Mr. Brad Langille reports

GOGOLD RELEASES FINANCIAL RESULTS FOR Q3 2025 GENERATING NET INCOME OF $8.2M USD

GoGold Resources Inc. has released the financial results for the quarter ending June 30, 2025, with the Parral tailings reprocessing project generating revenue of $17.7-million (all amounts are in United States dollars) from the sale of 527,933 silver equivalent ounces.

"Parral continued to generate significant cash flow for the company during the quarter, driving operating cash flow of $7-million which is exceeding our spending at Los Ricos and corporate costs. Our revenues for the year to date are more than double that of last year, which has helped us generate operating cash flows of over $20-million (U.S.) over the last nine months," said Brad Langille, president and chief executive officer. "With our strong cash flow generation and our cash position of $139-million we are well capitalized as we anticipate a permit for our Los Ricos South project."

Highlights for the quarter ending June 30, 2025:

• Cash of $139-million (U.S.), an increase of $61-million during the quarter including the $57-million financing;
• Cash flow from operations of $7.2-million;
• Revenue of $17.7-million on the sale of 555,933 silver equivalent ounces at an average realized price per ounce of $33.54;
• Production of 555,500 silver equivalent ounces, consisting of 201,616 silver ounces, 3,100 gold ounces, 128 copper tonnes, 140 zinc tonnes;
• Net income of $8.2-million;
• Cash cost per silver equivalent ounce of $17.21;
• All-in sustaining cost per silver equivalent ounce of $22.78.

Attached are tables showing summarized financial information and key performance indicators.

Technical information contained in this news release with respect to GoGold has been reviewed and approved by Bob Harris, PEng, who is a qualified person for the purposes of National Instrument 43-101.

About GoGold Resources Inc.

GoGold Resources 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 and development projects in the state of Jalisco. Headquartered in Halifax, N.S., GoGold is building a portfolio of low-cost, high-margin projects.

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