08:48 AM EST, 01/08/2025 (MT Newswires) -- GoGold Resources ( GLGDF ) on Wednesday said quarterly production at Parral jumped 84% to 551,337 silver equivalent ounces for the three months to the end of December. Production topped the previous quarter by more than a third.

"Parral's SART Zinc circuit, which was completed in 2024, has exceeded expectations on both base metal production and has increased the leachability of gold and silver in the heap as well, which is driving the 36% increase in production which we saw this quarter," said Brad Langille, president and CEO. "We expect the benefits of this optimization to continue through 2025."

GoGold expects Parral to be a "significant" source of additional capital as the company continues to develop Los Ricos South, whose definitive feasibility study is expected soon. It expects to receive a positive outcome on its permit application for the underground mine at Los Ricos South by the end of March.