Northwire Canada EditionTuesday, July 28, 2026
Sign inSubscribe
Northwire
⌕
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Production / Operations

GoGold Annual Production Increases 45%

By The Northwire Desk — AI Analysis Oct 16, 2025 · 08:02 GGD · 2.87 GoGold Resources Inc.
GGD · Price

Executive Summary

  • GoGold Resources reports a 45% increase in total production for the year ended September 30, 2025, reaching 2.15 million silver‑equivalent ounces.
  • Year‑end cash balance stands at US$141 million, providing flexibility for upcoming mine build and further exploration at Los Ricos projects.
  • Quarterly production remained strong throughout 2024‑2025, with notable increases in zinc output (609 t in FY 2025 vs. 316 t in FY 2024).

Key Details

  • Annual Production (FY 2025):
  • Silver: 851,102 oz
  • Gold: 12,289 oz
  • Copper: 476 t
  • Zinc: 609 t

  • Total silver‑equivalent: 2,150,192 oz (45% increase vs. FY 2024)

  • Quarterly Highlights (FY 2025):

  • Q2 2025 – Silver 201,616 oz; Gold 3,100 oz; Copper 128 t; Zinc 140 t; SE 555,500 oz

  • Q3 2025 – Silver 212,854 oz; Gold 2,697 oz; Copper 110 t; Zinc 150 t; SE 487,876 oz

  • Historical Comparison (Silver‑equivalent):

  • FY 2024: 1,482,406 oz → FY 2025: 2,150,192 oz

  • Metal Price Ratios Used for Silver‑Equivalent Conversion (FY 2025):

  • Gold‑to‑Silver ratio: 90
  • Copper‑to‑Silver ratio: 296

  • Zinc‑to‑Silver ratio: 85

  • Cash Position: US$141 million at year end, supporting mine‑build and exploration activities.

  • Operational Outlook: CEO Brad Langille emphasizes strong cash flow, a robust balance sheet, and readiness to advance Los Ricos South construction and explore Los Ricos North.

  • Qualified Person: Mr. Robert Harris, P.Eng., NI 43‑101 qualified for technical information.

Notable Quotes

“Parral delivered an excellent year for the Company, with production up 45% from 2024 to 2025… Our very strong balance sheet… provides flexibility to advance Los Ricos North and explore around our mine reserves as we approach the execution phase at Los Ricos South.” – Brad Langille, President & CEO.

Read the original news release →

More from GoGold Resources Inc.

Jul 09, 2026 · 08:01

GoGold’s Parral project hit a five-year silver high while its cash pile swelled to $284m, fully financing the Los Ricos South build.

Production / Operations Jul 06, 2026 · 06:20

GoGold secures permits for the self-funded Los Ricos South project, clearing the path for construction.

Production / Operations Jun 08, 2026 · 07:31

GoGold secured the final permit for the LRS project, with Parral cash flow fully funding the build despite cost creep and price pullback.

Other May 06, 2026 · 08:31

Tagline: GoGold Cash Reserves Clear Hurdle for Mexico Mine Build

Earnings Apr 15, 2026 · 07:31

GoGold Confirms Full Financing for Los Ricos South Build Despite Q2 Production Dip

Production / Operations Feb 23, 2026 · 17:17

GoGold moves Los Ricos South toward build

Production / Operations