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Gold Resource reports spike in COVID-19 cases in Mexico, warns about potential operations constrain

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(Kitco News) - Gold Resource Corporation (NYSE American:GORO) announced today that in the last three weeks, its Don David gold mine in Mexico has seen 77 COVID-19 cases confirmed with testing.

Most of the people who have fallen ill are experiencing flu-like symptoms, but some were asymptomatic, Gold Resource said in a press-release.  

To combat the virus, the company said it has extended its screening protocols and medical assistance, where appropriate, to local communities and to regions where the company’s employees may travel on rotation.

Gold Resource added that currently, 30% of its work force or 292 individuals are fully vaccinated, and that the company expects that another 200 will be vaccinated in the next week.

"We are grateful that the local communities of San José de Gracia and San Pedro Totolápam, and our employees are working together implementing COVID-19 safety protocols. Prevention is the best defense while vaccination for COVID-19 progresses in Mexico," said COO Alberto Reyes.

However, Gold Resource warned that while it has in place the more stringent transportation and workplace protocols, the company will vary its mining and processing rates, as appropriate.

Therefore, the company caution market participants that while it has not withdrawn its guidance for 2021, the company expects that the safety protocols may constrain its operations until mid to late September.

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