Business
GGX Gold Drill Assays - Historic Gold Camp - Greenwood BC
VANCOUVER, BC / ACCESSWIRE / October 10, 2019 / GGX Gold Corp. (TSXV:GGX)(OTCQB:GGXXF)(FRA:3...
About this update from Ggx Gold Corp.
[{"type":"text","content":"GGX Gold Drill Assays - Historic Gold Camp - Greenwood BCVANCOUVER, BC / ACCESSWIRE / October 10, 2019 / GGX Gold Corp. (TSXV:GGX)(OTCQB:GGXXF)(FRA:3SR2) (the \"Company\" or \"GGX\") is pleased to announce assay results from the first ten holes drilled this season at its Gold Drop property in the Greenwood Mining Camp.Significant assay results were obtained in five of the ten holes, as provided in the table below.HoleFromToLength(m)Gold(g/t)Silver(g/t)Tellurium(ppm)DescriptionCOD19-0128.3628.740.38145.001430.0>500Quartz vein, pyrite, tellurideCOD19-0128.7429.180.443.9837.650.8Quartz vein, pyrite, tellurideCOD19-0132.2132.610.405.0831.222.5Granodiorite, pyrite COD19-0666.0066.610.612.4338.723.6Quartz veinlet COD19-0761.8362.330.502.217.210.35Clay altered granodioriteCOD19-0762.3362.780.452.119.66.7Quartz vein, pyrite COD19-0884.3885.000.622.8523.513.2Silica-pyrite breccia COD19-1013.9014.200.307.4338.787.1Quartz vein, pyriteCOD19-1015.0015.540.5410.6051.156.7Quartz vein, pyriteAbbreviations: m=meters, g/t = grams per tonne, ppm = parts per million (equivalent to grams per tonne)Note 1: The lengths reported in the table above are core interval lengths and not true widths; there is insufficient information to estimate true thickness.Weighted average grades for the intercepts in holes 1 and 10 are as follows:HoleFromToLength(m)Gold(g/t)Silver(g/t)Tellurium(ppm)DescriptionCOD19-0128.3629.180.8269.33682.9259*Quartz vein, pyrite, tellurideCOD19-0761.8362.780.952.168.38.6 COD19-1013.9015.541.645.1124.936Quartz vein, pyrite*Provisional value: one Telluruim analysis in hole 1 exceeded the upper detection limit and will be re-analyzed at a later date.Overall, the results confirm the presence of potentially economic mineralization in the COD vein at the Gold Drop property. The drilling was done above, below and along strike of the best intercepts from 2018, and the results add to the list of mineralized intercepts obtained last year (refer to news release dated February 27, 2019).Analytical results reported above were provided by ALS Laboratories in North Vancouver, BC., which is an independent and accredited commercial laboratory. Analyses for gold were done by fire assay with AA finish on 50 gram sub-samples, or by metallics sieve analyses. Analyses for silver and tellurium were by four acid digestion with ICP-MS finish. Silver results...