Gogold Resources Stock Price, News & Analysis

GoGold Resources Inc. (TSX: GGD, OTCQX: GLGDF) has reported impressive drilling results from the Los Ricos South project, specifically from the Eagle Deposit. Significant findings include Hole LRGAG-22-145, which intercepted 42.2 meters of 417 g/t silver equivalent (AgEq), with a standout portion of 14.2 meters at 977 g/t AgEq, peaking at 6,951 g/t AgEq over 0.5 meters. The company anticipates these results will enhance the upcoming updated Mineral Resource estimate and Preliminary Economic Assessment, expected by the end of June 2023. The Eagle Deposit is noted for delivering high-grade intercepts in the district, reflecting consistent geophysical targets. GoGold's two exploration projects in Mexico aim to build a portfolio of low-cost, high-margin mining operations.

GoGold Resources reported quarterly production results for the period ending March 31, 2023, achieving a total of 400,145 silver equivalent ounces. This includes 173,717 silver ounces, 2,016 gold ounces, and 143 tonnes of copper. In comparison to previous quarters, silver production decreased from 195,678 oz in December 2021 to 173,717 oz in March 2023, while gold production also saw a decline from 2,558 oz to 2,016 oz over the same period. The company is focused on completing a preliminary economic assessment for Los Ricos North and plans to update resources for Los Ricos South by June 2023. GoGold operates the Parral Tailings mine and maintains a strategic focus on high-quality projects in Mexico.

GoGold Resources Inc. (TSX: GGD, OTCQX: GLGDF) reported significant drilling results from its Los Ricos South Project, highlighting hole LRGAG-22-126, which intercepted 23.3m of 617 g/t silver equivalent (AgEq) and a top grade of 5,818 g/t AgEq over 0.8m. The company aims to complete a preliminary economic assessment for Los Ricos North by April and a revised assessment for Los Ricos South by June. With excellent drilling results from the Eagle Deposit and ongoing studies for efficient mining, 2023 is anticipated to be a catalyst-rich year for GoGold, enhancing shareholder value.

GoGold Resources Inc. (TSX: GGD, OTCQX: GLGDF) recently held its annual meeting of shareholders on March 23, 2023, where directors John Turner, Bradley Langille, Phillip Gaunce, George Waye, Terrence Cooper, and Karen Flores were re-elected. Each director received majority votes, with Karen Flores achieving a significant 99.95% support. KPMG LLP was re-appointed as auditors of the Company. GoGold continues to focus on silver and gold production with operations in Mexico and is developing projects that promise low costs and high margins. For more details, visit gogoldresources.com.

GoGold Resources Inc. (OTCQX: GLGDF) announced impressive drilling results from its Los Ricos South project on March 8, 2023. Notably, hole LRGAG-22-125 yielded an interception of 42.3m at 288 g/t silver equivalent (AgEq), including a remarkable 2,017 g/t AgEq over 2.8m. These findings enhance the high-grade area and are expected to positively influence the forthcoming Mineral Resource Estimate and Preliminary Economic Assessment. With ongoing exploration at the Eagle Deposit, the company aims to better delineate high-grade portions that could be mined efficiently.

GoGold Resources Inc. (OTCQX: GLGDF) has released promising drilling results from its Los Ricos South Project. Hole LRGAG-22-113 intersected 16.3m of 605 g/t silver equivalent (AgEq), with a high-grade portion of 6,490 g/t AgEq over 0.8m. The results include significant additional intercepts, contributing to expectations of a positive update on the Mineral Resource Estimate and Preliminary Economic Assessment later this year. The Eagle Deposit, adjacent to the Main Deposit, is showing high-grade intercepts indicative of valuable mineralization, further supporting GoGold's exploration efforts in Mexico.