GoGold Resources Discusses the Potential of Los RicosBrad had an interview the Stock Day Podcast. Among other things he had the following to say:
"The big news in 2021 is going to be in Los Ricos north; we're really hitting some big results up there. We're pulling all the drilling from those nine drill rigs together to have another resource come out in the district, we're aiming for September or October. That resource could be a lot bigger than Los Ricos south," continued Langille. "This is the best project of my career and I've been doing this for 28 years."
Jolly then asked about the combined potential of the Company's Parral Tailings and Los Ricos projects. "The Parral Tailings project, where we have our production, has eight more years of reserves, which means eight more years of processing there and it's currently in a steady state of operation," said Langille. "The Parral Tailings project is currently paying for everything in the company," he added. "The big driver of value, as good as Parral is as our operating mine, is Los Ricos where we are hopeful we will find hundreds of millions of ounces of silver equivalent," said Langille. "We're just getting going here; we've accomplished a lot in 24 months, but in the next 24 months I think we will accomplish a lot more."
To close the interview, Langille elaborated on the Company's potential and significance as a self-funding junior mining company, especially in regards to their strong balance sheet and lack of debt. "Most importantly, we have, if not the best one of the best, undeveloped silver assets in Mexico with our Los Ricos exploration development asset."
Hundreds of millions of ounces of silver!! Has a nice ring to it. GLTA