GoGold Reports Q3 Production at Parral of 555,500 Silver Equivalent Ounces
GoGold Resources (OTCQX:GLGDF) reported strong Q2 2025 production results from its Parral operation, achieving 555,500 silver equivalent ounces. The production breakdown includes 201,616 silver ounces, 3,100 gold ounces, 128 tonnes of copper, and 140 tonnes of zinc.
The company's CEO Brad Langille highlighted that Parral's cash flow is strengthening their balance sheet and funding general expenses and exploration at Los Ricos. The company is awaiting final permits for Los Ricos South construction while maintaining operational momentum at Parral, positioning them favorably for upcoming mine development.
GoGold Resources (OTCQX:GLGDF) ha riportato solidi risultati produttivi nel secondo trimestre 2025 dalla sua operazione di Parral, raggiungendo 555.500 once equivalenti di argento. La produzione si compone di 201.616 once di argento, 3.100 once di oro, 128 tonnellate di rame e 140 tonnellate di zinco.
Il CEO Brad Langille ha sottolineato che il flusso di cassa di Parral sta rafforzando il bilancio aziendale e finanziando le spese generali e l’esplorazione a Los Ricos. L’azienda attende i permessi finali per la costruzione di Los Ricos South, mantenendo al contempo lo slancio operativo a Parral, posizionandosi favorevolmente per lo sviluppo futuro della miniera.
GoGold Resources (OTCQX:GLGDF) reportó sólidos resultados de producción en el segundo trimestre de 2025 en su operación Parral, alcanzando 555,500 onzas equivalentes de plata. La producción incluye 201,616 onzas de plata, 3,100 onzas de oro, 128 toneladas de cobre y 140 toneladas de zinc.
El CEO Brad Langille destacó que el flujo de caja de Parral está fortaleciendo el balance general de la compañía y financiando los gastos generales y la exploración en Los Ricos. La empresa está a la espera de los permisos finales para la construcción de Los Ricos South, mientras mantiene el impulso operativo en Parral, posicionándose favorablemente para el desarrollo minero próximo.
GoGold Resources (OTCQX:GLGDF)는 2025년 2분기 Parral 광산에서 강력한 생산 실적을 보고하며 555,500 은 환산 온스를 달성했습니다. 생산 내역은 은 201,616 온스, 금 3,100 온스, 구리 128톤, 아연 140톤을 포함합니다.
CEO 브래드 랭길은 Parral의 현금 흐름이 재무 상태를 강화하고 Los Ricos에서의 일반 경비 및 탐사를 지원하고 있다고 강조했습니다. 회사는 Los Ricos South 건설을 위한 최종 허가를 기다리는 한편 Parral에서의 운영 모멘텀을 유지하여 향후 광산 개발에 유리한 위치를 확보하고 있습니다.
GoGold Resources (OTCQX:GLGDF) a annoncé de solides résultats de production pour le deuxième trimestre 2025 de son site de Parral, atteignant 555 500 onces équivalentes argent. La production se décompose en 201 616 onces d'argent, 3 100 onces d'or, 128 tonnes de cuivre et 140 tonnes de zinc.
Le PDG Brad Langille a souligné que la trésorerie générée par Parral renforce leur bilan et finance les dépenses générales ainsi que l'exploration à Los Ricos. L'entreprise attend les permis finaux pour la construction de Los Ricos South tout en maintenant l'élan opérationnel à Parral, ce qui les positionne favorablement pour le développement futur de la mine.
GoGold Resources (OTCQX:GLGDF) meldete starke Produktionszahlen für das zweite Quartal 2025 aus seiner Parral-Operation und erreichte 555.500 Silberäquivalente Unzen. Die Produktionsaufteilung umfasst 201.616 Unzen Silber, 3.100 Unzen Gold, 128 Tonnen Kupfer und 140 Tonnen Zink.
Der CEO Brad Langille betonte, dass der Cashflow von Parral die Bilanz des Unternehmens stärkt und die allgemeinen Ausgaben sowie die Exploration in Los Ricos finanziert. Das Unternehmen wartet auf die endgültigen Genehmigungen für den Bau von Los Ricos South und hält gleichzeitig das operative Momentum in Parral aufrecht, was sie für die bevorstehende Minenentwicklung gut positioniert.
- Achieved strong production of 555,500 silver equivalent ounces in Q2 2025
- Parral's cash flow is funding operations and exploration activities
- Strong balance sheet positions company well for Los Ricos South mine development
- Consistent quarterly production performance with stable metal output
- Slight decrease in silver production from 210,289 oz in Q1 to 201,616 oz in Q2 2025
- Gold production declined from 3,279 oz in Q1 to 3,100 oz in Q2 2025
- Still awaiting final permit for Los Ricos South construction
Halifax, Nova Scotia--(Newsfile Corp. - July 9, 2025) - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") 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
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1683/258188_d6082430e4af384a_001full.jpg
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 |
| ||||||
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 project, the Los Ricos project, 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 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 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258188
FAQ
What was GoGold Resources (GLGDF) silver equivalent production in Q2 2025?
How does GLGDF's Q2 2025 production compare to previous quarter?
What is the status of GoGold's Los Ricos South project?
How is GoGold funding its Los Ricos exploration and development?
What metals does GoGold Resources produce?
