Sunday, June 22, 2025

Latest

GoGold Reports Q4 Production Of 551,337 Silver Equivalent Ounces

GoGold Resources (TSX: GGD) was one of several producers this morning to report its fourth quarter production results. The company saw production of 551,337 silver equivalent ounces during the quarter.

Production further broke down into 226,343 silver ounces, 3,213 gold ounces, 121 tonnes of copper and 161 tonnes of zinc.

For the full fiscal year, production totaled 1.7 million silver equivalent ounces, which breaks down into 670,709 ounces of silver, 10,065 ounces of gold, 494 tonnes of copper and 478 tonnes of zinc.

“Parral’s SART Zinc circuit, which was completed in 2024, has exceeded expectations on both base metal production and has increased the leachability of gold and silver in the heap as well, which is driving the 36% increase in production which we saw this quarter. We expect the benefits of this optimization to continue through 2025,” commented Brad Langille, CEO of GoGold.

The company finished the year with a cash balance of $76.0 million, an increase from $72.0 million as of the end of the third quarter.

Looking to 2025, the company has indicated that it expects the release of a definitive feasibility study for Los Ricos South to occur imminently. A permit for underground mining is expected to be received by the end of March for the project, with project financing expected to be secured shortly thereafter. A construction decision is expected to be made later this year.

GoGold Resources last traded at $1.19 on the TSX.


Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Aura Minerals: The Era Dorada Underground PEA

Gold Is Now Smart Money’s End Game | Doug Casey

Is Gold’s Bull Market About to Hit Junior Stocks? | Ken Armstrong – Westhaven Gold

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

GoGold Closes $28.8 Million Bought Deal Financing

GoGold Resources (TSX: GGD) this morning announced the closing of its previously announced bought deal...

Friday, May 7, 2021, 08:28:17 AM

GoGold Reports US$355 Million After-Tax Net Present Value For Los Ricos South In Feasibility Study

GoGold Resources (TSX: GGD) has released a feasibility study for its Los Ricos South Project...

Thursday, January 16, 2025, 08:20:19 AM

GoGold Hits 528.6 G/t Silver Equivalent Over 11.0 Meters At Los Ricos North

GoGold Resources (TSX: GGD) this morning released the first results from exploration program at the...

Wednesday, September 23, 2020, 08:57:49 AM

GoGold Resources Sees Silver Equivalent Ounces Production Decline 10%

GoGold Resources (TSX: GGD) this morning provided a brief update to the market in terms...

Wednesday, April 7, 2021, 07:11:47 AM

GoGold Hits 207 G/T Silver Equivalent Over 31.0 Metres At Los Ricos North

GoGold Resources (TSX: GGD) has released additional assays from its La Trini deposit at the...

Wednesday, October 14, 2020, 08:40:27 AM