GoGold CEO: $284 Million in Cash, No Debt and Ready to Build

GoGold CEO: $284 Million in Cash, No Debt and Ready to Build

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Recorded on July 9, 2026, at the Rick Rule Symposium.

TSX: GGD
OTCQX: GLGDF

HOST DISCLOSURE: Andy Millette states during this interview that he is an investor in GoGold Resources.

GoGold Resources President, CEO and Director Bradley Langille joins Andy Millette to discuss the company’s newly secured Los Ricos South construction permits, its strong balance sheet and the next phase of mine development in Mexico.

Langille explains why GoGold believes Los Ricos South is fully financed, citing approximately US$284 million in cash, no debt and continued cash generation from the Parral Tailings operation. He outlines the updated expected construction cost, the detailed engineering completed while the company waited for permits and the long-lead equipment already ordered.

The conversation also covers Mexico’s permitting environment, GoGold’s community and environmental work, the planned August start of earthworks, the underground development schedule and the company’s broader district strategy for Los Ricos South and Los Ricos North.

Langille also discusses the scale of the company’s silver-equivalent resource base, projected operating costs and the potential free-cash-flow profile of the high-grade Eagle area during the first 18 months of commercial production.

Key topics:

Los Ricos South permits and construction approval
Approximately US$284 million in cash and no debt
Parral Tailings production and cash generation
Updated construction-cost expectations
Detailed engineering and long-lead equipment
Planned earthworks and underground development
Los Ricos North permitting strategy
Silver-equivalent resources and project economics
• Mining and permitting conditions in Mexico

GoGold Resources:

Website: https://gogoldresources.com/home/
Stock information: https://gogoldresources.com/investors/stock-information/
Press releases: https://gogoldresources.com/investors/press-releases/
YouTube: https://www.youtube.com/gogoldresources

Host Andy Millette — Natural Resource Stocks:

Website: https://www.NaturalResourceStocks.net
YouTube: https://www.youtube.com/@naturalresourcestocks
X: https://x.com/theandymillette
LinkedIn: https://www.linkedin.com/in/andymillette/
NRS LinkedIn: https://www.linkedin.com/company/naturalresourcestocks-net/
NRS Facebook: https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/
NRS TikTok: https://www.tiktok.com/@natural.resource.stocks
NRS Instagram: https://www.instagram.com/naturalresourcestocks/

Like, subscribe, and ring the bell for more interviews with mining executives, investors and natural-resource leaders. #Millettian

Chapters:

00:00 GoGold’s balance sheet, cash and no-debt position
01:03 Andy introduces Bradley Langille
01:29 The Rick Rule Symposium experience
01:53 Los Ricos South receives its permit
02:29 What changed in Mexico’s permitting environment
03:58 Community relationships and environmental work
05:01 GoGold company and treasury update
06:12 Detailed engineering completed before construction
07:07 Earthworks and long-lead equipment
07:39 Upcoming construction catalysts
08:53 Production history and district scale
09:08 Los Ricos North development strategy
10:14 Los Ricos South economics and potential payback
11:03 Closing remarks
11:12 Website and trading symbols

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