Halifax, NS – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold” or the “Company”) is pleased to report that the Company has launched a second exploration project in the Los Ricos district called Monte del Favor (“North Project”). The Company has consolidated its land position along the 35 km trend with the acquisition of 5 new concessions in the district, bringing the total number of concessions to 35 covering 22,493 hectares.