11:08 AM EDT, 03/10/2020 (MT Newswires) -- GoGold Resources (GGD.TO) was steady after the company on Tuesday said drilling at its South project on its Las Ricos property in Mexico showed high-grade mineralizations.

The company said best results from assays on 11 holes showed gold and silver mineralization of 8.22 gold-equivalent grams per tonne over 5 meters and 5.73 gold-equivalent grams per tonne over 9.5 meters.

"We've increased the pace of drilling at the Los Ricos South Project and continue to hit wide intercepts of good grade," chief executive Brad Langille said in a release.

GoGold shares were last seen unchanged at C$0.62 on the Toronto Stock Exchange.

Price: 0.62, Change: 0.00, Percent Change: 0.00