3,034 g/t AgEq over 21.3m including 1.4m of 41,110 g/t AgEq from the Eagle Zone
Halifax, Nova Scotia--(Newsfile Corp. - September 9, 2025) - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to announce first assay results have been received from its near-mine 2025 exploration program conducted on the Eagle and Abra (Main) Zones of the Silver-gold Los Ricos South Project located in Jalisco, Mexico. Drill targeting was based on reconstruction of the historical Cinco Minas Mine and a new IP geophysics survey conducted this year. Assay results from geotechnical holes in the Eagle Zone are also discussed.
"We're pleased with these initial results of our near-mine exploration program. The objective was to drill some scouting exploration holes deeper than our current Resource and south of the current Resource in a faulted off section of the vein. We were successful in hole 318 as it demonstrated strong mineralization continues deeper below our current Resources. Also, a highlight of the drilling was hole 324 which not only located the faulted off section of the vein outside of the Resource but yielded strong gold and silver grades and widths. Another significant hole is hole 337, located in Cerro Colorado which is south of known mineralization and could represent a new ore shoot which we will target with further drilling," said Brad Langille, President and CEO. "Hole LRSGT-23-001 was drilled for geotechnical purposes within the current Resource area, but after publication. This is confirmatory of the high grade and large widths of the Eagle Zone."
Highlights from the drilling program include the following:
- Hole LRSGT-23-001: 41,110 g/t total silver equivalent over 1.42 m from 131.20 to 132.62 m, consisting of 28,094 g/t silver and 173.6 g/t gold within a longer interval of 21.25 m grading 3,034 g/t total silver equivalent from 129.15 to 150.40 m consisting of 2,077 g/t silver and 12.76 g/t gold drilled in the Eagle Zone for geotechnical purposes after the Resource was published and is within the current Resource area (see Figures 1 and 4).
- Hole LRGG-24-318: 904 g/t total silver equivalent over 0.75 m from 698.10 to 698.85 m, consisting of 401 g/t silver and 6.7 g/t gold within a longer interval of 10.72 m grading 215 g/t total silver equivalent from 691.18 to 701.90 m consisting of 123 g/t silver and 1.2 g/t gold in the Abra Zone for exploration purposes outside of the current Resource area (see Figures 1 and 3).
- Hole LRGG-24-324: 1,034 g/t total silver equivalent over 1.39 m from 231.50 to 232.89 m, consisting of 477 g/t silver and 7.4 g/t gold within a longer interval of 23.05 m grading 234 g/t total silver equivalent from 227.10 to 250.15 m consisting of 123 g/t silver and 1.49 g/t gold in the South Abra Zone for exploration purposes outside of the current Resource area (see Figures 1 and 3).
- Hole LRGG-24-337: 849 g/t total silver equivalent over 1.50 m from 33.50 to 35.00 m, consisting of 43.8 g/t silver and 10.7 g/t gold within a longer interval of 9.45 m grading 303 g/t total silver equivalent from 27.55 to 37.00 m consisting of 21.7 g/t silver and 3.75 g/t gold in the Cerro Colorado Zone for exploration purposes outside of the current Resource area (see Figures 1 and 3).
Table 1: Drill Hole Results
Hole ID | Area / Vein | From | To | Length1 | Au | Ag | AuEq2 | AgEq2 |
|
|
(m) | (m) | (m) | (g/t) | (g/t) | (g/t) | (g/t) |
LRGG-24-318 | Los Ricos Vein | 691.18 | 701.90 | 10.72 | 1.234 | 122.7 | 2.87 | 215.2 |
|
including | 698.10 | 698.85 | 0.75 | 6.700 | 401.0 | 12.05 | 903.5 |
LRGG-25-321 | Los Ricos Vein | 222.50 | 234.00 | 11.50 | 0.640 | 78.8 | 1.69 | 126.8 |
|
including | 222.50 | 227.60 | 5.10 | 0.893 | 80.1 | 1.96 | 147.0 |
LRGG-25-322 | Los Ricos Vein | 310.66 | 318.00 | 7.34 | 0.202 | 130.1 | 1.94 | 145.3 |
|
including | 313.50 | 318.00 | 4.50 | 0.258 | 182.5 | 2.69 | 201.9 |
LRGG-25-324 | Los Ricos Vein | 227.10 | 250.15 | 23.05 | 1.491 | 122.6 | 3.13 | 234.4 |
|
including | 231.50 | 232.89 | 1.39 | 7.417 | 477.4 | 13.78 | 1,033.7 |
LRGG-25-325 | Los Ricos Vein | 237.50 | 238.50 | 1.00 | 0.440 | 97.0 | 1.73 | 130.0 |
LRGG-25-327 | Los Ricos Vein | 452.00 | 495.45 | 43.45 | 0.218 | 54.0 | 0.94 | 70.4 |
|
including | 469.65 | 470.65 | 1.00 | 0.025 | 656.0 | 8.77 | 657.9 |
LRGG-25-328 | Los Ricos Vein | 235.00 | 257.04 | 22.04 | 0.181 | 41.9 | 0.74 | 55.5 |
|
including | 256.50 | 257.04 | 0.54 | 1.940 | 346.0 | 6.55 | 491.5 |
LRGG-25-330 | Los Ricos Vein | 314.65 | 315.15 | 0.50 | 0.460 | 206.0 | 3.21 | 240.5 |
LRGG-25-333 | Los Ricos Vein | 183.30 | 185.40 | 2.10 | 0.832 | 36.9 | 1.32 | 99.3 |
LRGG-25-334 | Los Ricos Vein | 230.50 | 231.65 | 1.15 | 1.061 | 48.4 | 1.71 | 127.9 |
|
and | 241.70 | 242.70 | 1.00 | 1.344 | 236.4 | 4.50 | 337.2 |
LRGG-25-335 | Los Lamas Vein | 251.20 | 252.15 | 0.95 | 1.850 | 137.0 | 3.68 | 275.8 |
|
and | 262.70 | 267.25 | 4.55 | 0.395 | 71.0 | 1.34 | 100.6 |
LRGG-25-336 | Cerro Col. Vein | 12.30 | 23.61 | 11.31 | 0.814 | 20.9 | 1.09 | 82.0 |
|
including | 17.10 | 22.58 | 5.48 | 0.950 | 26.5 | 1.30 | 97.7 |
LRGG-25-337 | Cerro Col. Vein | 27.55 | 37.00 | 9.45 | 3.754 | 21.7 | 4.04 | 303.3 |
|
including | 33.50 | 35.00 | 1.50 | 10.740 | 43.8 | 11.32 | 849.3 |
LRGG-25-339 | Cerro Col. Vein | 4.15 | 6.40 | 2.25 | 0.723 | 49.0 | 1.38 | 103.2 |
The following holes are geotechnical holes drilled after Resource was published, and are within current Resource area: | ||||||||
LRSGT-23-001 | Los Ricos Vein | 129.15 | 150.40 | 21.25 | 12.76 | 2,077.0 | 40.46 | 3,034.2 |
|
including | 131.20 | 132.62 | 1.42 | 173.55 | 28,094.0 | 548.14 | 41,110.2 |
GT-PFS-23-001 | Los Ricos Vein | 133.85 | 139.00 | 5.15 | 0.71 | 173.9 | 3.03 | 227.1 |
|
including | 134.90 | 136.28 | 1.38 | 1.86 | 334.4 | 6.32 | 474.0 |
GT-PFS-23-003 | Los Ricos Vein6 | 120.68 | 146.67 | 25.99 | 0.86 | 89.1 | 2.05 | 153.5 |
|
including6 | 122.95 | 130.50 | 7.55 | 3.09 | 286.0 | 6.90 | 517.8 |
|
including6 | 122.95 | 129.59 | 6.64 | 3.27 | 313.0 | 7.45 | 558.5 |
GT-PFS-23-004 | Los Ricos Vein | 60.00 | 92.10 | 32.10 | 3.18 | 292.1 | 7.08 | 531.0 |
|
including | 64.00 | 65.60 | 1.60 | 20.11 | 2,792.5 | 57.35 | 4,300.9 |
GT-PFS-23-005 | Los Ricos Vein6 | 66.30 | 93.60 | 27.30 | 0.36 | 45.8 | 0.97 | 72.8 |
|
including6 | 75.00 | 80.60 | 5.60 | 0.94 | 77.1 | 1.97 | 147.7 |
GT-PFS-23-OP4 | Los Ricos Vein6 | 101.15 | 115.40 | 11.80 | 2.62 | 289.1 | 6.48 | 485.8 |
|
including6 | 106.25 | 115.40 | 6.70 | 4.60 | 489.9 | 11.13 | 834.5 |
GT-PFS-23-OP5 | Los Ricos Vein | 40.00 | 54.90 | 14.90 | 0.37 | 58.9 | 1.16 | 87.0 |
|
Including | 46.20 | 47.20 | 1.00 | 1.09 | 170.0 | 3.36 | 251.8 |
GT-PFS-23-005 | Los Ricos Vein6 | 66.30 | 93.60 | 27.3
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