GOLD DROP PROPERTY WITHIN MULTIMILLION OUNCE GOLD PRODUCTION REGION

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Message: GGX Gold Begins Diamond Drilling Program On the Gold Drop Property, Southern British Columbia

VANCOUVER, BC / ACCESSWIRE / April 15, 2019 / GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the "Company" or "GGX") is pleased to announce it has begun the spring 2019 diamond drilling program on the Gold Drop Property, located in Southern British Columbia. The drilling program will focus on the C.O.D vein located in the Gold Drop Southwest Zone. The Company intersected near-surface, high- grade gold, silver and tellurium within the C.O.D vein during 2018 diamond drilling, including:

  • COD18-67: 129 g/t gold, 1,154 g/t silver & 823 g/t tellurium over 7.28 meters core length.
  • COD18-70: 107 g/t gold, 880 g/t silver & 640 g/t tellurium over 6.90 meters core length.


GGX is kicking off its 2019 exploration program with drilling on the C.O.D vein (C.O.D stands for "Continuation of Dentonia"; the Dentonia is another gold-quartz vein in the camp that was historically mined). The C.O.D vein was first targeted by GGX in 2017. Initial sampling of the vein justified follow-up trenching and drilling. In 2018, the drilling program followed on and included a series of holes drilled to the south of the C.O.D trench that successfully extended the vein for a total length of nearly 400 meters and intersected high grade mineralization. The assay results (please refer to the Company's website for News Releases announcing these results) include the following highlights:

Hole ID

Interval Length

Gold (gpt)

Silver (gpt)

Te (gpt)

COD17-14

16.03

4.59

38.64

 

COD18-3

2.1

14.62

150.2

102

COD18-26

1.4

10.3

1.09

0.2

COD18-32

1.51

3.67

67.2

30.4

COD18-33

2.98

8.65

47.6

37.3

COD18-34

3.41

6.16

72.4

31.0

COD18-37

3.95

8.23

67.36

38.53

COD18-45

2.05

50.15

375

 

COD18-46

1.47

54.9

379

 

COD18-49

1.47

9.52

118

72.2

COD18-54

1.66

7.6

60.2

34.1

COD18-61

1.38

5.29

32.4

31.4

COD18-63

1.17

28

424.7

150.4

COD18-67

7.28

129.11

1,154.90

823.0

COD18-68

2.76

8.77

85.4

56.3

COD18-69

7.46

5.76

67.9

61.2

COD18-70

6.9

107.5

880

640

For 2019, the drilling will be initially aimed at extending and in-filling the ore shoot of high-grade gold-silver-tellurium mineralization that was intersected in 2018. Following this, the Everest vein to the south, and the C.O.D. extension to the north will be drill-tested.

The highlights of the 2018 diamond drilling program are drill holes COD18-67 and COD18-70 that intersected near-surface, high-grade gold, silver and tellurium in the southern extension of the C.O.D vein. COD18-67 intersected 129 grams per tonne (g/t) gold, 1154 g/t silver & 823 g/t tellurium over 7.28-meter core length while COD18-70 intersected 107 g/t gold, 880 g/t silver & 640 g/t tellurium over 6.90-meter core length (News Releases of January 11, January 18 and March 18, 2019). The C.O.D. vein system is open along strike and at depth.

No previous diamond drilling has been completed at the C.O.D. extension to the north. The 2018 trenching program exposed numerous vein showings with grab samples up to 15.45 g/t gold, 159 g/t silver Ag and 114.5 g/t tellurium. A chip sample (0.4 meters long) returned 21.7 g/t gold, 216 g/t silver and 149 g/t tellurium (News Release of February 27, 2019).

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and consultant for GGX Gold Corp., is responsible for the technical information contained in this News Release.

To view the Original News release with pictures please go to the website or contact the company.

On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
[email protected]

 

Investor Relations: Mr. Jack Singh, 604-488-3900 [email protected]

"We don't have to do this, we get to do this"
The Crew

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