GoGold Intersects 61.4 Metres Of 204 G/T Silver Equivalent At Los Ricos North

GoGold Resources (TSX: GGD) has released further assays in what has become a slow release of results from its La Trini deposit at the Los Ricos North property. Highlights from the latest data dump include 3.4 metres of 2,765 g/t silver equivalent, within 61.4 metres of 204 g/t silver equivalent from hole LRGT-20-070.

Going forward the company will now be looking to test the outer limits of the La Trini deposit, with the next series of holes to be locatest to the northwest of current drilling. The La Trini target was one of over 100 that was identified earlier this year for exploratory drilling within the Los Ricos North property that had never been previously drilled. El Favor was also one such deposit, with eight more now being selected for drill testing next year.

The company highlight additional results from recent assays as well, such as 33.0 metres of 162 g/t silver equivalent from hole LRGT-20-074 and 29.5 metres of 143 g/t silver equivalent from hole LRGT-20-068. Full results from the recently received assays can be found below. The company has indicated that two drill rigs are currently in operation at La Trini, while three are drilling the El Favor zone and one is drilling at El Orito.

HoleAreaFrom (m)To (m)Length (m)Gold (g/t)Silver (g/t)Gold Equiv (/t)Silver Equiv (g/t)
LRGT-20-066La Trini84.4107.523.10.0443.60.6246.7
including84.488.94.50.0880.31.1686.7
LRGT-20-068La Trini74.0103.529.50.6990.71.90142.6
including76.092.716.71.18141.43.07229.9
including80.586.96.32.66319.86.92519.1
LRGT-20-069La Trini36.072.736.71.0069.31.92144.3
including37.057.720.71.5389.52.73204.5
LRGT-20-070La Trini55.6117.061.41.06124.02.72203.7
Including55.669.513.94.29477.110.65798.9
Including61.164.53.414.281694.136.872,765.3
LRGT-20-071La Trini109.4125.015.60.1192.91.34100.8
including109.4112.12.60.22327.84.59344.3
LRGT-20-073La Trini67.5111.644.10.5645.61.1787.4
including67.573.96.42.18108.33.62271.6
LRGT-20-074La Trini105.2138.233.01.2468.32.15161.5
including110.0116.06.04.94218.07.85588.5

GoGold Resources last traded at $1.67 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

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

Mercado Begins Field Exploration At Copalito In Advance Of Planned Drill Program

Antimony Resources Drills 8.48% Sb Over 3 Metres, 2.07% Sb Over 27 Metres At Bald Hill

Related News

Monterey Minerals Closes $1.2 Million First Tranche of Financing

Monterey Minerals (CSE: MREY) has closed the first tranche of the private placement announced earlier...

Thursday, July 9, 2020, 07:57:59 PM

Blackrock Gold Hits 2,215 G/T Silver Equivalent At Tonopah West In Further Drilling

Blackrock Gold Corp (TSXV: BRC) this morning released further results from its drill program at...

Tuesday, September 1, 2020, 09:35:17 AM

Kirkland Lake: Canaccord Maintains $68 Price Target, Buy Rating

On Wednesday, July 1, during market hours Kirkland Lake Gold (TSX: KL) reissued it’s 2020...

Thursday, July 2, 2020, 12:12:07 PM

Mexico: The World’s Leading Silver Producer

There is a saying in the mining industry that miners go where the minerals are....

Saturday, February 6, 2021, 02:48:00 PM

Newlox Gold Sees Gold Recoveries As High As 98.77% From Gold Leaching Tech

Newlox Gold Ventures (CSE: LUX) this morning provided the market with an update on ongoing...

Thursday, April 22, 2021, 08:59:33 AM