GoGold Annual Production Increases 45%
GoGold (OTCQX: GLGDF) reported a 45% increase in annual production for the year ended Sept 30, 2025, to 2,150,192 silver-equivalent ounces. Metal breakdown: 851,102 oz silver, 12,289 oz gold, 476 t copper, and 609 t zinc. The company reported a year-end cash balance of $141 million USD and cited strong cash flow from the Parral operation. Annual metal conversion ratios and quarterly production tables were provided, with quarterly silver-equivalent production of 487,876 oz in Sep 2025.
This release includes NI 43-101 qualified-person attribution for Parral technical information.
GoGold (OTCQX: GLGDF) ha riportato un aumento del 45% della produzione annuale per l'anno chiuso al 30 settembre 2025, a 2.150.192 once equivalenti in argento. Ripartizione dei metalli: 851.102 oz di argento, 12.289 oz di oro, 476 t di rame e 609 t di zinco. L'azienda ha riportato un saldo di cassa di fine anno di 141 milioni di USD e ha citato un forte flusso di cassa dall'operazione Parral. Sono stati forniti rapporti annuali di conversione dei metalli e tabelle di produzione trimestrale, con una produzione trimestrale equivalente in argento di 487.876 oz a settembre 2025. Questo comunicato include l'attribuzione NI 43-101 del perito qualificato per i dati Parral.
GoGold (OTCQX: GLGDF) informó un aumento del 45% en la producción anual para el año terminado el 30 de septiembre de 2025, a 2,150,192 oz equivalentes de plata. Desglose de metales: 851,102 oz de plata, 12,289 oz de oro, 476 t de cobre y 609 t de zinc. La empresa reportó un saldo de caja al cierre del año de 141 millones de USD y citó un sólido flujo de efectivo de la operación Parral. Se proporcionaron razones de conversión anual de metales y tablas de producción trimestral, con una producción trimestral equivalente en plata de 487,876 oz en sep 2025. Este comunicado incluye la atribución de persona calificada NI 43-101 para la información técnica de Parral.
GoGold (OTCQX: GLGDF) 는 2025년 9월 30일로 종료된 연도에 대해 연간 생산이 45% 증가하여 2,150,192 은등가 온스로 증가했다고 보고했습니다. 금속 구성: 851,102 oz 은, 12,289 oz 금, 476 t 구리, 609 t 아연. 회사는 연말 현금 잔고를 1억4100만 달러로 보고했고 Parral 운영의 강한 현금 흐름을 인용했습니다. 연간 금속 환산비율 및 분기별 생산표가 제공되었으며 2025년 9월 분기 은등가 생산은 487,876 oz였습니다. 이 발표에는 Parral 기술 정보에 대한 NI 43-101 적격자 귀속이 포함되어 있습니다.
GoGold (OTCQX: GLGDF) a annoncé une augmentation de 45% de la production annuelle pour l’exercice clos le 30 septembre 2025, à 2 150 192 onces équivalentes argent. Répartition des métaux : 851 102 oz d’argent, 12 289 oz d’or, 476 t de cuivre et 609 t de zinc. L’entreprise a indiqué une trésorerie de fin d’exercice de 141 millions de dollars US et a évoqué un flux de trésorerie important provenant de l’opération Parral. Des ratios de conversion annuels des métaux et des tableaux de production trimestriels ont été fournis, avec une production trimestrielle équivalente en argent de 487 876 oz en septembre 2025. Ce communiqué inclut l’attribution NI 43-101 du spécialiste qualifié pour les informations techniques de Parral.
GoGold (OTCQX: GLGDF) meldete eine 45%-ige Steigerung der Jahresproduktion für das zum 30. September 2025 abgeschlossene Geschäftsjahr auf 2.150.192 Silberäquivalenz-Unzen. Aufschlüsselung der Metalle: 851.102 oz Silber, 12.289 oz Gold, 476 t Kupfer und 609 t Zink. Das Unternehmen meldete einen Jahres-Endbestand an Barmitteln von 141 Millionen USD und verwies auf starken Cashflow aus dem Parral-Betrieb. Jahresmetallumrechnungsraten und Quartalsproduktions tabellen wurden bereitgestellt, mit einer quartalsweisen Silberäquivalenzproduktion von 487.876 oz im September 2025. Diese Mitteilung enthält die NI 43-101-zertifizierte Attribute für Parral-Technikinformationen.
GoGold (OTCQX: GLGDF) أبلغت عن زيادة قدرها 45% في الإنتاج السنوي للسنة المنتهية في 30 سبتمبر 2025، ليصل إلى 2,150,192 أونصة مكافئة من الفضة. توزيع المعادن: 851,102 أونصة فضة، 12,289 أونصة ذهب، 476 طنًا من النحاس، و609 طن من الزنك. ذكرت الشركة رصيداً نقدياً عند نهاية السنة قدره 141 مليون دولار أمريكي وأشارت إلى تدفق نقدي قوي من عملية Parral. تم توفير نسب تحويل المعادن السنوية وجداول الإنتاج الربعية، مع إنتاج ربعي مكافئ من الفضة قدره 487,876 أونصة في سبتمبر 2025. يحتوي هذا البيان على نسبة NI 43-101 المؤهلة للمعلومات الفنية الخاصة بـ Parral.
GoGold (OTCQX: GLGDF) 报告显示截至2025年9月30日的年度生产同比增长45%,达到 2,150,192 盎司银当量。金属分解:851,102 oz 银、12,289 oz 金、476 吨 铜、609 吨 锌。公司报告年末现金余额为 1.41 亿美元,并提及 Parral 运营带来的强劲现金流。提供了年度金属换算比和季度产量表,2025年9月季度银当量产量为 487,876 oz。本公告包含 Parral 技术信息的 NI 43-101 合格人员认证。
- Production +45% YoY to 2,150,192 AgEq oz
- Silver production +53.8% YoY to 851,102 oz
- Gold production +41.2% YoY to 12,289 oz
- Zinc production +92.7% YoY to 609 t
- Year-end cash balance of $141 million USD
- Quarterly silver-equivalent production down 12.2% QoQ to 487,876 oz (Sep 2025 vs Jun 2025)
- Quarterly gold production fell 17.8% from 3,279 oz (Mar 2025) to 2,697 oz (Sep 2025)
Halifax, Nova Scotia--(Newsfile Corp. - October 16, 2025) - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to report a
"Parral delivered an excellent year for the Company, with production up
Table 1: Annual Production Summary
Quarter Ended | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 |
Silver Production (oz) | 1,315,661 | 1,138,358 | 741,772 | 706,891 | 553,381 | 851,102 |
Gold Production (oz) | 10,089 | 13,447 | 10,708 | 7,032 | 8,700 | 12,289 |
Copper Production (tonnes) | 260 | 470 | 469 | 615 | 468 | 476 |
Zinc Production (tonnes) | - | - | - | - | 316 | 609 |
Silver Equivalent Production (oz)1 | 2,295,416 | 2,270,073 | 1,810,326 | 1,517,264 | 1,482,406 | 2,150,192 |
- "Silver equivalent production" include gold ounces, copper tons and zinc 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: 2020 - 89, 2021 - 72, 2022 - 82, 2023 - 83, 2024 - 88, 2025 - 90. The copper:silver ratio for the periods presented were: 2020 - 302, 2021 - 348, 2022 - 410, 2023 - 373, 2024 - 345, 2025 - 296. The zinc:silver ratios were: 2024 - 99, 2025 - 85.
Table 2: Quarterly Production Summary
Quarter Ended | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
Silver Production (oz) | 138,708 | 167,001 | 226,343 | 210,289 | 201,616 | 212,854 |
Gold Production (oz) | 2,436 | 2,232 | 3,213 | 3,279 | 3,100 | 2,697 |
Copper Production (tonnes) | 148 | 132 | 121 | 117 | 128 | 110 |
Zinc Production (tonnes) | 125 | 100 | 161 | 157 | 140 | 150 |
Silver Equivalent Production (oz)1 | 400,236 | 406,150 | 551,337 | 555,479 | 555,500 | 487,876 |
- "Silver equivalent production" include gold ounces, copper tons and zinc 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: Jun 2024 - 86, Sep 2024 - 88, Dec 2024 - 90, Mar 2025 - 90, Jun 2025 - 98, Sep 2025 - 88. The copper:silver ratios were: Jun 2024 - 346, Sep 2024 - 320, Dec 2024 - 299, Mar 2025 - 318, Jun 2025 - 311, Sep 2025 - 251. The zinc:silver ratios were: Jun 2024 - 98, Sep 2024 - 94, Dec 2024 - 97, Mar 2025 - 89, Jun 2025 - 79, Sep 2025 - 72.
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 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. 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
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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