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GoGold Resources (GGD) investor relations material
GoGold Resources 2025 Precious Metals Summit - Zurich summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Track record and financial position
Built and sold multiple mining assets in Mexico, including significant exits and mergers.
Maintains a strong balance sheet with $141 million in cash and no debt.
Generates about $3 million per month in free cash flow from ongoing tailings reprocessing.
Institutional, insider, and retail shareholders comprise the ownership structure.
Las Ricos project development
Acquired Las Ricos in 2019, expanded resources to 285 million silver-equivalent ounces.
Advanced Las Ricos South to final feasibility and entered execution phase with EPCM awarded.
Secured hydro power contract and prepared to award underground contractor bid.
Plans for continual build: 24-month construction at South, then transition to North.
Production and financial outlook
Current production is 2 million ounces; Las Ricos South will add 7.2 million ounces.
Projected to reach 15–17 million ounces annually after North build, with all-in costs around $12/oz.
First 18 months of South expected to generate $450 million after-tax at current prices.
CapEx for South estimated at $227–240 million, with strong interest from financiers.
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