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GGX Gold’s trenching discovers new veins with visible gold near Greenwood, B.C.

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Trenching started at the southern end of the C.O.D. vein in an area where some of the world’s best intercepts of the year were obtained as announced by the company in a news release in March 2019.

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Additional Information:

Company: GGX Gold Corp.
Website: http://www.GGXgold.com
Stock Symbol: TSXV: GGX
Date Published: Aug 6, 2020
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

GGX Gold Corp. has discovered new veins with visible gold as a result of trenching in the first stages of its on-going exploration program at its Gold Drop Property.

The Gold Drop Property is located 3 kilometers north of Greenwood, in the Greenwood mining camp in southern British Columbia, one of the most prolific mining camps in Canada.

Trenching started at the southern end of the C.O.D. vein in an area where some of the world’s best intercepts of the year were obtained as announced by the company in a news release in March 2019.

COD18-67 assayed 129 g/t gold, 1,154 g/t silver & 823 g/t tellurium over 7.28 meters core length.
COD18-70 assayed 107 g/t gold, 880 g/t silver & 640 g/t tellurium over 6.90 meters core length.

The vein, where exposed, contained pyrite mineralization, typical of other areas in this vein that previously assayed high in gold.

Two new veins were discovered by trenching quartz boulders located west of the C.O.D. vein.

The first discovery vein ranges up to 0.5 meters thick and locally contains possible visible gold associated with pyrite, chalcopyrite and a grey sulphide mineral that management believes is likely a telluride mineral.

In the main C.O.D vein, elevated silver, gold and tellurium values are associated with a soft silver-grey mineral, which is thought to be Sylvanite, a silver-tellurium-gold mineral that is believed to be the source of gold and tellurium in the higher grade sections of the main C.O.D. vein.

The second discovery vein was exposed for a 50-meter strike length and also contained pyrite mineralization.

The excavator is going next to the Rhoderick Dhu area where additional historic quartz showings will be trenched and sampled.

Follow-up drilling will be conducted on the most promising veins exposed by this trenching program.

The shares are trading at $0.285.

For more information, please visit the company’s website at www.GGXgold.com, contact Barry Brown, CEO, at 604-488-3900 or email office@GGXgold.com.

I’m Cassandra Bolinski for Investmentpitch Media