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GGX Gold Corp.
Summary
| Project: | Gold Drop | |
|---|---|---|
| Deposit: | Gold Drop Southwest Zone | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 6/27/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-6-2018: GGX Gold Corp. announces an Exploration/Drilling Update report for its Gold Drop Southwest Zone deposit at the Gold Drop project. Drilling results incl. 0.86m @ 8.71g/t Au, 114g/t Ag, 67.8g/t Te from 42.7m. Vancouver, British Columbia – June 27 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Martin (Not Stated) | |
| ABSTRACT: | Vancouver, British Columbia – June 27, 2018 – GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce drill core analytical results from this winter’s Phase III diamond drilling program on the Gold Drop Property, located near Greenwood, BC. Analytical results have been received for drill holes DDCOD18-7 to DDCOD18-16, targeting the COD vein and DDEVE18-1 to DDEVE18-4 targeting the Everest vein, both within the Gold Drop Southwest Zone. Highlights include 8.71 g/t gold, 114 g/t silver and 67.8 g/t tellurium over 0.86 meter core length in DDCOD18-11 and 7.53 g/t gold, 70.9 g/t silver and 45.1 g/t tellurium over 0.76 meter core length in DDCOD18-7 at the COD Vein. The best COD Vein intercept to date from the 2018 drill program is 14.6 g/t gold, 150 g/t silver and 102 g/t tellurium over 2.1 meter core length in DDCOD-18-3 (News Release of May 29, 2018). The ongoing diamond drill program is designed to test and further define 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. Drilling is also testing the Everest Vein in the area of a 2017 trench, located approximately 600 meters southwest of the COD Vein. Chip samples collected in 2017 across the approximate 0.4 meter wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver (News Release of August 21, 2017). | |
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