GoGold Announces 21% Increase in Parral Production
GoGold Announces 21% Increase in Parral
Production
Halifax, Nova Scotia--(Newsfile Corp. - July 9, 2026) -
GoGold Resources Inc. (TSX: GGD) (OTCQX:
GLGDF) ("GoGold", "the Company")
is pleased to report production for its third quarter ending June
30, 2026, of 268,673 silver ounces, 3,036 gold ounces, 88 tonnes of copper, and 116 tonnes of zinc, for
a total of 477,464 silver equivalent ounces ("SEO"), an increase of 21% from its second quarter ending
March 31, 2026.
"The Parral tailings mine had another excellent quarter for the company, with production increasing by
21% compared to the previous quarter and quarterly silver production at a five year high. Parral
continues to generate substantial cash flows, with our cash balance increasing in the quarter by
approximately $22 million to $284 million USD, we are fully financed for the upcoming build and have no
debt," Brad Langille, President and CEO stated.
"With our permit in hand at Los Ricos South and a
positive construction decision from the board, we are well positioned to create long-term benefits for all
stakeholders."
Table 1: Quarterly Production Summary
Quarter Ended
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Silver Production (oz)
210,289
201,616
212,854
205,104
230,680
268,673
Gold Production (oz)
3,279
3,100
2,697
2,914
2,549
3,036
Copper Production (tonnes)
117
128
110
96
84
88
Zinc Production (tonnes)
157
140
150
150
93
116
Silver Equivalent Production (oz)
1
555,479
555,500
487,876
456,179
394,605
477,464
1
.
"Silver equivalent production" include gold ounces, copper tonnes and zinc tonnes produced and converted to a silver equivalent based on a
ratio of the average market metal price for each period.
The gold:silver ratio for each of the periods presented were:
Mar 2025 - 90, Jun
2025 - 98, Sep 2025 - 88, Dec 2025 - 76, Mar 2026 - 58, Jun 2026 - 62.
The copper:silver ratios were: Mar 2025 - 318, Jun 2025 - 311, Sep
2025 - 251, Dec 2025 - 204, Mar 2026 - 152, Jun 2026 - 181. The zinc:silver ratios were: Mar 2025 - 89, Jun 2025 - 79, Sep 2025 - 72, Dec
2025 - 59, Mar 2026 - 38, Jun 2026 - 48.
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 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, NS, GoGold is building a portfolio of low
cost, high margin projects. For more information visit
gogoldresources.com
.
For further information, please contact:
Steve Low, Corporate Development
GoGold Resources Inc.
T: 416 855 0435
Email :
Or visit :
www.gogoldresources.com
CAUTIONARY STATEMENT:
The securities described herein have not been, and will not be, registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not
be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in
Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of
the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom. This
release does not constitute an offer to sell or a solicitation of an offer to buy of any of GoGold's securities
in the United States.
This news release may contain "forward-looking information" as defined in applicable Canadian
securities legislation. All statements other than statements of historical fact, included in this release,
including, without limitation, statements regarding the Parral tailings mine, the Los Ricos projects, future
operating margins, future production and processing, and future plans and objectives of GoGold,
constitute forward looking information that involve various risks and uncertainties. Forward-looking
information is based on a number of factors and assumptions which have been used to develop such
information but which may prove to be incorrect, including, but not limited to, assumptions in connection
with the continuance of GoGold and its subsidiaries as a going concern, general economic and market
conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the
Parral tailings mine. There can be no assurance that such information will prove to be accurate and
actual results and future events could differ materially from those anticipated in such forward-looking
information.
Important factors that could cause actual results to differ materially from GoGold's expectations include
exploration and development risks associated with the GoGold's projects, the failure to establish
estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery
rates, and global economic conditions. For additional information with respect to risk factors applicable
to GoGold, reference should be made to GoGold's continuous disclosure materials filed from time to
time with securities regulators, including, but not limited to, GoGold's Annual Information Form. The
forward-looking information contained in this release is made as of the date of this release.
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https://www.newsfilecorp.com/release/304511