Gold Resource Corporation Increases and Institutes Monthly Dividend Policy

Gold Resource Corporation

is pleased to announce it has increased its monthly dividend declared for August to $0.05 per common share payable on September 23, 2011 to shareholders of record as of September 12, 2011. The Company has now instituted a regular monthly dividend policy to replace its special dividend policy. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico. Gold Resource Corporation commenced Commercial Production July 1, 2010 from its El Aguila Project's operations in the southern state of Oaxaca, Mexico. The Board of Directors have now declared the August Dividend, the fourteenth dividend in as many months of commercial production and eighth of 2011. The August Dividend, increased to $0.05 from $0.04, brings the total dividends declared since commencing Commercial Production to $0.48 per share to date ($0.30 per share for 2011), returning to shareholders over $24.6 million.