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GoGold Reports Q3 Production at Parral of 555,500 Silver Equivalent Ounces

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GoGold Reports Q3 Production at Parral of 555,500 Silver Equivalent Ounces

 

 

 

 

 

GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) is pleased to report production for the quarter ending June 30, 2025 of 555,500 silver equivalent ounces, consisting of 201,616 silver ounces, 3,100 gold ounces, 128 tonnes of copper, and 140 tonnes of zinc.

 

“Parral provided another quarter of strong production results. Its cash flow continues to increase our cash position and pay for our general and administrative expenses as well as exploration and engineering at Los Ricos while we await our final permit and the anticipated start of construction at Los Ricos South,” said Brad Langille, President and CEO. “Our very strong balance sheet, together with the continued robust Parral cash flow, has put us in an excellent position for our upcoming mine build. It also provides flexibility to advance Los Ricos North and explore around our mine reserves as we approach the execution phase at Los Ricos South.”

 

Figure 1: Quarterly Production Summary

 

Table 1: Quarterly Production Summary

 

Quarter Ended Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Silver Production (oz) 138,657 138,708 167,001 226,343 210,289 201,616
Gold Production (oz) 2,184 2,436 2,232 3,213 3,279 3,100
Copper Production (tonnes) 93 148 132 121 117 128
Zinc Production (tonnes) 92 125 100 161 157 140
Silver Equivalent Production (oz)1 375,745 400,236 406,150 551,337 555,479 555,500
  1. “Silver equivalent production” include gold ounces and copper tons 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 2024 – 93, Jun 2024 – 86, Sep 2024 – 88, Dec 2024 – 90, Mar 2025 – 90, Jun 2025 – 98. The copper:silver ratios were: Mar 2024 – 365, Jun 2024 – 346, Sep 2024 – 320, Dec 2024 – 299, Mar 2025 – 318, Jun 2025 – 311. The zinc:silver ratios were: Mar 2024 – 104, Jun 2024 – 98, Sep 2024 – 94, Dec 2024 – 97, Mar 2025 – 89, Jun 2025 – 79.

 

 

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 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, NS, GoGold is building a portfolio of low cost, high margin projects.

 

Posted July 9, 2025

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