TIDMHOC 
 
RNS Number : 0234T 
Hochschild Mining PLC 
21 September 2010 
 

 
              Hochschild´s investment in GRC to be diluted to 28% 
 
Gold Resource Corporation (GRC), which is 30% owned by Hochschild Mining plc 
("Hochschild" or "the Company") yesterday announced a private placement of 
approximately $56 million to increase the development of its Oaxaca Mining 
Unit's production profile, accelerate its exploration programmes, initiate a 
formal reserve report and to capitalise on new property acquisition 
opportunities. Hochschild remains supportive of GRC, however, the Board and 
management team see organic growth through investment in Hochschild´s extensive 
and rapidly expanding exploration pipeline as the Company´s key priority. As a 
result, Hochschild has not participated in the proposed financing and its 
current 30% holding in GRC will be diluted to approximately 28%. 
 
GRC successfully commenced commercial production on 1 July 2010 and has a target 
of 70,000 ounces of gold (4.2 million silver equivalent ounces) in the first 12 
months of commercial production, with a three year target to triple annual 
production to 200,000 gold equivalent ounces (12 million silver equivalent 
ounces). 
 
_______________________________________________________________________________ 
 
Enquiries: 
Hochschild Mining plc 
 
Isabel Lütgendorf 
              +44 (0)20 7907 2934 
Head of Investor Relations 
 
Finsbury 
Faeth Birch 
                   +44 (0)20 7251 3801 
Public Relations 
_______________________________________________________________________________ 
 
About Hochschild Mining plc: 
Hochschild Mining plc is a leading precious metals company listed on the London 
Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, 
mining, processing and sale of silver and gold. Hochschild has over forty years' 
experience in the mining of precious metal epithermal vein deposits and 
currently operates four underground epithermal vein mines, three located in 
southern Peru, one in southern Argentina and one open pit mine in northern 
Mexico. Hochschild also has numerous long-term prospects throughout the 
Americas. 
 
                                    - ends - 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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