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GGX Gold Announces Diamond Drilling Program & Financing on the Gold Drop Property

VANCOUVER, BC / ACCESSWIRE / March 20, 2019 / GGX Gold Corp. (TSX-V: GGX), (OTCQB: GGXXF), (F...

articleGgx Gold Corp.March 20, 20194/company/ggx-gold-corp/news/ggx-gold-announces-diamond-drilling-program-and-financing-on-the-gold-drop-property
GGX Gold Announces Diamond Drilling Program & Financing on the Gold Drop Property

About this update from Ggx Gold Corp.

[{"type":"text","content":"GGX Gold Announces Diamond Drilling Program & Financing on the Gold Drop PropertyVANCOUVER, BC / ACCESSWIRE / March 20, 2019 / GGX Gold Corp. (TSX-V: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the \"Company\" or \"GGX\") is pleased to announce it has begun preparing for the spring 2019 diamond drilling program on the Gold Drop Property, located in Southern British Columbia. The program is scheduled to begin in early April. The spring drilling program will focus on the COD vein located in the Gold Drop Southwest Zone. The program will further test the southern extension of the COD vein. The Company intersected near-surface, high- grade gold, silver and tellurium in this part of the vein during 2018 diamond drilling. COD18-67: 129 g/t gold, 1,154 g/t silver & 823 g/t tellurium over 7.28 meters core length. COD18-70: 107 g/t gold, 880 g/t silver & 640 g/t tellurium over 6.90 meters core length. The highlights of the 2018 diamond drilling program are drill holes COD18-67 and COD18-70 that intersected near-surface, high-grade gold, silver and tellurium in the southern extension of the COD vein. COD18-67 intersected 129 grams per tonne (g/t) gold, 1154 g/t silver & 823 g/t tellurium over 7.28-meter core length while COD18-70 intersected 107 g/t gold, 880 g/t silver & 640 g/t tellurium over 6.90-meter core length (News Releases of January 11, January 18 and March 18, 2019). The COD vein system has been traced by trenching and diamond drilling for close to 400 meters along strike. The vein system is open along strike and at depth. Intersections for 2017 and 2018 diamond drill holes at the C.O.D. vein include the following (please refer to the Company's website for News Releases announcing these results): Hole ID Interval Length (m) Gold (gpt) Silver (gpt) Te (gpt) COD17-14 COD18-3 COD18-26 COD18-32 COD18-33 COD18-34 COD18-37 COD18-45 COD18-46 COD18-49 COD18-54 COD18-61 COD18-63 COD18-67 COD18-68 COD18-69 COD18-70 16.03 2.1 1.4 1.51 2.98 3.41 3.95 2.05 1.47 1.47 1.66 1.38 1.17 7.28 2.76 7.46 6.9 4.59 14.62 10.3 3.67 8.65 6.16 8.23 50.15 54.9 9.52 7.6 5.29 28 129.1 8.77 5.76 107.5 38.64 150.2 1.09 67.2 47.6 72.4 67.36 375 379 118 60.2 32.4 424.7 1,154.90 85.4 67.9 880 102 0.24 30.4 37.3 31 38.53 72.2 34.1 31.4 150.4 823 56.3 61.2 640 Other targets in the Gold Drop Southwest Zone include the COD north region. No previous diamond dr...

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