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GoGold Resources Inc. reports news on its silver and gold operations and project development in Mexico. The Canadian-based producer operates the Parral tailings mine in Chihuahua and holds the Los Ricos South and Los Ricos North exploration and development projects in Jalisco.
Recurring updates cover Parral production in silver equivalent ounces, sales of silver, gold, copper and zinc, revenue and operating cash flow, Los Ricos South development work, technical disclosures under NI 43-101, annual meeting results, and investor conference participation.
GoGold (OTCQX: GLGDF) announced that Mexico’s federal environmental agency SEMARNAT has granted all permits and approvals needed to construct the Los Ricos South bulk tonnage underground mine in Jalisco.
The board approved a construction decision, with development expected to take about 24 months from commencement to first pour, emphasizing environmental, social, and safety standards.
GoGold Resources (OTCQX: GLGDF, TSX: GGD) will present at Deutsche Goldmesse Spring 2026 in Frankfurt on May 15–16, 2026 at The Westin Grand Frankfurt.
Company management will hold investor meetings and present to European investors. Registration is available online at the conference website.
GoGold (OTCQX: GLGDF) reported record quarterly operating cash flow of $21.2 million for Q2 FY2026 on revenue of $30.3 million from 383,695 silver equivalent ounces sold. Cash totaled $262.2 million; net income was $16.4 million; production was 394,605 SEO.
Los Ricos South initial capital of $227 million is funded by cash plus operating cash flow, and management says permitting is the remaining step before development.
GoGold (OTCQX: GLGDF) reported Q2 (ended Mar 31, 2026) Parral production of 230,680 oz silver, 2,549 oz gold, 84 t copper and 93 t zinc, totaling 394,605 silver equivalent ounces (SEO).
The company said cash increased by approximately $16M to $261M USD, and management noted that an initial Los Ricos South capex of $227M is covered by the current cash balance and ongoing Parral cash flows; remaining Parral mine life is stated as 4–5 years.
GoGold Resources (OTCQX: GLGDF) announced results from its annual meeting held on March 26, 2026. Shareholders re-elected seven directors by majority votes and re-appointed PricewaterhouseCoopers LLP as auditors until the next annual meeting.
The press release includes vote counts and percentages for each director election.
GoGold (OTCQX: GLGDF) has advanced Los Ricos South to execution phase with detailed design work and long‑lead orders underway. Key engineering milestones: plant design 55% complete, SART design 70% complete, underground contractor selected, paste plant design contract issued, and water and geotech programs finished.
The company says it holds approximately $250 million USD in cash and expects to commence site construction once required permits are issued.
GoGold (OTCQX: GLGDF) reported record quarterly results for the period ended December 31, 2025, with $31.1 million revenue (+62% vs prior record) and record operating cash flow of $9.7 million. The quarter produced 456,179 silver equivalent ounces and net income of $13.3 million. Cash totaled $245.6 million, which management says positions the company to advance the Los Ricos build while awaiting final permits.
Key unit metrics: 486,928 silver equivalent ounces sold at a realized price of $63.88/oz, AISC of $28.45/oz, and cash cost of $21.45/oz.
GoGold (OTCQX: GLGDF) reported Q1 (period ended Dec 31, 2025) production of 456,179 silver equivalent ounces, comprising 205,104 oz silver, 2,914 oz gold, 96 t copper, and 150 t zinc. Management said gold rose ~8% and silver fell ~3% versus the prior quarter; the silver equivalent figure declined versus the prior quarter largely because the gold:silver and base-metal:silver price ratios shifted. The company reported a cash balance of $245 million USD and record Parral cash flow, and is completing detailed engineering while awaiting the final environmental permit at Los Ricos South prior to placing long‑lead orders.
GoGold (OTCQX: GLGDF) reported record FY2025 results for the year ended September 30, 2025. The company recorded $72.5 million revenue from the sale of 2.1 million silver equivalent ounces and $17.3 million net income. Cash from operations was $25.65 million for the year and cash on hand was reported at $141.1 million USD.
Other highlights: production of 2,150,192 silver equivalent ounces; realized silver price of $33.80/oz; adjusted cash cost $18.35/oz; adjusted AISC $23.72/oz. Management noted a completed CAD 143 million bought deal financing and cited a $227 million feasibility capital estimate for Los Ricos South.
GoGold (GLGDF) closed a bought deal financing on November 27, 2025 issuing 54,245,500 units at C$2.65 each for gross proceeds of C$143,750,575, including the full exercise of a 15% over-allotment of 7,075,500 units. Each unit contains one common share and half a warrant; warrants exercise at C$3.50 per share for three years. The company said net proceeds will fund exploration and development of its Los Ricos projects and general corporate purposes. BMO Capital Markets acted as sole bookrunner.