GoGold Releases Financial Results for Q3 2025 Generating Net Income of $8.2M USD

About this update from Gogold Resources, Inc.

[{"type":"text","content":"GoGold Releases Financial Results for Q3 2025 Generating Net Income of $8.2M USDHalifax, Nova Scotia--(Newsfile Corp. - August 6, 2025) - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (\"GoGold\", \"the Company\") announces the financial results for the quarter ending June 30, 2025, with the Parral tailings reprocessing project generating revenue of $17.7 million (all amounts are in U.S. dollars) from the sale of 527,933 silver equivalent ounces.\"Parral continued to generate significant cash flow for the Company during the quarter, driving operating cash flow of $7 million which is exceeding our spending at Los Ricos and corporate costs. Our revenues for the year to date are more than double that of last year, which has helped us generate operating cash flows of over $20 million US over the last nine months,\" said Brad Langille, President and CEO. \"With our strong cash flow generation and our cash position of $139 million we are well capitalized as we anticipate a permit for our Los Ricos South project.\"Highlights for the quarter ending June 30, 2025:Cash of $139 million USD, an increase of $61 million during the quarter including the $57 million financingCash flow from operations of $7.2 millionRevenue of $17.7 million on the sale of 555,933 silver equivalent ounces at an average realized price per ounce of $33.54Production of 555,500 silver equivalent ounces, consisting of 201,616 silver ounces, 3,100 gold ounces, 128 copper tonnes, 140 zinc tonnesNet income of $8.2 millionCash cost per silver equivalent ounce of $17.21All in sustaining cost per silver equivalent ounce of $22.78Following are tables showing summarized financial information and key performance indicators:Summarized Consolidated Financial InformationThree months ended June 30 Nine months ended June 30(in thousands USD, except per share amounts)20252024 20252024Revenue$17,707$10,358 $54,408$26,097Cost of sales, including depreciation10,1744,590 34,76017,173Operating income (loss)4,6293,600 12,0791,869Net income8,214(483) 11,436864Basic net income per share0.022(0.002) 0.0330.003Cash flow provided by (used in) operations7,245(2,157) 20,264(9,819) Key Performance Indicators1Three months ended June 30Nine months ended June 30(in thousands USD, except per ounce amounts)2025202420252024Total tonnes stacked402,906425,80...

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