Business
GoGold Resources Drills 2,274 g/t AgEq over 0.8m and 58.8m of 111 g/t AgEq at El Favor East in Los Ricos North
HALIFAX, NS, Sept. 15, 2021 /CNW/ - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to release the results of 8 new drill h
About this update from Gogold Resources, Inc.
[{"type":"text","content":" HALIFAX, NS, Sept. 15, 2021 /CNW/ - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (\"GoGold\", \"the Company\") is pleased to release the results of 8 new drill holes from the El Favor East zone and 1 drill hole from El Favor, both in the Los Ricos North project. Drill hole LRGF-21-066 intersected 0.8m of 2,274 g/t silver equivalent (\"AgEq\"), within 108.0m of 59 g/t AgEq. Drill hole LRGF-21-069 intersected 58.8m of 111 g/t AgEq, including 4.8m of 551 g/t AgEq. See Table 1 for breakdown of silver and gold values. \"Hole 72 is our most easterly hole released to date and extends the mineralization 300m to the east from discovery hole 48,\" said Brad Langille, President and CEO. \"We have redirected drills to El Favor East as we aim to include a portion of El Favor East in our upcoming initial Los Ricos North resource.\" Table 1: Drill Hole Intersections Hole ID Area / Vein From To Length1 Au Ag AuEq2 AgEq2 (m) (m) (m) (g/t) (g/t) (g/t) (g/t) LRGF-21-062 El Favor East 120.5 122.6 2.1 0.21 54.4 0.94 70.1 and 134.4 136.0 1.5 0.26 75.8 1.27 95.5 LRGF-21-063 El Favor 57.1 73.4 16.3 0.05 43.9 0.64 47.9 including 64.4 67.0 2.7 0.16 138.3 2.00 150.3 LRGF-21-064 El Favor East 69.7 70.6 0.9 0.31 232.6 3.41 255.4 and 146.1 148.8 2.7 0.07 50.0 0.74 55.6 LRGF-21-065 El Favor East 9.5 78.2 68.7 0.12 71.0 1.07 80.0 including 75.0 78.2 3.2 0.88 430.6 6.62 496.5 LRGF-21-066 El Favor East 49.4 157.4 108.0 0.16 47.0 0.78 58.9 including 107.6 123.7 16.1 0.65 152.6 2.68 201.2 including 116.3 118.4 2.1 4.08 737.9 13.92 1,043.9 including 116.9 117.8 0.8 9.05 1,595.5 30.33 2,274.4 LRGF-21-067 El Favor East3 50.4 128.5 73.7 0.26 66.0 1.14 85.8 including 52.3 53.9 1.6 5.10 316.3 9.32 698.8 including 68.0 70.5 2.5 1.32 514.7 8.19 613.9 including 69.1 70.5 1.5 2.12 843.0 13.36 1,002.1 and 116.5 125.1 8.6 0.15 66.9 1.05 78.5 LRGF-21-069 El Favor East4 76.0 139.8 58.8 0.28 90.1 1.48 110.9 including 101.7 106.4 4.8 1.71 423.0 7.35 551.4 LRGF-21-070 El Favor East5 62.2 118.0 48.1 0.28 83.3 1.39 104.5 including 102.5 105.5 3.0 1.79 219.3 4.71 353.2 LRGF-21-071 El Favor East6 95.8 143.0 43.7 0.17 56.1 0.92 69.1 including 99.2 100.1 0.9 2.34 833.7 13.45 1,009.0 LRGF-21-072 El Favor East 133.1 134.6 1.5 0.28 92.0 1.51...