GoGold Announces 21% Increase in Parral Production

GoGold Resources Inc. (GGD) announced production results for the third quarter of fiscal 2026 from its Parral tailings mine. Silver equivalent output rose 21% quarter-over-quarter to 477,464 ounces, driven by silver production of 268,673 ounces, a five-year high. The company also reported gold output of 3,036 ounces, copper of 88 tonnes, and zinc of 116 tonnes.

The company’s cash balance increased by approximately $22 million to $284 million USD. GoGold remains debt-free and reiterated that the Los Ricos South construction permit is in hand and the board has approved the project. No cost metrics or financial results beyond the cash balance were provided.

GoGold Resources Inc. (GGD) reported a 21% sequential increase in production, pushing silver-equivalent output to a new 12-month high. The company also confirmed permit and construction approval, which were originally disclosed in June 2026.

Third-quarter silver-equivalent production reached 477,000 ounces, compared to 456,000 ounces in the first quarter. No cost or margin data were supplied, so underlying cash-flow generation cannot be directly verified beyond the quarter-end cash level.

GoGold Resources Inc. (GGD) is a Canadian-based producer operating three projects in Mexico: the producing Parral tailings mine in Chihuahua, the development-stage Los Ricos South project in Jalisco, and the exploration-stage Los Ricos North project in Jalisco. The company’s primary exposure is to silver, with gold, copper, and zinc produced as by-products.

The Parral operation is a low-cost tailings facility with an estimated four to five years of remaining life. Meanwhile, Los Ricos South is a fully permitted bulk tonnage underground mine with a 24-month construction timeline to first pour. GoGold maintains a strong balance sheet with $284 million in cash and no debt, while management aims to become a mid-tier silver producer.