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GoGold Resources Inc.
Summary
| Project: | Los Ricos | |
|---|---|---|
| Deposit: | Los Ricos | |
| Location: | Mexico | |
| Commodities: | Gold | |
| Date: | 5/14/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 14-5-2019: GoGold Resources Inc. announces an Exploration/Drilling Update report for its Los Ricos deposit at the Los Ricos project. Drilling results incl. 21.2m @ 7.66g/t Au, 1270.2g/t Ag from 34.5m. HALIFAX, May 14, 2019 /CNW/ - GoGold Resources Inc. (T | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Duncan (Internal) | |
| ABSTRACT: | HALIFAX, May 14, 2019 /CNW/ - GoGold Resources Inc. (TSX: GGD) ("GoGold", "the Company") drilling results continue to demonstrate the tremendous growth potential at the recently acquired 29 concession Los Ricos project located about 100 km northwest of the city of Guadalajara. "We continue to see high grade ore from our drilling program which is near surface. Our diamond drilling holes which are twinning historical RC holes continue to provide much higher grades than the historical results, with hole 9 showing gold equivalent grades 70% higher than the historical results. These results, coupled with the strong assay results that the historical 6,000 channel samples are showing as our exploration team works through the data, are showing a very promising project at Los Ricos." stated Brad Langille, President and CEO. Diamond drill hole LRGG-19-009 intersected 21.2m averaging 7.66 g/t gold, 1,270.2 g/t silver and 24.60 g/t gold equivalent, including 6.9m averaging 21.97 g/t gold, 3,717.6 g/t silver and 71.54 g/t gold equivalent. The drill hole was laid out to twin RC drill hole CMRC-30 completed by TUMI Resources in September 2003, with the GoGold core hole returning 70% higher gold equivalent grade. | |
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