GoGold Resources Inc. (TSX: GGD | OTCQX: GLGDF) has secured all required environmental permits for its Los Ricos South underground project in Mexico, clearing the final regulatory hurdle and enabling the company to move ahead with construction.
Approval from Mexico’s environmental authority SEMARNAT marks a major milestone for the project, with GoGold’s board formally approving a construction decision. Development is expected to take approximately 24 months, with first production targeted following completion.
The Los Ricos South project has been designed as a bulk tonnage underground operation, with environmental management and sustainability integrated into the development plan. GoGold noted that it will continue engagement with local communities, regulators and stakeholders as construction progresses.
Brad Langille, president and CEO of GoGold Resources, commented, “Securing the final permits and approving construction represents a transformative milestone for the company. We are committed to working closely with the people of Jalisco and all stakeholders as we advance the project, while maintaining a strong focus on responsible development and environmental stewardship.”
The company expects the project to create local employment opportunities and contribute to regional economic development, while operating under established environmental and safety standards.
With construction now approved, GoGold transitions Los Ricos South into the next phase of development, positioning the project as a key growth asset within its portfolio.
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