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GoGold Resources Inc.
Summary
| Project: | Los Ricos | |
|---|---|---|
| Deposit: | Los Ricos Main | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 10/2/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-10-2019: GoGold Resources Inc. announces an Exploration/Drilling Update report for its Los Ricos Main deposit at the Los Ricos project. Drilling results incl. 21.0m @ 1.38g/t Au, 145.9g/t Ag from 89.1m. HALIFAX, Oct. 2, 2019 /CNW/ - GoGold Resources Inc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Duncan (Not stated) | |
| ABSTRACT: | HALIFAX, Oct. 2, 2019 /CNW/ - GoGold Resources Inc. (TSX: GGD) ("GoGold", "the Company") is pleased to release the assay results from hole LRGG-19-048, the latest hole completed on the San Juan area located 400 metres to the northwest of the Los Ricos Main mine area. Hole LRGG-19-049 was drilled at the northern end of the Main mine area. Hole LRGG-19-048 intersected 21.0m of the Los Ricos vein from 89.1 to 110.1m down the hole and averaged 3.33 g/t gold equivalent made up of 1.38 g/t gold and 145.9 g/t silver; including a 5.0m interval averaging 10.2 g/t gold equivalent made up of 4.36 g/t gold and 436.2 g/t silver. No historical underground workings were encountered in the hole. "We are encouraged with these new high grade assay results at San Juan. Hole 48 was drilled to test about 50m up dip from our San Juan discovery hole LRGG-19-030 and is quickly demonstrating the potential for near surface mineralization. We have now tested San Juan 200m down dip from surface and our drilling program will continue to focus on the extent of this newly discovered potential ore shoot down dip and along strike," stated Brad Langille, President and CEO. "We've expanded our drilling program with the addition of a third drill rig." | |
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