Transition from processing the Aguila project’s open pit ore to processing its Arista underground ore is underway with flotation optimization to produce three separate concentrates: a gold/copper, a lead/silver and a zinc concentrate.
Gold Resource president Jason Reid said that La Arista’s high-grade polymetallic deposit is the company’s real value and source of its longevity.
"As we target higher average grade ore, greater production levels and lower cash cost per ounce production, we look forward to 2011 as a transformational year for the company," Reid said.
The Arista deposit is Gold Resource’s largest deposit discovered to date with a current mine life estimate of eight years.
Gold Resource is a mining company focused on production and pursuing development of gold and silver projects.