GoGold Resources (TSX:GGD) aims to grow beyond its producing Parral Tailings mine in Chihuahua, Mexico, which extracts material from centuries-old waste left by historical silver and base metal mining. A 2020 study put remaining reserves at 15.4 million tonnes (8.7 million proven, 6.7 million probable). In 2026 the mine produced just under 1.9 million silver-equivalent ounces and around 11,647 ounces of gold, at an all-in sustaining cost of US$22 to US$28 per ounce. Management estimates about four years of reserve life remain, so the company needs new deposits; its Los Ricos South project in Jalisco, Mexico, began construction in June 2026, with a base net present value of US$355 million from a 2025 mineral resource estimate.
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