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The Markets
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Gold & silver

GGX Gold Corp extends the COD vein along strike at Greenwood

The Gold Drop mine in Greenwood has permits in place for 2018 drilling and trenching. GGX’s current strategy is to "prove up" existing reserves and begin small scale production on the Gold Drop mine.

GGX Gold Corp (CVE:GGX) said drilling at its Greenwood project has extended the vein 30 metres to the south in the Gold Drop southwest zone. The company has completed 24 diamond drill holes targeting the COD vein in the Gold Drop southwest zone. Currently, the COD vein drill is located at a pad 30 metres (m) south of the southernmost extent of the 2017 trench. The drill hole DDCOD18-24 intersected the COD vein 42 metres below surface. The drill hole successfully extends the COD vein occurrence 30 metres along strike, GGX said. Highlights from the drilling include:

  • DDCOD18-24 intersected a 2.17 m mineralized zone including a 1.6 m wide quartz vein intercept.
  • DDCOD18-21 intersected a 7.32 m mineralized zone including 3.52 m of quartz veining.
  • DDCOD18-20 intersected a 2.66 m mineralized zone including a 1.56 m quartz vein intercept.
  • DDCOD18-19 intersected a 1.40 m quartz vein intercept and a second 0.46 m vein intercept.
  • DDCOD18-18 intersected a 1.54 m mineralized zone including 1.14 m quartz vein intercept.
  • DDCOD18-14 intersected a 2.94 m mineralized zone including a 1.5 m quartz vein intercept.

GGX is preparing the core for shipment to the labs in Vancouver.

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