Mr. Brad Langille reports
GOGOLD ACHIEVES MAJOR MILESTONE: FINAL REMAINING PERMITS SECURED AND CONSTRUCTION APPROVED FOR LOS RICOS SOUTH UNDERGROUND MINE
GoGold Resources Inc. has reached a transformative milestone: The Mexican Federal Environmental Department (Semarnat) has granted all permits and approvals required from Semarnat to construct the Los Ricos South (LRS) bulk tonnage underground mine located in Jalisco state, Mexico.
The company's board of directors has approved a construction decision to begin construction of the project, which is anticipated to take 24 months from commencement until first pour.
"We are deeply grateful and committed to Mexico and the people of Jalisco for their partnership and trust as we advance this project, and we remain fully committed to creating long-term value for the country and its communities," said Brad Langille, president and chief executive officer. "This achievement reflects our shared commitment to responsible resource development that prioritizes environmental stewardship and community benefit. We are excited to move forward and look forward to beginning construction while continuing to work closely with all stakeholders."
The project has been designed with rigorous environmental protections and sustainability practices at its core. The company remains committed to transparent engagement with shareholders, non-governmental organizations, local communities and all interested parties as development proceeds.
GoGold looks forward to creating local employment opportunities, supporting regional economic development, and operating in accordance with the highest environmental and social standards. The company is also committed to working under the highest industrial safety standards to protect its employees, contractors, communities and the environment.
About GoGold Resources Inc.
GoGold Resources is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high-quality projects in Mexico. The company operates the Parral tailings mine in the state of Chihuahua, has the Los Ricos South project in development with all permits required for construction and the Los Ricos North exploration project in the state of Jalisco. Headquartered in Halifax, GoGold is building a portfolio of low-cost, high-margin projects.
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