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GGX Gold Corp.
Summary
| Project: | Gold Drop | |
|---|---|---|
| Deposit: | Gold Drop | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 10/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-10-2017: GGX Gold Corp. announces an Exploration/Drilling Update report for its Gold Drop deposit at the Gold Drop project. Drilling results incl. 0.3m @ 10.8g/t Au, 123g/t Ag from 35.86m. Vancouver, British Columbia – October 04, 2017 – GGX Gold Corp. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Martin (Not Stated) | |
| ABSTRACT: | Vancouver, British Columbia – October 04, 2017 – GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the completion of Phase II diamond drilling on the Gold Drop Property near Greenwood, BC and receipt of additional drill core sample analytical results from drill holes COD17- 15 to COD17-20. The Company recently ceased diamond drilling on the property and is waiting for additional Phase II core sample analyses which are expected any time. The second phase of the diamond drill program aimed at exploring and defining the COD Vein, a Dentonia/Jewel style quartz vein, located in the Gold Drop Southwest Zone. Trenching during 2017 has exposed the northeast – southwest striking COD Vein for over 160 meter strike length. 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) /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 2 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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