Halifax, NS – GoGold Resources Inc. (TSX: GGD) (“GoGold”, “the Company”) is pleased to announce the release of financial results for the quarter ending March 31, 2017. GoGold recorded revenue of $7.1 million from the sale of 413,073 silver equivalent ounces with a cash cost per silver equivalent ounce of $9.80 and an operating income of $1.8 million for the quarter (All amounts are in U.S. dollars). Financial Highlights for the quarter ending March 31, 2017: Revenue of $7.1 million from the sale of 413,073 silver equivalent ounces, a realized price of $17.21 per silver equivalent ounce Operating income of $1.8 million Cash flow from operations before changes in non-cash working capital of $2.4 million, or 1 cent per basic share Cash cost per silver equivalent ounce of $9.80 All in sustaining cost per silver equivalent ounce of $11.76 Produced 422,773 silver equivalent ounces