GoGold Resources earns $8.2-million (U.S.) in fiscal Q3

Executive Summary

• GoGold Resources reported Q3 2025 net income of $8.2 M USD, with cash balances rising to $139 M after a $57 M financing.
• Revenue of $17.7 M was generated from the sale of 555,933 silver‑equivalent ounces at an average realized price of $33.54/oz.
• Operating cash flow of $7.2 M and strong cash generation (over $20 M in nine months) position the company to fund upcoming Los Ricos South permitting.

Key Details

• Cash Position: $139 M at quarter end, up $61 M versus prior period, driven by a $57 M financing.
• Financing: $57 M raised during the quarter (details of structure not disclosed in release).
• Revenue: $17.7 M from sale of 555,933 silver‑equivalent ounces; average realized price $33.54 per ounce.
• Production: 555,500 silver‑equivalent ounces comprising:
• 201,616 silver ounces
• 3,100 gold ounces
• 128 t copper
• 140 t zinc
• Net Income: $8.2 M for the quarter ended June 30, 2025.
• Cash Flow from Operations: $7.2 M (operating cash flow).
• Cost Metrics:
• Cash cost per silver‑equivalent ounce: $17.21
• All‑in sustaining cost per silver‑equivalent ounce: $22.78
• Management Commentary: President & CEO Brad Langille highlighted that Parral tailings continues to generate significant cash flow, enabling the company to be well‑capitalized for upcoming Los Ricos South permitting.
• Technical Review: Technical information reviewed and approved by Bob Harris, PEng (qualified person under NI 43‑101).

Notable Quotes

“Parral continued to generate significant cash flow for the company during the quarter, driving operating cash flow of $7‑million which is exceeding our spending at Los Ricos and corporate costs. Our revenues for the year to date are more than double that of last year… With our strong cash flow generation and our cash position of $139‑million we are well capitalized as we anticipate a permit for our Los Ricos South project.” – Brad Langille, President & CEO.