The company reported initial capital costs of $125 million.
“The acquisition of the Los Ricos district, only 22 months ago in March 2019, has proven to be a tremendous catalyst of growth for GoGold,” said Brad Langille, GoGold CEO.
“We are now aggressively advancing Los Ricos North with a 100,000m drill program and targeting an initial Mineral Resource in 2021.”
During 2020, GoGold’s exploration team identified over 100 targets on the Los Ricos North properties. The Company plans to drill 10 of these
targets as part of its 2021 drilling program.