements within the meaning of Section
27A of the Securities Act and Section 21E of the Exchange Act. When used in
this press release, the words “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, the statements regarding Gold Resource Corporation’s strategy,
future plans for production, future expenses and costs, future liquidity and
capital resources, and estimates of mineralized material. All forward-looking
statements in this press release are based upon information available to Gold
Resource Corporation on 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, 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. In
particular, the scope, duration, and impact of the COVID-19 pandemic on mining
operations, Company employees, and supply chains as well as the scope, duration
and impact of government action aimed at mitigating the pandemic may cause the
actual results and future events to differ materially from those expressed or
implied by such forward-looking information. Also, there can be no assurance
that production will continue at any specific rate. Factors that could cause or
contribute to such differences include, but are not limited to, those discussed
in the Company’s 10-K filed with the SEC. 

Contacts: 

Corporate
Development 

Greg
Patterson 

303-320-7708

www.goldresourcecorp.com

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