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InvestmentPitch Media Video Discusses GGX Gold's Planned Test of New Technology on a Newly Discovered Geophysical Anomaly at Gold Drop Property in BC - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2019) - GGX Gold (TSXV: GGX) (OTCQB: GG...
About this update from Ggx Gold Corp.
[{"type":"text","content":"InvestmentPitch Media Video Discusses GGX Gold's Planned Test of New Technology on a Newly Discovered Geophysical Anomaly at Gold Drop Property in BC - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - July 5, 2019) - GGX Gold (TSXV: GGX) (OTCQB: GGXXD) (FSE: 3SR2) is planning to drill a high priority geophysical target at its Gold Drop Property, located in the Greenwood mining camp in southern British Columbia, one of the most prolific mining camps in Canada.For more information, please view the InvestmentPitch Media \"video\" which provides additional information about this news and the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"GGX Gold\" in the search box. Cannot view this video? Visit:http://www.investmentpitch.com/Stargate II surveys were performed by Earth Science Services Corporation of Oshawa, Ontario (ESSCO) (www.earthscienceservices.ca) over the Republic Graben trend in Washington and British Columbia in 2014 and 2015 at 1 kilometer and 500 meter line spacings. The proprietary Stargate II Drill Target Modeling System incorporates Acoustic EM analysis, technology that was developed by ESSCO. It employs an enhanced, deep-penetrating ultra-sonic AMT (Audio-Magnetotellurics) geophysical survey. As the system is in developmental/pre-commercial stage the effectiveness of this technique is not fully known to GGX.A resultant geophysical anomaly on the Gold Drop property in the Greenwood Mining Camp was supplied by Glenn Galata of ESSCO. The anomaly, measuring 1,834 by 1,377 meters, is centered at the intersection of three interpreted major fault conduit structural traces and is located along strike and to the north of the C.O.D. vein trend. Testing the target will require drilling to a depth of at least 400 and up to 764 meters, the deepest ever to be drilled on the Gold Drop property.The anomaly is located at the intersection of corridors identified as \"conduit-fault-structural traces\". Two of these are coincident with the trend of the C.O.D. vein system and a probable NW-trending cross-fault.GGX Gold management stated: \"The correlation of anomaly corridors with known geological features provides some confidence in the result. GGX is excited to have the opportunity to engage this new technology with a drill test planned in the coming weeks...