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GoGold Resources Update on Los Ricos Project

Mining News - Published on Fri, 29 Nov 2019

Image Source: gogoldresources.com
GoGold Resources Inc has released the assay results from 10 new diamond drill holes at the Los Ricos project, with 4 holes in the Main area, 4 holes in the San Juan area and 2 in the southern area of the project. President and CEO Mr Brad Langille said"Holes 56 and 6 7 are the deepest holes drilled to date at Los Ricos, and shows the project continues to be open at depth with strong mineralization. We still see a broader mineralized zone of over 20 metres at these depths which may be amenable to deeper bulk mining and also shows a high-grade core within these broader zones which may represent underground mining targets.”

Hole LRGG-19-056, drilled in the Main area, intersected 26.0m at 296.0 to 325.0m, averaging 2.97 g/t gold equivalent or 222.8 g/t silver equivalent, made up of 0.50 g/t gold and 185.5 g/t silver, including 4.0m of 14.16 g/t gold equivalent. Historical workings of 3.0m were encountered in this hole. This is the second deepest hole drilled at the Los Ricos project to date, eclipsed by hole LRGG-19-061 which intersected 18.0m of 0.80 g/t gold equivalent from 324.4 to 349.2m, although 6.8m within this intersection included void due to historical underground workings.

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Posted By : Rabi Wangkhem on Fri, 29 Nov 2019
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