GGX Gold Completes First 3 Diamond drill Holes on Newly Discovered Everest Vein at Gold Drop Property in BC - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2018) - GGX Gold (TSXV: GGX) (OTCQB: GGXXF) (FSE: 3SR2) has completed the first 3 diamond drill holes on the newly discovered Everest Vein on its Gold Drop Property., which is located 40 kilometres from Grand Forks, British Columbia in the Greenwood District.
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The Everest vein is located approximately 600 metres southwest, and 100 metres east of the COD Vein worksite, where the company is currently drilling phase III on that Vein. The Everest Vein was discovered in 2017 by company prospectors during hand pitting at a zone of local quartz float, exposing the vein in-situ.
Chip samples collected in 2017 across the approximately 0.4 metre wide vein exposure returned up to 52.8 grams per tonne gold and 377 grams per tonne silver while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 grams per tonne gold and 630 grams per tonne silver.
| Sample ID | Sample type | Gold ppm | Silver ppm |
| 844766 | Chip | 34.8 | 277 |
| 844767 | Chip | 52.8 | 377 |
| 844768 | Chip | 12.1 | 110 |
| 844769 | Chip | 20.2 | 167 |
| 844770 | Chip | 41.8 | 359 |
| 844771 | Trench Boulder Grab | 81.8 | 630 |
| 844772 | Chip | 25.3 | 217 |
| 844773 | Chip | 6.48 | 47 |
The current drill program on the Everest Vein, which has never been drill tested, is designed to test the vein at depth. The following intercepts are reported as core length.
DD EVE18-1 — intersected an 11.35 metre strongly mineralized and silicified zone.
DD EVE18-2 — intersected a 19.15 metre mineralized zone that includes a 5.3 metre strongly silicified zone with a total of 1.62 metres of quartz intercepts.
DD EVE18-3 — intersected a 2.76 metre mineralized and silicified zone that includes 1.2 metres of quartz veining.
The core is being split and shipped to Vancouver for analysis.
The company has an excellent interactive 3D Model of Gold Drop drill hole intercepts available on its website.
For more information, please visit the company's website at www.ggxgold.com, contact Jack Singh, Investor Relations, at 604-720-6598, or by email at ir@ggxgold.com.
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