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GoGold Reports Q3 Production at Parral of 555,500 Silver Equivalent Ounces
Halifax, Nova Scotia--(Newsfile Corp. - July 9, 2025) - GoGold Resources Inc. (TSX: GGD) (OTCQX:...
About this update from Gogold Resources, Inc.
[{"type":"text","content":"GoGold Reports Q3 Production at Parral of 555,500 Silver Equivalent OuncesHalifax, Nova Scotia--(Newsfile Corp. - July 9, 2025) - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (\"GoGold\", \"the Company\") is pleased to report production for the quarter ending June 30, 2025 of 555,500 silver equivalent ounces, consisting of 201,616 silver ounces, 3,100 gold ounces, 128 tonnes of copper, and 140 tonnes of zinc. \"Parral provided another quarter of strong production results. Its cash flow continues to increase our cash position and pay for our general and administrative expenses as well as exploration and engineering at Los Ricos while we await our final permit and the anticipated start of construction at Los Ricos South,\" said Brad Langille, President and CEO. \"Our very strong balance sheet, together with the continued robust Parral cash flow, has put us in an excellent position for our upcoming mine build. It also provides flexibility to advance Los Ricos North and explore around our mine reserves as we approach the execution phase at Los Ricos South.\"Figure 1: Quarterly Production SummaryTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1683/258188_d6082430e4af384a_001full.jpgTable 1: Quarterly Production SummaryQuarter EndedMar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Silver Production (oz)138,657138,708167,001226,343210,289201,616Gold Production (oz)2,1842,4362,2323,2133,2793,100Copper Production (tonnes)93148132121117128Zinc Production (tonnes)92125100161157140Silver Equivalent Production (oz)1375,745400,236406,150551,337555,479555,500\"Silver equivalent production\" include gold ounces and copper 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: Mar 2024 - 93, Jun 2024 - 86, Sep 2024 - 88, Dec 2024 - 90, Mar 2025 - 90, Jun 2025 - 98. The copper:silver ratios were: Mar 2024 - 365, Jun 2024 - 346, Sep 2024 - 320, Dec 2024 - 299, Mar 2025 - 318, Jun 2025 - 311. The zinc:silver ratios were: Mar 2024 - 104, Jun 2024 - 98, Sep 2024 - 94, Dec 2024 - 97, Mar 2025 - 89, Jun 2025 - 79. Mr. Robert Harris, P.Eng. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release related ...