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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 Company is principally engaged in the exploration, development, and production of silver and gold in Mexico. It is focused on operating, developing, exploring and acquiring projects in Mexico. The Company operates the Parral Tailings mine (Parral) located in the state of Chihuahua, Mexico, and the Los Ricos district exploration property (Los Ricos), which includes two projects approximately 25 kilometers apart - Los Ricos South (LRS) and Los Ricos North (LRN), which are located in the state of Jalisco, Mexico. The Parral tailings Project is within the town limits of Hidalgo del Parral, in the State of Chihuahua, Mexico, which covers approximately 141 ha. The Los Ricos property is made up of 45 concessions and covers over 25,000 hectares, which is located roughly 100 km northwest of the city of Guadalajara and is easily accessible by paved road.


TSX:GGD - Post by User

Comment by ontheroad1on May 13, 2021 2:58pm
268 Views
Post# 33196262

RE:RE:RE:Metals down a little, GGD down a lot

RE:RE:RE:Metals down a little, GGD down a lot
From the latest interview, Gogold should be drilling again soon at LRS. According to Brad, the potential to find an additional 20 million plus silver equivalent ounces provides another catalyst to look forward to. Something tells me this team wants to surprise the market by releasing potentially a BIG number from LRN and an update from LRS by end of 2021. may be first quarter 2022. We know that Rascadero returned some of the best intercepts to date (some of the holes did not make cut off for the initial resource). They might just pick up where they left off. For those that are following the story, it should be of no surprise that there are more ounces at LRS. In addition to the nearby concessions acquired in 2019, Brad secured a huge parcel called San Pedro Analco (Old mine), but hard to find any info on it. For reference, read Stroud Resources 43-101 technical analysis (santo domingo concession). It is part of the San Pedro Analco area. They have been sitting on this parcel for 15 plus years.
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