viewGGX Gold Corp.

GGX Gold completes another five drill holes on the COD vein

The Gold Drop mine in Greenwood has permits in place for 2018 drilling and trenching

The Gold Drop project
The Gold Drop project is located 40 km from Grand Forks, British Columbia in geologically prospective ground in the well-mineralized Greenwood District

GGX Gold Corp (CVE:GGX) has completed drill holes 25 through 30 on the COD Vein, located in the Gold Drop southwest zone.

Thirty holes have now been completed during the current 2018 diamond drill programme testing the COD Vein, totaling 2,020 metres (2,209 yards).

READ GGX Gold completes three additional drill holes at Everest vein in Gold Drop property​

The latest drill holes were drilled from a pad located 40 metres south of the 2017 COD trenches. These holes targeted an area of historical cross trenches that never reached bedrock.

Highlights included:

  • DDCOD18-26 – intersected a 11.25 metres (m) mineralised zone including 6.38 m of quartz veining.
  • DDCOD18-29 – intersected a 3.94 m mineralised zone including 1.6 m of quartz vein intercept.
  • DDCOD18-30 – intersected a 3.51 m mineralised zone including a 2.2 m quartz vein intercept.

Core from the drilling will be sent to the lab for analysis.

The company is continuing with its summer drill programme using two drill rigs; one drill is on the newly discovered Everest Vein located roughly 100 metres west of the COD and 600 metres south of the COD trench and the second Drill rig is continuing to extend the gold-bearing COD vein both north and south.


Quick facts: GGX Gold Corp.

Price: 0.14 CAD

Market: TSX-V
Market Cap: $4.28 m

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on 4/7/19

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