GoGold Resources reported record quarterly operating cash flows of $26.3 million for the quarter ended June 30, 2026, generated from $27.8 million in revenue on the sale of 419,986 silver equivalent ounces.

The financial performance was driven by the Parral Tailings mine in Chihuahua, Mexico, marking its twelfth year of operation. During the quarter, production at Parral totaled 477,464 silver equivalent ounces, consisting of 268,673 silver ounces, 3,036 gold ounces, 88 tonnes of copper, and 116 tonnes of zinc. Total tonnes stacked reached 424,831, while net income for the period landed at $10.9 million, compared with net income of $8.2 million for the same period in 2025.

Realized silver prices averaged $66.09 per ounce during the quarter, up from $33.53 per ounce in the prior-year period. Silver traded at a price of $65.87 per ounce, up 13.45% over the 30-day period ended August 12, 2026.

The company held $284 million in cash at June 30, 2026, up significantly from $73.8 million reported at June 30, 2022.

GoGold holds the required permit for its Los Ricos South project in Jalisco, Mexico, alongside a positive construction decision from the board. Initial capital expenditure for Los Ricos South is stated at $227 million in the current feasibility study, representing a material increase from initial capital costs of $125 million reported in the February 2021 Preliminary Economic Assessment.

“At quarter end, we held $284 million USD in cash, which exceeds the initial capital expenditure of $227 million per the feasibility study for our recently permitted Los Ricos South. With our permit in hand at Los Ricos South and a positive construction decision from the board, we are well positioned to create long-term benefits for all stakeholders,” said Brad Langille, President and CEO.

Read the full announcement: GoGold Announces Q3 Financial Results