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GGX Gold initiates fall drill program on the Gold Drop Property in southern British Columbia

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The program will focus on the gold bearing COD Vein, located in the Gold Drop Southwest Zone.

Additional Information:

Company: GGX Gold Corp
Website: http://www.ggxgold.com
Stock Symbol: TSXV: GGX
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

GGX Gold has started the fall 2018 diamond drill program on the Gold Drop Property.

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

The program will focus on the gold bearing COD Vein, located in the Gold Drop Southwest Zone.

Highlights from the summer 2018 program at the COD Vein include hole COD18-45 which intersected 50.1 grams per tonne gold, 375 grams per tonne silver over a 2.05 meter core length, including 167.5 grams per tonne gold, 1,370 grams per tonne silver and more than 500 grams per tonne tellurium over a 0.46 meter core length.

Hole COD18-46 also returned high grade intersections of 54.9 grams per tonne gold and 379 grams per tonne silver over a 1.47 meter core length, including 223 grams per tonne gold, 1,535 grams per tonne silver and more than 500 grams per tonne tellurium over a 0.30 meter core length.

Both these holes are approximately 160 meters southwest of the area of 2017 trenching at the COD Vein and approximately 220 meters southwest of drill hole COD17-14 which intersected 4.59 grams per tonne gold over a 16.03 meter core length, including 10.96 grams per tonne gold over a 5.97 meter core length.

The current drill program will test the continuation of gold mineralization at depth below the intersections of drill holes COD18-45 and COD18-46 and to the south of these holes.

The majority of the drill holes earlier this year tested the COD Vein with significant levels of gold, silver and tellurium intersected in numerous holes as reported in previous news releases.

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.

In addition to the Gold Drop Vein, historic gold and silver production has been reported at the North Star, Amandy and Roderick Dhu vein systems.

The shares are trading at $0.07.

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 Megan Edwards for Investmentpitch Media