Canadian Mining Journal


GoGold Resources advances flagship Los Ricos project

Since co-founding his first junior mining company, Gammon Gold, in his garage in Halifax, N.S., in 1994, Bradley Langille has spent the majority of his career outside of the country – hunting for precious metals and building mines in Mexico.

After about three years in Canada, he shifted his focus to Mexico, where his partner had business connections, and between 1999 and 2007, built two mines: the Ocampo mine in Mexico’s Chihuahua state and the El Cubo mine in the state of Guanajuato.

Ten years later, Langille’s GoGold Resources (TSX: GGD) sold its Santa Gertrudis gold project in Sonora, Mexico, to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) for US$80 million in cash and a 2% net smelter return royalty (NSR).

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