Gold Resource Corporation Declares and Increases the Tenth Special Cash Dividend from $0.03 to $0.04 (GORO)

Gold Resource Corporation GORO is pleased to announce it has declared its April Special Cash Dividend and increased it to $0.04 per common share to its shareholders of record May 13, payable May 20, 2011.  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. Using cash flow generated from operations, the Board of Directors declared its tenth dividend in as many months of commercial production. This tenth Special Cash Dividend is the fourth dividend per common share declared in 2011 and increases the total dividends declared since Commercial Production to $0.31 per share.