RE:Northern Equity Research Report on GGX Gold. The only official word you hear these days from Kinross on the subject of their mothballed Kettle River-Buckhorn operation is that “exploration activities in the region are continuing.”
Indeed. The mothballed mill, sitting in Washington State, just over the US/Canada border, needs feed to restart operations. That need has kicked off an intense interest in the Greenwood region of British Columbia, a mere 60 kilometres south from the Kinross operation. GGX Gold Corp (TSX-V: GGX) is one of a few companies working toward producing gold from their property in Greenwood.
Over the past two years, the company has been very active and turned up results that have led to the deployment of second drill rig on the property early this year. Results have already started to roll in, and we expect to see a steady stream of news from GGX over the next six months—meaning investors will want to keep a close eye on what could become an important source of gold ore for the hungry Kinross mill only sixty kilometres south of the GGX property