Torex Gold and GoGold Resources reported drilling results on their Mexican projects during this week. Torex Gold continues to advance the Media Luna project in Guerrero into operation, and released very good gold silver and copper intercepts, The company’s drilling is designed to upgrade and expand the resource. “The Media Luna deposit is hosted within the Mesozoic carbonate-rich Morelos Platform, which has been intruded by Paleocene stocks, sills, and dykes of granodioritic to tonalitic composition. Skarn-hosted gold-silver-copper mineralization is developed within the sedimentary rocks along the contacts of intrusive rocks as well as within altered dykes of the skarn envelope”.

Drilling at the Main and Eagle areas on Los Ricos South property in Jalisco returned good gold and silver grades over widths over ten meters. GoGold is trying to select areas to mine with a lower strip ration and area to mine by selective bulk underground mining on this structurally controlled epithermal low sulfidation deposit.