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    DENVER, Jan. 17 /PRNewswire-FirstCall/ -- Gold Resource Corporation
 (GRC) (OTC Bulletin Board:   GORO) is a production focused mining company
 owning 100% of three potential high-grade gold and silver properties in
 Mexico. GRC is currently engaged in a 10,000 meter drill program at its El
 Aguila Project in Oaxaca Mexico. GRC is pleased to announce the initiation
 of coverage and issuance of a Research Report by Wasserman Morris & Co., a
 New York City based equity research firm, with a Buy Rating. The full
 report is available at www.wassermanmorris.com. Once you are on the
 Wasserman Morris website please go to launch archive browser and type in
 password "ace" which will take you to the report.
     About Wasserman Morris & Co.
     Wasserman Morris & Co. is an equity research firm providing unbiased
 research for significantly under-followed small cap companies. Wasserman
 Morris & Co. distributes its research to a broad audience of institutional
 and individual investors seeking information on under-followed small cap
 stocks. GRC paid Wasserman Morris & Co. the sum of $25,500 for two years of
 coverage as detailed in the report. Neither the analysts nor the management
 of Wasserman Morris own equity or debt securities of the companies on which
 their contract analysts report.
     About GRC
     GRC is a production focused mining company pursuing development of gold
 and silver projects that feature low operating costs and produce high
 returns on capital. The Company is specifically focused on three potential
 high-grade gold and silver properties, of which GRC owns 100%, in Mexico's
 southern state of Oaxaca. For more information, please visit GRC's website,
 located at www.Goldresourcecorp.com.
     This press release contains forward-looking statements that involve
 risks and uncertainties. The statements contained in this press release
 that are not purely historical are forward-looking statements within the
 meaning of Section 27A of the Securities Act and Section 21E of the
 Exchange Act. When used in this press release, the words "anticipate,"
 "believe," "estimate," "intend" and "expect" and similar expressions are
 intended to identify such forward-looking statements. Such forward-looking
 statements include, without limitation, the statements regarding GRC's
 strategy, future production, future expenses and future liquidity and
 capital resources. All forward-looking statements in this press release are
 based upon information available to GRC on the date of this press release,
 and the company assumes no obligation to update any such forward-looking
 statements. The Company's actual results could differ materially from those
 discussed in this press release. Factors that could cause or contribute to
 such differences include, but are not limited to, those discussed in the
 company's Form SB-2 filed with the Securities and Exchange Commission.
 
 

SOURCE Gold Resource Corporation