Business
GoGold Resources Drills 3,435 g/t AgEq over 1.0m within 41.6m of 312 g/t AgEq at Casados in Los Ricos North
HALIFAX, NS, Aug. 18, 2021 /CNW/ - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to release the results of 7 new drill ho
About this update from Gogold Resources, Inc.
[{"type":"text","content":" HALIFAX, NS, Aug. 18, 2021 /CNW/ - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (\"GoGold\", \"the Company\") is pleased to release the results of 7 new drill holes from the Casados deposit in the Los Ricos North project. Drill hole LRGCS-21-053 intersected 3,435 g/t silver equivalent (\"AgEq\") over 1.0m within 41.6m of 312 g/t AgEq. See Table 1 for breakdown of silver and gold values. \"We're pleased with these exceptional grades contained within wider zones of strong grades at Casados. As we work towards our initial resource at Los Ricos North expected this fall, we're beginning to work on finalizing our models for certain areas of the project. At this point we've cut off drilling at Casados on the principal Casados structure and La Trini and that data is being forwarded to our third party,\" said Brad Langille, President and CEO. \"We continue with our sampling and mapping program at Los Ricos North to generate drill targets for future resource work in the Casados area.\" Table 1: Drill Hole Intersections Hole ID Area From To Length1 Au Ag AuEq2 AgEq2 (m) (m) (g/t) (g/t) (g/t) (g/t) (g/t) LRGCS-21-050 Casados 227.5 246.5 19.0 0.54 131.5 2.29 171.7 including 241.7 245.0 3.3 2.47 612.3 10.63 797.3 including 243.7 245.0 1.3 5.16 1,319.5 22.75 1,706.5 LRGCS-21-052 Casados 255.5 262.5 7.1 0.14 50.3 0.81 60.7 LRGCS-21-053 Casados 97.5 107.0 9.5 0.50 233.2 3.61 270.6 including 98.3 100.4 2.1 1.90 888.9 13.75 1,031.4 and 186.9 228.5 41.6 1.25 218.5 4.16 312.1 including 199.4 208.2 8.8 4.71 698.1 14.02 1,051.5 including 199.4 200.4 1.0 18.32 2,061.2 45.80 3,435.2 including 206.4 207.4 1.0 7.99 1,599.7 29.32 2,199.0 LRGCS-21-059 Casados 64.5 67.2 2.7 0.33 117.9 1.90 142.4 LRGCS-21-060 Casados 26.2 45.3 19.2 0.53 185.4 3.00 224.9 including 36.9 45.3 8.5 1.14 384.1 6.27 469.9 including 41.2 45.3 4.2 1.75 594.5 9.68 725.9 including 43.8 45.3 1.6 3.63 1,150.9 18.97 1,422.8 LRGCS-21-061 Casados 83.5 84.9 1.5 0.45 148.0 2.42 181.5 LRGCS-21-062 Casados 60.0 68.2 8.2 0.26 82.1 1.36 101.7 including 64.6 66.4 1.9 0.88 272.1 4.51 338.3 1. Not true width 2. AqEq converted using a silver to gold ratio of 75:1 at recoveries of 100%. The Casados Veins strike nearly E-W, dips 45o to the north and is hosted...