Mr. Brad Langille reports

GOGOLD ANNOUNCES Q2 2026 PARRAL PRODUCTION

GoGold Resources Inc. produced in its second quarter ending March 31, 2026, 230,680 silver ounces, 2,549 gold ounces, 84 tonnes of copper and 93 tonnes of zinc, for a total of 394,605 silver equivalent ounces (SEO).

"The Parral tailings mine had another excellent quarter for the company, generating substantial cash flows, with our cash balance increasing by approximately $16-million to $261-million (U.S.). Silver production increased 13 per cent, which offset a gold decrease of 13 per cent from the previous quarter. While our silver equivalent production decreased this is primarily due to the strengthening of silver prices relative to gold in the quarter. For comparison purposes, using the same equivalency ratio as last quarter would equate to production of 446,000 SEO," Brad Langille, president and chief executive officer, stated. "Our very strong debt-free balance sheet, together with our substantial Parral cash flow has put us in an excellent position for our upcoming mine build. With an initial capital expenditure of $227-million per our Los Ricos South feasibility study, compared to a current cash balance of $261-million and additional strong cash flow generation from Parral over a remaining mine life of four to five years really demonstrates that the company is fully financed for its upcoming build."

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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