GoGold Presents Its Annual ESG Sustainability Report
GoGold Presents Its Annual ESG Sustainability Report
Shares Outstanding: 295,706,006
Trading Symbols: TSX: GGD
OTCQX: GLGDF
HALIFAX, NS
,
Oct. 5, 2022
/CNW/ -
GoGold Resources Inc.
(TSX: GGD) (OTCQX: GLGDF)
("GoGold", "the
Company")
is pleased to present its second annual Sustainability Report that sets out the Company's performance and
achievements with respect to its environmental, social and governance ("ESG") practices.
"We're pleased to release our second annual Sustainability Report which outlines our performance and achievements
related to ESG practices. Silver continues to be a metal that is a key component of the emerging green economy.
Our partnership with the Town of Parral to help remediate their land produces silver at a low carbon footprint of 0.006
tCO
2
e per ounce of silver equivalent produced," said
Brad Langille
, President and CEO. "Over the past year, we have
made substantial progress toward our ESG goals. We took action to improve our governance, which our stakeholders
told us was a priority. We promoted dialogue internally to discuss how we could improve our business even further,
including topics related to ESG. Our philosophy has always been to do business in a way that not only helps our
communities and employees thrive, but that also protects natural ecosystems while increasing long term shareholder
value."
The full update is available for download at
www.gogoldresources.com/sustainability/
Highlights of the Report:
0.006 tCO
2
e per oz of silver equivalent produced
0.004 tCO
2
e per tonne of ore processed
9,500 hours of safety and professional development training
Awarded the ESR distinction (Empresa Socialmente Responsables – Corporate Social Responsibility)
$17.1 million USD
spent in local purchases, including
$422,000
in community investment
Adoption of new policies related to Environment, Human Rights, Diversity Equity and Inclusion, Climate Change,
and Water Resources
Appointment of
Karen Flores
as Director and head of ESG Committee
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 and Los Ricos North exploration projects 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
.
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 GoGold's future plans in the areas of sustainable development, health, safety, environment, community
development, the Los Ricos South and North projects, and future plans and objectives of GoGold, including the intention
to undertake further exploration at Los Ricos North, and the prospect of further discoveries there, 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 project. 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 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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SOURCE
GoGold Resources Inc.
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%SEDAR: 00029249E
For further information:
please contact: Steve Low, Corporate Development, GoGold Resources, T: 416 855 0435,
CO: GoGold Resources Inc.
CNW 07:30e 05-OCT-22