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GoGold Resources Inc. reports news on its silver and gold operations and project development in Mexico. The Canadian-based producer operates the Parral tailings mine in Chihuahua and holds the Los Ricos South and Los Ricos North exploration and development projects in Jalisco.
Recurring updates cover Parral production in silver equivalent ounces, sales of silver, gold, copper and zinc, revenue and operating cash flow, Los Ricos South development work, technical disclosures under NI 43-101, annual meeting results, and investor conference participation.
GoGold Resources (GLGDF) reported on-schedule construction progress at its Los Ricos South silver-gold project in Jalisco, Mexico, with first silver pour reiterated for Q2 2028.
The company has US$284 million in cash and states the project is fully funded with no debt or additional equity required, supported by cash flow from the Parral mine. Internal estimates, based on US$60/oz silver and US$4,200/oz gold, forecast peak cash outlay in Q3 2027 while maintaining at least US$130 million in cash during construction. GoGold has spent US$15 million to date, has over 150 contractors on site, all long-lead equipment ordered, plant design 90% complete, and an underground mining contractor (Cominvi) selected to mobilize in Q4 2026.
GoGold Resources (OTCQX: GLGDF, TSX: GGD) has begun site construction at its Los Ricos South silver-gold project in Jalisco, Mexico, following a 2025 feasibility study and a project permit granted in June 2026. The company reports it is fully financed, with a cash position of US$284 million, strong cash flow from its Parral operation, and no debt as construction starts.
Key milestones include selection of an underground mining contractor, portal construction planned for Q4 2026 and initial mine development in January 2027, detailed plant design approximately 85% complete, all critical long-lead equipment ordered, and first silver and gold pour targeted for June 2028.
GoGold Resources (OTCQX: GLGDF, TSX: GGD) reported Q3 2026 (three months ended June 30, 2026) revenue of $27.8 million, up from $17.7 million a year earlier, on sales of 419,986 silver equivalent ounces (SEO). Operating income was $10.6 million and net income $10.9 million, with basic EPS of $0.025.
Operating cash flow reached a record $26.3 million, aided by a $15.5 million positive working capital adjustment. The Parral operation produced 477,464 SEO, including 268,673 silver ounces, 3,036 gold ounces, 88 tonnes of copper and 116 tonnes of zinc. GoGold held $284 million in cash at quarter-end, exceeding the $227 million initial capital expenditure estimate for the recently permitted Los Ricos South project.
For Q3 2026, all-in sustaining cost was $40.78 per SEO and cash cost $24.07 per SEO. Management noted AISC was affected by stronger silver prices changing equivalency ratios and by a $2.5 million non-cash stock-based award fair value adjustment.
GoGold Resources (OTCQX: GLGDF) reported third-quarter 2026 Parral production of 268,673 silver ounces, 3,036 gold ounces, 88 tonnes of copper and 116 tonnes of zinc, totaling 477,464 silver equivalent ounces, a 21% increase from second quarter 2026.
According to GoGold, Parral delivered a five‑year high in quarterly silver output. The company reported cash rising by about $22 million to $284 million USD, stated it has no debt, and indicated it is fully financed for the upcoming Los Ricos South build following a positive construction decision and receipt of permits.
GoGold Resources (OTCQX: GLGDF) released its sixth annual 2025 Sustainability Report, detailing ESG performance from January 1 to December 31, 2025, based on Global Reporting Initiative guidelines.
Highlights include multiple Mexican CSR and labor awards, $20.2 million in local purchases, and a board change with director Jorge Aguirre resigning effective June 30, 2026.
GoGold (OTCQX: GLGDF) announced that Mexico’s federal environmental agency SEMARNAT has granted all permits and approvals needed to construct the Los Ricos South bulk tonnage underground mine in Jalisco.
The board approved a construction decision, with development expected to take about 24 months from commencement to first pour, emphasizing environmental, social, and safety standards.
GoGold Resources (OTCQX: GLGDF, TSX: GGD) will present at Deutsche Goldmesse Spring 2026 in Frankfurt on May 15–16, 2026 at The Westin Grand Frankfurt.
Company management will hold investor meetings and present to European investors. Registration is available online at the conference website.
GoGold (OTCQX: GLGDF) reported record quarterly operating cash flow of $21.2 million for Q2 FY2026 on revenue of $30.3 million from 383,695 silver equivalent ounces sold. Cash totaled $262.2 million; net income was $16.4 million; production was 394,605 SEO.
Los Ricos South initial capital of $227 million is funded by cash plus operating cash flow, and management says permitting is the remaining step before development.
GoGold (OTCQX: GLGDF) reported Q2 (ended Mar 31, 2026) Parral production of 230,680 oz silver, 2,549 oz gold, 84 t copper and 93 t zinc, totaling 394,605 silver equivalent ounces (SEO).
The company said cash increased by approximately $16M to $261M USD, and management noted that an initial Los Ricos South capex of $227M is covered by the current cash balance and ongoing Parral cash flows; remaining Parral mine life is stated as 4–5 years.
GoGold Resources (OTCQX: GLGDF) announced results from its annual meeting held on March 26, 2026. Shareholders re-elected seven directors by majority votes and re-appointed PricewaterhouseCoopers LLP as auditors until the next annual meeting.
The press release includes vote counts and percentages for each director election.