VANCOUVER, BC / ACCESSWIRE / October 29, 2019 / GGX Gold Corp. (TSX-v:GGX)(OTCQB:GGXXF)(FRA:3SR2) (the "Company" or "GGX") is pleased to announce assay results from holes COD19-19 to 27, drilled this season at its Gold Drop property in the Greenwood Mining Camp. Significant results for samples collected from holes 19 to 27 are provided in the table below.
| Hole | From | To | Length (m) | Gold (g/t) | Silver (g/t) | Tellurium (ppm) | Description |
| COD19-19 | 20.02 | 20.42 | 0.40 | 35.60 | 180.0 | 251 | Quartz vein, visible gold |
| COD19-19 | 20.42 | 20.87 | 0.45 | 7.07 | 37.0 | 64.2 | Quartz vein, pyrite |
| COD19-19 | 20.87 | 21.31 | 0.44 | 19.50 | 163.0 | 90.4 | Quartz vein, pyrite |
| COD19-19 | 21.31 | 21.87 | 0.56 | 12.65 | 117.0 | 79.3 | Quartz vein, pyrite, telluride |
| COD19-19 | 21.87 | 22.30 | 0.43 | 6.29 | 148.0 | 29.5 | Quartz vein, pyrite, telluride |
| COD19-19 | 22.30 | 22.68 | 0.38 | 2.01 | 31.5 | 17.6 | Quartz vein, pyrite, telluride |
| COD19-19 | 22.68 | 22.90 | 0.22 | 4.18 | 82.4 | 18.45 | Quartz vein, pyrite, telluride |
| COD19-19 | 22.90 | 23.18 | 0.28 | 44.20 | 360.0 | 223 | Quartz vein, pyrite, telluride |
| COD19-19 | 23.18 | 23.47 | 0.29 | 50.00 | 501.0 | 358 | Quartz vein, pyrite, telluride |
| COD19-19 | 23.47 | 23.77 | 0.30 | 20.80 | 202.0 | 110 | Quartz vein, pyrite, telluride |
| COD19-19 | 23.77 | 24.15 | 0.38 | 3.62 | 296.0 | 277 | Quartz vein, pyrite, telluride |
| COD19-23 | 21.12 | 21.62 | 0.50 | 2.02 | 32.0 | 24.3 | Quartz vein, pyrite, telluride |
| COD19-23 | 21.62 | 22.12 | 0.50 | 60.20 | 469.0 | 305.0 | Quartz vein, gold, pyrite, telluride |
| COD19-23 | 22.12 | 22.62 | 0.50 | 12.50 | 106.0 | 125.5 | Quartz vein, pyrite, telluride |
| COD19-23 | 22.62 | 23.12 | 0.50 | 22.80 | 192.0 | 148.5 | Quartz vein, pyrite, telluride |
| COD19-23 | 23.12 | 23.62 | 0.50 | 1.07 | 8.7 | 4.8 | Quartz vein |
| COD19-23 | 23.62 | 24.12 | 0.50 | 28.10 | 249.0 | 147.0 | Quartz vein, pyrite, telluride |
| COD19-23 | 24.12 | 24.62 | 0.50 | 11.05 | 94.1 | 35.7 | Quartz vein, pyrite, telluride |
| COD19-23 | 24.62 | 25.12 | 0.50 | 14.65 | 161.0 | 86.0 | Quartz vein, pyrite, telluride |
| COD19-23 | 25.12 | 25.62 | 0.50 | 51.30 | 640.0 | 281.0 | Quartz vein, pyrite, telluride |
| COD19-23 | 25.62 | 26.12 | 0.50 | 116.0 | 1205.0 | >500 | Quartz vein, pyrite, telluride |
| COD19-23 | 26.12 | 26.62 | 0.50 | 47.30 | 481.0 | 309.0 | Quartz vein, pyrite, telluride |
| COD19-23 | 31.05 | 31.55 | 0.50 | 7.05 | 237.0 | 52.2 | Quartz vein, pyrite, telluride |
| COD19-23 | 31.55 | 32.05 | 0.50 | 5.84 | 101.0 | 48.9 | Quartz vein, pyrite |
| COD19-23 | 32.05 | 32.55 | 0.50 | 13.95 | 178.0 | 86.3 | Quartz vein, pyrite |
| COD19-25 | 17.98 | 18.40 | 0.42 | 6.95 | 53.8 | 34.8 | Quartz vein, pyrite |
| COD19-25 | 18.91 | 19.20 | 0.29 | 18.20 | 181.0 | 160.0 | Quartz vein, pyrite, telluride |
| COD19-25 | 19.20 | 19.52 | 0.32 | 5.92 | 39.2 | 56.5 | Quartz vein, pyrite, telluride |
| COD19-25 | 19.52 | 19.83 | 0.31 | 44.30 | 325.0 | 222.0 | Quartz vein, pyrite, telluride |
| COD19-25 | 19.83 | 20.22 | 0.39 | 1.08 | 8.9 | 29.8 | Quartz vein, pyrite |
| COD19-25 | 20.22 | 20.57 | 0.35 | 1.33 | 15.65 | 34.0 | Quartz vein, pyrite |
| COD19-26 | 48.46 | 49.00 | 0.54 | 2.00 | 11.2 | 8.3 | Granodiorite, pyrite |
| COD19-27 | 38.93 | 39.51 | 0.58 | 2.40 | 23.0 | 14.1 | Quartz veinlet + altered rock |
| COD19-27 | 39.51 | 40.09 | 0.58 | 4.15 | 43.0 | 29.1 | Quartz veinlet + altered rock |
| COD19-27 | 40.09 | 40.68 | 0.59 | 4.25 | 46.1 | 28.4 | Quartz veinlet + altered rock |
| COD19-27 | 40.68 | 41.50 | 0.82 | 1.39 | 12.5 | 8.63 | Granodiorite, 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.
* provisional value pending re-assay for tellurium
The weighted average grades for the intercepts in holes 19, 23, 25, and 27 are as follows:
| Hole | From | To | Length (m) | Gold (g/t) | Silver (g/t) | Tellurium (ppm) | Description |
| COD19-19 | 20.02 | 24.15 | 4.13 | 17.42 | 178.9 | 131 | Quartz vein, pyrite, telluride |
| COD19-23 | 21.12 | 26.62 | 5.5 | 33.36 | 330.7 | 178.8* | Quartz vein, pyrite, telluride |
| COD19-23 | 31.05 | 32.55 | 1.5 | 8.95 | 172.0 | 62.5 | Quartz vein, pyrite, telluride |
| COD19-25 | 17.98 | 20.57 | 2.59 | 9.62 | 77.1 | 66.7 | Quartz vein, pyrite, telluride |
| COD19-27 | 38.93 | 40.68 | 1.75 | 3.60 | 37.4 | 23.9 | Quartz vein, pyrite, telluride |
These results continue to confirm the presence of potentially economic mineralization in the COD vein at the Gold Drop property. The results add to the list of mineralized intercepts obtained last year (refer to news release dated February 27, 201).
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.
On Behalf of the Board of Directors
Barry Brown , CEO, President,
604-488-3900
Office@GGXgold.com
Investor Relations:
Mr. Jack Singh,
604-488-3900,
IR@GGXgold.com