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GGX Gold intersects 12.45 gpt Gold & 121 gpt Silver over 0.85 Meters at Everest Vein at BC Gold Drop Property

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The highlight from these analytical results is 12.45 grams per tonne gold and 121 grams per tonne silver over a 0.85 meter core length in altered granodiorite in drill hole EVE18-12.

Additional Information:

Company: GGX Gold
Website: http://www.ggxgold.com
Stock Symbol: TSXV: GGX
Date Published: Sep 13, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

GGX Gold has released additional results from its diamond drill program on the Gold Drop property.

The Gold Drop property is located 40 kilometres from Grand Forks, British Columbia in the Greenwood District.

The latest 2018 results are from drill holes EVE18-7 to EVE18-18, which tested the area of the Everest Vein, located in the Gold Drop Southwest Zone, approximately 350 to 800 meters south of the area of the 2017 and 2018 COD holes.

The 2018 drilling also tested the COD Vein, located in the Gold Drop Southwest Zone, north of the Everest Vein.

The highlight from these analytical results is 12.45 grams per tonne gold and 121 grams per tonne silver over a 0.85 meter core length in altered granodiorite in drill hole EVE18-12.

The Everest Vein was first discovered by company prospectors during 2017, when chip samples collected across the approximate 0.4 meter wide vein exposure returned up to 52.8 grams per tonne gold and 377 grams per tonne silver, while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 grams per tonne gold and 630 grams per tonne silver.

The results listed is this table are highlights from drill holes EVE18-7 to COD18-18, with intersections greater than 1 gpt gold, which tested the area of the Everest Vein.

Since true widths cannot be accurately determined from the information available the core lengths were reported.

The intersection from 40.41 to 41.26 meters in drill hole EVE18-12 is altered granodiorite with pyrite.

The other intersections are altered granodiorite with pyrite and/or veining (quartz and or calcite).

The 2018 drilling program also focused on testing and defining the COD gold bearing Vein, a Dentonia/Jewel style quartz vein.

Trenching during 2017 exposed the northeast – southwest striking COD Vein for over a 160 meter strike length.

Numerous 2018 drill holes testing the COD Vein, included holes in the area of the 2017 trench and holes southwest of the 2017 trench, intersected significant levels of gold, silver and tellurium.

This table shows some of more significant gold intersections to date from the 2018 program at the COD and Everest veins.

In addition to the gold discovered by the company at the COD and Everest Veins, gold mineralization is reported in quartz veins in the east and north regions of the property with some historic samples reported to exceed 1 ounce per ton gold.

The shares are trading at $0.11.

For more information, please visit the company’s website at www.ggxgold.com, contact Jack Singh, Investor Relations, at 604-720-6598, or by email at ir@ggxgold.com.

I’m Samantha Deutscher for Investmentpitch Media