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Investorideas.com (www.investorideas.com newswire) Investorideas.com, a leader in mining investing news and home of
the
Exploring Mining Podcast, issues a news and trading alert for GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF).
The stock makes the TSX top gainers list on news currently trading
at 3.4400 +0.4100 (+13.53%) on volume of over 2.8 Million shares as
of this report.
GoGold Resources Inc. announced a transformative milestone: that the
Mexican Federal Environmental Department (“SEMARNAT”) has granted
all permits and approvals required from SEMARNAT to construct the
Los Ricos South (“LRS”) bulk tonnage underground mine (the
“Project”) located in Jalisco State, Mexico.
The Company’s board of directors has approved a construction
decision to begin construction of the Project, which is anticipated
to take 24 months from commencement until first pour.
“We are deeply grateful and committed to Mexico and the people of
Jalisco for their partnership and trust as we advance this
project, and we remain fully committed to creating long-term value
for the country and its communities,” said Brad Langille,
President and CEO. “This achievement reflects our shared
commitment to responsible resource development that prioritizes
environmental stewardship and community benefit. We are excited to
move forward and look forward to beginning construction while
continuing to work closely with all stakeholders.”
The Project has been designed with rigorous environmental
protections and sustainability practices at its core. The Company
remains committed to transparent engagement with shareholders,
non-governmental organizations, local communities, and all
interested parties as development proceeds.
GoGold looks forward to creating local employment opportunities,
supporting regional economic development, and operating in
accordance with the highest environmental and social standards. The
Company is also committed to working under the highest industrial
safety standards to protect its employees, contractors, communities,
and the environment.
GoGold is building a portfolio of low cost, high margin projects.
For more information, visit gogoldresources.com.
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