GoGold Resources Inc GLGDF

Primary Symbol: T.GGD

Metals & Mining Silver

GoGold Resources Inc. is a Canada-based silver and gold producer. The Company is principally engaged in the exploration, development, and production of silver and gold in Mexico. It is focused on operating, developing, exploring and acquiring projects in Mexico. The Company operates the Parral Tailings mine (Parral) located in the state of Chihuahua, Mexico, and the Los Ricos district exploration property (Los Ricos), which includes two projects approximately 25 kilometers apart - Los Ricos South (LRS) and Los Ricos North (LRN), which are located in the state of Jalisco, Mexico. The Parral tailings Project is within the town limits of Hidalgo del Parral, in the State of Chihuahua, Mexico, which covers approximately 141 ha. The Los Ricos property is made up of 45 concessions and covers over 25,000 hectares, which is located roughly 100 km northwest of the city of Guadalajara and is easily accessible by paved road.

TSX:GGD - Post by User

GoGold Resources Inc > GoGold Presents its 2023 Sustainability Report

<< Previous

Bullboard Posts

Next >>

Post by sosgood1on May 23, 2024 6:14pm

165 Views

Post# 36054861

GoGold Presents its 2023 Sustainability Report

Halifax, NS – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold”, “the Company”) is pleased to present its fourth annual Sustainability Report that sets out the Company’s performance and achievements with respect to its environmental, social and governance (“ESG”) practices. The Company is steadfastly committed to responsible mining practices, prioritizing safety, environmental responsibility, and benefits for local communities.

“We’re pleased to release our fourth annual Sustainability Report which outlines our performance and achievements related to ESG practices. Silver continues to be a metal that is a key component of the emerging green economy. Our partnership with the Town of Parral to help remediate their land produces silver at a low carbon footprint of 0.006 tons of carbon dioxide equivalent (“tCO₂e”) per ounce of silver equivalent produced,” said Brad Langille, President and CEO. “We believe the work our ESG team have been doing at Los Ricos South has been instrumental in establishing our partnership with the local community. We will continue on this path as we advance Los Ricos South towards production.”

“We’re pleased to release our fourth annual Sustainability Report which outlines our performance and achievements related to ESG practices. Silver continues to be a metal that is a key component of the emerging green economy. Our partnership with the Town of Parral to help remediate their land produces silver at a low carbon footprint of 0.006 tons of carbon dioxide equivalent per ounce of silver equivalent produced”

- Brad Langille, President and CEO

Highlights of the Report:

Energy consumption decrease of 44% compared to prior year, including a 25% decrease at Parral.
Decreased carbon dioxide emissions by 38% compared to the previous year.
0.006 tCO₂e per oz of silver equivalent produced at Parral.
0.006 tCO₂e per tonne of ore processed.
Increase of over 8% in safety and professional development training to over 12,000 hours.
Awarded the ESR distinction (Empresa Socialmente Responsables – Corporate Social Responsibility)
$17.2 million USD spent in local purchases, including $422,000 in community investment.
Donation of 600 machine hours to nearby towns in order to help with local infrastructure.
Social impacts in nearby communities include providing food packages to elderly, educational and sports supplies to local children and medical attention to residents.

The full update is available for download at www.gogoldresources.com/sustainability/

The Sustainability Report addresses ESG issues, detailing the performance and results of the Company from January 1 to December 31, 2023. The methodology and approach used in the report were based on the Global Reporting Initiative guidelines.

GoGold is dedicated to supporting the United Nations Sustainable Development Goals (“SDGs”) by prioritizing them in line with GoGold’s four core principles: safety and health, environmental conservation, work environment, and community engagement. The SDGs are a critical part of the United Nations' 2030 Sustainable Development Agenda, and the Company’s actions directly and indirectly impact each. GoGold is committed to enhancing its efforts to promote sustainable development and to engage Company stakeholders in planning and decision-making.

“We believe the work our ESG team have been doing at Los Ricos South has been instrumental in establishing our partnership with the local community. We will continue on this path as we advance Los Ricos South towards production.”

- Brad Langille, President and CEO

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 projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.