April 23, 2025
Dear WRPC Member and Friends of the Menominee River,
The Gold Resource Corporation’s (GORO) Back Forty Project continues to be on indefinite hold. GORO lost $56.5 million in 2024, while cash reserves dropped from $6.3 million in 2023 to $1.6 million as of December 31, 2024, according to CEO Allen Palmiere.