Halifax, 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 Summary
Table 1: Quarterly Production Summary
| Quarter Ended | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Silver Production (oz) | 138,657 | 138,708 | 167,001 | 226,343 | 210,289 | 201,616 |
| Gold Production (oz) | 2,184 | 2,436 | 2,232 | 3,213 | 3,279 | 3,100 |
| Copper Production (tonnes) | 93 | 148 | 132 | 121 | 117 | 128 |
| Zinc Production (tonnes) | 92 | 125 | 100 | 161 | 157 | 140 |
| Silver Equivalent Production (oz)1 | 375,745 | 400,236 | 406,150 | 551,337 | 555,479 | 555,500 |
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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 to Parral.
About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North exploration and development projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.
For further information please contact:
Steve Low, Corporate Development
GoGold Resources Inc.
T: 416 855 0435
Email : This email address is being protected from spambots. You need JavaScript enabled to view it.
Or visit : www.gogoldresources.com
CAUTIONARY STATEMENT
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy of any of GoGold's securities in the United States.
This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Parral tailings project, the Los Ricos project, future operating margins, future production and processing, and future plans and objectives of GoGold, constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the Parral project There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.
Important factors that could cause actual results to differ materially from GoGold's expectations include exploration and development risks associated with the GoGold's projects, the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions. For additional information with respect to risk factors applicable to GoGold, reference should be made to GoGold's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, GoGold's Annual Information Form. The forward-looking information contained in this release is made as of the date of this release.
