Thursday, July 31, 2025

GoGold Reports Resource of 63.7 Million Ounces Silver Equivalent At Los Ricos South

GoGold Resources (TSX: GGD) this morning announced their initial mineral resource estimate for the Los Ricos South Project in Mexico, reporting measured and indicated mineral resources of 63.7 million ounces of silver equivalent, grading 199 g/t silver equivalent in 10.0 million tonnes. Further, the company also updated mineral reserves and resource estimates at its Parral Tailings and Esmerelda Tailings projects, respectively.

In addition to measured and indicated resources at Los Ricos South, the company also reported inferred resources of 19.9 million ounces of silver equivalent, at an average grade of 190 g/t, contained in 3.3 million tonnes of rock. It’s been noted as well that the project is consists of both an open pit and underground resource. The resource estimate is expected to form the basis of a preliminary economic assessment, which the company anticipated to complete later this year.

A cut off of 0.43 g/t gold was used for the pit constrained estimate, while 1.4 g/t gold was the cut off for underground work.

With respect to its Parral tailings project, proven and probable mineral reserves have increased to 31.6 million ounces of silver equivalent, grading 64 g/t of silver equivalent within 15.4 million tonnes. Measured and indicated mineral resources at Esmerelda meanwhile increased to 13.3 million ounces of silver equivalent, grading an average of 72 g/t silver equivalent within 5.7 million tonnes.

GoGold in total now owns a total measured and indicated reserve of 108.6 million ounces of silver equivalent throughout all of its projects, grading an average of 109 g/t of silver equivalent within 31.1 million tonnes.

GoGold Resources last traded at $1.35 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 Gold’s Bull Run May Just Be Getting Started! | Peter Grandich

Tariffs Spark New Race for Critical Metals | Rob McEwen

Antimony Resources: The Bald Hill Project

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Vizsla Silver Drills 1,295.6 G/T Silver Equivalent Over 5.93 Metres At Panuco Project

Vizsla Silver Corp. (TSXV: VZLA) announced today the drill results from 19 holes targeting the...

Thursday, September 2, 2021, 10:33:00 AM

Vizsla Intersects 2,758 G/T Silver Equivalent Over 4.46 Metres At Napoleon

Vizsla Silver (TSXV: VZLA) this morning released released from its ongoing drill program at its...

Wednesday, April 14, 2021, 07:27:19 AM

Pegasus Resources Reports 6,670 G/T Silver, 7.44 G/T Gold In Sample At Gold Mountain Property

Pegasus Resources (TSXV: PEGA) this morning finally announced the results of its fall 2020 prospecting...

Wednesday, January 13, 2021, 09:06:14 AM

Max Resources: Chasing the Next Kupferschiefer

One of the more controversial junior mining stocks over the last year in Canada has...

Saturday, August 22, 2020, 08:30:00 AM

Aurania Resources Reports High Grade Copper-Silver, Little Data Provided

Aurania Resources (TSXV: ARU) this morning reported that it has conducted analysis on certain rock...

Thursday, July 16, 2020, 08:47:25 AM