GGX Gold Corp (CVE:GGX) (OTCQB:GGXXF) (FRA:3SR2) announced that planning has begun for the upcoming 2021 exploration program at its 100% owned Gold Drop property in the Greenwood Mining Camp of British Columbia.
The company said the 2021 field season will consist of diamond drilling, prospecting, and rock sampling activities.
Targets identified for this year’s program include the Rhoderick Dhu area, Ken vein area, and C.O.D vein area, which include the Perky, Lively, and northern extension of the C.O.D North veins.
READ: GGX Gold posts "significant results" from drilling at Perky vein, Gold Drop property
GGX Gold noted 3,865 metres (m) of drilling were completed from 37 drill holes in the 2020 program, targeting the C.O.D vein, Perky vein, and further testing of an airborne geophysical anomaly.
It added that 2021 drilling will be focused on identifying lateral extension of the Perky vein, which was also trenched over 10.3m interval, yielding grades as high as 54 grams per tonne (g/t) gold, 194 g/t silver, and 134 ppm tellurium over a 0.70m width.
Furthermore, drilling will test mineralization at the Lively vein, which was successfully trenched at surface in 2020 over a 29.5m interval. Prospecting and geological mapping will continue in the Rhoderick Dhu and Ken area.
As well, the company said trenching this season will entail several areas including the northern area of the C.O.D vein, which was trenched to the south last year, and the Highland Valley vein, which was exposed at surface with a grab sample grading 4.76 g/t gold, 22.4 g/t silver, and 12.7 ppm tellurium.
Gold Drop was mined intermittently from 1919 to the 1980s. Historical production amounted to 7,572 tonnes at an average grade of 5.2 g/t of gold and 93.4 g/t of silver, with the majority of production coming before 1942.
Contact Sean at sean@proactiveinvestors.com