GoGold Resources hits 1 million ounce silver production milestone

GoGold Resources reported record silver production for its 2026 fiscal year, reaching 1,000,242 ounces, an 18% increase from the previous year. The Canadian-based producer also recorded 11,647 ounces of gold production.

The company reported a strong financial position with US$288 million in cash. This liquidity is intended to fund the construction of the Los Ricos South project in Jalisco, Mexico, with an estimated spending plan of US$245.2 million between late 2026 and September 2028. The company stated the project is fully funded without the need for additional debt or equity.

In addition to silver and gold, the company produced 326 tonnes of copper and 466 tonnes of zinc. The Parral tailings mine in Chihuahua contributed approximately 530,000 silver-equivalent ounces during the September quarter.