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GoGold Resources Inc.
Summary
| Project: | Los Ricos | |
|---|---|---|
| Deposit: | Los Ricos | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 6/17/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-6-2020: GoGold Resources Inc. announces an Exploration/Drilling Update report for its Los Ricos deposit at the Los Ricos project. Drilling results incl. 15m @ 2.56g/t Au, 172.7g/t Ag from 214.5m. Halifax, NS – GoGold Resources Inc. (TSX: GGD) (OTCQX: G | |
| Resources: | x | |
| CP/QP: | [Overall Report] David Duncan (Not stated) | |
| ABSTRACT: | Halifax, NS – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold”, “the Company”) is pleased to release the assay results from 9 diamond drill holes at the Los Ricos South Project, including 3 at San Juan, 4 at the Main area, 1 at Rascadero and the first results from the East Vein. Hole LRGG-20-174 was drilled on section 475N in the Main area of the project and intersected the Los Ricos quartz vein from 214.5 to 229.5m for 15.0m of 365 g/t silver equivalent, consisting of 2.56 g/t gold and 173 g/t silver. The intersect included 4.4m of 1,120 g/t silver equivalent. Hole LRGG-20-178 is the Company’s first hole drilled at the East Vein. The vein sits 400m to the east of the Main area and parallels the Los Ricos vein structure. The mineralization and alteration observed in the East Vein is very similar to the Main area and was explored in the 1920’s by underground workings from the Cinco Minas Level. The initial drill holes are testing the up-dip projection towards surface. The drill hole intersected 4.4m of 178 g/t silver equivalent from 118.0 to 122.4m, including 2.0m of 312 g/t silver equivalent. Hole LRGG-20-169 was drilled on section 750N in the San Juan area and intersected the Los Ricos quartz vein from 245.9 to 250.0m for 4.1m of 426 g/t silver equivalent, consisting of 3.18 g/t gold and 188 g/t silver | |
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