InvestmentPitch Media Video Discusses GGX Gold's Drill Results Including 50.1 gpt Gold and 375 gpt Silver over 2.05 Meters at Gold Drop Property
Vancouver, August 16, 2018 - GGX Gold (TSXV: GGX) (OTCQB: GGXXF) (FSE: 3SR2) has released additional results from the winter-spring diamond drilling program on the Gold Drop property, located 40 kilometres from Grand Forks, British Columbia, in the Greenwood District.Cannot view this video? Visit:
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The 2018 drilling program to date has been mainly focused on testing and defining the COD Vein, a Dentonia/Jewel style quartz vein. Trenching during 2017 exposed the northeast — southwest striking COD Vein for over a 160 meter strike length.
The latest 2018 results are from drill holes COD18-43 through COD18-45 which tested the continuation of the COD Vein south-southwest of the 2017 trench.
The highlight from these results is an intersection of 50.1 grams per tonne gold and 375 grams per tonne silver over a 2.05 meter core length in hole COD18-45, including 167.5 grams per tonne gold, 1,370 grams per tonne silver and greater than 500 grams per tonne tellurium over a 0.46 meter core length. This intersection is the highlight of the 2018 drilling program to date and represents a significant intersection with high grade gold southwest of the 2017 trench. This gold-bearing interval, consisting of quartz veins and altered granodiorite, from hole COD18-45 is located at approximately 20 meters vertical depth and approximately 160 meters southwest of the area of 2017 trenching.
COD18-45 is located approximately 220 meters southwest of hole COD17-14 which intersected the 4.59 grams per tonne gold over 16.03 meters, including 10.96 grams per tonne gold over 5.97 meters.
Prior to these results, the highlight of the 2018 drilling program was 14.62 grams per tonne gold, 150.2 grams per tonne silver and 102.0 grams per tonne tellurium over a 2.1 meter core length in hole COD18-3 at the COD Vein.
The 2018 drilling program has also tested the continuation of the Everest Vein, which is located approximately 600 meters southwest of the COD Vein worksite. The Everest Vein was first discovered by company prospectors during 2017, when chip samples collected across the approximate 0.4 meter wide vein exposure returned up to 52.8 grams per tonne gold and 377 grams per tonne silver, while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 grams per tonne gold and 630 grams per tonne silver.
The results listed in this table are highlights from holes COD18-43 to COD18-45 with intersections greater than one gram per tonne gold. Since true widths cannot be accurately determined from the information available the core lengths were reported.
Figure 1: Drill Hole COD18-45 Results
To view an enhanced version of Figure 1, please visit:
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For more information, please visit the company's website at www.ggxgold.com, contact Jack Singh, Investor Relations, at 604-720-6598, or by email at ir@ggxgold.com.
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