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GGX Gold drilling crews returning to the Gold Drop property in British Columbia

Crews will arrive next week at the base in Greenwood and initially start drilling at the COD north vein

The Gold Drop project picture
Gold Drop project is in Greenwood, British Columbia

GGX Gold Corp (CVE:GGX) (OTCMKTS:GGXXF) told investors on Thursday that drilling would start again at the Gold Drop property in British Columbia next week after a field break.

Crews will arrive at the base in Greenwood and initially start drilling at the COD north vein, where samples late last year ranged up to 21.7 grams per tonne (g/t) gold over 0.4 metres, the Vancouver based firm said in a brief regulatory statement.

READ: GGX Gold to use innovative technology on new anomaly that could lead to gold discovery at Gold Drop property

Then it will be the turn to drill a new geophysical target, which was identified by the new technology — Stargate II —  a deep-penetrating ultra-sonic AMT (Audio-Magnetotellurics) geophysical survey conducted by Earth Science Services Corp.

This new anomaly at Gold Drop lies near an intersection coincident with the trend of the COD vein system, which GGX believes could house a northwest-trending fault.

Geometrically, the anomaly measures 1,834 by 1,377 metres and is interpreted as a pipe-like structure that tops out at about 360 metres, requiring drilling to a depth of at least 400 and up to 764 metres.

This will be the deepest ever to be drilled on the Gold Drop property.

Drilling is expected to continue through this month on these and other targets.

Assays from the first round of this season's drilling on the COD vein are also expected to be received this month.

Contact the author at giles@proactiveinvestors.com

Follow him on Twitter@Gile74

Quick facts: GGX Gold Corp.

Price: 0.14 CAD

Market: TSX-V
Market Cap: $3.84 m

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