12:46 PM EDT, 05/14/2019 (MT Newswires) -- GoGold Resources Inc. (GGD.TO), up 5% on last look, reports that drilling results continue to show the "tremendous growth potential" at the recently acquired 29 concession Los Ricos project located about 100 km northwest of the city of Guadalajara.

Diamond drill hole LRGG-19-009 intersected 21.2m averaging 7.66 g/t gold, 1,270.2 g/t silver and 24.60 g/t gold equivalent, including 6.9m averaging 21.97 g/t gold, 3,717.6 g/t silver and 71.54 g/t gold equivalent.

Diamond drill hole LRGG-19-010 intersected 18.8m averaging 0.37 g/t gold, 67.9 g/t silver and 1.27 g/t gold equivalent including 4.5m averaging 0.96 g/t gold, 119.5 g/t silver and 2.55 g/t gold equivalent.

"We continue to see high grade ore from our drilling program which is near surface. Our diamond drilling holes which are twinning historical RC holes continue to provide much higher grades than the historical results, with hole 9 showing gold equivalent grades 70% higher than the historical results. These results, coupled with the strong assay results that the historical 6,000 channel samples are showing as our exploration team works through the data, are showing a very promising project at Los Ricos," stated Brad Langille, President and CEO.

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