GGX Gold Corp has said it is awaiting drill results from diamond drilling at its flagship Gold Drop property in British Columbia.
The work in the Greenwood mining camp started on June 8, 2021, at the Perky vein where 12 holes were sunk for 444.9 metres (m) to test the northern lateral extension.
The rig was then moved over to test the Lively vein where, again, 12 holes were drilled for 1,061.2m.
One hole at 110.7m, noted GGX, was drilled to test for a northern extension of the COD vein beneath a mineralized vein in surface outcrop.
READ: GGX Gold Corp initiates bulk sample permit on the COD Vein at its flagship Gold Drop property
"The Perky vein was intersected in several holes. The Lively vein was intersected at depth where it consists of quartz stringers. A new vein, mineralized with pyrite, was intersected to east of the Lively vein in several holes," the company said in the statement.
Drilling which had been originally planned for the Gold Drop vein had been postponed due to the risk of fire amid extreme heat this summer. The weather has now cooled, said the firm, and expectations are that drilling will resume.
Core logging and sampling was completed in July and August and samples were submitted in August for assay, it added.
Gold Drop is a high-grade, near-surface asset, which was mined intermittently from 1919 to the 1980s. Historical production was 7,572 tonnes at an average grade of 5.2 grams per ton (g/t) of gold and 93.4 g/t of silver, with the majority of production coming before 1942.
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