GoGold Resources Inc. (TSX: GGD | OTCQX: GLGDF) has reported record operating and financial results for the quarter ended 31 March 2026, underpinned by strong performance from its Parral tailings operation in Mexico.
The company generated record operating cash flow of US$21.2M on revenue of US$30.3M, from sales of 383,695 silver‑equivalent ounces at an average realised price of US$79.04 per ounce. Production for the quarter totalled 394,605 SEO, including silver, gold, copper and zinc.
GoGold finished the quarter with a cash balance of US$262.2M, further strengthening its position as it advances toward construction at the Los Ricos South project. Parral contributed US$14.6M in free cash flow during the period, continuing its long‑standing role as a reliable cash generator.
Brad Langille, president and CEO of GoGold Resources, commented, “Parral continues to deliver excellent results, generating record operating cash flows of US$21.2M this quarter. As we complete our twelfth year of operations at Parral, it continues to perform strongly. We ended the quarter with US$262M in cash, and when combined with ongoing Parral cash flow, this exceeds the initial capital requirement for Los Ricos South. With logistics and detailed engineering well advanced, once permitting is secured, we are ready to proceed.”
GoGold reported net income of US$16.4M for the quarter and noted that its balance sheet position fully supports the initial capital expenditure of US$227M outlined in the Los Ricos South feasibility study.
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