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The Markets
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Gold & silver

GGX Gold shares zoom north as it hits 50.15 g/t gold at Gold Drop

The highlight was an intercept of 50.1 g/t gold and 375 g/t silver over 2.05m (meter) core length in one hole

Shares in GGX Gold Corp. (CVE:GGX, OTCQB:GGXXF) soared over 18% Wednesday as it posted further results from its diamond drilling programme on the Gold Drop property, in Greenwood, British Columbia.

The highlight was an intercept of 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05m (meter) core length in one hole. The drilling has been testing the COD gold-bearing vein in the Gold Drop Southwest zone.

READ: GGX Gold shares lifted as latest drill assays from Gold Drop encourage

Other highlights were 167.5 g/t of the yellow metal and 1,370 g/t silver in an intersection of 0.46m.

The 2018 drilling programme has focused on testing and defining the COD vein, after trenching exposed the northeast-southwest-striking vein for over 160m strike.

Results from Gold Drop have been coming thick and fast from the company.

Last week, it flagged up one intersection that contained 8.23 grams per tonne (g/t) gold, 67.36 g/t silver and 35.83 g/t tellurium over a 3.95-metre core length.

Another hole showed 6.58 g/t gold, 52 g/t silver and 23.1 g/t tellurium.

GGX shares raced up over 18% in Toronto to C$0.13.

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