Gold Resource Corporation (Gold Resource) is engaged in the exploration of gold and silver properties, primarily in Mexico. The Company has an interest in four properties, the El Aguila property, the Las Margaritas property, the El Rey property and the Solaga property. Gold Resource leases claims comprising the El Aguila property and the Las Margaritas property from an individual who serves as its consultant in Mexico and the Solaga property from an entity partially owned by its consultant in Mexico. The Company owns mining concessions for the El Rey property. All of these properties are in the exploration stage and have no probable reserves.