Parral Reports Tenth Consecutive Quarter of Positive Cash Flow on Production of 575K AgEq Oz

GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to report production for the quarter ending June 30, 2021 of 575,302 silver equivalent ounces ("AgEq"), consisting of 315,632 silver ounces, 3,170 gold ounces, and 120 tonnes of copper.  Parral has generated positive free cash flow for ten consecutive quarters, with estimated free cash flows exceeding US$5.5 million this quarter.

"Parral continues to be an engine of free cash flow, generating in excess of US$5.5 million this quarter. We finished the quarter with a strong cash balance of over $73 million US," said Brad Langille, President and CEO. "Parral's free cash flow, when reinvested in Los Ricos, is creating exceptional value growth for our shareholders."

About GoGold Resources

GoGold Resources (TSX: GGD) 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 and has the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects.