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GGX Gold Corp.
Summary
| Project: | Gold Drop | |
|---|---|---|
| Deposit: | Gold Drop | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 8/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-8-2017: GGX Gold Corp. announces an Exploration/Drilling Update report for its Gold Drop deposit at the Gold Drop project. Drilling results incl. 0.48m @ 24.1g/t Au, 192g/t Ag from 16.15m. Vancouver, British Columbia – August 25, 2017 – GGX Gold Corp. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Not Stated (Not Stated) | |
| ABSTRACT: | Vancouver, British Columbia – August 25, 2017 – GGX Gold Corp. (TSXV: GGX), (OTC Pinks: GGXXF), (the “Company” or “GGX”) is pleased to announce the first batch of analytical results from the Phase I diamond drilling program at the Company's Gold Drop Project near Greewood, BC. The Company is currently exploring and defining the COD Vein, a Dentonia/Jewel style quartz vein, in the Gold Drop Southwest zone. Trenching during 2017 has exposed the northeast – southwest striking COD vein for over 160m strike length. To date analytical results for 68 trench channel samples have been received, with samples returning anomalous to high grade values for gold, up to 43.2 g/t Gold and 224 g/t Silver (News release of July 26, 2017). The Phase I drilling program aimed to delineate the COD vein in the Gold Drop Southwest zone from 5 pad locations along the North-south trench. The drilling tested the vein along 80 meters of strike length. The drilling commenced south of the C.O.D. mine shaft and progressed systematically to the north. The Phase I drilling totaled 15 holes (691 meters). The objective of the drilling was to determine depth and the dip of the vein exposed at surface and confirm gold and silver mineralization below the channelsamples. Drilling to date has confirmed the vein to a vertical depth of 120 feet (36.6 meters), being open at depth. | |
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