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Ggx Gold Corp V.GGX

Alternate Symbol(s):  GGXXF

GGX Gold Corp. is a Canada-based a junior mineral exploration company engaged in the business of acquiring, exploring and evaluating natural resource properties. The Company is focused on its Gold Drop Project and is actively pursuing other precious metal assets particularly in the province of British Columbia. The Company has earned a 100% interest in the Gold Drop Property (gold - silver - tellurium). Its Gold Drop property in situated in one of the most prolific gold-copper mining camps of North America, the Greenwood-Republic mining camp.


TSXV:GGX - Post by User

Bullboard Posts
Comment by SirHumpsAloton Aug 15, 2018 7:52pm
97 Views
Post# 28468984

RE:RE:RE:RE:RE:all we need is a couple of great holes

RE:RE:RE:RE:RE:all we need is a couple of great holes
I think you forget how drilling works as well as mining. ggx has hit s solid grease here. 100 gram meters. For folks who dont know, 100 gram meters is what world class mines are made of. Now, look etsmot get too hy pop ed, it was one hole. That said, the trend has been better results week after week. They are working into a hot zone and let's hope they are in it for a long time. We know that the gold here is large nuggets in the veins. Drilling is not a great representation of what is there. The actual grades on this hole are probably lower. That is why we have a bulk sampling program. The company is drifting for grade. The drills are really on the y testing structure, width, length, and depth of mineralisation. In ter mb s of feasibility, look at the depth. This system starts at surface. Easy to mine. The coin extends well over a kilometer. This project is going to be a mine one day at the defined depth. How deep does this vein run? We have not tested below 60 to 70 meters. It might run down 500 to 1000 meters. This vein could be a monster. Now with respect to vein widths which the post I am replying to was jawing about you must realize that widths are only important in terms of grades. So, 10 meters at 10 g per ton is no better than 1 meter at 100 g per ton, or 2 meter at 50 g per ton. Small widths need higher grades to be economic or multiple narrow veins in close pool proximity. Bottom line, the veins here are narrow but the grades make then sufficiently wide to make a mine.
Bullboard Posts