GGX Gold Completes Holes 4, 5, 6. 17.91 Meter Shear Zone, Intersected Below Vein in Hole 6.
GGX Gold Completes Holes 4, 5, 6,
17.91 Meter Shear Zone, Intersected Below Vein in hole 6
Vancouver, British Columbia – March 15, 2018 – GGX Gold Corp. (TSXV: GGX), (OTC Pinks: GGXXF), (the “Company” or “GGX”) is pleased to announce the completion of holes 4-6 from the Phase III Diamond Drilling program on the Gold Drop Property near Greenwood, BC. The program currently underway is targeting the COD Vein in the Gold Drop Southwest Zone.
The holes four through six of the current program have now been successfully completed for a total of 188.64 meters. Hole 4 and 5 holes were designed to further delineate the COD vein at depth. Hole 6 was drilled from the east side of the vein to identify possible cross structures. All of the reported intervals are core length.
DDCOD18-4 – intersected two mineralized zones totaling 3.83m core length with a 1.18m quartz vein interval.
DDCOD18-5 – intersected a 3.86 m mineralized zone surrounding the 1.08 m COD Vein intercept. Two other silicified and mineralized zones were also intercepted earlier in the hole. These two zones total 1.59 m core length.
DDCOD18-6 – intersected a 1.7 m mineralized zone consisting of 0.9 m of vein and 0.8m extremely silicified and mineralized wall rock. 1.5m of mineralization and silicification was encountered deeper in the hole. A 17.91m shear zone was intercepted between 52.1-70.01m in the hole. The shear zone consists of altered, sometimes bleached rust stained rock. Several silicified zones, sometimes mineralized with pyrite, have been intercepted. A total of 6.3 m of moderate to strong silicification was intersected in the shear zone.
The core is currently being split and securely packaged for shipment to ALS laboratories in Vancouver, BC. There the core will be analyzed for gold by Fire Assay and for 48 multi element Four Acid and ICP-MS. Quality control (QC) samples are being inserted at regular intervals.
The Phase III drilling is ongoing. Additional holes are planned under the southern extent of the 2017 trench, including some holes targeting the vein from the east side.
David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and consultant for GGX, is responsible for the technical information contained in this News Release.
To view previous News Releases on the Gold Drop Property please refer to the Company’s website or contact the company.
On Behalf of the Board of Directors,
Barry Brown, Director
Mr. Jack Singh, firstname.lastname@example.org
“ We don’t have to do this, we get to do this ”
Forward Looking Information
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