GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) is pleased to report production for its fiscal year ending September 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. During the quarter ended September 30, 2026, Parral produced 529,719 SEO, an increase of 11% 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 US$288 million. 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 CEO stated. “Construction continues to progress as planned and the Company will be providing frequent updates over the following months. With more than 80% of the detailed engineering completed prior to ground breaking and such a strong balance sheet, the company is focused on strong execution.”
Table 1: Annual Production Summary
| Quarter Ended | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | Sep 2026 |
| Silver Production (oz) | 741,772 | 706,891 | 553,381 | 851,102 | 1,000,242 |
| Gold Production (oz) | 10,708 | 7,032 | 8,700 | 12,289 | 11,647 |
| Copper Production (tonnes) | 469 | 615 | 468 | 476 | 326 |
| Zinc Production (tonnes) | – | – | 316 | 609 | 466 |
| Silver Equivalent Production (oz)1 | 1,810,326 | 1,517,264 | 1,482,406 | 2,150,192 | 1,858,132 |
Silver production increased by 18% in 2026 compared to 2025, while gold decreased by 5% over the same period. SEO produced in 2026 decreased by 14%, 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% increase from 2025 to 2026.
Table 2: Quarterly Production Summary
| Quarter Ended | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
| Silver Production (oz) | 201,616 | 212,854 | 205,104 | 230,680 | 268,673 | 295,785 |
| Gold Production (oz) | 3,100 | 2,697 | 2,914 | 2,549 | 3,036 | 3,148 |
| Copper Production (tonnes) | 128 | 110 | 96 | 84 | 88 | 58 |
| Zinc Production (tonnes) | 140 | 150 | 150 | 93 | 116 | 107 |
| Silver Equivalent Production (oz)1 | 555,500 | 487,876 | 456,179 | 394,605 | 477,464 | 529,884 |
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 : steve@gogoldresources.com
Or visit : www.gogoldresources.com
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