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GoGold Resources Inc.
Summary
| Project: | Los Ricos | |
|---|---|---|
| Deposit: | Los Ricos | |
| Location: | Mexico | |
| Commodities: | Gold | |
| Date: | 6/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 5-6-2019: GoGold Resources Inc. announces an Exploration/Drilling Update report for its Los Ricos deposit at the Los Ricos project. Drilling results incl. 18.5m @ 1.20g/t Au, 140.3g/t Ag from 253.0m. HALIFAX, June 5, 2019 /CNW/ - GoGold Resources Inc. (TS | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Duncan (Internal) | |
| ABSTRACT: | HALIFAX, June 5, 2019 /CNW/ - GoGold Resources Inc. (TSX: GGD) ("GoGold", "the Company") confirms the deposit is open at depth and continues to deliver strong assay results from an additional five diamond drill holes at the recently acquired 29 concession Los Ricos project located about 100 km northwest of the city of Guadalajara, Mexico. "Our understanding of the Los Ricos deposit has been greatly enhanced by incorporating the historical underground gold and silver assay data from over 10,000 channel samples collected in the stopes, crosscuts, raises and winzes into our 3D models. This has allowed us to visualize the downdip extensions of the high-grade deposits and provides an approach for the team to continue drilling successful holes like these" stated Brad Langille, President and CEO. Diamond drill hole LRGG-19-011 intersected 18.5m averaging 1.20 g/t gold, 140.3 g/t silver and 3.07 g/t gold equivalent, including 8.4m averaging 2.16 g/t gold, 227.8 g/t silver and 5.19 g/t gold equivalent. The drill hole was laid out to drill 75m down dip below the deepest intersection to date on the property. Diamond drill hole LRGG-19-013 intersected 15.6m averaging 0.78 g/t gold, 194.7 g/t silver and 3.38 g/t gold equivalent including 8.8m averaging 1.30 g/t gold, 296.5 g/t silver and 5.25 g/t gold equivalent. Diamond drill hole LRGG-19-014 intersected 14.2m averaging 1.10 g/t gold, 126.8 g/t silver and 2.79 g/t gold equivalent including 7.70m averaging 1.94 g/t gold, 209.3 g/t silver and 4.73 g/t gold equivalent. | |
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