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GoGold Resources Inc.
Summary
| Project: | Los Ricos | |
|---|---|---|
| Deposit: | Los Ricos Main | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 9/10/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-9-2019: GoGold Resources Inc. announces an Exploration/Drilling Update report for its Los Ricos Main deposit at the Los Ricos project. Drilling results incl. 24.4m @ 1.29g/t Au, 127.4g/t Ag from 119.9m. HALIFAX, Sept. 10, 2019 /CNW/ - GoGold Resources | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Duncan (Not stated) | |
| ABSTRACT: | HALIFAX, Sept. 10, 2019 /CNW/ - GoGold Resources Inc. (TSX: GGD) ("GoGold", "the Company") is pleased to release the assay results from four new diamond drill holes at the Los Ricos main area (the "Main Area"). Drill holes LRGG-19-034 to 37 were drilled to test the Los Ricos vein in an area of known underground workings. Hole LRGG-19-034 intersected 22.5m of the Los Ricos vein from 103.5 to 126.0m down the hole but a total of 2.4m of the vein was mined out and the stopes were backfilled (and assigned zero grade). The remaining unmined 20.1m of the Los Ricos vein averaged 3.28 g/t gold equivalent made up of 0.92 g/t gold and 177.2 g/t silver; including a 4.9m interval averaging 11.68 g/t gold equivalent made up of 3.41 g/t gold and 620.7 g/t silver on the hanging wall of the open stope. Hole LRGG-19-035 intersected 24.4m of the Los Ricos vein from 119.9 to 144.3m down the hole and it averaged 2.99 g/t gold equivalent made up of 1.29 g/t gold and 127.4 g/t silver; including a 9.8m interval averaging 6.44 gold equivalent made up of 3.00 g/t gold and 258.0 g/t silver. "We are continuing to see wide zones of silver-gold mineralization on both the hanging wall and footwall of the historical stopes as we test both down dip and along strike in the Main Area of the Los Ricos zone. We have been able to re-enter and channel sample some of the historical workings known as El Troce located 400m to the northwest of El Abra and have moved the drill to test this target," stated Brad Langille, President and CEO. | |
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