Mr. Brad Langille reports
GOGOLD ANNOUNCES Q1 2026 PARRAL PRODUCTION OF 456,179 SILVER EQUIVALENT OUNCES
GoGold Resources Inc. produced in its first quarter ending Dec. 31, 2025, 456,179 silver equivalent ounces, consisting of 205,104 silver ounces, 2,914 gold ounces, 96 tonnes of copper and 150 tonnes of zinc.
"Parral had an excellent quarter for the company, generating record cash flows. Current market silver and gold prices have substantially increased since the end of December. As we report our production in silver equivalent ounces and the silver price has increased markedly relative to the gold price, our reported silver equivalent production appears lower compared to the previous quarter. Gold production increased by approximately 8 per cent, while silver production slightly decreased by 3 per cent compared to the previous quarter," Brad Langille, president and chief executive officer, stated. "Our very strong balance sheet, which includes a cash balance of $245-million (U.S.), together with our record Parral cash flow has put us in an excellent position for our upcoming mine build. As we await the final environmental permit at Los Ricos South, we are completing detailed engineering work and anticipate over the coming weeks to be in a position to place orders for long lead time items."
Robert Harris, PEng, 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 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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