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GoGold Resources Inc.

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Summary

Project:

Los Ricos

Deposit:Los Ricos
Location:Mexico
Commodities:Gold-Silver
Date:7/31/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:31-7-2019: GoGold Resources Inc. announces an Exploration/Drilling Update report for its Los Ricos deposit at the Los Ricos project. Drilling results incl. 23.3m @ 1.78g/t Au, 201.5g/t Ag from 170.4m. HALIFAX, July 31, 2019 /CNW/ - GoGold Resources Inc. (
Resources:x
CP/QP:[Overall Report]: David Duncan (Not stated)
ABSTRACT:HALIFAX, July 31, 2019 /CNW/ - GoGold Resources Inc. (TSX: GGD) ("GoGold", "the Company") is pleased to release the assay results from five new diamond drill holes at the Los Ricos project located about 100 km northwest of the city of Guadalajara, Mexico. Drill hole LRGG-19-022 intersected 23.3m of the Los Ricos quartz vein from 170.4m to 193.7m averaging 1.78 g/t gold, 201.5 g/t silver and 4.47 g/t gold equivalent, including a 10.0m interval averaging 3.58 g/t gold, 389.6 g/t silver and 8.78 g/t gold equivalent. No workings were encountered in the hole and core recoveries were excellent. This hole intersected the Los Ricos vein to the north of the prolific North Cinco Minas Stope in the historical underground workings. Drill holes LRGG-19-023 to 026 are the short holes testing the upper portion of the deposit at intervals of 25m along strike. LRGG-19-026 intersected an open void where the high grade gold-silver mineralization was mined out. Drill hole LRGG-19-025 intersected the Los Ricos vein from 34.9m to 59.5m and averaged 1.30 g/t gold, 135.0 g/t silver and 3.10 g/t gold equivalent over 24.6m, including a 15.5m interval averaging 2.00 g/t gold, 203.3 g/t silver and 4.71 g/t gold equivalent. Core recoveries were excellent and no mine workings were encountered.

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