GoGold Resources (TSXV:GGD) Subject of StockPotentials Report by eResearch Corp - Video Summary of Report Posted on www.investmentpitch.com

Vancouver, British Columbia, March 5, 2012 - Toronto based eResearch has issued a StockPotentials report on GoGold Resources (TSXV:GGD). StockPotentials reports cover smaller companies that have little or no following on the Street, that eResearch believes would be primarily of interest to retail investors. InvestmentPitch.com has produced a "video news alert" based on this report. If this link is not enabled, please visit www.investmentpitch...
New York, (informazione.it - comunicati stampa - servizi)

Vancouver, British Columbia, March 5, 2012 - Toronto based eResearch has issued a StockPotentials report on GoGold Resources (TSXV:GGD). StockPotentials reports cover smaller companies that have little or no following on the Street, that eResearch believes would be primarily of interest to retail investors.

 

InvestmentPitch.com has produced a "video news alert" based on this report. If this link is not enabled, please visit www.investmentpitch.com  and enter "GoGold" in the search box.

 

The company's flagship property, San Diego, is in Durango, Mexico and is currently the focus of GoGold's exploration efforts. The property is a massive 70,987 hectares located in the richest epithermal gold and silver belt in the world.

 

The region is presently host to numerous operating gold and silver mines and is open to further mining development with a supportive local populace, cooperative government, and good infrastructure. Neighbouring projects include Primero Mining's Tayoltita and Argonaut's El Castillo. To the north is AuRico Gold's Ocampo project with four million ounces of gold equivalent.

 

The company has six targets. Drill results from the Breccia Hill open-pit target were released in October and January, with the goal of generating a resource within the first half of 2012. Current drilling on the Chispa De Oro is targeting an area of high-grade gold and silver mineralization discovered by previous sampling.

 

The company's Canadian project is the Rambler property in Newfoundland, which covers about 21 square kilometres. There are 3 past-producing base metal mines on the property, and it is adjacent to Rambler Metals and Mining's currently producing Ming Mine.

 

In evaluating GoGold, eResearch listed the following strengths:

  • Projects are located in the mining friendly jurisdictions of Mexico and Canada
  • The Sierra Madre Occidental gold/silver Belt is well-known as the host to the majority of Mexico's gold and silver deposits
  • Drilling began in the summer of 2011 in both Mexico and Canada, with encouraging assay results reported from both projects
  • The high-calibre management team has proven success in the financing, developing and building of mines, including developing gold and silver deposits in Mexico

In December the company closed a non-brokered private placement of $4.5 million at $1.25 per share. The majority of the proceeds from this financing are being used to advance the San Diego project.

 

eResearch cautions that the company has, as yet, no revenue-generating operations, and is dependent on continued financing.

 

The company is trading at $1.60, and with approximately 61 million shares outstanding, is capitalized at $98 million. For more information about GoGold please visit their website at www.gogoldresources.com, or contact Sean Tufford at 902-482-1998 or email [email protected].

 

For a copy of the report, contact eResearch at www.eresearch.ca. While on their site, sign up for their free reports. eResearch does not receive a fee for the preparation and publication of StockPotentials reports.

 

InvestmentPitch.com is a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals. InvestmentPitch.com specializes in producing three minute videos based on news releases and research reports.

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