GoGold Resources Inc. (TSX: GGD) reported today the results from eight diamond drill holes at the El Orito area in its Los Ricos North project. The company was able to intersect 145 g/t silver equivalent over 53.4 metres among other results.
The highlights of the results include:
- LRGO-21-027: 145.0 g/t silver equivalent (57.2 g/t Ag, 0.10 g/t Au, 0.24% Cu, 2.19% Pb, 0.16% Zn) over 53.4 metres, including
- 376.2 g/t silver equivalent (150.0 g/t Ag, 0.06 g/t Au, 0.47% Cu, 7.07% Pb, 0.29% Zn) over 4.1 metres
- LRGO-21-020: 330.6 g/t silver equivalent (168.1 g/t Ag, 2.02 g/t Au, 0.02% Cu, 0.16% Pb, 0.14% Zn) over 11.8 metres, including
- 1,728.9 g/t silver equivalent (832.2 g/t Ag, 11.63 g/t Au, 0.05% Cu, 0.51% Pb, 0.21% Zn) over 1.8 metres
The company also highlighted that hole LRGO-21-020 yielded drill results with “high gold values, which differs from the base metal zones” the company has seen to date at El Orito.
GoGold relayed that the holes it has drilled so far at El Orito have shown mineralization averaging 30 metres in width over 700 metres in strike length and 200 metres in vertical depth from the surface. The site is presently open in all directions.
GoGold Resources Inc. last traded at $2.69 on the TSX.
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.