GoGold Resources Secures Mill to Process High Grade Material from Santa Gertrudis Project


HALIFAX, Oct. 6, 2016 – GoGold Resources Inc. (TSX: GGD) (“GoGold”, “the Company”)announces toll milling of high grade material at Santa Gertrudis. The Company has secured a 150 tonne per day (tpd) mill to continue milling the high grade material on surface at Santa Gertrudis during the construction of the first vat leach plant. To date, the Company has mined in excess of 6,000 tonnes of material at an average grade of 13.5 g/t with 3,700 tons processed at the mill and the remainder in a stockpile. The company estimates the total cost per tonne of the Santa Gertrudis material will be $125 per tonne which will generate significant cash flow per ounce.  As of the end of September the Company had poured 383 ounces of gold from Santa Gertrudis.

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