04:35:49 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



GoGold Resources Inc
Symbol GGD
Shares Issued 328,612,319
Close 2024-04-09 C$ 1.47
Market Cap C$ 483,060,109
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GoGold Resources produces 375,745 oz AgEq in Q1 2024

2024-04-10 11:55 ET - News Release

Mr. Steve Low reports

GOGOLD REPORTS QUARTERLY PRODUCTION AT PARRAL OF 375,745 SILVER EQUIVALENT OUNCES

GoGold Resources Inc. produced, for the quarter ending March 31, 2024, 375,745 silver equivalent ounces, consisting of 138,657 silver ounces, 2,184 gold ounces, 93 tonnes of copper, and 92 tonnes of zinc. With the SART Zinc circuit commissioning completed, this marks the first quarter where Parral produced a saleable zinc product.

"Now that the SART Zinc circuit's commissioning has been completed and is operational, we are seeing an increase in the leaching of gold and silver, in addition to the production of a saleable zinc and copper product. We anticipate further increases in silver and gold production over the coming months as the extraction of zinc and copper from the heap leach solution improves the precious metal leachability in the heap," Brad Langille, President and CEO stated. "At Los Ricos South, we continue to advance our definitive feasibility study, which we are anticipating completion this summer. With the gains realized from the SART plant at Parral, along with the significant metal price increase, Parral, as planned, is becoming a contributor to the future funding of the Los Ricos South project."

Mr. Robert Harris, P.Eng. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release related to Parral.

About GoGold Resources

GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.

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