GoGold Resources Inc. is pleased to release additional assay results from the Company's La Trini deposit on the Los Ricos North project, including 5.6m of 1,070 g/t silver equivalent from hole LRGT-20-33. Hole LRGT-20-033 was drilled at the La Trini deposit and intersected a silicified and altered quartz rhyolite unit from 13.9 to 35.7m for 21.8m of 335 g/t AgEq, consisting of 130 g/t silver and 2.73 g/t gold. The [...]
GoGold Resources Inc. is pleased to release the first assay results from the Company's Salomon-Favor target on the Los Ricos North project, which is located approximately 5km southeast of the La Trini deposit. The drill program is testing the known zones of mineralization along strike and down dip from the historical underground workings. Hole LRGF-20-001 was drilled on the El Favor target and intersected a quartz vein [...]
GoGold Resources Inc. is pleased to announce that it has closed its previously announced bought deal offering of 20,000,000 common shares, at a price of C$1.50 per Common Share for gross proceeds of approximately C$30 million. The Offering was led by BMO Capital Markets, along with a syndicate of underwriters including Sprott Capital Partners LP, PI Financial Corp., and Eight Capital. The Underwriters exercised their [...]
GoGold Resources Inc. has announced today that it has entered into an agreement with BMO Capital Markets as sole bookrunner along with a syndicate of underwriters including Sprott Capital Partners LP, PI Financial Corp., and Eight Capital., under which the underwriters have agreed to buy on bought deal basis 20,000,000 common shares, at a price of C$1.50 per Common Share for gross proceeds of approximately C$30 million [...]
GoGold Resources is pleased to announce the filing of a National Instrument 43-101 Technical Report on the Initial Mineral Resource Estimate for their Los Ricos South Project located in Jalisco State, Mexico. The highlights of the Report were previously announced in a news release dated July 29, 2020, and the effective date of the Report is July 28, 2020. Highlights of the Mineral Resource Estimate: Measured & Indicated [...]
GoGold Resources is pleased to release the assay results from an additional 6 holes drilled at the Company's La Trini silver-gold deposit on the Los Ricos North project. Hole LRGT-20-004 was drilled on the La Trini deposit and intersected a silicified and altered quartz rhyolite unit from 7.3 to 36.7m for 29.4m of 254 g/t silver equivalent, consisting of 122 g/t silver and 1.77 g/t gold. The intersect included 8.8m of 670 [...]
GoGold Resources is pleased to announce the release of financial results for the quarter ending June 30, 2020 with revenue of $7.9 million from the sale of 469,545 silver equivalent ounces which provided cash flow from operations before working capital changes of $1.3 million. "Parral generated cash flows of $2.2 million US in the quarter which, despite an interruption to the operations due to COVID-19, paid for our [...]
GoGold Resources Inc. is pleased to release the assay results from the first 3 holes drilled at the Company's La Trini silver-gold deposit on the Los Ricos North project, and 4 drill holes from the Los Ricos South project. Hole LRGT-20-003 was drilled on the La Trini deposit and intersected a silicified and altered quartz rhyolite unit from 128.0 to 157.8m for 29.8m of 713 g/t silver equivalent , consisting of 532 g/t [...]
GoGold Resources is pleased to announce their Initial Mineral Resource Estimate for their Los Ricos South Project located in Jalisco State, Mexico. In addition, the Company has updated the Mineral Reserve at the Parral Tailings operation, and the Mineral Resource Estimate at its Esmerelda Tailings Project located near Parral. Highlights of the Mineral Resource Estimate and Mineral Reserve: Measured & Indicated Mineral [...]
GoGold Resources is pleased to release the assay results from 6 diamond drill holes at the Los Ricos South Project, including 2 at Rascadero, 2 at San Juan, and the initial 2 at Las Lamas. Hole LRGG-20-192 was drilled on section 875N in the Rascadero area of the project and intersected the Los Ricos quartz vein from 43.7m to 63.7m for 16.7m of 368 g/t silver equivalent, consisting of 1.32 g/t gold and 268 g/t silver. The [...]
GoGold Resources is pleased to report production for the quarter ending June 30, 2020 of 504,444 silver equivalent ounces, consisting of 270,044 silver ounces, 1,914 gold ounces, and 104 tonnes of copper. Production in the quarter was only reduced by 16% compared to the previous quarter, despite being impacted by a partial shutdown of Parral due to COVID-19. While leaching of material on the heap leach continued [...]
GoGold Resources Inc. is pleased to release the assay results from 8 diamond drill holes at the Los Ricos South Project, including 4 at Rascadero, 1 at San Juan, and 3 at the East Vein. Hole LRGG-20-183 was drilled on section 925N in the Rascadero area of the project and intersected the Los Ricos quartz vein from 70.5 to 92.5m for 18.4m of 889 g/t silver equivalent, consisting of 5.18 g/t gold and 500 g/t silver. The [...]
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