GGX Gold Corp. (TSX-V:GGX) has announced plans for the 2022 exploration program at its 100%-owned Gold Drop property in the Greenwood Mining Camp in British Columbia.
The company said a surface drill program consisting of up to 2,000 meters (m) is being scheduled to commence in April on the property. Drilling is now being planned at the North Star mine and Gold Drop mine areas, Highland Valley vein, and Ken vein.
For 2022, GGX is planning to drill an estimated 1,500m in the Gold Drop and North Star areas to intersect the Gold Drop vein near the workings and follow the structure to depth.
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Drilling is also planned from this area to intersect the Dentonia vein, where it is projected to extend onto the Gold Drop property at depth, and drilling is also planned for the Highland Valley vein to determine its projected extent.
The historic Gold Drop and North Star mines are located east of Jewel Lake on the Gold Drop property. Total production from the mines is recorded as 840 ounces (oz) of gold and 2,426 oz of silver from 6,513 tonnes.
The historic underground mines were developed on the Gold Drop vein, which has been traced on surface and in underground workings for a strike length of over 400m and over an elevation range of about 80m.
The only diamond drilling recorded for this vein was six holes totaling 483m drilled in 1981 with no significant results. Chip sampling conducted on the North Star vein in 2013 returned results that ranged between 0.08 and 81.0 grams per ton (g/t) gold and between 0.4 and 427.0 g/t silver
The Gold Drop vein lies about 500m east of, and parallel to, the Dentonia vein, which occurs on the adjacent property to the west that is not owned by GGX.
The Dentonia vein was developed by four shafts with interconnected workings on five levels to a depth of 120m. Total production is recorded as 43,354 oz of gold and 258,973 oz of silver from 124,644 tonnes. The Dentonia vein is projected to extend onto the Gold Drop property at depth and will be tested by deep drilling from the surface in the North Star mine area.
The Ken vein is located approximately 860m east of the Gold Drop vein and is exposed in two short adits on a narrow quartz vein. Exploration trenching in 2014 exposed a discontinuous 0.30 meter-wide quartz vein striking northeast and dipping southeast that contains pyrite, chalcopyrite, malachite, and galena. From this trench, two grab samples were collected that returned results of 0.51 and 0.81 g/t gold. In 2017, a grab sample was collected at the entrance to one of the historic adits, consisting of a piece of quartz containing visible gold, which assayed 297 g/t gold.
In 2020, a chip sample collected across the vein exposed at the adit assayed 0.12 g/t gold. Mapping was conducted in 2021 to accurately locate the old adits which indicate the vein strikes northeast (30 degrees) and dips 60 degrees southeast. This orientation is parallel to the Gold Drop and the Dentonia veins.
The Highland Valley vein is located on the southern part of the Gold Drop property approximately 1.8 kilometers (km) from the North Star mine. Historic sampling from 1985 is reported as 13.4 g/t gold over 1.2m. Two grab samples collected in 2020 returned 4.76 and 2.57 g/t gold from an area of a historic adit and a pit that exposed two quartz veins 0.1 and 0.2 meter-wide.
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