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GGX Gold Corp.
Summary
| Project: | Gold Drop | |
|---|---|---|
| Deposit: | Gold Drop | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Tellurium | |
| Date: | 9/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-9-2018: GGX Gold Corp. announces an Exploration/Drilling Update report for its Gold Drop deposit at the Gold Drop project. Drilling results incl. 1.66m @ 7.6g/t Au, 60.2g/t Ag, 34.1g/t Te from 27.34m. Vancouver, British Columbia – September 6, 2018 – GG | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Martin (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia – September 6, 2018 – GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce it has received additional analytical results from its diamond drilling program on the Gold Drop property, located near Greenwood, B.C. Drill core analytical results have been received for 2018 drill holes COD18-52 to COD18-54 which tested the COD Vein. The COD gold bearing vein is located in the Gold Drop Southwest Zone. High grade gold has been confirmed within the COD Vein during the 2018 drill program with some core samples exceeding 1 oz. / ton gold. Gold bearing quartz veins are also reported in the east and north regions of the property, with historic samples reported to exceed 1 oz. / ton gold for veins in both areas The highlight from these analytical results is the intersection of 7.6 g/t gold, 60.2 g/t silver and 34.1 g/t tellurium over 1.66 meter core length in drill hole COD18-54, including 35.8 g/t gold, 276 g/t silver and 154.5 g/t tellurium over 0.30 meter core length. This interval of quartz veining/ flooding and altered granodiorite is at approximately 20 meter vertical depth. This hole was collared approximately 50 meters northeast drill hole COD17-14 which intersected the 4.59 g/t gold over 16.03 meter core length, including 10.96 g/t gold over 5.97 meter core length (News Release of September 7, 2017). The 2018 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. Numerous 2018 drill holes testing the COD Vein intersected significant levels of gold, silver and tellurium 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 and August 30. These included holes in the area of the 2017 trench and holes southwest of the 2017 trench. More significant gold intersections (core length) to date from the 2018 program are as follows: | |
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