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Aston Bay Enters into Option Agreement with American West Metals Limited for the High-Grade Storm Project
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Aston Bay Enters into Option Agreement with American West Metals Limited for the High-Grade Storm Project
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GoGold Announces Filing of PEA Technical Report for Los Ricos South
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Trading Symbols: TSX: GGD
HALIFAX, NS, Feb. 22, 2021 /PRNewswire/ -
GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ( GoGold , the Company ) is pleased to announce the filing of a National Instrument 43-101 Preliminary Economic Assessment ( PEA ) Technical Report (the Report ) for their Los Ricos South Project located in Jalisco State, Mexico. The highlights of the Report were previously announced in a news release dated January 20, 2021, and the effective date of the Report is February 22, 2021.
Highlights of the PEA, with a base case silver price of US$21/oz and gold price of US$1,550/oz are as follows (all figures in US dollars unless otherwise stated):
Press Release - MINING COM
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GoGold Announces NPV of US$295M for Los Ricos South PEA
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Trading Symbols: TSX: GGD
GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF)
( GoGold , the Company ) is pleased to release the results of its initial Preliminary Economic Assessment ( PEA ) at its Los Ricos South Project located in Jalisco State, Mexico.
Highlights of the PEA, with a base case silver price of US$21.00/oz and gold price of US$1,550/oz are as follows (all figures in US dollars unless otherwise stated):
GoGold completes PEA at its first target in Los Ricos district – Los Ricos South;
After-Tax NPV (using a discount rate of 5%) of $295 Million with an After-Tax IRR of 46% (Base Case);