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GoGold Resources Inc T.GGD

Alternate Symbol(s):  GLGDF

GoGold Resources Inc. is a Canada-based silver and gold producer. The principal business of the Company is the exploration, development, and production of silver, gold and copper primarily in Mexico. It is focused on operating, developing, exploring and acquiring projects in Mexico. The Company’s properties include Los Ricos and Parral tailings. The Los Ricos property is situated in Jalisco state, Mexico. The property is comprised of over 42 concessions, covering over 22,000 hectares (ha). The property is located approximately 100 kilometers (kms) northwest of the city of Gaudalajara. The property is split into two projects, the Los Ricos South project and the Los Ricos North project, which are approximately 25km apart. The Parral tailings Project is within the town limits of Hidalgo del Parral, in the State of Chihuahua, Mexico, which covers approximately 141 ha.


TSX:GGD - Post by User

Post by CruxInvestoron Oct 06, 2020 8:09am
172 Views
Post# 31672247

Crux Investor Interview

Crux Investor Interview  Hi here is the link to our recent interview with $GGD: https://youtu.be/WBgTOYAXBKk

 Gold and silver are both commodities in favourable bull environments right now, and gold mining and silver mining companies have been brought into focus. GoGold is a Canadian-based producer of gold and silver with gold and silver mining assets in Mexico. Having previously constructed 3 gold-silver mines, the team at GoGold Resources is now working hard to develop a 4th.

This team has an extended track record, raising over C$800M in equity and C$200M in debt historically. Drilling at Los Rico and full operation at Parral recommenced in early June, as the company looks to bounce back from the COVID-19 lockdown. Some high-grade gold intersections have been coming through the drill bit at Los Ricos North: the company's main focus for generating value for shareholders. The first drill results from the start of August threw up numbers including 29.8m of 713g/t silver equivalent, including 4.5m of 4,251g/t silver equivalent. Parral is churning out 504,444oz silver equivalent pq, and the remainder of GoGold's gold-silver operations appear to be developing. Having just raised C$34.5M in a bought deal financing, investors are now expecting the development of Los Ricos to accelerate.

Langille was keen to explain exactly how this capital will be deployed and how it will add value for gold investors and silver investors. What did you make of Bradley Langille and GoGold Resources? Make sure you comment your thoughts below so we can respond.
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