Outlook for 2021 by GoGold
GoGold Resources provides an outlook of Milestones and deliverables for 2021 As we look forward to 2021, we feel the Company is on the verge of unlocking the significant potential of Los Ricos to create value for the shareholders, Brad Langille, President and CEO stated, the key milestones for the Company in 2021 will include! A Preliminary Economic Assessment at Los Ricos South in January is an aggressive 100,000 metre drill program at Los Ricos North focussed on discovery and an initial mineral resource at Los Ricos North in the summer of 2021. Parral continues to generate strong cash flow sufficient to fund the overhead and exploration allowing the Company to be a self-funding junior with one of the largest exploration drill programs in Mexico. With our strong balance sheet which exceeds US$55 million in cash, we are well funded to unlock the true value of Los Ricos. The Company initially acquired the Los Ricos projects in March of 2019 and began the Los Ricos Sou...