GoGold Announces Drilling Results at El Favor

HALIFAX, NS, March 16, 2022 /CNW/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold”, “the Company”) is pleased to release the results of 5 drill holes at El Favor East within Los Ricos North. Hole LRGF-21-113 intersected 0.9m of 1,695 g/t silver equivalent (“AgEq”) contained within 45.5m of 136 g/t AgEq. See Table 1 for breakdown of silver and gold values and Figure 1 for a cross section of LRGF-21-113. 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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