GoGold Maintains Steady Production Levels at Parral Mine in Q3 2025

• Q3 2025 production of 555,500 silver equivalent ounces demonstrates operational consistency with minimal variance from previous quarter
• Parral Tailings mine continues generating cash flow to fund corporate expenses and Los Ricos development activities
• Company maintains balance sheet positioning ahead of anticipated Los Ricos South construction phase
• Management awaits final permits for Los Ricos South while exploring expansion opportunities at Los Ricos North
• Production has grown from 375,745 ounces in arter to June 2025 is Q2 2024 to current levels over five successive quarters

GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) is a Canadian-based primarily a silver and gold producer focused on projects in Mexico. The company maintains operations through the Parral Tailings mine in Chihuahua state, while advancing the Los Ricos South and Los Ricos North exploration and development projects in Jalisco state.

Under President and CEO Brad Langille's leadership, GoGold has positioned itself to leverage cash flow from the Parral Tailings mine to fund development activities at its Los Ricos projects, particularly as the company awaits final permits for Los Ricos South construction.

Q3 Production Results

GoGold reported quarterly production of 555,500 silver equivalent ounces from the Parral Tailings mine, consisting of 201,616 silver ounces, 3,100 gold ounces, 128 tonnes of copper, and 140 tonnes of zinc. 

Executive Commentary

Management expressed satisfaction with the operational performance during the quarter. 

"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," stated Brad Langille, President and CEO.

The CEO emphasized the company's financial positioning ahead of its development phase. 

"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," Langille noted.

Looking Ahead

GoGold sits at a transitional phase, with the Parral Tailings mine providing cash flow to support the anticipated construction phase at Los Ricos South. The company's immediate focus centers on obtaining final permits for Los Ricos South, which management indicates will trigger construction activities. Investors should monitor permit approval timelines and construction commencement as key near-term catalysts.