GoGold to Present at Upcoming Conferences and Provides Summary of Los Ricos Exploration to Date
GoGold to Present at Upcoming Conferences and
Provides Summary of Los Ricos Exploration to Date
Trading Symbol: TSX: GGD
Shares Outstanding: 185,823,461
HALIFAX
,
Sept. 6, 2019
/CNW/ -
GoGold Resources Inc.'s (TSX: GGD) ("GoGold", "the Company")
President and CEO,
Brad Langille
, will present at the upcoming Precious Metals Summit in
Beaver Creek,
Colorado
, on
September 13, 2019
at
12:45PM EST
, and Denver Gold Group's Gold Forum Americas in
Denver,
Colorado
on
September 17, 2019
at
10:40AM EST
.
"This will be a great opportuny to present the results of our very successful drilling campaign at Los Ricos, as
well as Parral's production currently outperforming any of the Company's past quarters, to the attendees of the
upcoming conferences. A long section and list of all of our drill holes to date are included below," said
Brad
Langille
, President and CEO.
Figure 1 is a longitudinal section summary of all the holes drilled at Los Ricos to date and is available at
https://gogoldresources.com/component/rsfiles/preview?path=diagrams%252FLosRicos_LongSec_20190904.pdf
.
Figure 1 is a longitudinal section summary of all the holes drilled at Los Ricos to date and is available at
https://gogoldresources.com/component/rsfiles/preview?
path=diagrams%252FLosRicos_LongSec_20190904.pdf. (CNW Group/GoGold Resources Inc.)
Figure 2 provides a 3D view of the Los Ricos property surrounding the historical underground workings at the
Main Area, with the location of the other zones shown.
Figure 2 provides a 3D view of the Los Ricos property surrounding the historical underground workings at the
Main Area, with the location of the other zones shown. (CNW Group/GoGold Resources Inc.)
Detailed intersections for all holes drilled to date are shown below in Table 1.
Table 1
Hole ID
Comment
From
To
Length
1
Au
Ag
AuEq
2
(m)
(m)
(m)
(g/t)
(g/t)
(g/t)
LRGG-19-001
Main
71.0
106.5
35.5
1.24
284.7
5.04
HW zone
71.0
81.0
10.0
1.27
249.1
4.59
Open Stope
3
81.0
82.5
1.5
*
*
*
FW zone
82.5
106.5
24.0
1.31
317.3
5.54
including
91.5
98.0
6.5
3.32
905.8
15.39
LRGG-19-002
Main
26.5
54.1
27.6
1.56
159.0
3.68
including
28.4
34.0
5.6
5.52
525.0
12.52
LRGG-19-003
Main
145.0
165.4
20.4
2.21
318.7
6.45
including
145.0
155.5
10.5
4.26
608.0
12.36
including
146.0
153.2
7.2
6.17
869.5
17.77
LRGG-19-004
Main
96.5
99.0
2.5
0.04
27.2
0.40
LRGG-19-005
Main
121.0
131.8
10.8
0.19
53.8
0.91
LRGG-19-006
Main
107.1
132.0
25.0
0.33
35.7
0.81
including
119.7
122.5
2.8
1.41
52.6
2.11
LRGG-19-007
Main
149.5
161.2
11.7
0.68
88.8
1.87
including
163.0
169.1
6.1
0.58
141.9
2.47
LRGG-19-008
Main
109.4
131.7
22.4
4.13
182.1
6.55
including
127.5
130.5
3.0
25.08
533.9
32.20
and
134.7
147.6
12.9
0.17
31.5
0.59
LRGG-19-009
Main
34.5
55.7
21.2
7.66
1270.2
24.60
including
37.8
44.7
6.9
21.97
3717.6
71.54
LRGG-19-010
Open Stope
3
97.5
99.0
1.5
-
-
-
Main
99.0
117.8
18.8
0.37
67.9
1.27
including
102.2
106.7
4.5
0.96
119.5
2.55
LRGG-19-011
Main
253.0
271.5
18.5
1.20
140.3
3.07
including
261.8
270.3
8.4
2.16
227.8
5.19
LRGG-19-012
Main
220.3
238.0
17.8
0.59
82.7
1.69
including
224.5
238.0
13.5
0.77
100.4
2.11
including
228.5
235.5
7.0
1.16
131.9
2.92
LRGG-19-013
Main
163.9
179.5
15.6
0.78
194.7
3.38
including
166.0
174.8
8.8
1.30
296.5
5.25
including
166.0
168.2
2.2
2.09
331.7
6.52
LRGG-19-014
Main
204.3
218.5
14.2
1.10
126.8
2.79
including
208.3
216.0
7.7
1.94
209.3
4.73
and
224.5
228.0
3.5
0.16
26.5
0.51
LRGG-19-015
Main
23.4
40.5
17.1
0.71
67.9
1.62
including
27.0
32.6
5.6
1.68
137.2
3.51
Open Stope
3
40.5
43.7
3.2
*
*
*
Main
43.7
54.0
10.3
1.19
85.0
2.33
including
43.7
49.0
5.3
2.02
138.1
3.87
LRGG-19-016
Main
80.8
85.8
5.0
0.52
160.6
2.66
Open Stope
3
85.8
88.3
2.5
*
*
*
including
91.7
98.1
6.3
2.14
336.7
6.63
LRGG-19-017
Main
83.2
115.2
32.0
0.80
178.8
3.18
including
83.2
94.5
11.3
1.46
347.8
6.10
LRGG-19-018
Main
258.5
279.9
21.4
0.81
170.1
3.08
including
263.2
276.0
12.9
1.24
262.4
4.74
including
268.5
276.0
7.5
1.78
342.4
6.35
LRGG-19-019
Main
23.0
27.5
4.5
1.50
196.6
4.13
Open Stope
3
27.5
29.7
2.2
*
*
*
Main
29.7
43.5
13.8
0.63
86.0
1.78
including
29.7
33.9
4.2
1.52
198.3
4.17
LRGG-19-020
Main
43.8
58.7
14.9
1.78
106.4
3.20
including
45.0
52.0
7.0
3.48
155.6
5.55
LRGG-19-021
Main
9.0
16.5
7.5
0.09
18.1
0.33
Open Stope
3
16.5
22.5
6.0
*
*
*
Main
22.5
38.1
15.6
1.15
113.5
2.67
including
22.5
29.0
6.5
2.38
236.5
5.54
LRGG-19-022
Main
170.4
193.7
23.3
1.78
201.5
4.47
including
171.5
181.5
10.0
3.58
389.6
8.78
LRGG-19-023
Main
34.0
58.0
24.0
0.61
126.0
2.29
including
34.0
48.7
14.7
0.93
200.8
3.61
LRGG-19-024
Main
25.0
30.0
5.0
0.36
30.8
0.77
LRGG-19-025
Main
34.9
59.5
24.6
1.30
135.0
3.10
including
34.9
50.4
15.5
2.00
203.3
4.71
LRGG-19-026
Main
4.0
9.7
5.7
1.29
201.1
3.98
Open Stope
3
9.7
11.3
1.6
*
*
*
Main
11.3
29.5
18.2
0.16
34.5
0.62
LRGG-19-027
Main
38.3
51.0
12.7
1.08
169.8
3.34
including
38.3
45.0
6.7
1.83
268.1
5.40
and
60.0
65.0
5.1
0.28
23.4
0.59
LRGG-19-028
Main
34.5
62.0
27.5
1.21
133.5
2.99
including
35.1
46.0
11.0
2.93
293.9
6.85
LRGG-19-029
Main
28.5
31.5
3.0
0.99
157.1
3.09
Open Stope
3
31.5
34.1
2.6
*
*
*
Main
34.1
34.7
0.6
1.64
300.3
5.64
Open Stope
3
34.7
39.0
4.3
*
*
*
Main
39.0
41.0
2.0
0.12
19.4
0.38
LRGG-19-030
San Juan
128.7
145.5
16.9
0.54
67.8
1.45
including
138.0
143.0
5.0
1.46
147.9
3.43
LRGG-19-031
Main
25.5
31.7
6.2
1.17
157.8
3.27
LRGG-19-032
Main
38.5
56.0
15.5
0.53
84.2
1.66
including
38.5
47.2
8.7
0.75
94.3
2.01
including
42.3
45.0
2.7
2.04
216.6
4.93
LRGG-19-033
Main
31.0
53.5
17.1
1.59
364.2
6.45
including
31.0
36.6
5.6
3.81
818.1
14.72
including
43.0
53.5
10.5
0.52
142.5
2.42
LRGC-19-001
Cerro Colorado
23.3
27.2
3.9
1.59
177.3
3.95
LRGC-19-002
Cerro Colorado
0.0
3.5
3.5
3.27
90.4
4.47
LRGC-19-003
Cerro Colorado
2.0
8.5
6.5
1.38
39.0
1.90
LRGC-19-004
Cerro Colorado
6.5
18.0
11.5
1.28
107.2
2.71
including
7.3
11.0
3.7
3.36
294.6
7.29
LRGC-19-005
Cerro Colorado
30.0
37.0
7.0
0.18
11.5
0.33
and
43.5
56.5
13.0
0.12
16.4
0.34
LRGC-19-006
Cerro Colorado
0.0
11.5
11.5
0.56
10.3
0.70
LRGC-19-007
Cerro Colorado
53.8
56.0
2.2
0.28
27.3
0.64
and
68.5
77.0
8.5
0.06
15.7
0.27
1. Not true width
2. AuEq converted using a silver to gold ratio of 75:1
3. Voids from historical underground workings, no sample
Mr.
David Duncan
, P. Geo. is the qualified person as defined by National Instrument 43-101 and is responsible
for the technical information of this release related to Los Ricos and drilling results.
About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating,
developing, exploring and acquiring high quality projects in Mexico. The Company's Parral Tailings project
produces silver and gold at a low cash cost. Headquartered in
Halifax, NS
, GoGold is building a portfolio of low
cost, high margin projects. For more information visit
gogoldresources.com
.
CAUTIONARY STATEMENT:
The securities described herein have not been, and will not be, registered under the United States Securities Act
of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold
within
the United States
or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S.
Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable
state securities laws or pursuant to exemptions therefrom. This release does not constitute an offer to sell or a
solicitation of an offer to buy of any of GoGold's securities in
the United States
.
This news release may contain "forward-looking information" as defined in applicable Canadian securities
legislation. All statements other than statements of historical fact, included in this release, including, without
limitation, statements regarding the Parral tailings project, the Los Ricos project, future operating margins, future
production and processing, and future plans and objectives of GoGold, constitute forward looking information
that involve various risks and uncertainties. Forward-looking information is based on a number of factors and
assumptions which have been used to develop such information but which may prove to be incorrect, including,
but not limited to, assumptions in connection with the continuance of GoGold and its subsidiaries as a going
concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates,
and the performance of the Parral project There can be no assurance that such information will prove to be
accurate and actual results and future events could differ materially from those anticipated in such forward-
looking information.
Important factors that could cause actual results to differ materially from GoGold's expectations include
exploration and development risks associated with GoGold's projects, the failure to establish estimated mineral
resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic
conditions. For additional information with respect to risk factors applicable to GoGold, reference should be
made to GoGold's continuous disclosure materials filed from time to time with securities regulators, including,
but not limited to, GoGold's Annual Information Form. The forward-looking information contained in this release
is made as of the date of this release.
SOURCE
GoGold Resources Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/September2019/06/c8097.html
%SEDAR: 00029249E
For further information:
Steve Low, Corporate Development, GoGold Resources, T: 416 855 0435, E:
CO: GoGold Resources Inc.
CNW 15:48e 06-SEP-19