- 2017 and 2018 drill intersections (core length) of 50.1 g/t gold over 2.05 meters, 54.9 g/t gold over 1.47 meters and 4.59 g/t gold over 16.03 meters at COD Vein.
- Gold and silver bearing quartz veins in multiple regions of the property with high grade gold reported (samples exceeding 1 oz. / ton gold reported).
- Historic gold and silver production at the Gold Drop, North Star, Amandy and Roderick Dhu vein systems.
VANCOUVER, BC / ACCESSWIRE / October 30, 2018 / GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX“) is pleased to announce it has commenced the fall 2018 diamond drilling program on the Gold Drop Property near Greenwood, southern British Columbia. The program will focus on the gold bearing COD Vein, located in the Gold Drop Southwest Zone. Highlights for the Gold Drop Property, including COD Vein include:
- 2017 and 2018 drill intersections (core length) of 50.1 g/t gold over 2.05 meters, 54.9 g/t gold over 1.47 meters and 4.59 g/t gold over 16.03 meters at COD Vein.
- Gold and silver bearing quartz veins in multiple regions of the property with high grade gold reported (samples exceeding 1 oz. / ton gold reported).
- Historic gold and silver production at the Gold Drop, North Star, Amandy and Roderick Dhu vein systems.
The objective of the diamond drilling program is to follow up on the high grade intersections in the COD Vein system, specifically in the area of earlier 2018 drill holes COD18-45 and COD18-46. Hole COD18-45 intersected of 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05 meter core length, including 167.5 g/t gold, 1,370 g/t silver and >500 g/t tellurium over 0.46 meter core length (News Release of August 15, 2018) . COD18-46 intersected 54.9 g/t gold and 379 g/t silver over a 1.47 meter core length, including 223 g/t gold, 1,535 g/t silver and greater than 500 g/t tellurium over a 0.30 meter core length (News Release of August 22, 2018).
The current drill program will test the continuation of gold mineralization at depth below the intersections of drill holes COD18-45 and COD18-46 and to the south of these holes.
Gold bearing quartz vein with high grade gold in drill hole COD18-45
(50.1 g/t gold over 2.05meters)
Both COD18-45 and COD18-46 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 g/t gold over 16.03 meter core length, including 10.96 g/t gold over 5.97 meter core length (News Release of September 7, 2017).
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]
Investor Relations: Mr. Jack Singh, 604-488-3900 [email protected]
Tags: #Discovery, #exploration, #GGX Gold #Gold #Silver #GreenwoodBC, #GreenwoodBC