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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

Post by Goldy63on Dec 13, 2019 10:54am
85 Views
Post# 30451957

News And Zero Volume . Guess The Market Speaks

News And Zero Volume . Guess The Market Speaks GGX Gold Report Assays from Holes 28 to 48 at Gold Drop V.GGX | 7 hours ago VANCOUVER, BC / ACCESSWIRE / December 13, 2019 / GGX Gold Corp. (TSXV:GGX)(OTCQB:GGXXF)(FRA:3SR2) (the "Company" or "GGX") is pleased to announce assay results from holes drilled this season at its Gold Drop property in the Greenwood Mining Camp. In 2019, a total of 3,160 metres were drilled in 49 holes to test the C.O.D. and C.O.D. North veins, and 719 metres in Hole AMT19-01. Holes COD19-34 to 43 were drilled on the C.O.D. North Vein. Significant results for samples collected from holes COD19-28 to 48 are provided in the tables below. Hole From To Length (m) Gold (g/t) Silver (g/t) Tellurium (ppm) Description COD19-29 41.24 41.88 0.64 3.98 38.3 23.0 Quartz vein, pyrite COD19-29 43.61 44.00 0.39 8.74 94.7 55.1 Quartz veinlet + altered rock COD19-30 40.36 40.85 0.49 42.00 465.0 403.0 Quartz vein, pyrite, telluride COD19-30 40.85 41.43 0.58 9.60 107.0 76.5 Quartz vein, pyrite, telluride COD19-31 36.45 36.98 0.53 20.90 220.0 163.0 Quartz vein, pyrite COD19-31 36.98 37.45 0.47 17.80 160.0 132.5 Quartz vein, pyrite, telluride COD19-38 36.05 36.49 0.44 5.65 38.8 26.3 Quartz veinlet + altered rock COD19-38 36.49 36.80 0.31 1.11 7.6 5.5 altered rock, pyrite COD19-38 38.39 38.71 0.32 58.30 384.0 355.0 Quartz vein, pyrite, telluride COD19-45 49.45 50.00 0.55 21.20 224.0 133.5 Quartz vein, pyrite, telluride COD19-45 50.00 50.50 0.50 9.70 69.4 48.3 Quartz vein, pyrite COD19-45 50.50 51.00 0.50 2.30 23.9 13.9 Quartz vein, pyrite COD19-45 51.00 51.44 0.44 2.65 75.1 26.9 Quartz vein, pyrite COD19-46 32.52 33.00 0.48 41.20 431.0 314.0 Quartz vein, pyrite, telluride COD19-46 33.00 33.50 0.50 84.70 769.0 700.0 Quartz vein, pyrite, telluride COD19-47 29.74 30.09 0.35 74.90 796.0 700.0 Quartz vein, gold, pyrite, telluride COD19-48 27.54 28.00 0.46 7.88 78.0 54.4 Quartz vein, pyrite 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 at this time to estimate true widths. The weighted average grades for the intercepts in holes 30, 38, 45, and 46 are as follows: Hole From To Length (m) Gold (g/t) Silver (g/t) Tellurium (ppm) Description COD19-30 40.36 41.43 1.07 24.44 270.9 226.0 Quartz vein, pyrite, telluride COD19-38 36.05 36.80 0.75 3.77 25.9 17.7 Quartz veinlet + altered rock COD19-45 49.45 51.44 1.99 9.46 102.0 58.5 Quartz vein, pyrite, telluride COD19-46 32.52 34.00 1.48 42.81 404.8 342.8 Quartz vein, pyrite, telluride These results provide further confidence in the potential for economic mineralization in the COD vein at the Gold Drop property. The results add to the list of mineralized intercepts disclosed previously. 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, and Tellurium results greater than 500 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. On Behalf of the Board of Directors Barry Brown, Director 604-488-3900 Office@GGXgold.com Investor Relations: Mr. Jack Singh, 604-488-3900, IR@GGXgold.com Read more at https://stockhouse.com/news/press-releases/2019/12/13/ggx-gold-report-assays-from-holes-28-to-48-at-gold-drop#rt3AlmbiHlXrVpX9.99
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