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$GGX.ca GGX Gold Extends the Gold Bearing COD Vein an Additional 65 Meters to the South — Greenwood BC

Posted by AGORACOM at 9:29 AM on Wednesday, May 2nd, 2018

  • Completed holes 25 through 30 on the COD Vein, located in the Gold Drop Southwest Zone
  • DD-COD18-30 extended the COD vein 65 meters to the south, intersecting a 2.2 meter mineralized quartz vein with visible tellurides and visible gold.
  • The company is continuing with its summer drill program utilizing two drill rigs

 

Vancouver, British Columbia (FSCwire) – GGX Gold Corp. (TSX.V: GGX) (OTCQB: GGXXF), (the “Company” or “GGX”) is pleased to announce the completion drill holes 25 through 30 on the COD Vein, located in the Gold Drop Southwest Zone. Thirty holes have been completed to date during the current 2018 diamond drill program testing the COD Vein, totaling 2,020 meters (6,627 feet).

 

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

The latest series of diamond drill holes were drilled from a pad located 40 meters south of the 2017 COD trenches. These holes targeted an area of historical cross trenches that never reached bedrock. The highlight of the latest series of holes is DD-COD18-30 that extended the COD vein 65 meters to the south. The hole intersected a 2.2 meter mineralized quartz vein with visible tellurides and visible gold.

 

To view the graphic in its original size, please click here

Listed below are the highlights from the latest series of COD diamond drill holes. All reported widths are core length.

DDCOD18-26 – intersected a 11.25 m mineralized zone including 6.38 m of quartz veining.

DDCOD18-29 – intersected a 3.94 m mineralized zone including 1.6 m of quartz vein intercept.

DDCOD18-30 – intersected a 3.51 m mineralized zone including a 2.2 m quartz vein intercept.

The core is currently being split and securely packaged for shipment to ALS laboratories in Vancouver, BC. There the core will be analyzed for gold by Fire Assay and for 48 multi element Four Acid and ICP-MS. Quality control (QC) samples are being inserted at regular intervals.

The company is continuing with its summer drill program utilizing two drill rigs, one drill is on the newly discovered Everest Vein located approximently 100 Meters west of the COD and 600 Meters south of the COD trench. The second Drill rig is continuing to extend the Gold bearing COD vein both north and south.

Further updates on these programs will be provided shortly and a steady flow of assays results are expected to begin at the end of May and continue over the seasons program.

 

To view the graphic in its original size, please click here

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and consultant for GGX, is responsible for the technical information contained in this News Release.

To view the Original News release with pictures please go to the website or contact the company.

On Behalf of the Board of Directors,

Barry Brown,

Director

604-488-3900

[email protected]

Investor Relations:

Mr. Jack Singh, 604-488-3900   [email protected]

“ We don’t have to do this, we get to do this ”

The Crew

 

To view the graphic in its original size, please click here

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