GoGold Resources Discusses the Potential of Their Los Ricos Silver Exploration Project with The Stock Day Podcast

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[{"type":"text","content":"GoGold Resources Discusses the Potential of Their Los Ricos Silver Exploration Project with The Stock Day PodcastPhoenix, Arizona--(Newsfile Corp. - March 18, 2021) - The Stock Day Podcast welcomed GoGold Resources (OTCQX: GLGDF) (TSX: GGD) (\"the Company\"), a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico. CEO of the Company, Bradley Langille, joined Stock Day host Everett Jolly.Langille began the interview by elaborating on the Company's financials over the past few quarters. \"We had a great quarter last quarter, and it's at a pretty steady state at our Parral operation, which is where we are producing the cash,\" explained Langille. \"The last quarter we sold $14.7 million, but our free cash flow at that operation was $6.7 million US,\" he continued. \"We finished the quarter at $56 million versus the previous quarter where we had $53.4 million in the bank.\"\"The real driver of the operation is our exploration development asset, Los Ricos,\" said Langille. \"We've mostly explored the southern part of that district, which is one that expands over 35 kilometers, but we're now drilling in Los Ricos north,\" he shared. \"We initiated a 100,000 meter drill program in Los Ricos north last summer, and we had nine drill rigs running up there.\"\"In the first 24 months in Los Ricos south, we defined 63 million ounces of silver equivalent, which has been measured and indicated, and then another 20 million in inferred. We actually released a preliminary economic assessment, which looks at the economics of that first target, and we have over a hundred targets in the project, and it had a net present value of $295 million US,\" said Langille. \"We're doing a pre-feasibility study in parallel to a 100,000 meter drill program in the north.\"\"The big news in 2021 is going to be in Los Ricos north; we're really hitting some big results up there. We're pulling all the drilling from those nine drill rigs together to have another resource come out in the district, we're aiming for September or October. That resource could be a lot bigger than Los Ricos south,\" continued Langille. \"This is the best project of my career and I've been doing this for 28 years.\"Jolly then asked about the combined potential of the Company's Parral Tailings and Los Ricos projects....

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