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GoGold Announces Filing of Los Ricos Project Technical Report

GoGold Announces Filing of Los Ricos Project Technical Report Canada NewsWire HA...

articleGogold Resources, Inc.December 30, 20194/company/gogold-resources-inc/news/gogold-announces-filing-of-los-ricos-project-technical-report
GoGold Announces Filing of Los Ricos Project Technical Report

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[{"type":"text","content":"\n\n\n\nGoGold Announces Filing of Los Ricos Project Technical Report\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n\n\n\n\n\n\n\nCanada NewsWire\nHALIFAX, NS, Dec. 30, 2019\n\n\n\nTrading Symbol:      TSX: GGDShares Outstanding: 186,072,211\n HALIFAX, NS, Dec. 30, 2019 /CNW/ - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (\"GoGold\", \"the Company\") is pleased to announce the filing of an NI 43-101 Technical Report on their Los Ricos Project and the filing of their 2019 Annual Information Form.  The technical report is a partial summary of work completed in the 2019 GoGold drill program and will be followed up by the completion of an NI 43-101 compliant Mineral Resource Estimate in 2020.\nP&E Mining Consultants Inc. was engaged to prepare a Qualified Person's Review and National Instrument 43-101 Standards of Disclosure for Mineral Projects (\"NI 43-101\") Technical Report for the Los Ricos Project located in the State of Jalisco, Mexico for GoGold.  The key outcomes of work by GoGold on Los Ricos to date are:\nDiamond drilling continues to intersect the silver and gold bearing Los Ricos veins past the limits of the former underground workings Original drawings of the legacy mine workings recovered from the Mansfield Library at the University of Montana in Missoula, Montana were digitized and compiled into 3-D modeling software. Compilation of over 8,000 historical silver and gold assays of the underground stopes, crosscuts, raises and drifts have identified the dimensions and plunge of the high-grade ore shoots and extensions of the vein along strike and down dip. Compilation of the underground workings identified new target areas for drill testing extensions of the Cinco Minas Vein including the San Juan, Rascadero, Magdalena and San Pedro prospects. Compilation of the original monthly reports by the Mine Manager of the Cinco Minas Mining Company has provided a wealth of information on the underground geology, development, mining methods, plant operations, metal recoveries and bullion sales over the...

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