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Transaction Announcement Reports
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Project: | Gold Drop | |
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Deposit: | Gold Drop | |
Location: | Canada | |
Commodities: | Gold-Silver-Tellurium | |
Date: | 1/18/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 18-1-2019: GGX Gold Corp. announces an Exploration/Drilling Update report for its Gold Drop deposit at the Gold Drop project. Drilling results incl. 6.90m @ 107.5g/t Au, 880g/t Ag from 22.57m. Vancouver, British Columbia – January 18, 2019 – GGX Gold Corp | |
Resources: | x | |
CP/QP: | [Overall Report]: David Martin (Not stated) | |
ABSTRACT: | Vancouver, British Columbia – January 18, 2019 – GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce it has received drill core analytical results for the final four drill holes (COD18-68 to COD18-71) of the November 2018 diamond drilling program at its Gold Drop Property near Greenwood, southern British Columbia. Drill hole COD18-70 intersected near-surface high-grade gold and silver with significant tellurium in the southwest part of the COD quartz vein. This high-grade intersection is in close-proximity to high-grade intersections in drill holes COD18-45, 46 and 67 indicating a high grade ore shoot. The mineralized COD vein system has been traced by drilling and / or trenching for approximately 400 meters strike length and is open to the northeast, at depth and possibly to the southwest. Highlights for COD18-70 include. All November 2018 drill holes were collared within 25 meters of prior 2018 drill holes COD18-45 and COD-46, the objective to define the high-grade mineralization in this part of the COD vein and to provide information on the controls on mineralization. Drill holes COD18-45 and COD18-46, drilled to the west at 45 and 50 degree-dips, intersected near-surface, high grade gold and silver mineralization in the COD vein (News Releases of August 15 and 22, 2018). Drill holes COD18- 67and COD18-70, part of the November 2018 program, intersected high grade gold and silver | |
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