GoGold Announces Highest Grade Drill Intercept To Date at El Favor East in Los Ricos North

Halifax, NS – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold”, “the Company”) is pleased to release the results of 6 drill holes at El Favor East within Los Ricos North. Hole LRGF-21-107 intersected 1.0m of 11,307 g/t silver equivalent (“AgEq”) contained within 21.2m of 1,079 g/t AgEq. See Table 1 for breakdown of silver and gold values and Figure 1 for a cross section of LRGF-21-107. These drill holes represent data that is post resource cut-off date and will form part of a future resource update. The drill program at El Favor East is primarily focused on expansion of the resources with up-dip and down-dip drilling in addition to strike expansion on the zone towards the east

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