The updated Resource will incorporate the new and higher-grade drill results and will also be developed using a newer and more refined geologic, mineral domain model. Dr. Carl Hering, CEO, stated that An updated 43-101 Resource should show significant improvement over the maiden Resource and demonstrate a more realistic understanding of Project potential.
GoGold Resources Inc. reports net income of $8.2 millionfor the three months ended December 31, 2018. The Corporation closed the previously announced sale of the 2% net smelter royalty which resulted in net proceeds and an equivalent pre-tax gain of $11.8 million.
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