Gogold Resources - GLGDF STOCK NEWS

GoGold Resources has released its fourth annual Sustainability Report, highlighting the company's commitment to ESG practices. Notable achievements include a 44% reduction in energy consumption, a 38% decrease in CO2 emissions, and production of silver at a low carbon footprint of 0.006 tCO2e per ounce. The report also notes an 8% increase in safety and professional training hours, totaling over 12,000 hours. Financially, GoGold invested $17.2 million USD in local purchases and donated 600 machine hours for community infrastructure. The company received the ESR distinction and provided various social benefits to local communities, including food packages, educational supplies, and medical services. The report covers activities from January 1 to December 31, 2023, and follows the Global Reporting Initiative guidelines.

GoGold Resources Inc. released its Q2 2024 financial results, showcasing net income of $1.3 million and revenue of $8.9 million from the sale of 374,140 silver equivalent ounces. Cash on hand is $80.8 million USD. The company saw production of 375,745 silver equivalent ounces, including silver, gold, and copper. Adjusted cash cost per silver equivalent ounce was $17.29. The company also announced changes to its Board of Directors, with the retirement of George Waye and the appointment of Douglas Reid.

GoGold Resources Inc. (GLGDF) reports production for Q1 2024 with 375,745 silver equivalent ounces, including 138,657 silver ounces, 2,184 gold ounces, 93 tonnes of copper, and 92 tonnes of zinc. The completion of the SART Zinc circuit commissioning has led to the production of a saleable zinc product, improving leaching of gold and silver. The company anticipates increased silver and gold production in the upcoming months. Progress on the definitive feasibility study at Los Ricos South is ongoing, with Parral expected to contribute to future funding.

GoGold Resources Inc. announces the re-election of directors at the annual meeting of shareholders. John Turner, Bradley Langille, Phillip Gaunce, George Waye, Terrence Cooper, and Karen Flores were re-elected. KPMG LLP was re-appointed as the auditors.

GoGold Resources Inc. announces financial results for the quarter ending December 31, 2023, with Parral generating $6.8 million from the sale of 305,087 silver equivalent ounces. The company anticipates increased free cash flow and production at Parral after the completion of the SART Zinc circuit commissioning. The technical team is working on the definitive feasibility study and front-end engineering design for Los Ricos South, aiming for completion within the first six months of 2024. The company reported cash of $88.8 million USD, revenue of $6.8 million, net income of $192,000, and production of 300,260 silver equivalent ounces. However, the net loss for the quarter was $192,000. The adjusted cash cost per silver equivalent ounce was $16.83, and the adjusted all in sustaining cost per silver equivalent ounce was $24.64.

GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) announces a transformative 2024 outlook, including completion of SART Zinc circuit, advancing Los Ricos South to a definitive feasibility study, and assessing debt financing options.

GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) announces financial results for the year ending September 30, 2023, with $30 million revenue from the sale of 1.4 million silver equivalent ounces. The company also highlights a strong balance sheet with $95 million USD, including advancements in the preliminary economic assessments at Los Ricos North and South.

GoGold Resources Inc. has filed a preliminary economic assessment (PEA) technical report for their Los Ricos South Project in Mexico. The PEA highlights include an after-tax net present value of $458 million with an after-tax internal rate of return of 37% and an 11-year mine life producing a total of 88 million payable silver equivalent ounces.

GoGold Resources Inc. announces production for the quarter ending September 30, 2023. The completion of the zinc circuit in the SART plant at Parral is expected to generate approximately $500,000 per month for cash flow and improve precious metals recovery. Production during the quarter was 300,789 silver equivalent ounces, consisting of 169,443 silver ounces, 1,106 gold ounces, and 115 tonnes of copper.