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GoGold Resources Inc.
Summary
| Project: | Los Ricos | |
|---|---|---|
| Deposit: | Los Ricos | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 4/15/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-4-2020: GoGold Resources Inc. announces an Exploration/Drilling Update report for its Los Ricos deposit at the Los Ricos project. Drilling results incl. 10.6m @ 1.42g/t Au, 264g/t Ag from 228.5m. HALIFAX, April 15, 2020 /CNW/ - GoGold Resources Inc. (T | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Duncan (Internal) | |
| ABSTRACT: | HALIFAX, April 15, 2020 /CNW/ - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to release the assay results from 10 diamond drill holes that continue to increase the potential size of the Los Ricos South Project in the Company's Los Ricos district, including four at San Juan and six in the Main area. Hole LRGG-20-129 was drilled on section 650N in the Main area of the project and intersected the Los Ricos quartz vein near surface from 15.0 to 51.0m. The 33.0m intersection, excluding 3.0m of historically mined voids, averaged 283 g/t silver equivalent, made up of 193 g/t silver and 1.20 g/t gold, and included 11.6m of 610 g/t silver equivalent, or 8.13 g/t gold equivalent. "The strong results in the San Juan area of the Los Ricos South Project are promising as we believe they will increase the number of silver equivalent ounces in our future resource. Hole 129 represents a wide zone of very high-grade mineralization very close to surface. These are the results we like to see when working towards an external 43-101 compliant resource model," said Brad Langille, President and CEO. | |
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