GoGold Resources Inc. is pleased to announce that at the annual and special meeting of shareholders held on March 24, 2021, the shareholders re-elected John Turner, Bradley Langille, Phillip Gaunce, George Waye, and Terrence Cooper as directors of the Company for the forthcoming year. Each director was elected by a majority of the votes and the table below presents the votes in respect of the election of each director [...]
GoGold Resources Inc. is pleased to release the results of 4 new drill holes from the Casados deposit in the Los Ricos North project. Hole LRGCS-21-011 intersected 49.1m of 291 g/t silver equivalent which included 0.8m of 7,616 g/t AgEq. See Table 1 for details including the breakdown of silver and gold values. "The Casados deposit is exceeding our expectations in both the width of the structures and the grade. These [...]
GoGold Resources Inc. is pleased to release the results of 5 diamond drill holes from the El Orito area in its Los Ricos North project. Hole LRGO-21-014 intersected 84.6m of 125 g/t silver equivalent, which included 3.5m of 845 g/t AgEq. "Our drilling at El Orito is really showing that the target has very wide zones of mineralization that we feel could make it amenable to low-cost bulk mining," said Brad Langille [...]
GoGold Resources Inc. is pleased to release the results of 12 diamond drill holes from the El Favor deposit in the Los Ricos North project. Hole LRGF-21-033 intersected significant mineralization for a total of 48.5m out of 122.8m drilled, including 2.3m of 2,245 g/t silver equivalent within 8.8m of 636 g/t AgEq. The hole also intersected 33.9m of 160 g/t AgEq which contained 3.0m of 527 g/t AgEq in a second vein, and [...]
GoGold Resources Inc. is pleased to announce the filing of a National Instrument 43-101 Preliminary Economic Assessment Technical Report for their Los Ricos South Project located in Jalisco State. The highlights of the Report were previously announced in a news release dated January 20, 2021, and the effective date of the Report is February 22, 2021. Highlights of the PEA, with a base case silver price of US$21/oz and [...]
GoGold Resources Inc. is pleased to release the results of the initial 9 diamond drill holes from the Casados deposit in the Los Ricos North project. These are the first holes ever drilled in what represents a new discovery at Casados. Although there was limited historical mining that averaged 1.5m in width on one of the veins, the discovery is that the Casados Vein 1 is strongly mineralized over widths exceeding 20m [...]
GoGold Resources Inc. is pleased to announce the release of financial results for the quarter ending December 31, 2020 with record revenue of $14.1 million from the sale of 601,551 silver equivalent ounces which provided cash flow from operations of $5.9 million. "Parral set another quarterly production record which generated $6.7 million US of free cash flow, paying for all of our exploration and general and [...]
GoGold Resources Inc. is pleased to release the results of drilling at La Trini in Los Ricos North. To date, the Company has released the drill results of 96 holes at La Trini. Drill hole LRGT-20-096 intercepted 11.4m of 101 g/t silver equivalent , consisting of 97 g/t silver and 0.05 g/t gold, from 36.9 to 38.3m. This included 0.8m of 1,233 g/t AgEq, consisting of 1,214 g/t silver and 0.25 g/t gold. "With the release of [...]
GoGold Resources Inc. is pleased to release the results of the initial 6 diamond drill holes from the new discovery called El Orito in its Los Ricos North project. All 6 holes have intersected significant zones of epithermal silver, gold, and base metal sulfide mineralization as shown in Table 1. These are the first drill holes ever to test El Orito. Drill hole LRGO-20-005 intersected 43.0m averaging 322.7 g/t AgEq [...]
GoGold Resources Inc. is pleased to release the results of its initial Preliminary Economic Assessment at its Los Ricos South Project located in Jalisco State, Mexico. Highlights of the PEA, with a base case silver price of US$21.00/oz and gold price of US$1,550/oz are as follows : GoGold completes PEA at its first target in Los Ricos district – Los Ricos South; After-Tax NPV of $295 Million with an After-Tax IRR of 46 [...]
GoGold Resources Inc. is pleased to report record production for the quarter ending December 31, 2020 of 614,149 silver equivalent ounces, consisting of 298,591 silver ounces, 3,632 gold ounces, and 125 tonnes of copper. "Parral had another excellent quarter, setting another production record, which generated over US$5 million in free cash flow. With the strength of Parral's cash flow, we were able to increase our cash [...]
GoGold Resources Inc. is pleased to release additional assay results from the Company's El Favor deposit on the Los Ricos North property, including 2.0m of 928 g/t silver equivalent , within 15.3m of 174 g/t AgEq, both from hole LRGF-20-019. "Results from our first 20 diamond drill holes are demonstrating the El Favor deposit is hosted by a large scale zone of semi-parallel silver and gold bearing structures. The deposit [...]