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GGX Gold Corp Announces April Diamond Drilling Program - Historic Gold Mining Camp - Greenwood BC
VANCOUVER, BC / ACCESSWIRE / March 25, 2022 / GGX Gold Corp. (TSXV:GGX)(OTCQB:GGXXF)(FRA:3SR...
About this update from Ggx Gold Corp.
[{"type":"text","content":"GGX Gold Corp Announces April Diamond Drilling Program - Historic Gold Mining Camp - Greenwood BCVANCOUVER, BC / ACCESSWIRE / March 25, 2022 / GGX Gold Corp. (TSXV:GGX)(OTCQB:GGXXF)(FRA:3SR2) (the \"Company\" or \"GGX\") is pleased to announce plans for the 2022 exploration program at the Company's 100% owned Gold Drop property in the Greenwood Mining Camp in British Columbia, Canada.Map of Gold Drop property showing veins and locations of Gold Drop and North Star mines.A surface drill program consisting of up to 2000 meters is being scheduled to commence in April on the Gold Drop property. Drilling is now being planned at the North Star and Gold Drop mine areas, Highland Valley vein and Ken vein.Map of Gold Drop Property showing exploration areas.For 2022, GGX is planning to drill an estimated 1500 meters in the Gold Drop and North Star mines areas to intersect the Gold Drop vein near the workings and follow the structure to depth. Drilling is also planned from this area to intersect the Dentonia vein where it is projected to extend onto the Gold Drop property at depth. Drilling is also planned for the Highland Valley vein to determine follow its projected extent.The historic Gold Drop and North Star mines are located east of Jewel Lake on the Gold Drop property. Total production from the mines is recorded as 840 ounces of gold and 2,426 ounces of silver from 6,513 tonnes. The historic underground mines were developed on the Gold Drop vein, which has been traced on surface and in underground workings for a strike length of over 400 m and over an elevation range of about 80 m. It is is a highly irregular vein that pinches and swells from narrow quartz stringers to greater than 3.5 m wide, mineralized with pyrite with lesser galena, chalcopyrite, sphalerite, tellurides and minor free gold. The only diamond drilling recorded for this vein was 6 holes totalling 483 meters drilled 1981 with no significant results. Chip sampling conducted on the North Star vein in 2013 returned results that ranged between 0.08 and 81.0 g/t gold and between 0.4 and 427.0 g/t silver, with averages for 7 chip traverses of 8.78 g/t gold and 47.0 g/t silver over a width of 0.36 meters.The Gold Drop vein lies about 500 m east of, and parallel to, the Dentonia vein, which occurs on the adjacent property to the west that is not owned by GGX Gold Corp. The De...