GoGold Makes New Discovery of Wide Spread Gold and Silver Mineralization At Chispa De Oro Alteration Zone at its San Diego Project in Mexico - New Gold/Silver Mineralization Discovery San Diego East

NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

HALIFAX, Aug. 10, 2011 /CNW/ - Terry Coughlan, President and CEO of GoGold Resources Inc. (TSXV: GGD), is pleased to announce that mapping and sampling by our geological team at San Diego East (Chispa De Oro) which is located 13 km southeast of the San Diego North (Breccia Hill Open Pit Target) area have discovered wide spread gold and silver mineralization within a 2500 metre long x 750 metre wide altered Andesite zone. A total area of 1000 m x 750 m has been mapped and 1380 Samples have been assayed to date and mapping and sampling continues on the remaining alteration zone. The 1380 samples returned a weighted average of 0.40 g/t Gold Equivalent* (0.205 g/t Gold, 9.20 g/t Silver). The samples were taken in 2 meter intervals and are continuous trenches where the terrain allowed. Some of the more significant trench results can be found in the following table:


Table #1 - Highlights of Trenches at San Diego East (Chispa De Oro)

Sample  Interval (m)  Gold Equivalent g/t*  Gold g/t  Silver g/t
SDL-505 	40 	0.41 	0.11 	13.87
SDL-508 	48 	0.43 	0.14 	13.38
SDL-514 	18 	0.48 	0.25 	10.67
SDL-515 	4 	1.07 	0.25 	38.00
SDL-516 	18 	1.28 	0.38 	41.44
SDL-517 	14 	1.82 	0.47 	62.14
SDL-518 	10 	0.69 	0.15 	24.60
SDL-520 	110 	0.50 	0.16 	15.54
SDL-521 	18 	1.29 	0.30 	45.70
SDL-540 	28 	0.45 	0.14 	14.21
SDL-541 	16 	0.53 	0.11 	19.25
SDL-543 	6 	0.48 	0.17 	14.67
SDL-545 	6 	1.07 	0.37 	32.33
SDL-546 	10 	0.77 	0.46 	14.40
SDL-547 	8 	0.41 	0.18 	10.25
SDL-550 	4 	0.57 	0.08 	22.50
SDL-551 	4 	3.09 	1.17 	88.45
SDL-552 	6 	0.93 	0.78 	7.00
SDL-553 	8 	1.01 	0.82 	8.75
SDL-555 	8 	0.51 	0.28 	10.50
SDL-558 	8 	2.65 	2.46 	8.75
SDL-559 	10 	1.60 	1.22 	17.60
SDL-563 	6 	1.20 	1.12 	3.66
SDL-565 	16 	0.72 	0.43 	13.25
SDL-566 	4 	1.03 	0.74 	13.50
SDL-568 	4 	0.89 	0.63 	12
SDL-578 	102 	0.50 	0.29 	9.50
SDL-584 	18 	0.44 	0.15 	13.22
SDL-589 	4 	1.51 	0.61 	41.50
SDL-590 	6 	0.75 	0.41 	15.66
SDL-593 	4 	0.74 	0.53 	10
SDL-594 	20 	0.42 	0.16 	11.80
SDL-596 	18 	1.74 	0.37 	62.71
SDL-601 	6 	4.87 	4.14 	33.66
SDL-602 	4 	1.29 	0.74 	25.50
**SDL-603 	**24 	9.72 	7.62 	96.48
SDL-606 	16 	1.18 	0.36 	37.75

*Silver/Gold ratio of 46:1 used for Gold Equivalent.
(Metallurgical recoveries and net smelter returns are assumed to be 100%)
The orientation of the mineralization is not yet determined.
**SDL- 603 Is along strike of the structure.


Table #2 - Additional Trenches Containing Significant Gold and Silver Mineralization from San Diego East (Chispa De Oro)

Sample  Interval (m)  Gold Equivalent g/t*  Gold g/t  Silver g/t
SDL-500 	12 	0.23 	0.05 	8.19
SDL-501 	44 	0.18 	0.04 	6.57
SDL-503 	86 	0.31 	0.09 	10.57
SDL-504 	32 	0.32 	0.09 	10.39
SDL-506 	26 	0.27 	0.07 	9.36
SDL-507 	40 	0.39 	0.07 	14.55
SDL-507 	30 	0.21 	0.03 	8.35
SDL-507 	46 	0.22 	0.08 	6.43
SDL-509 	16 	0.35 	0.08 	12.63
SDL-510 	8 	0.3 	0.1 	9.5
SDL-511 	20 	0.24 	0.07 	7.5
SDL-512 	12 	0.24 	0.05 	8.67
SDL-519 	6 	0.13 	0.05 	4
SDL-524 	6 	0.17 	0.11 	2.67
SDL-537 	8 	0.17 	0.03 	6.5
SDL-538 	14 	0.33 	0.08 	11.43
SDL-539 	6 	0.14 	0.05 	4.33
SDL-542 	56 	0.25 	0.07 	8.54
SDL-544 	32 	0.27 	0.15 	5.88
SDL-548 	20 	0.38 	0.21 	7.8
SDL-564 	6 	0.24 	0.17 	3.33
SDL-579 	62 	0.21 	0.06 	6.67
SDL-580 	34 	0.23 	0.05 	8.41
SDL-581 	56 	0.38 	0.13 	11.6
SDL-582 	16 	0.14 	0.06 	3.62
SDL-583 	4 	0.27 	0.07 	9
SDL-588 	12 	0.20 	0.12 	3.66
SDL-592 	6 	0.32 	0.1 	10
SDL-595 	28 	0.28 	0.09 	8.78
SDL-597 	14 	0.36 	0.08 	12.85
SDL-598 	24 	0.35 	0.07 	12.91
SDL-599 	8 	0.2 	0.04 	7.5

*Silver/Gold ratio of 46:1 used for Gold Equivalent.
(Metallurgical recoveries and net smelter returns are assumed to be 100%)
The orientation of the mineralization is not yet determined.

Within the disseminated Gold and Silver mineralization, a number of structures have been identified. One of these structures contained a small old working that when sampled returned 24 metres of 9.72 g/t** Gold Equivalent (7.62 g/t Gold, 96.48 g/t Silver) along the strike of the structure. The true width of the structure is 2.0 metres and one of the samples returned 65.20 g/t* gold equivalent at 2 metres true width (57.16 g/t Gold and 369.97 g/t Silver).

The full size and potential of Chispa De Oro's mineralized area is currently being interpreted by the geological team and further updates will follow shortly as mapping and sampling continues. Should a significant portion be mineralized, San Diego East (Chispa De Oro) has the potential to represent another large bulk tonnage target within the San Diego Project.

*(Silver to gold ratio is 46:1 for gold equivalent)


Sample Protocol and Trench Techniques

Samples were collected on surface and underground with hammer and chisel along a continuous line of exposed rock. Fragments or chip samples from a channel approximately 5cm or less in depth were collected in numbered plastic sample bags, and approximately 2 to 3 kg of rock was collected. Sample intervals are marked on the rock with spray paint along with the sample number. All samples collected by GoGold were supervised by Ramon Luna P.Geo. These samples were bagged, tagged and sealed at the sample site and delivered to ACTLAB in Zacatecas, Mexico.

All samples were processed by method (A.A) Atomic Absorption FAG323 and ICP14. All samples were first assayed by method FAG323 for gold and silver which has detection limits for Au of 3 g/t and Ag 5 g/t. A 30g sample was assayed by Fire Assay with an AAS finish for Au and a gravimetric finish for Ag.

Mr. Ramon Luna P.Geo is the qualified person as defined by National Instrument 43-101 and is responsible for the preparation of this release.


CAUTIONARY STATEMENT:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of GoGold, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from GoGold's expectations are exploration risks detailed herein and from time to time in the filings made by GoGold with securities regulators.



For further information:

Terence F. Coughlan, President and CEO, Or,
Sean Tufford, Vice President, Corporate Development
GoGold Resources Inc.,
T: 902 482-1998
F: 902 442-1898

Email : sean@gogoldresources.com
Or visit : www.gogoldresources.com