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CLIENT FEATURE: GGX Gold Drilling New Geophysical Anomaly at Gold Drop $APH.ca $TUE.ca $GOM.ca $TYE.ca $NNZ.ca $GTT.ca $AOT.ca $MTB.ca

Posted by AGORACOM-Eric at 8:23 AM on Wednesday, July 17th, 2019
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  • Drilling has resumed at the C.O.D. North vein, where sample results last year ranged up to 21.7 grams per tonne gold over 0.4m
  • The new geophysical anomaly on the Gold Drop property is centered at the intersection of three interpreted major fault-conduit structural lineaments two of which are coincident with known structures: C.O.D. vein system and a cross-fault.
  • The anomaly measures 1834 by 1377m and is interpreted as a pipe-like structure requiring drilling to a depth of at least 400 and up to 764 metres.

https://www.accesswire.com/users/newswire/images/551593/59b3de5c-e315-4ea9-b1ee-c37d400a6f53.png

The most significant gold drill intersections (core length) from the phase 3 diamond drilling on the COD vein are as follows:

  • COD18-3: 14.62 g/t Au over 2.1 metres;
  • COD18-26: 10.30 g/t Au over 1.4 metres recovered core (within 2.35-metre interval);
  • COD18-28: 11.30 g/t Au over 0.51 metre;
  • COD18-33: 8.65 g/t Au over 2.98 metres;
  • COD18-34: 6.16 g/t Au over 3.41 metres;
  • COD18-37: 8.23 g/t Au over 3.95 metres;
  • COD18-45: 50.10 g/t Au over 2.05 metres;
  • COD18-46: 54.90 g/t Au over 1.47 metres;
  • COD18-49: 9.52 g/t Au over 1.47 metres;
  • COD18-54: 7.60 g/t Au over 1.66 metres.

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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-Eric 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 Drilling Intersects 50.1 g/t Gold and 375 g/t Silver over 2.05 Meters — Gold Drop Property, Southern British Columbia GGX Gold $K.ca

Posted by AGORACOM-Eric at 9:30 AM on Wednesday, August 15th, 2018

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  • Results for 2018 holes COD18-43 to COD18-45 which tested the COD Vein, in the Gold Drop Southwest Zone.
  • COD18-45 returned 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05
  • 2018 drilling program also tested the continuation of the Everest Vein, which is located approximately 600 meters southwest of the COD Vein worksite.

GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce it has received additional analytical results from its diamond drilling program on the Gold Drop property, located near Greenwood, B.C. Drill core analytical results have been received for 2018 drill holes COD18-43 to COD18-45 which tested the COD Vein. The COD gold bearing vein is located in the Gold Drop Southwest Zone.

Gold bearing quartz vein with high grade gold in drill hole COD18-45

(50.1 g/t gold over 2.05meters)

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

The highlight from these analytical results is an intersection of 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05 meter core length in drill hole COD18-45 which tested the COD Vein, including 167.5 g/t gold, 1,370 g/t silver and >500 g/t tellurium over 0.46 meter core length. This gold-bearing intersection of quartz veins and altered granodiorite in COD18-45 is located at approximately 20 meter vertical depth and approximately 160 meters southwest of the area of 2017 trenching at the COD Vein. COD18-45 is located approximately 220 meters southwest of drill hole COD17-14 which intersected the 4.59 g/t gold over 16.03 meters, including 10.96 g/t gold over 5.97 meters (News Release of September 7, 2017).

The 2018 drilling program focused on testing and defining the COD Vein, a Dentonia/Jewel style quartz vein. Trenching during 2017 exposed the northeast – southwest striking COD Vein for over 160 meter strike length. The 2018 drilling program also tested the continuation of the Everest Vein, which is located approximately 600 meters southwest of the COD Vein worksite. The Everest Vein was first discovered by Company prospectors during the 2017. 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).

The analytical results listed below are highlights from drill holes COD18-43 to COD18-45 (intersections greater than 1 g/t gold), testing the continuation of the COD Vein south-southwest of the 2017 trench. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The gold, silver and tellurium analyses are reported in grams per tonne (g/t).

Previous drill core analytical results from the 2018 drilling program are reported in News Releases of May 29, June 14, June 27, July 11, July 19, July 25, August 1 and August 9. The 2.05 meter core length intersection in drill hole COD18-45 at the COD Vein is the highlight of the 2018 drilling program to date and represents a significant intersection with high grade gold southwest of the 2017 trench. Prior to the receipt of these analytical results, the highlight of the 2018 drilling program was 14.62 g/t gold, 150.2 g/t silver and 102.0 g/t tellurium over 2.1 meter core length in drill hole COD18-3 at the COD Vein, located in the area of the 2017 trench and vicinity of drill hole COD17-14. The following map of the COD Vein work area includes some of the more significant 2017 – 2018 drill intersections.

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

Drill core from the 2018 program was geologically logged and sampled. Drill core was 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. Samples exceeding 100 g/t gold were re-analyzed for gold by Fire Assay – Gravimetric Finish. The samples were also analyzed for 48 Elements by Four Acid ICP-MS. Samples exceeding 100 g/t silver were re-analyzed for silver by Four Acid ICP-AES. Quality control (QC) samples were 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.

 

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]