Welcome to our dedicated page for Gogold Resources news (Ticker: GLGDF), a resource for investors and traders seeking the latest updates and insights on Gogold Resources stock.
News and updates for GoGold Resources Inc. (OTCQX: GLGDF) center on its silver and gold operations and projects in Mexico. The company’s releases describe ongoing production from the Parral Tailings mine in Chihuahua, as well as exploration and development activity at the Los Ricos South and Los Ricos North projects in Jalisco.
Investors following GLGDF news can review regular production reports from Parral, where GoGold discloses silver equivalent ounces produced and sold, along with underlying silver, gold, copper and zinc outputs. These updates often include commentary on how Parral’s cash flow supports project spending and corporate costs.
GoGold also issues quarterly and annual financial results that summarize revenue, operating income, net income and cash flow from operations. These releases describe how non-GAAP measures such as adjusted cash costs per ounce and adjusted all-in sustaining costs per ounce are used to analyze mine performance, with references to detailed reconciliations in management’s discussion and analysis.
Another key theme in the company’s news is exploration and technical progress at Los Ricos South. GoGold publishes assay results from drilling in zones such as Eagle, Abra, South Abra, Los Lamas and Cerro Colorado, along with information on geophysical surveys and geotechnical drilling that support resource definition and mine planning.
Capital markets activity also appears in GLGDF news, including bought deal equity financings intended to fund exploration and development at Los Ricos and for general corporate purposes, as well as participation in investment conferences focused on metals and mining. For a consolidated view of these developments, this news page brings together GoGold’s production updates, financial disclosures, project drilling results and financing announcements in one place.
GoGold Resources (OTCQX:GLGDF) reported strong Q2 2025 production results from its Parral operation, achieving 555,500 silver equivalent ounces. The production breakdown includes 201,616 silver ounces, 3,100 gold ounces, 128 tonnes of copper, and 140 tonnes of zinc.
The company's CEO Brad Langille highlighted that Parral's cash flow is strengthening their balance sheet and funding general expenses and exploration at Los Ricos. The company is awaiting final permits for Los Ricos South construction while maintaining operational momentum at Parral, positioning them favorably for upcoming mine development.
GoGold Resources (TSX: GGD) (OTCQX: GLGDF) has reported its Q2 2025 production results from the Parral operation, achieving 555,479 silver equivalent ounces. The production breakdown includes 210,289 silver ounces, 3,279 gold ounces, 117 tonnes of copper, and 157 tonnes of zinc.
CEO Brad Langille highlighted that Parral continues to deliver stable quarterly production with expected cash flows similar to the previous quarter. The company plans to utilize this cash flow to fund additional exploration at Los Ricos South while awaiting mining permits. A recently completed equity financing, combined with Parral's cash flow, strengthens their balance sheet for the upcoming Los Ricos South mine build and provides flexibility to advance Los Ricos North.
GoGold Resources (TSX: GGD) (OTCQX: GLGDF) held its annual and special meeting of shareholders on March 27, 2025, where shareholders voted to re-elect seven directors to the company's board. The re-elected directors include John Turner, Bradley Langille, Phillip Gaunce, Jorge Aguirre, Terrence Cooper, Douglas Reid, and Karen Flores. Each director secured their position through a majority vote. Additionally, shareholders approved the re-appointment of KPMG LLP as the company's auditors until the next annual meeting, with remuneration to be determined by the directors.
GoGold Resources (GLGDF) has filed a Feasibility Study for its Los Ricos South Project in Mexico, revealing promising economics. The study outlines a 15-year mine life with an after-tax NPV of $355 million (5% discount rate) and 28% IRR at base case metal prices.
The project features a 2,000 tonne per day underground mine with initial capital costs of $227 million and sustaining capital of $100 million. Key metrics include average production of 7.3 million silver equivalent ounces over the first 5 years, with operating cash costs of $9.94/oz AgEq and AISC of $11.19/oz AgEq during this period.
The study confirms Proven and Probable Mineral Reserves of 10.2 million tonnes grading 276 g/t AgEq, containing 91 million ounces AgEq. The project will utilize conventional mining methods and processing, including cyanide leaching with high recovery rates of 92-93% for gold and 85-87% for silver.
GoGold Resources reported strong financial results for Q1 2025, with record revenue of $19.1 million from the sale of 625,972 silver equivalent ounces at Parral. The company's cash position increased by $4.3 million to $76.0 million, with operating cash flow of $7.9 million.
Production reached 551,337 silver equivalent ounces, including 226,343 silver ounces, 3,213 gold ounces, and significant copper and zinc output. The adjusted cash cost was $19.33 per silver equivalent ounce, with an all-in sustaining cost of $22.45.
The company's SART Zinc circuit, implemented last year for $2 million, has contributed to Parral's record performance. Additionally, GoGold appointed Jorge Aguirre, an experienced civil engineer and construction executive, to its Board of Directors.
GoGold Resources has released its Feasibility Study for the Los Ricos South Project in Mexico, featuring a 2,000 tonnes per day underground mine plan. Key highlights include:
- After-Tax NPV of US$355 million with 28% IRR at base case prices ($26.80/oz silver, $2,330/oz gold)
- 15-year mine life producing 80 million payable silver equivalent ounces
- Initial capital costs of $227 million with $100 million sustaining capital
- Average AISC of $11.19/oz AgEq over first 5 years
- Average annual production of 7.3 million AgEq oz over first 5 years
- Proven and Probable Reserves of 10.2 million tonnes at 276 g/t AgEq
The project features conventional processing with crushing, grinding and cyanide leaching, producing silver-gold doré bars and copper precipitate. The company expects permit approval by March 2025 and is in advanced discussions with lenders for construction financing.
GoGold Resources reported strong Q4 2024 production results with 551,337 silver equivalent ounces, marking a 36% increase. The production comprised 226,343 silver ounces, 3,213 gold ounces, 121 tonnes of copper, and 161 tonnes of zinc. The company's cash balance grew from $72M to $76M during the quarter.
The improved performance is attributed to Parral's SART Zinc circuit completion in 2024, which exceeded expectations in base metal production and enhanced gold and silver leachability. Looking ahead to 2025, GoGold anticipates several key milestones, including the release of Los Ricos South's Definitive Feasibility Study, expected underground mine permit approval by March 2025, and project financing arrangements for Los Ricos South construction.
GoGold Resources reported financial results for the year ending September 30, 2024, showing significant growth with Parral revenue increasing by 20% to $37 million. The company sold 1.4 million silver equivalent ounces at an average price of $25.95 USD. The newly completed SART Zinc circuit has enhanced production and profitability by improving gold and silver leachability.
Key financial highlights include: cash position of $72.0 million, net income of $1.6 million, and production of 1,482,391 silver equivalent ounces. The company achieved an adjusted cash cost of $17.62 per silver equivalent ounce and an all-in sustaining cost of $24.15. Looking ahead to 2025, GoGold anticipates receiving permits for Los Ricos South and moving forward with construction of its second operating mine.