Twitter Facebook LinkedIn YouTube

GGX Gold (TSXV:GGX) Three additional drill holes completed at the Everest Vein located in the Gold Drop Property - Southwest Zone

Video Platform Video Management Video Solutions Video Player

The Everest vein is located approximately 600 metres southwest, and 100 metres east of the COD Vein worksite, where the company has recently completed the first 24 holes of the ongoing Phase III drill program.

Additional Information:

Company: GGX Gold Corp
Website: http://www.ggxgold.com
Stock Symbol: TSXV: GGX
Date Published: Apr 26, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

GGX Gold has completed three additional drill holes during the current diamond drilling program at the Everest Vein, located in the Gold Drop Property - Southwest Zone.

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

The Everest vein is located approximately 600 metres southwest, and 100 metres east of the COD Vein worksite, where the company has recently completed the first 24 holes of the ongoing Phase III drill program.

The Everest Vein was discovered in 2017 by company prospectors during hand pitting at a zone of local quartz float, exposing the vein in-situ.

The current drill program on the Everest Vein, which has never been drill tested, is designed to test the vein at depth.

The following intercepts are reported as core length.

DDEVE18-4 – Intersected a 7.18 meter mineralized and silicified zone including 1.22 meters of quartz veining.

DDEVE18-5 – Intersected two silicified and mineralized zones totaling 11.81 meters including 1.25 meters of quartz veining.

DDEVE18-6 – Intersected a 4.91 meter mineralized zone that includes a 1.35 meter quartz vein intercept.

The core is being split and shipped to Vancouver for analysis.

The company is also awaiting results from the core recently submitted from the first 3 holes on the Everest vein.

Chip samples collected in 2017 across the approximately 0.4 metre 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 shares are trading at $0.105.

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