Mr. Brad Langille reports

GOGOLD ANNOUNCES 2026 ANNUAL PRODUCTION

GoGold Resources Inc. had production for its fiscal year ending Sept. 30, 2026, of 1,000,242 silver ounces, 11,647 gold ounces, 326 tonnes of copper and 466 tonnes of zinc, for a total of 1,857,966 silver equivalent ounces (SEO). During the quarter ended Sept. 30, 2026, Parral produced 529,719 SEO, an increase of 11 per cent from 477,464 in the quarter ended June 30, 2026.

"Parral has delivered another strong quarter for us, adding cash to the balance sheet and we ended the year with a balance of $288-million (U.S.). With construction at Los Ricos South having commenced in August and after taking account of significant spending in the quarter on the build, we were able to increase our cash balance during the quarter due to Parral's strong performance," Brad Langille, president and chief executive officer stated. "Construction continues to progress as planned and the company will be providing frequent updates over the following months. With more than 80 per cent of the detailed engineering completed prior to ground breaking and such a strong balance sheet, the company is focused on strong execution."

Silver production increased by 18 per cent in 2026 compared with 2025, while gold decreased by 5 per cent over the same period. SEO produced in 2026 decreased by 14 per cent, which was significantly impacted by the increase in silver price relative to gold during the year, resulting in a decrease from 90 to 66 in the gold: silver ratio. For comparative purposes, applying the 2025 silver equivalency ratios for gold, copper and zinc to the 2026 production figures would have resulted in 2,184,844 SEO -- a 2-per-cent increase from 2025 to 2026.

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 with 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 project, which is in development with a construction decision approved by the board, and Los Ricos North exploration and development project, both 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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