GGX Gold Corp.(CVE:GGX, OTCQB:GGXXF) shares rose as it released latest diamond drill results from its Gold Drop property in British Columbia.
A highlight from these analytical results was an intersection of 11.3 grams per tonne (g/t) gold, 125 g/t silver and 69.3 g/t tellurium over 0.51m (meter) core length.
READ: GGX Gold brings in C$362,000 to finish summer exploration at Gold Drop
This gold-bearing interval (quartz vein within altered granodiorite) in the hole is situated around 50 metres southwest of the area of the trenching made in 2017.
Another highlight was an intercept of 10.55 g/t gold, 98 g/t silver and 82 g/t tellurium over 0.45-metre core length in another hole.
GGX noted that the 2018 drilling programme to date has been mainly focused on testing and defining the COD vein, a Dentonia/Jewel style quartz vein.
Trenching during 2017 exposed the northeast-southwest striking COD vein for over 160-metre strike length.
The 2018 drilling programme has also tested the continuation of the Everest vein, which is located approximately 600 metres southwest of the COD vein work site.
The Everest vein was first discovered by company prospectors during 2017, the firm said.
GGX shares are up 5% at C$0.105.