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GGX Gold Expands Drill Program Too 5000 Meters Gold Drop Property Historic Greenwood Gold Mining Camp
VANCOUVER, BC / ACCESSWIRE / August 18, 2020 / GGX Gold Corp. (TSXV:GGX)(OTCQB:GGXXF)(FRA:3S...
About this update from Ggx Gold Corp.
[{"type":"text","content":"GGX Gold Expands Drill Program Too 5000 Meters Gold Drop Property Historic Greenwood Gold Mining CampVANCOUVER, BC / ACCESSWIRE / August 18, 2020 / GGX Gold Corp. (TSXV:GGX)(OTCQB:GGXXF)(FRA:3SR2) (the \"Company\" or \"GGX\") is pleased to provide an update on its active exploration program at the Gold Drop property in the Greenwood Mining Camp of south-central British Columbia.The company intends to complete a 5000 metre drill program at the Gold Drop property this year. The first diamond drill hole of the season is underway, testing the airborne deep-penetrating ultra-sonic AMT (Audio-Magnetotelluric) geophysical anomaly that was identified by Earth Science Services Corporation of Oshawa, Ontario (ESSCO). The hole has now been drilled to a depth of 686 metres (2,250 feet) and will be continued to at least 785 metres (2600 feet). So far, quartz veinlets containing pyrite were intersected and have been sampled for assay.Photo of drill on current hole at Gold Drop propertyOnce this hole is completed, drilling will advance to other targets identified on the property. The C.O.D. vein will be tested for depth extension by drilling at least two relatively long holes below mineralized zones that were intersected in previous drilling. The structure will be also be drilled at its southern end where the alteration zone remains open along strike.After that, one or more holes will be drilled to test the new veins exposed west of the C.O.D. vein by trenching last month. Drilling is also planned the Gold Drop mine area, where previous trenches exposed visible gold in quartz veins near the former Gold Drop and North Star mines.Surface trenching is also underway, concurrent with the drill program. Two new veins were exposed west of the C.O.D. vein, one of which contains visible gold. The excavator then moved to the Rhoderick Dhu area where trenching is being done on quartz veins originally exposed in historic shafts. Finally, trenches are planned for the Gold Drop mine area to extend several known veins.Photos of excavator at Roderick Dhu (left) and vein exposed in previous trench at Gold Drop (right)David Martin, P.Geo., a Qualified Person as defined by National Instrument 43-101 and consultant to the Company, approved the technical information in this release.On Behalf of the Board of DirectorsBarry Brown, [email protected]...