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Project: | Gold Drop | |
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Deposit: | Gold Drop | |
Location: | Canada | |
Commodities: | Gold-Silver-Tellurium | |
Date: | 10/25/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 25-10-2018: GGX Gold Corp. announces an Exploration/Drilling Update report for its Gold Drop deposit at the Gold Drop project. Drilling results incl. 0.32m @ 4.63g/t Au, 22.4g/t Ag, 29g/t Te from 24.41m. Vancouver, British Columbia – October 25, 2018 – GG | |
Resources: | x | |
CP/QP: | [Overall Report]: David Martin (Not stated) | |
ABSTRACT: | Vancouver, British Columbia – October 25, 2018 – GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce it has received remaining analytical results from its 2018 winter diamond drilling program on the Gold Drop property, located near Greenwood, B.C. These include results for drill holes COD18-55 to COD18-60 which tested the area of the COD Vein, located in the Gold Drop Southwest Zone. Eight samples from these holes exceeded 1 gram / tonne (g/t) gold. Previously reported gold intersections (including high grade gold) from the 2018 drilling program include: The analytical results listed below are highlights from drill holes COD18-55 to COD18-60 (intersections greater than 1 g/t gold), testing the continuation of the COD Vein in the area of the 2017 trench at the COD Vein. 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 samples listed in the preceding table include quartz veining (plus or minus calcite) and / or altered granodiorite. Pyrite is present in all samples, both in veining and wall rock. The 2018 winter drilling program focused on testing and defining 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 majority of the drill holes tested the COD Vein with significant levels of gold, silver and tellurium intersected in numerous holes as reported in News Releases of May 29, June 14, June 27, July 11, July 19, July 25, August 1, August 9, August 15, August 22, August 30 and September 6. These included holes in the area of the 2017 trench and holes southwest of the 2017 trench. More significant gold intersections (core length) from the 2018 winter program at the COD Vein are as follows | |
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