VANCOUVER, BC / ACCESSWIRE / August 6 2020 / GGX Gold Corp. (TSXV:GGX)(OTCQB:GGXXF)(FRA:3SR2) (the "Company" or "GGX") is pleased to provide an update on its on-going exploration work at the Gold Drop property in the Greenwood Mining Camp.
Trenching started at the C.O.D. vein at its southern end. Where the vein was exposed it contains pyrite mineralization, typical of areas in this vein that assay high in gold. Follow-up drilling will be done based on the results.
Next, two new veins were discovered by trenching quartz boulders located west of the COD vein. The first discovery vein ranges up to 0.5 metres thick and locally contains possible visible gold associated with pyrite, chalcopyrite and a grey sulphide mineral that is likely a telluride mineral. In the main C.O.D vein, elevated silver, gold and tellurium values are associated with a soft silver-grey mineral. This mineral is speculated to be Sylvanite (Ag,Au)Te2 a silver-tellurium-gold mineral that is believed to be the source of gold and tellurium in the higher grade sections of the main COD vein (see news release March 7, 2019).
Micro-photo of possible visible gold in new discovery vein at COD West.
Photo of channel sampling at trench on new discovery vein at COD West
Photo of excavator trenching second discovery vein at COD West.
The second discovery vein was exposed for a 50 metre strike length and contains pyrite mineralization.
The excavator is going next to the Rhoderick Dhu area where additional historic quartz showings will be trenched and sampled.
Later, follow-up drilling will be conducted on the most promising veins exposed by the trenching program.
Map showing GGX mineral property located 3 km north of Greenwood, BC, showing relative locations of trenching areas.
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
604-488-3900
Office@GGXgold.com