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Project: | Gold Drop | |
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Deposit: | Gold Drop | |
Location: | Canada | |
Commodities: | Gold-Silver-Tellurium | |
Date: | 8/1/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 1-8-2018: GGX Gold Corp. announces an Exploration/Drilling Update report for its Gold Drop deposit at the Gold Drop project. Drilling results incl. 3.41m @ 6.16g/t Au, 72.4g/t Ag, 31.0g/t Te from 35.59m. Vancouver, British Columbia – Aug 1 – 2018 GGX Gold | |
Resources: | x | |
CP/QP: | [Overall Report]: David Martin (Internal) | |
ABSTRACT: | Vancouver, British Columbia – Aug 1 – 2018 GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce the receipt of the additional analytical results from its diamond drilling program on the Gold Drop property, located near Greenwood, B.C. Drill core analytical results have been received for 2018 drill holes COD18- 34 to COD18-36 which tested the COD Vein. The COD gold bearing vein is located in the Gold Drop Southwest Zone. A highlight from these analytical results is an intersection of 6.16 grams per tonne (g/t) gold, 72.4 g/t silver and 31.0 g/t tellurium over 3.41 meter core length in hole COD18-34. This gold-bearing interval (quartz veins and altered granodiorite) in hole COD18-34 is located at approximately 25 meter vertical depth and approximately 115 meters southwest of the area of 2017 trenching. COD18-34 is located approximately 180 meters southwest of hole COD17-14 which intersected the 4.59 g/t gold over 16.03 meters, including 10.96 g/t gold over 5.97 meters (News Release of September 7, 2017). The analytical results listed below are highlights from drill holes COD18-34 to COD18-36 (intersections greater than 1 g/t gold), testing the continuation of the COD Vein south-southwest of the 2017 trench. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The gold, silver and tellurium analyses are reported in grams per tonne (g/t). The intervals listed in following table are from the gold, silver and tellurium bearing quartz vein and / or adjacent altered granodiorite. | |
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