GoGold Resources has provided a comprehensive outlook for 2024, following a year of progress in the Los Ricos district. The company has successfully expanded its resources in the district, with 186 million silver equivalent (AgEq) ounces in measured & indicated resources and 87 million AgEq ounces in inferred resources. Additionally, GoGold completed two preliminary economic assessments (PEAs) in Los Ricos South and North, revealing a combined total Net Present Value (NPV) of US$871 million for the district. A permit application for constructing a mine at Los Ricos South was also filed in 2023.
Key Milestones for 2024
Brad Langille, President and CEO, outlined several critical milestones for 2024: Los Ricos South is set to follow the completion of the feasibility study and receipt of the mine permit.