2013-01-25 18:08:51 -
Vancouver, British Columbia, January 25, 2013 - The common shares of GoGold
Resources have started trading on the Toronto Stock Exchange under the symbol
GGD. The company retains the same symbol it previous had on the TSX Venture
GoGold Resources is a Canadian-based, mineral resource company with properties
in Mexico and Canada. The company's flagship property, San Diego, is in Durango,
Mexico and is currently the focus of GoGold's exploration efforts.
InvestmentPitch.com has produced a "video news alert" which provides an overview
of GoGold Resources. If this link is not enabled, please visit
www.InvestmentPitch.com and enter "GoGold" in the search box.
The massive 70,987 hectare San Diego property is part of the Sierra Madre
Occidental Gold-Silver Belt, one of the largest epithermal precious metal
regions in the world and host to
the majority of Mexico's gold and silver
deposits. The San Diego area contains an epithermal gold/silver system that
extends for more than 35 kilometres.
Widespread gold in quartz veins, breccias and stockworks occurs over the length
of the system. Gold and silver are exposed at the surface and the hillsides are
punctuated with dozens of small hand dug mines. Although the district has been
mined on a small scale since the 1700s there has been very little modern
The property contains multiple geological exploration targets, each representing
potentially impressive bulk mineable and/or underground operations. To date,
over 2000 gold, silver, and copper samples have been gathered from just a few
exploration targets within the property. Numerous unexplored targets still
remain, providing excellent potential for long-term exploration upside.
GoGold President and CEO, Terry Coughlan has stated, "The area is reminiscent of
when I first visited Ocampo in 1999 where we developed one of the largest gold
mines in Mexico which now employs over 3,000 people. GoGold today is well
positioned financially and we look forward to advancing our exploration
activities in the district."
With approximately 153 million shares outstanding, and a current $1.29 share
price, the company is capitalized at $198 million.
For more information about the company and its other properties please visit the
company's website www.gogoldresources.com or contact Sean Tufford, the company's
Vice President of Corporate Development at 902-482-1998 or by email at
InvestmentPitch.com specializes in producing short three minute videos based on
research reports and significant news releases, as well as a producing a library
of educational video modules that can be filmed by financial advisors for use as
introductory and lead generation tools. The company also produces corporate
video interviews and captures live presentations at investment conferences and
other special venues.
Barry Morgan, CFO
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: InvestmentPitch via Thomson Reuters ONE