GoGold Hits 17.2 Metres of 186 G/T Silver Equivalent At Los Ricos North

GoGold Resources (TSX: GGD) released additional assay results from its ongoing drill program at the Los Ricos North project this morning. With a total of eight holes seeing results released this morning, the company highlighted 17.2 metres of 186 g/t silver equivalent in hole LRGT-20-46 within the release this morning.

Mineralization from the highlight value includes 70 g/t silver and 1.55 g/t gold, which was intersected at a depth of 147.9 metres.

The results this morning come from the La Trini deposit of the Los Ricos North property, where two drill rigs are currently in operation. As a whole, the company has six rigs on site at the project, including three at the Salomon-Favor target, and 1 at the El Orito target. An additional two rigs are also enroute to site, however the focus of those two drills was not indicated this morning.

Outside of the highlighted drill result, the company provided commentary on two other holes that produced notable results. This includes hole LRGT-20-048 which hit 29.8 metres of 90 g/t silver equivalent at a depth of 49.5 metres, with mineralization consisting of 54 g/t silver and 0.48 g/t gold. It also included hole LRGT-20-044, which hit 5.0 metres of 147 g/t silver equivalent via 122 g/t silver and 1.96 g/t gold at a depth of 34.8 metres.

GoGold's assays reported at Los Ricos North

The remaining results, as seen above, were less notable however mineralization was hit in each hole reported. Four holes were not reported on in the press release as a result of insignificant mineralization being found.

GoGold Resources last traded at $1.56 on the TSX.


Information for this briefing was found via Sedar and GoGold Resources. 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.

Video Articles

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

New Found Gold Assays 63.7 G/T Gold Over 8.45 Metres

New Found Gold (TSXV: NFG) reported additional assay results from its flagship Keats Zone at...

Tuesday, April 27, 2021, 08:18:06 AM

Max Resource Acquires Additional Property In Cesar Copper-Silver Basin

Additional property south of the current Cesar property has been acquired by Max Resource Corp...

Monday, November 9, 2020, 07:58:00 AM

Gold Crosses $2,000 An Ounce Amid Market Fears

Gold this morning hit a new 52-week high before giving back some of its gains....

Monday, March 20, 2023, 08:34:07 AM

Vizsla Silver Board Gives OK For Vizsla Copper Corp Spinout

Vizsla Silver Corp. (TSXV: VZLA) announced this morning that its board has approved the spinout...

Tuesday, April 20, 2021, 08:11:12 AM

Monterey Minerals Announces $1.5 Million Private Placement

Monterey Minerals (CSE: MREY) announced this morning that it will be conducting a non-brokered private...

Tuesday, July 7, 2020, 09:18:35 AM