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.
Can WallStreetBets Push Silver Higher? – The Daily Dive feat John-Mark Staude
Returning to the Daily Dive is frequent guest John-Mark Staude, whom is CEO of Riverside...