Gold Resource Corporation Resumes Development of Back Forty Project in Michigan
Gold Resource Corporation has resumed development of the Back Forty Project in Michigan, planning a feasibility study and permitting. The company also reported strong production results from the Three Sisters area at its Don David Gold Mine in Mexico, with a 40% increase in tonnes mined and a 91% rise in net smelter return values. Rising gold prices could enhance the project's net present value.
Gold Resource Corporation has reported strong initial production results from the Three Sisters area at its Don David Gold Mine in Oaxaca, Mexico. Over a recent two-week period, the mine exceeded planned production targets, with tonnes mined up by 40% and net smelter return (NSR) values up by 91% compared to expectations. Additionally, the company announced it is resuming development work on the Back Forty Project in Michigan, including plans to complete a feasibility study and begin permitting. A recent technical report indicates that rising gold prices could significantly increase the project’s net present value, making it more economically attractive. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gold Resource Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251203526388) on December 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
