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GGX Gold to Test New Technology on Newly Discovered Geophysical Anomaly $GGX.ca $NNZ.ca $GTT.ca $AOT.ca $MTB.ca

Posted by AGORACOM-Eric at 7:35 AM on Thursday, July 4th, 2019
  • Drilling a high priority geophysical target at its Gold Drop property in the Greenwood Mining Camp.
  • Stargate II (SG II) Drill Target Modeling System incorporates Acoustic EM analysis, technology that was developed by Earth Science Services Corporation
  • SG II employs an enhanced, deep-penetrating ultra-sonic AMT (Audio-Magnetotellurics) geophysical survey.
  • View the Video at GGXGOLD

VANCOUVER, BC / ACCESSWIRE / July 4, 2019 / GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) announces that it is planning to drill a high priority geophysical target at its Gold Drop property in the Greenwood Mining Camp.

The proprietary Stargate II (SG II) Drill Target Modeling System incorporates Acoustic EM analysis, technology that was developed by Earth Science Services Corporation of Oshawa, Ontario (ESSCO). SG II employs an enhanced, deep-penetrating ultra-sonic AMT (Audio-Magnetotellurics) geophysical survey.

(for more information see the ESSCO Website at: http://www.earthscienceservices.ca/index.php)

The system is in developmental / pre-commercial stage and as such the effectiveness of this technique is not fully known to GGX.

Stargate II surveys were performed by ESSCO over the Republic Graben trend in Washington and B.C. in 2014/2015 at 1 km and 500 metre line spacings. A resultant geophysical anomaly on the Gold Drop property in the Greenwood Mining Camp was supplied by Glenn Galata of ESSCO. The anomaly measures 1834 by 1377 metres, is centered at the intersection of three interpreted major fault conduit structural traces and is located along strike and to the north of the C.O.D. vein trend. Testing the target will require drilling to a depth of at least 400 and up to 764 metres – the deepest ever to be drilled on the Gold Drop property.

Stargate II Anomaly Map:

The anomaly is located at the intersection of corridors identified as “conduit-fault-structural traces”. Two of these are coincident with the trend of the C.O.D. vein system and a probable NW-trending cross-fault. The correlation of anomaly corridors with known geological features provides some confidence in the result.

GGX is excited to have the opportunity to engage this new technology with a drill test planned in the coming weeks. If successful, the test at the Gold Drop property could result in the discovery of a new gold deposit or even a new gold deposit type. It could also lead to further investigations utilizing the new geophysical technique in other areas of the Greenwood Mining Camp. View the Video at GGXGOLD

David Martin, P.Geo., a Qualified Person as defined by National Instrument 43-101 and consultant to the Company, approved the technical information in this release.

Mr. Glenn Galata, of Earth Science Services Corporation of Oshawa Ontario, reviewed the information in this release pertaining to the Stargate II geophysical system and ESSCO.

On Behalf of the Board of Directors

George Sookochoff, President,
604-488-3900
[email protected]

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

FEATURE: 5 Small Cap Gold Stocks That Will Benefit From $1,400 Gold $AMK.ca $AAX.ca $GGX.ca $GR.ca $LAB.ca

Posted by AGORACOM-Eric at 1:37 PM on Friday, June 21st, 2019
  • US $ Gold price touched a 5-year peak at $1400 as the US Fed signalled a rate cut, pressuring U.S. Treasury yields and the dollar.
  • This is the highest gold has been since March 17, 2014 at $1,386.38
  • Continued Central Bank accumulation of physical gold represents fundamental floor for market as a weakening US dollar accelerates Central Bank demand. Purchases rose 130% in the 4th quarter, and 2018 purchases came in at 650 tons
  • Trade wars ( China ) and Geopolitical conflicts ( Iran )
  • Dearth of exploration discovery leads to future supply deficits
  • Technical factors support higher long term gold prices and renewal of bull market
  • Higher prices make marginal projects economic
  • Exploration becomes a renewed focus to supply future demand
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(TSX-V: AMK)

Joint Venture with Tudor Gold and a 20% FULLY CARRIED INTEREST until a production notice is given. The last hole drilled intersected 563.8m of 0.98 g/t gold and remains open. The 2019 program is designed to drill well over one billion tonnes of rock and produce a multi-million-oz gold deposit incorporating an open pit design and with higher gold grades and remarkably better logistics than Seabridge’s adjoining KSM. Click here for the Treaty Creek JV Highlights

Hub On AGORACOM

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(TSX-V: AAX)

Advance Gold is focused on its 100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico. Drilling in the first 3 phases identified a cluster of 30 mineralized epithermal veins over an area from east to west of approximately 300 metres, and north to south 400 metres, and 300 metres of depth. Advance plans to focus deeper to find the boiling zone of the system and potentially economic mineralization. AAX recently created a 3D model of the vein Tabasquena system.          

Hub on AGORACOM

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Image result for ggx gold
(TSX-V: GGX)

GGX gold has discovered high grade gold silver and tellurium in the Greenwood-Republic mining camp, British Columbia. The current 2019 drill program follows up on 2018 intercept of high grade gold-silver (129 g/t gold and 1,154 g/t silver over 7.28 meter) from the near surface COD vein which is projected to be 1.5 kms in length. In addition tellurium grades were announced with “up to 3,860 g/t tellurium”, including “823 g/t tellurium over 7.28-meter core length” and “640 g/t tellurium over 6.90-meter core length. 2019 drilling on COD North is currently underway.

Hub on AGORACOM

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(TSX-V: GR)

Great Atlantic is situated between Marathon Gold and Sokoman in Canada’s newest emerging gold district. The Company reported a NI 43-101mineral resource estimate for the JMZ in late 2018 on Golden Promise and 2019 is focussed on prospecting and geochemical sampling at high priority targets within the property. Planned 24 hole program in the northern half of the property at the gold-bearing Jaclyn Zone, specifically at the Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ).

Hub on AGORACOM

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(TSX-V: LAB)

Lead by Shawn Ryan and Roger Moss, LAB has 2 district scale Greenfield Gold projects in Labrador that have never seen any modern exploration techniques. Ashuanipi and Hopedale are being systematically explored for gold potential following the same techniques that created the White Gold discoveries.  At Ashuanipi , a 15km long by 2 to 6 km wide north-south trend exists and a second 14 km long by 2 to 4 km wide east-west trend are the focus of 2019 exploration.

Hub On AGORACOM

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