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T.GGD

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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