Stockwatch -Gold Summary- Mar 28th 2018 Barry Brown's GGX Gold Corp. (GGX), up one-half cent to 12 cents on 122,000 shares, has completed its first three holes at its recently discovered Everest vein, on the Gold Drop project near Greenwood in south-central British Columbia. Assays are pending, but Mr. Brown, president and CEO, is touting intersections of up to 19.15 metres, including an 11.35-metre hit into a "strongly mineralized and silicified zone." GGX Gold has been a busy driller on the project this month, with several holes already completed on the nearby COD vein.
Everest turned up last summer, when GGX sampled up to 34.1 grams of gold and 233 grams of silver per tonne from grab sampling of the quartz vein. Subsequent samples produced up to 81.8 grams of gold and 630 grams of silver per tonne, stoking the company's enthusiasm for drilling Everest, which is 600 metres southwest of COD.
The North Vancouver-based Mr. Brown, who has been with the company since 2015, got just $34,000 in fees for his work with GGX last year.