GoGold Resources' Path to 15 to 17 Million Silver Equivalent Ounces
Investor TV Aug 12, 2026
Summary
GoGold currently produces about 2 million silver equivalent ounces per year, framing Los Ricos as the primary growth pipeline.
Los Ricos South, targeting first pour within 24 months, is expected to add roughly 7.4 million ounces of annual output.
Management plans to redeploy the South construction team into Los Ricos North, layering on another 8.8 million ounces.
Fully built, the Los Ricos district could carry the company to 15 to 17 million silver equivalent ounces per year.
Key points on Gogold Resources
- The guest outlines a growth path from current ~2 million silver-equivalent oz/year to a 15-17 million oz/year run-rate through a staged district build at Los Ricos.
- Los Ricos South is expected to add ~7.4 million silver-equivalent oz/year after first pour, lifting total production to over 9 million oz/year.
- First pour at Los Ricos South is targeted within 24 months (i.e. by around August 2028 from the August 2026 as-of date).
- Once Los Ricos South is in production, the build team is planned to shift to Los Ricos North, which the guest says would add another 8.8 million silver-equivalent oz/year.
- The strategy is framed as a 'district build' — sequentially developing adjacent deposits in the Los Ricos district rather than treating each as a standalone project.