|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
GoGold Resources Drills 3.4m of 2,765 g/t AgEq at La Trini in Los Ricos North Contained Within 61.4m of 204 g/t AgEq09.12.2020 | 12:30 Uhr | CNW
HALIFAX, Dec. 9, 2020 - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to release additional assay results from the Company's La Trini deposit on the Los Ricos North property, including 3.4m of 2,765 g/t silver equivalent ("AgEq") from hole LRGT-20-070. Hole LRGT-20-070 intersected 61.4m of 204 g/t AgEq from 55.6 to 117.0m, consisting of 124 g/t Ag and 1.06 g/t Au in silicified and altered quartz rhyolite units included a high-grade intercept of 3.4m of 2,765 g/t AgEq, consisting of 1,694 g/t silver and 14.28 g/t gold (see Table 1 for the results). "We're pleased with the continued strong results from La Trini and the drilling program has allowed us to define the controls on the high-grade mineralization at La Trini. Our next series of holes will be focused on following the high-grade mineralization to the northwest and expand the current limits of the deposit," said Brad Langille, President and CEO. "This year, our exploration teams have visited and identified over 100 targets that have never been drilled on the Los Ricos North properties. The La Trini and the El Favor deposits were the first two selected for drilling this year and are delivering excellent results. We have identified another eight targets for drill testing next year and GoGold will be carrying out one of the largest drilling programs in Mexico during 2021 to unlock the huge potential of the Los Ricos district." Hole LRGT-20-074 intersected 33.0m of 162 g/t AgEq from 105.2 to 138.2m, consisting of 68 g/t silver and 1.24 g/t gold, which included 6.0m of 589 g/t AgEq, made up of 218 g/t Ag and 4.94 g/t Au. Hole LRGT-20-068 intercepted mineralization from 74.0 to 103.5m for 29.5m of 143 g/t AgEq, consisting of 91 g/t silver and 0.69 g/t gold, including an intercept of 6.3m of 519 g/t AgEq, made up of 320 g/t Ag and 2.66 g/t Au. Currently the Company has 6 drill rigs operating at Los Ricos North, with 2 operating at the La Trini deposit, 3 drilling at the El Favor zone, and 1 drilling at El Orito. Detailed intersections are listed in Table 1 and the hole locations are shown in Table 2. A drill plan map of La Trini is included as Figure 1 below. Table 1: Drill Hole Intersections
Figure 1: Plan View – La Trini Drilling Table 2: Drill Hole Locations
VRIFY Slide Deck and 3D Presentation VRIFY is a platform being used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D models and interactive presentations. VRIFY can be accessed by website and with the VRIFY iOS and Android apps. Access the GoGold Company Profile on VRIFY at: https://vrify.com The VRIFY Slide Deck and 3D Presentation for GoGold can be viewed at: https://vrify.com/explore/decks/9404 and on the Company's website at: www.gogoldresources.com. Los Ricos District Exploration Projects The Los Ricos North Project was launched in March 2020 and includes drilling at the El Favor, La Trini, and El Orito targets. Procedure, Quality Assurance / Quality Control and Data Verification The sealed and tagged sample bags are transported to the ActLabs facility in Zacatecas, Mexico. ActLabs crushes the samples and prepares 200-300 gram pulp samples with ninety percent passing Tyler 150 mesh (106?m). The pulps are assayed for gold using a 50-gram charge by fire assay (Code 1A2-50) and over limits greater than 10 grams per tonne are re-assayed using a gravimetric finish (Code 1A3-50). Silver and multi-element analysis is completed using total digestion (Code 1F2 Total Digestion ICP). Over limits greater than 100 grams per tonne silver are re-assayed using a gravimetric finish (Code 8-Ag FA-GRAV Ag). Quality assurance and quality control ("QA/QC") procedures monitor the chain-of-custody of the samples and includes the systematic insertion and monitoring of appropriate reference materials (certified standards, blanks and duplicates) into the sample strings. The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data. All results stated in this announcement have passed GoGold's QA/QC protocols. Mr. David Duncan, P. Geo. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release. About GoGold Resources CAUTIONARY STATEMENT: This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the Los Ricos South and North projects, and future plans and objectives of GoGold, including the timing for completing and the magnitude of an initial resource estimate at Los Ricos North, constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the Parral project. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information. Important factors that could cause actual results to differ materially from GoGold's expectations include exploration and development risks associated with GoGold's projects, the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions. For additional information with respect to risk factors applicable to GoGold, reference should be made to GoGold's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, GoGold's Annual Information Form. The forward-looking information contained in this release is made as of the date of this release.
Dieser Artikel stammt von Rohstoff-Welt.de
Die URL für diesen Artikel ist: http://www.rohstoff-welt.de/news/artikel.php?sid=279094
© 2007 - 2024 Rohstoff-Welt.de ist ein Mitglied der GoldSeiten Mediengruppe
Es wird keinerlei Haftung für die Richtigkeit der Angaben übernommen! Alle Angaben ohne Gewähr! Kursdaten: Data Supplied by BSB-Software.de (mind. 15 min zeitverzögert) Werbung | Mediadaten | Kontakt | AGB | Impressum | Datenschutz |