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GoGold Resources (TSX:GGD) reports increased production at Parral in Q4

Market News, Mining
TSX:GGD
11 January 2023 11:45 (EDT)

Source: GoGold Resources Inc.

GoGold Resources (GGD) increased its silver, gold, and copper production at the Parral project during the fourth quarter.

The Nova Scotia-based mineral explorer reported an increase of 10 percent in silver equivalent production from the previous quarter.

Overall, it returned 441,217 silver equivalent ounces, made up of 159,838 silver ounces, 2,399 gold ounces, and 222 tonnes of copper in the fourth quarter.

The company remains focused on its operations across Mexico, where it owns and operates the Parral Tailings mine in the state of Chihuahua and the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco.

“In 2023, we are entering our ninth year of production at Parral,” said President and CEO Brad Langille.

“Our operations team has proven their ability to deliver a consistent, safe, environmentally friendly operation. This expertise will be invaluable as we advance development at Los Ricos towards the ultimate goal of production. 2023 will truly be a transformative year for GoGold.”

GoGold Resources is up 4.94 percent, trading at $2.66 at 11:15 a.m. EST.


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