Posted by AGORACOM
at 8:23 AM on Wednesday, July 17th, 2019
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.
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);
Posted by AGORACOM
at 8:16 AM on Tuesday, January 15th, 2019
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
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]
Posted by AGORACOM
at 9:30 AM on Wednesday, August 15th, 2018
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 “GGXâ€) 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.
