Saturday, May 31, 2025

Latest

GoGold Hits 1,007 g/t Silver Equivalent Over 4.2 Metres At Los Ricos North

GoGold Resources Inc. (TSX: GGD) today released assay results of 12 diamond drill holes from the El Orito region at the company’s Los Ricos North project. Highlight results include drill hole LRGO-21-041 intersecting 4.2 metres of 1,007 g/t silver equivalent.

Highlights from the drill results include:

  • LRGO-21-029: 221.2 g/t silver equivalent over 12.4 metres
  • LRGO-21-031: 93.6 g/t silver equivalent over 26.6 metres
  • LRGO-21-032: 250./8 g/t silver equivalent over 29.4 metres
  • LRGO-21-036: 58.2 g/t silver equivalent over 117.9 metres
  • LRGO-21-041: 168.0 g/t silver equivalent over 58.0 metres

The company also indicated that it conducted an induced polarization survey to distinguish the sulfide rich zone along strike and down dip through the El Orito deposit. A strong chargeability anomaly has been mapped out by the IP survey, and it’s anticipated that it’s related to the pyrite and chalcopyrite content within the zone. IP surveying assessments are continuing eastwards into the El Favor deposit.

The strike length of the El Orito-El Favor structure remains open in both directions and is currently approaching 2,500m.

GoGold Resources Inc. last traded on the TSX at $3.02.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

ESGold Begins Concentration Tests Ahead Of First Production

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

Related News

Canuc Resources Identifies Three Large Magnetic Anomalies Via Drone Survey At San Javier

Canuc Resources (TSXV: CDA) has received the final report from a drone supported magnetic survey...

Thursday, January 7, 2021, 10:06:26 AM

GoGold Resources Quarterly Production Falls 16% Due To COVID-19

GoGold Resources (TSX: GGD) this morning announced production of 504,444 silver equivalent ounces for the...

Tuesday, July 14, 2020, 08:37:39 AM

Bank Of America Lowers Gold Price Target To $2000? – The Daily Dive feat John-Mark Staude

Returning to the Daily Dive today is that of John-Mark Staude of Riverside Resources (TSXV:...

Wednesday, December 16, 2020, 01:00:00 PM

Canuc Resources Focuses On Finding Silver-Gold Breccia At San Javier

Canuc Resources Corp (TSXV: CDA) this morning updated the market on its current exploration targets...

Thursday, August 6, 2020, 10:14:39 AM

Eric Sprott Invests $78 Million In First Majestic Silver

Eric Sprott is evidently a fan of First Majestic Silver (TSX: FR) (NYSE: AG), with...

Thursday, September 10, 2020, 04:53:03 PM