GoGold Drills 1,007 g/t AgEq over 4.2m within 58.0m of 168 g/t AgEq at El Orito in Los Ricos North
Shares Outstanding: 277,483,967Trading Symbols: TSX: GGDOTCQX: GLGDF , /PRNewswire/ - (TSX: GGD) (OTCQX: GLGDF) is pleased to release the results of 12 diamond drill holes from the El Orito area in its Los Ricos North project. Hole LRGO-21-041 intersected of 1,007 g/t silver equivalent ("AgEq") contained within of 168 g/t AgEq (See Table 1 for details including breakdown of zinc, silver and gold values). After seeing the amount and types of sulphide minerals present in the first drill holes through the El Orito deposit, the company initiated an Induced Polarization ("IP") survey to map out the sulphide rich zone along strike and down dip. The IP survey is mapping a strong chargeability anomaly over the mineralization, and it is thought to be related to the pyrite and chalcopyrite content in the zone. The survey is continuing eastwards into the El Favor deposit (see Figure 2).
GoGold Drills 1,243 g/t AgEq over 1.3m within 56.1m of 105 g/t AgEq at El Favor in Los Ricos North
Shares Outstanding: 277,483,967 Trading Symbols: TSX: GGDOTCQX: GLGDF , /PRNewswire/ - (TSX: GGD) (OTCQX: GLGDF) is pleased to release the results of 6 new drill holes from the El Favor deposit in the Los Ricos North project. Drill hole LRGF-21-041 intersected of 105 g/t silver equivalent ("AgEq"), including of 1,243 g/t AgEq. The merging of 4 veins in the western portion of El Favor continue to provide significant widths of good grade which could be potentially amenable to bulk mining. Currently at El Favor drilling is underway on an eastern extension of the structure where good mineralization has been encountered and assay results are expected in the coming weeks. See Table 1 for breakdown of silver and gold values."Over the last several months, our exploration drilling on El Orito and El Favor led us to believe that these structures may connect to form a mineralized zone in excess of 3 kilometres. This is a very exciting development which could add greatly to the potential mineral resources in Los Ricos North," said , President and CEO. "The combination of geophysics and drill testing on this El Orito – El Favor trend are powerful tools in the development of Los Ricos North."
GoGold Drills 2,835 g/t AgEq over 0.8m on New Vein at Casados in Los Ricos North
Shares Outstanding: 277,402,117Trading Symbols: TSX: GGDOTCQX: GLGDF , /PRNewswire/ - (TSX: GGD) (OTCQX: GLGDF) is pleased to release the results of 9 new drill holes from the Casados deposit in the Los Ricos North project. GoGold's geological mapping program has located a series of historical workings along NNW trending veins that splay off the main Casados Vein along a horsetail structure (see Figure 4 for a plan view map and Figure 5 for a sampling map). Drill hole LRGSC-21-038 intersected a vein in the Casados North zone close to surface and averaged 830 g/t silver equivalent ("AgEq") over and includes a interval of 2,835 g/t AgEq. See Table 1 for breakdown of silver and gold values."Mapping on the Casados North zone has paid off with the intercept of multiple kilos in hole 38," said , President and CEO. "We will continue to explore the Casados North zone as new discoveries like this will be favourable for our upcoming Los Ricos North maiden resource to be released later this year."