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Project: | Gold Drop | |
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Deposit: | Gold Drop | |
Location: | Canada | |
Commodities: | Gold-Silver | |
Date: | 10/25/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 25-10-2017: GGX Gold Corp. announces an Exploration/Drilling Update report for its Gold Drop deposit at the Gold Drop project. Drilling results incl. 0.47m @ 3.17ppm Au, 40.1ppm Ag from 8m. Vancouver, British Columbia – October 25, 2017 – GGX Gold Corp. ( | |
Resources: | x | |
CP/QP: | [Overall Report]: David Martin (Not Stated) | |
ABSTRACT: | Vancouver, British Columbia – October 25, 2017 – GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of additional drill core sample analytical results from the recent diamond drilling program at its Gold Drop Property, located near Greenwood, B.C. These analytical results are for samples from drill holes COD17-21 to COD17-27. The Company recently completed a Phase II diamond drilling program in the Gold Drop Southwest Zone, targeting the gold and silver bearing COD Vein. The objective of the Phase II drilling was to further explore and define the COD Vein, a Dentonia / Jewel style quartz vein. Trenching during 2017 exposed the northeast – southwest striking COD Vein for over 160 meter strike length. The Phase II drilling program aimed to delineate the COD Vein from 2 pad locations in the northern extent of the trench, 100 and 160 m north of the COD mine shaft. The Phase II drilling totaled 12 holes (690 meters). The Company had previously received analytical results for 68 trench channel samples collected at the COD Vein. These samples returned anomalous to high grade values for gold, including high values of 43.2 grams / tonne (g/t) Gold and 224 g/t Silver (News Release of July 26, 2017). The first batch of 2017 drill core samples for the COD Vein returned up to 24.1 g/t Gold and 192 g/t Silver (News Release of Aug 28, 2017). The second batch of drill core samples also returned significant gold and silver values including a broad intersection in hole COD17-14 grading 4.59 g/t Gold and 38.64 g/t Silver over 16.03 meters core length with a high grade core grading 10.96 g/t Gold and 89.86 g/t Silver over 5.97 meters core length (News Release of Sept 7, 2017). | |
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