Twitter Facebook LinkedIn YouTube

GGX Gold completes drill holes 4 to 7 of 2018 Fall program at Gold Drop property in BC

Video Platform Video Management Video Solutions Video Player

The drilling is focusing on the area of drill holes COD18-45 and COD18-46, both of which intersected high grade gold, with the objective to trace the gold mineralization at depth and along strike.

Additional Information:

Company: GGX Gold
Website: http://www.ggxgold.com
Stock Symbol: TSXV: GGX
Date Published: Nov 22, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

GGX Gold has completed drill holes 4 through 7 of the fall 2018 diamond drill program currently underway 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 is targeting the gold bearing COD Vein, located in the Gold Drop Southwest Zone, focusing on the area of previous high-grade drill intercepts.

The drilling is focusing on the area of drill holes COD18-45 and COD18-46, both of which intersected high grade gold, with the objective to trace the gold mineralization at depth and along strike.

Hole COD18-45 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 intersected 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 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.

Furthermore, GGX Gold has reported historic gold and silver production at the Gold Drop, 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 Samantha Deutscher for Investmentpitch Media