GoGold Releases Additional Excellent Drilling Results at Los Ricos South

HALIFAX, NS, Feb. 22, 2023 /CNW/ – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold”, “the Company”) is
pleased to announce additional drilling results from Los Ricos South, within the Eagle and Main Deposits. Hole LRGAG-22-113
intercepted 16.3m of 605 g/t silver equivalent (“AgEq”), containing 6,490 g/t AgEq over 0.8m, and. The hole also intercepted an
additional 12.3m of 462 g/t AgEq. See Table 1 for breakdown of silver and gold values. A cross section of hole LRGAG-22-113
is included as Figure 1 below

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