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GGX Gold Intersects 129 G/T Gold and 1,154 G/T Silver over 7.28 Meters Diamond Drilling Program at COD Vein $GGX.ca $TUSK.ca $GZD.ca

Posted by AGORACOM at 8:16 AM on Tuesday, January 15th, 2019
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  • 129 g/t gold and 1,154 g/t silver over 7.28 meter core length (majority of samples greater than the upper 500 g/t analytical limit for tellurium).
  • High-grade quartz vein intersection is near-surface (18 to 23 meters vertical depth).
  • Part of exploratory shallow drilling designed to define high-grade mineralization and expand the understanding of controls on mineralization.
  • Telluride mineralization is common in vein intersection. Visible gold in one section.

VANCOUVER, BC / ACCESSWIRE / January 11, 2019 / GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX“) is pleased to announce it has received drill core analytical results for drill holes COD18-65 to COD18-67 completed during the November 2018 diamond drilling program at its Gold Drop Property near Greenwood, southern British Columbia. COD18-67 intersected near-surface high-grade gold and silver with significant tellurium in the COD quartz vein. COD18-67 tested the southwest region of the COD vein in an area of prior high-grade gold drill intercepts. The mineralized COD vein system has been traced by drilling and / or trenching for approximately 400 meter strike length and is open to the northeast, at depth and possibly to the southwest. Highlights for COD18-67 include:

The November 2018 diamond drilling program (11 drill holes: COD18-61 to COD18-71) tested the southwest region of the COD vein in an area of high-grade gold and silver mineralization. The COD vein is located in the Gold Drop Southwest Zone. Prior 2018 drill holes in this part of the COD vein intersected near-surface high-grade gold and silver mineralization (News Releases of August 15 and 22, 2018). These include (core length):

  • COD18-45: 50.1 g/t gold and 375 g/t silver over 2.05 meters

(including 167.5 g/t gold, 1,370 g/t silver & >500 g/t tellurium over 0.46 meters).

  • COD18-46: 54.9 g/t gold and 379 g/t silver over 1.47 meters

(including 223 g/t gold, 1,535 g/t silver & > 500 g/t tellurium over a 0.30 meters).

  • Approximate 20 meter (COD18-45) to 23 meter (COD18-46) vertical depth of high grade gold and silver mineralization.

Drill holes COD18-45 and COD18-46 were drilled at 45 and 50 degree dips to the west from the same site to intersect the northeast-southwest striking COD vein.

Intersections exceeding 1 g/t gold for drill holes COD18-65 to COD18-67 are listed in the table below. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported.

Hole ID From (m) To (m) Length (m) Au (g/t) Ag (g/t) Te (g/t) Description
COD18-66 16.35 16.75 0.40 1.02 6.22 3.46 Quartz veinlet & altered wall rock.
COD18-66 22.96 23.90 0.94 6.97 46.8 34.4 Quartz vein
COD18-67 23.19 30.47 7.28 129.1 1,154.9 Quartz vein with +/- tellurides
COD18-67 incl. 23.58 23.95 0.37 106 1250 >500 Quartz vein with tellurides & VG
COD18-67 incl. 24.50 27.63 3.13 232.1 2,001.1 >500 Quartz vein with +/- tellurides
COD18-67 incl. 29.70 30.47 0.77 143 1,372.9 >500 Quartz vein with tellurides

Samples of felsic intrusive wall rock adjacent to the high grade vein in COD18-67 returned low grade gold values of 0.77 g/t (22.00-23.19 meters) and 0.57 g/t (30.47-32.72 meters).

All of the November 2018 drill holes were collared within 25 meters of holes COD18-45 and COD-46, the objective to define the high-grade mineralization in this part of the COD vein and to provide information on the controls on mineralization. Holes COD18-61 to COD18-66 were drilled to the west and slightly northwest at dips of 45 to 60 degrees to intersect the approximately northeast striking vein(s). Holes COD18-67 to COD18-71 were drilled at dips of 45 to 60 degrees slightly northeast to intersect the vein(s) at a shallower angle, the objective being to test the continuity of the quartz veining and mineralization.

Analytical results for drill holes COD18-61 to COD18-64 were reported in the Company’s News Release of January 9, 2018, the highlight being an intersection of 28.0 g/t gold, 424.7 g/t silver and 150.4 g/t tellurium over 1.17 meter core length in COD18-63.

The drill core was split with half core samples securely packaged and delivered to ALS Canada Ltd. in Vancouver, BC. The core samples were analyzed for gold by Fire Assay-Atomic Absorption and for 48 elements (including silver and tellurium) by Four Acid – ICP-MS. Samples exceeding 100 g/t gold were re-analyzed for gold by Fire Assay – Gravimetric Finish. Samples exceeding 100 g/t silver were re-analyzed for silver by Four Acid – ICP-AES. Samples exceeding 1,500 g/t silver by Four Acid – ICP-AES were re-analyzed for silver by Fire Assay – Gravimetric Finish. Quality control (QC) samples were inserted at regular intervals.

Gold and silver bearing quartz veins occur in multiple regions on the property with high grade gold reported (samples exceeding 1 oz. / ton gold reported).

Historic gold and silver production occurred at the Gold Drop, North Star, Amandy and Roderick Dhu vein systems.

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

“With each additional drill program, we are significantly improving the gold grade mineralization of the COD Vein. We continue to expand the known strike length of the mineralized vein system, which remains open in several directions. With another new near-surface high-grade gold-zone and increasing strike length, we are very satisfied with the results generated and optimistic on the gold potential of the Gold Drop project.” comments Barry Brown, President.

On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
[email protected]

$GGX.ca GGX Gold Intersects 8.71 g/t Gold, 114 g/t Silver and 67.8 g/t Tellurium – Over 0.86 meters, Gold Drop Property, Southern British Columbia $K.ca $GZD.ca

Posted by AGORACOM at 9:34 AM on Wednesday, June 27th, 2018

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  • Analytical results have been received for drill holes DDCOD18-7 to DDCOD18-16, targeting the COD vein
  • DDEVE18-1 to DDEVE18-4 targeting the Everest vein, both within the Gold Drop Southwest Zone
  • DDCOD 18-11 returned 8.71 g/t gold, 114 g/t silver and 67.8 g/t tellurium over 0.86m
  • DDCOD18-7 at the COD Vein 7.53 g/t gold, 70.9 g/t silver and 45.1 g/t tellurium over 0.76 meter core

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce drill core analytical results from this winter’s Phase III diamond drilling program on the Gold Drop Property, located near Greenwood, BC. Analytical results have been received for drill holes DDCOD18-7 to DDCOD18-16, targeting the COD vein and DDEVE18-1 to DDEVE18-4 targeting the Everest vein, both within the Gold Drop Southwest Zone. Highlights include 8.71 g/t gold, 114 g/t silver and 67.8 g/t tellurium over 0.86 meter core length in DDCOD18-11 and 7.53 g/t gold, 70.9 g/t silver and 45.1 g/t tellurium over 0.76 meter core length in DDCOD18-7 at the COD Vein. The best COD Vein intercept to date from the 2018 drill program is 14.6 g/t gold, 150 g/t silver and 102 g/t tellurium over 2.1 meter core length in DDCOD-18-3 (News Release of May 29, 2018).

 

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

The ongoing diamond drill program is designed to test and further define the COD Vein, a Dentonia/Jewel style quartz vein, located in the Gold Drop Southwest Zone. Trenching during 2017 has exposed the northeast – southwest striking COD Vein for over 160 meter strike length. Drilling is also testing the Everest Vein in the area of a 2017 trench, located approximately 600 meters southwest of the COD Vein. Chip samples collected in 2017 across the approximate 0.4 meter wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver (News Release of August 21, 2017). During 2017 forty meters of trenching was completed on the newly discovered Everest gold bearing quartz vein.

The analytical results reported in this News Release are highlights from holes 7 through 16 of the 2018 drilling program on the COD Vein, and holes 1 through 4 on the Everest Vein. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The gold and silver analyses are reported in grams per tonne (g/t). The intervals listed in the following table are from the gold and silver bearing vein and / or adjacent low grade mineralized host rock.

 

Hole ID From (m) To (m) Interval Length (m) Au (g/t) Ag (g/t) Te (g/t)
COD18-7 24.97 26.21 1.24 1.14 11.2 8.37
COD18-7 26.21 26.97 0.76 7.53 70.9 45.1
COD18-8 26.71 27.35 0.64 1.78 15.1 11
COD18-8 27.35 28.25 0.9 0.23 2.47 2.32
COD18-8 28.25 29.06 0.81 1.3 7.02 4.87
COD18-9 31.42 32.41 0.99 2.48 19.15 14.15
COD18-11 42.7 43.56 0.86 8.71 114 67.8
COD18-12 65.84 66.42 0.58 1.23 7.89 5.93
COD18-14 17.9 18.71 0.81 0.86 7.12 5.19
COD18-14 18.71 19.4 0.69 5.54 47.1 34.1
COD18-15 12.85 13.87 1.02 1.18 12.05 8.08
COD18-15 25.85 26.75 0.9 5.89 77.6 60.3
COD18-16 32.2 32.61 0.41 3.13 18.9 14.35
COD18-16 32.61 33.1 0.49 1.89 19.55 18.45
COD18-16 36.43 37.2 0.77 0.92 5.34 5.34
EVE18-2 20.9 21.4 0.5 2.04 18.85 14.05
EVE18-2 21.4 22.2 0.8 0.84 7.31 5.66
EVE18-2 22.2 23 0.8 1.3 11.25 8.64
EVE18-3 43.82 44.6 0.78 1 9.64 6.24
The most significant gold mineralization is found in the COD Dentonia/Jewel style quartz vein (including 26.21-26.97 meters in DDCOD18-7, 42.70-43.56 meters in DDCOD18-11, 18.71-19.40 meters in DDCOD18-14, and 25.85-26.75 meters in DDCOD18-15).  The vein is mineralized with pyrite and trace chalcopyrite and telluride minerals. Surrounding alteration is a magnetite destructive silicification and chlorite alteration. Strong fine disseminated pyrite is often found in these alteration zones. Significant gold mineralization occurs locally in the altered host rock such as 12.85-13.87 meters in DDCOD18-15 and 21.4-23.0 meters in Everest hole DDEVI18-2 (adjacent to the gold bearing vein at 20.9-21.4 meters).

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

 

Hole ID Dip Azimuth Depth (m)
COD18-7 52 354 47.55
COD18-8 65 354 62.79
COD18-9 75 354 93.27
COD18-10 55 338 71.34
COD18-11 45 280 65.84
COD18-12 55 291 87.17
COD18-13 45 261 68.89
COD18-14 45 351 41.45
COD18-15 55 351 50.6
COD18-16 65 351 50.6
EVE18-1 50 85 47.85
EVE18-2 45 68 47.85
EVE18-3 55 68 66.14
EVE18-4 46 45 56.39
Observed core vein contact angles indicate the COD vein is sub-vertical being structurally controlled by the host rock. The predominant host rock for the COD vein is a massive and competent medium grain granodiorite of the Antsey Pluton. Faulting does occur however the general north south trend of the vein is predictable.

 

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

 

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

 

Drill core is being geologically logged and sampled at the Greenwood facility. Drill core is sawn in half with half core samples submitted for analysis and remaining half core stored in a secure location. Core samples were delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by Fire Assay – AA. The samples are also being analyzed for 48 Elements by Four Acid and ICP-AES / ICP-MS. Quality control (QC) samples are inserted at regular intervals.

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

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

Investor Relations: 

Mr.  Jack Singh: 604-488-3900     E-mail: [email protected]

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

The Crew

GGX Gold Completes 1484 Meters on the COD Vein and Extends the Vein – 30 Meters to the South – Greenwood BC $GGX.ca

Posted by AGORACOM at 9:18 AM on Tuesday, April 24th, 2018

  • 2018 drill program has completed 24 drill holes totaling 1,484 meters or 4,883 feet on the COD vein
  • DDCOD18-24 intersected the COD vein 42m below surface, the drill hole successfully extends the COD vein occurrence 30 m along strike.

 

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSXV: GGX), (OTC Pinks: GGXXF), is pleased to announce the completion of 24 diamond drill holes targeting the COD vein in the Gold Drop Southwest Zone. To date the 2018 diamond drill program has completed 24 drill holes totaling 1,484 meters or 4,883 feet on the COD vein. Updates on the Diamond Drilling at the Everest Vein will be provided shortly.

 

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

 

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

 

Currently the COD vein drill is located at a pad 30 meters south of the southernmost extent of the 2017 trench. The drill hole DDCOD18-24 intersected the COD vein 42m below surface. The drill hole successfully extends the COD vein occurrence 30 m along strike. Listed below are the highlights from the latest series of COD diamond drill holes (holes 10 to 24). All reported widths are core length.

 

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

 

DDCOD18-24 – intersected a 2.17 m mineralized zone including a 1.6 m wide quartz vein intercept

DDCOD18-21 – intersected a 7.32 m mineralized zone including 3.52 m of quartz veining

DDCOD18-20 – intersected a 2.66 m mineralized zone including a 1.56 m quartz vein intercept

DDCOD18-19 – Intersected a 1.40 m quartz vein intercept and a second 0.46 vein intercept

DDCOD18-18 – intersected a 1.54 m mineralized zone including 1.14m quartz vein intercept

DDCOD18-14 – intersected a 2.94 m mineralized zone including a 1.5m quartz vein intercept

 

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

 

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.

 

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 graphic in its original size, please click here

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

The company, as previously announced on April 6, 2018, wishes to remind all subscribers and finders from its private placement that took place during April, 2017, that the company has accelerated the term of these warrants to further finance its continuing drill program. The term of the 10-cent warrants associated with this placement may be accelerated in the event that the issuer’s shares trade at or above a price of 15 cents per share for a period of 10 consecutive days. In June of 2017, after the final closing announced on May 3, 2017, the shares of the company traded in this range. The warrants being accelerated at 10 cents are attached to the 7.5-cent private placement that took place in April, 2017. Warrantholders now have until May 7, 2018 to exercise their warrants, or they will be terminated.

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

[email protected]

 

Investor Relations:                Mr. Jack Singh, 604-720-6598   [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

 

GGX Gold Extends Drilling Targets 600 Meters

Posted by AGORACOM at 6:26 AM on Wednesday, January 10th, 2018

 

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    • Soil sample analytical results from the 2017 fall program on the Gold Drop Property
    • Conducted in the  Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein
    • A total of 334 soil samples were collected along 31 soil lines. These lines were spaced 25m apart

 

Gold Drop Property, Greenwood British Columbia

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of soil sample analytical results from the 2017 fall program on the Gold Drop Property, located in southern British Columbia. The soil sampling geochemical program was conducted in the Gold Drop Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein. The program identified gold soil anomalies including high values of 0.061, 0.073 and 0.088 ppm gold.

 

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

 

A total of 334 soil samples were collected during the program and submitted to ALS Minerals in North Vancouver for gold and multi-element analysis. The samples were screened to 180 micron. Gold analysis was by aqua regia extraction with ICP-MS finish. Multi-element analysis was by aqua regia extraction and ICP-MS and ICP-AES. Soil samples were collected along 31 soil lines. These lines were spaced 25m apart with a 25m sample interval. The soil lines were of varying lengths but on average 250m long.

 

The soil sampling program identified several soil gold anomalies in the Southwest Zone, including numerous samples exceeding 0.01 ppm Au (including high values of 0.061, 0.073 and 0.088 ppm Au). The most distinct anomaly or anomalies is in the COD North area, where anomalous values are concentrated between two historical workings. The soil sampling program extended the target area for at least 600 meters northeast of the area of 2017 drilling and trenching. The Company is planning follow up work in this area in 2018 including a trenching program. The program also identified other gold anomalies near the new COD adit and northeast of the COD trenches.

 

The soil sampling program in the Gold Drop Southwest Zone helped identify a new vein exposure in a small, 2 meter deep historic adit 175 meters north of the C.O.D. trench. The adit is driven on a North-south striking quartz vein that is on strike with the C.O.D. Vein, and appears to be of the same style as the Detonia/Jewel quartz vein. Another vein exposure north of the trench was also located by hand pitting on local quartz float. Bedrock quartz samples from the small hand pit material returned values of 4.97 g/t Au and 30.7 g/t Ag. Samples of boulder material found outside of the small adit returned values of 1.28 g/t Au and 6.97 g/t Ag. (News Release of Nov 8, 2017).

 

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

 

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.

 

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

 

Investor Relations:

Mr.  Jack Singh: 604-720-6598     E-mail: [email protected]

 

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

The Crew