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GoGold Production Increases 122 Percent over Previous Quarter
Jan. 05, 2017 09:31AM PST
Gold InvestingGoGold Resources (TSX:GGD) has announced production results for the quarter ended December 31, 2016 of 406,897 silver equivalent ounces, representing a 122 percent increase over the previous quarter. As quoted in the press release: The production increase was driven by a full quarter of production from the Santa Gertrudis high grade zone recently discovered and …
GoGold Resources (TSX:GGD) has announced production results for the quarter ended December 31, 2016 of 406,897 silver equivalent ounces, representing a 122 percent increase over the previous quarter.
As quoted in the press release:
The production increase was driven by a full quarter of production from the Santa Gertrudis high grade zone recently discovered and improvements at Parral. The Santa Gertrudis high grade material represented approximately 50% of the quarterly production. The Company continues processing the high grade material during the construction of the vat leach plant.
Production at Parral continued to improve each month during the quarter and this improvement is expected to continue into the quarter ended March 31, 2017.
“We are pleased with the results to date and expect this positive momentum to continue into the current quarter” said Brad Langille, CEO.
Mr. Robert Harris, P.Eng. is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information of this release.