GGX drills 0.3 m of 102 g/t Au, 1,185 g/t Ag in B.C.
GGX drills 0.3 m of 102 g/t Au, 1,185 g/t Ag in B.C.
2019-10-23 06:09 ET - News Release
Mr. Barry Brown reports
GGX GOLD REPORTS ON ASSAYS FROM GOLD DROP PROPERTY - HISTORIC GOLD MINING CAMP - GREENWOOD BC
GGX Gold Corp. has released assay results from holes COD19-11 to 18, drilled this season at its Gold Drop property in the Greenwood mining camp.
Significant assay results for samples collected from holes 11-18 are provided in the table below.
Hole From To Length (m)Gold (g/t)Silver (g/t)Tellurium (ppm)Description COD19-1124.7525.050.30 102.00 1185.0 418.0 Quartz vein, pyrite COD19-1326.3126.610.30 13.45 125.0 90.8 Quartz vein, pyrite, telluride COD19-1326.6126.980.37 21.60 192.0 124.5 Quartz vein, pyrite, telluride COD19-1438.5939.480.89 2.36 19.2 14.1 Quartz, altered rock, pyrite COD19-1441.0042.001.00 2.05 4.7 3.5 Quartz vein, limonite COD19-1526.0026.520.52 5.05 54.7 29.2 Quartz vein, pyrite COD19-1613.2413.630.39 5.60 50.6 30.1 Quartz vein, pyrite COD19-1615.1716.110.94 3.67 39.9 36.7 Quartz vein, limonite
Abbreviations: m=meters, g/t = grams per tonne, ppm = parts per million (equivalent to grams per tonne)
Note: The lengths reported in the table above are core interval lengths and not true widths; there is insufficient information to estimate true thickness.
The weighted average grades for the intercept for hole 13 is presented below:
Hole From To Length (m)Gold (g/t)Silver (g/t)Tellurium (ppm)Description COD19-1326.3126.980.67 17.95 162.0 109 Quartz vein, pyrite, telluride
Overall, these results confirm the presence of potentially economic mineralization in the COD vein at the Gold Drop property. The results continue to add to the list of mineralized intercepts obtained in 2018 (refer to news release dated February 27, 2019) and 2019 (see release dated October 10, 2019).
Analytical results reported above were provided by ALS Laboratories in North Vancouver, BC., which is an independent and accredited commercial laboratory. Analyses for gold were done by fire assay with AA finish on 50 gram sub-samples, or by metallics sieve analyses. Analyses for silver and tellurium were by four acid digestion with ICP-MS finish. Silver results greater than 100 ppm were reanalyzed using a four-acid digestion and ICP-AES or AAS finish on a 0.4g sub-sample. Quality control was monitored using analytical results for reference standards and blank samples inserted into the sample stream at a frequency of 5% each.
David Martin, P.Geo., a Qualified Person as defined by National Instrument 43-101 and consultant to the Company, approved the technical information in this release.
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