HALIFAX, July 14, 2016 /CNW/ – GoGold Resources Inc. (TSX: GGD) (“GoGold”, “the Company”) reports that the Company produced 361,705 silver equivalent ounces for the quarter ended June 30, 2016 which represents an 8 percent increase over the previous quarter. The Company also increased the number of recoverable ounces placed on the heap leach pad by 26% to 775,537 over the previous quarter. The Parral project continues to be a low cost operation with cash costs averaging $6.91 per silver equivalent ounce for the quarter.
“We ended the quarter with our strongest production rates to date thanks to operational improvements made over the past six months that took effect,” said Brad Langille, President and CEO. “Shareholders can continue to expect a steady rise in production quarter over quarter for the remainder of the year.”