GoGold Hits 207 G/T Silver Equivalent Over 31.0 Metres At Los Ricos North

GoGold Resources (TSX: GGD) has released additional assays from its La Trini deposit at the Los Ricos North project, located in Jalisco State, Mexico. The results come from the ongoing drill program being conducted on the property, with the highlight value being 31.0 metres of 207 g/t silver equivalent, which came from hole LRGT-20-37.

The hole intersected mineralization at a depth of 34.8 metres, with the actual figure reported being 95.0 g/t silver and 1.50 g/t gold. The intersection also contained a sub interval of 11.2 metres of 165 g/t silver and 3.67 g/t gold, at a depth of 38.7 metres.

Data released this morning from the ongoing drilling contained drill results from a total of 13 holes. The company currently has a total of three drill rigs actively drilling the La Trini deposit, while two drills are active at the Salomon-Favor Target, and one is active on the El Orito target, both of which are also located at the Los Ricos North project.

Hole IDAreaFrom (m)To (m)Length (m)Gold (g/t)Silver (g/t)Gold Equivalent (g/t)Silver Equivalent (g/t)
LRGT-20-028La Trini14.024.010.00.1023.90.4231.7
and46.150.94.80.0440.70.5943.9
LRGT-20-029La Trini20.626.96.31.42126.93.11233.3
and44.055.811.80.0514.80.2518.7
LRGT-20-030La Trini2.421.218.80.2430.40.6448.1
LRGT-20-031La Trini38.962.924.00.8051.51.49111.9
including41.747.76.02.78103.54.16312.0
and68.777.79.00.2844.10.8765.3
LRGT-20-034La Trini52.776.223.50.1696.91.45108.8
including52.763.210.50.26160.82.41180.4
LRGT-20-035La Trini149.0158.09.00.2930.90.7052.6
LRGT-20-036La Trini2.014.012.00.1327.10.4936.5
and58.087.229.20.1023.00.4130.6
LRGT-20-037La Trini34.865.831.01.5094.62.76207.2
including38.749.811.23.67165.35.87440.4
LRGT-20-038La Trini41.852.911.10.0229.20.4130.5
LRGT-20-039La Trini31.866.334.50.7978.71.84138.1
including33.238.85.63.08179.35.47409.9
LRGT-20-040La Trini49.656.67.00.0631.80.4936.6
and66.674.88.20.1131.50.5339.4
and81.794.813.10.1342.20.6951.6
LRGT-20-041La Trini27.152.825.70.2138.00.7253.8
including30.841.811.00.4045.51.0175.7
and71.875.84.00.0437.00.5340.1
LRGT-20-042La Trini47.071.024.00.1639.30.6851.3
including50.057.07.00.3362.11.1686.7

GoGold currently views the Los Ricos North project as being a large mineralized system. The company currently intends to expand on the system with its aggressive drill program.

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

GoGold Resources last traded at $1.65 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

A $2.2B Gold Project Is Outgrowing Its Plan | Michael Henrichsen – Gold X2 Mining

Pay for the Copper, Get the Gold Free | Rob McEwen – McEwen Inc

This Gold Discovery Was Already Huge. Now It’s Becoming a Monster. | Goliath Resources

Recommended

Homeland Nickel Signs Binding Offtake With Westwin for 20,000 Tonnes of Concentrate a Year

Golden Cariboo’s First Quesnelle Resource Estimate Tallies 1.19 Million Gold Equivalent Ounces

Related News

Karora Reduces 2023 Gold Production Guidance As It Increases Focus On Nickel

Karora Resources (TSX: KRR) this morning posted its fourth quarter financial results, highlighted by topline...

Thursday, March 23, 2023, 08:38:59 AM

Rockland Resources Begins Drill Program At Flagship Property

Rockland Resources (CSE: RKL) has begun drilling. The firm this morning announced the commencement of...

Wednesday, July 7, 2021, 08:48:39 AM

IAMGOLD Records US$297.4 Million In Revenue For Q1 2021

IAMGOLD Corporation (TSX: IMG) reported today its financial results for Q1 2021, highlighting revenue of...

Tuesday, May 4, 2021, 10:19:00 AM

New Found Gold Hits 124.4 G/T Gold Over 17.7 Metres

New Found Gold (TSXV: NFG) continues to intersect bonanza grade gold at the Keats Zone...

Tuesday, May 4, 2021, 07:46:39 AM

New Found Gold Hits 261.3 G/T Gold Over 7.2 Metres At Keats

New Found Gold (TSXV: NFG) continues to post strong results from its drill program at...

Tuesday, April 20, 2021, 08:29:50 AM