The Chinese translation is being made; the original is shown for now.
GoGold Resources Inc. (TSX: GGD | OTCQX: GLGDF) has reported annual production of 1.86 million silver equivalent ounces (SEO) for the fiscal year ended 30 September 2026, supported by another strong performance from its Parral operation in Mexico.
During the year, GoGold produced:
- 1,000,242oz of silver
- 11,647oz of gold
- 326t of copper
- 466t of zinc
Silver production increased 18% year-on-year, while quarterly production reached 529,719 SEO during the September quarter, an 11% increase from the previous quarter.
查看配图：Annual production summary for fiscal year 2026.
The company noted that changes in metal price ratios impacted silver-equivalent calculations during the year. Using 2025 equivalency ratios, 2026 production would have represented a modest increase over the previous year.
GoGold ended the fiscal year with a cash balance of approximately US$288M, despite ongoing expenditure associated with construction of the Los Ricos South project.
Brad Langille, President and CEO, commented, “Parral has delivered another strong quarter for us, adding cash to the balance sheet and we ended the year with a balance of US$288 million. With construction at Los Ricos South having commenced in August and after taking account of significant spending in the quarter on the build, we were able to increase our cash balance during the quarter due to Parral’s strong performance.
Construction continues to progress as planned and the Company will be providing frequent updates over the following months. With more than 80% of the detailed engineering completed prior to ground breaking and such a strong balance sheet, the company is focused on strong execution.”
查看配图：Quarterly production summary for Parral.
With construction now underway at Los Ricos South and Parral continuing to generate strong cash flow, GoGold remains focused on advancing its next growth phase while maintaining a robust balance sheet.
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