GoGold Resources Shifts Into Build Mode at Los Ricos South
Investor TV Aug 12, 2026
Summary
GoGold Resources has secured its permit for Los Ricos South and will break ground next month, moving into active construction.
The company ordered its mill four months ago, locking in a 54-week lead-time item early to protect the build schedule.
GoGold signed a 15-megawatt hydro power contract with a dam 36 kilometers away, securing long-term energy supply.
Key points on Gogold Resources
- The guest says GoGold is now in the build process at Los Ricos South, with the permit in hand and ground-breaking planned for next month (around September 2026).
- The longest-lead-time item — the mill — was ordered about four months before the August 2026 as-of date and carries a 54-week lead time, locking in the project schedule.
- While waiting on the permit, GoGold spent roughly a year running detailed engineering, so the team is not starting construction cold.
- GoGold has signed a 15-megawatt hydro power deal with a dam 36 kilometers away, securing long-term power for Los Ricos South.