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GoGold Resources Inc. (GLGDF) is a Canadian-based silver and gold producer with operations in Mexico. The company operates the Parral Tailings mine in Chihuahua and has exploration projects in Jalisco. GoGold focuses on developing and acquiring high-quality projects, with a strong balance sheet and significant milestones achieved in recent years. They are well-positioned for growth with a focus on becoming a low-cost silver producer.
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.
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