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GoGold Receives Further Positive Metallurgical Results on Los Ricos South Deposit and Updates Pre-Feasibility Activity

GoGold Receives Further Positive Metallurgical Results on Los Ricos South Deposit and Upd...

articleGogold Resources, Inc.May 18, 20223/company/gogold-resources-inc/news/gogold-receives-further-positive-metallurgical-results-on-los-ricos-south-deposit-and-updates-pre-feasibility-activity
GoGold Receives Further Positive Metallurgical Results on Los Ricos South Deposit and Updates Pre-Feasibility Activity

About this update from Gogold Resources, Inc.

[{"type":"text","content":"\n \n \n \n GoGold Receives Further Positive Metallurgical Results on Los Ricos South Deposit and Updates Pre-Feasibility Activity\n \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 Canada NewsWire\n \n \n \n \n Shares Outstanding: 295,258,056\n \n Trading Symbols: TSX: GGD\n \n OTCQX: GLGDF\n \n \n \n \n HALIFAX, NS\n \n \n ,\n \n \n May 18, 2022\n \n \n \n /CNW/ - GoGold Resources Inc.\n \n (TSX: GGD) (OTCQX: GLGDF)\n \n (\"GoGold\", \"the Company\")\n \n is pleased to announce further positive results of the metallurgical testing of the Los Ricos South (\"LRS\") deposit. GoGold is also pleased to update on on-going Pre-Feasibility (\"PFS\") studies of the LRS project.\n \n \n The PFS optimization test work program has been completed independently at SGS Laboratories located in\n \n Lakefield, Ontario, Canada\n \n on HQ core samples. The program was to further develop data for the project to enhance the previously reported Preliminary Economic Assessment (\"PEA\") to a PFS level of report.\n \n \n \"Since acquiring the Los Ricos district in\n \n March 2019\n \n , we've focused on moving forward with the projects in three key areas.  The first area of focus has been resource definition and expansion through our drilling and exploration programs in the district.  The second area of focus has been on engineering and technical reports ultimately leading towards a construction decision.  The third area of focus has been on consolidation of mineral concessions within the district, expanding from the initial 29 to the current 44 concessions,\" said\n \n Brad Langille\n \n , President and CEO.  \"As outlined in this release, we are very pleased with the advancement of engineering towards the PFS in Los Ricos South, and the growth in resource ounces as defined in our last resource update.  Also, we cannot overlook the success of our consolidation efforts in the district of which potentially more strategic opportunities may present themselves.\"\n \n \n The objectives of the program were to develop comminution dat...

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