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GoGold Announces Q1 2026 Parral Production of 456,179 Silver Equivalent Ounces
Halifax, Nova Scotia--(Newsfile Corp. - January 20, 2026) - GoGold Resources Inc. (TSX: GGD) (OT...
About this update from Gogold Resources, Inc.
[{"type":"text","content":"GoGold Announces Q1 2026 Parral Production of 456,179 Silver Equivalent OuncesHalifax, Nova Scotia--(Newsfile Corp. - January 20, 2026) - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (\"GoGold\", \"the Company\") is pleased to report a production for their first quarter ending December 31, 2025 of 456,179 silver equivalent ounces, consisting of 205,104 silver ounces, 2,914 gold ounces, 96 tonnes of copper, and 150 tonnes of zinc.\"Parral had an excellent quarter for the company, generating record cash flows. Current market silver and gold prices have substantially increased since the end of December. As we report our production in silver equivalent ounces and the silver price has increased markedly relative to the gold price, our reported silver equivalent production appears lower compared to the previous quarter. Gold production increased by approximately 8%, while silver production slightly decreased by 3% compared to the previous quarter,\" Brad Langille, President and CEO stated. \"Our very strong balance sheet, which includes a cash balance of $245 million USD, together with our record Parral cash flow has put us in an excellent position for our upcoming mine build. As we await the final environmental permit at Los Ricos South, we are completing detailed engineering work and anticipate over the coming weeks to be in a position to place orders for long lead time items.\"Table 1: Quarterly Production SummaryQuarter EndedSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Silver Production (oz)167,001226,343210,289201,616212,854205,104Gold Production (oz)2,2323,2133,2793,1002,6972,914Copper Production (tonnes)13212111712811096Zinc Production (tonnes)100161157140150150Silver Equivalent Production (oz)1406,150551,337555,479555,500487,876456,179 \"Silver equivalent production\" include gold ounces, copper tons and zinc tons produced and converted to a silver equivalent based on a ratio of the average market metal price for each period. The gold:silver ratio for each of the periods presented were: Sep 2024 - 88, Dec 2024 - 90, Mar 2025 - 90, Jun 2025 - 98, Sep 2025 - 88, Dec 2025 - 76. The copper:silver ratios were: Sep 2024 - 320, Dec 2024 - 299, Mar 2025 - 318, Jun 2025 - 311, Sep 2025 - 251, Dec 2025 - 204. The zinc:silver ratios were: Sep 2024 - 94, Dec 2024 - 97, Mar 2025 - 89, Jun 2025 - 79, Sep 2025 - 72, Dec 2025 - 59....