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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 Jan 13, 2019 8:51am
87 Views
Post# 29224522

RE:Looks like they drilled down the vein rather than through

RE:Looks like they drilled down the vein rather than through
This is the single most important drill core to date. They did drill with the vein which gave it a larger iintercept but that grade supports the bulk sample that they took last year which was far in excess of anything they ever drilled.

The reason for this is that the gold is coarse gold... nuggets. When you drill a 0.5 meter cross section with a 2 inch pipe your odds of hitting a nuggest are slim. They are demonstrating that the veins is FAR richer in gold than the structural drill cores are indicating.

Why is this imporant? Well, if you assume a killometer long vein is 1g/t because you have beem missing the big nuggets then you under estimate the entire resource. Consider the drill program of the past to have been a structural drill program. They defined the location and depth of the vein. This drill core and the bulk sample are defining the grade. Drill for structure drift for grade. Drill that into your brains.

This stock should sail past 25 cents on this result. It should sail past 40 cents. The vein is over a killometer long and it is close to surface and very rich. This is mill feed, at surface. We are sitting on a buyout target in the next 12 to 24 months.

So when the nay sayers start this BS just sit back and laugh at them kning that they have no clue! 
Bullboard Posts