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GoGold Resources Inc.
Summary
| Project: | Los Ricos | |
|---|---|---|
| Deposit: | Los Ricos | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 6/26/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 26-6-2019: GoGold Resources Inc. announces an Exploration/Drilling Update report for its Los Ricos deposit at the Los Ricos project. Drilling results incl. 32.0m @ 0.80g/t Au, 178.8g/t Ag from 83.2m. HALIFAX, June 26, 2019 /CNW/ - GoGold Resources Inc. (T | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Duncan (Internal) | |
| ABSTRACT: | HALIFAX, June 26, 2019 /CNW/ - GoGold Resources Inc. (TSX: GGD) ("GoGold", "the Company") continues to deliver strong assay results from two new diamond drill holes at the recently acquired 29 concession Los Ricos project located about 100 km northwest of the city of Guadalajara, Mexico. Diamond drill hole LRGG-19-017 intersected 32.0m averaging 0.80 g/t gold, 178.8 g/t silver and 3.18 g/t gold equivalent, including 11.3m averaging 1.46 g/t gold, 347.8 g/t silver and 6.1 g/t gold equivalent. Diamond drill hole LRGG-19-016 intersected the Los Ricos vein from 80.8m to 106.5m and encountered an open stope from 85.8 to 88.3m. The hanging wall portion of the vein above the stope averaged 0.52 g/t gold, 160.6 g/t silver and 2.66 g/t gold equivalent over 5.0m and vein averaged 0.90 g/t gold, 138.6 g/t silver and 2.75 g/t gold equivalent over 18.3m in the footwall portion of the vein beneath the stope. "We are very encouraged to see so much of the Los Ricos vein remains in place so close to the surface. Underground mining in the early 1900's focused on the highest grade silver mineralization over widths of 1 to 3 meters, but they left 75 to 90% of the mineralization in place," stated Brad Langille, President and CEO. | |
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