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GGX Gold Corp. reported significant findings from its 2021 drilling program at the Gold Drop property in British Columbia. A total of 25 drill holes were completed, revealing notable results from the Perky and Lively veins. Highlights include a maximum of 12.6 grams per tonne gold and 120 grams per tonne silver. The results suggest that mineralized extensions may still exist, warranting further exploration in the 2022 field season. GGX aims to explore additional areas of interest, enhancing its potential for resource discovery.
GGX Gold Corp. (OTCQB:GGXXF) has announced an update on exploration activities at its 100%-owned Gold Drop property in British Columbia. Drilling commenced on June 8, 2021, with 25 holes completed over a total of 1,616.8 meters. The program focused on the Perky and Lively veins, yielding intersections that included quartz stringers and new mineralized veins. Drilling initially planned for the Gold Drop vein was postponed due to forest fire risks but is set to resume. Assay results from the drilling are pending, raising anticipation for future developments.
GGX Gold Corp has appointed 360 Aviation Services Inc. for investor relations, focusing on strategic marketing and investor engagement for the next six months, at a monthly fee of $4,500. This move is aimed at enhancing relationships within the investment community. Additionally, GGX granted 975,000 stock options to its directors and consultants at an exercise price of $0.16, with options vesting quarterly over the following year. CEO Barry Brown emphasized the company's goal of unlocking value at the Gold Drop Property.
GGX Gold Corp. has initiated the permitting process for a bulk sample at the C.O.D vein located within its fully-owned Gold Drop property in British Columbia. High-grade intersections reported include 129 g/t gold and 1,154 g/t silver over a core length of 7.28 meters. The bulk sample aims to provide insight into the metallurgy and recovery processes, supported by prior exploratory drilling efforts totaling 10,292 meters from 155 drill holes. The company aims to unlock further value from the property amidst ongoing evaluation of resource potential.
GGX Gold Corp. provides an update on its exploration work at the Gold Drop property in British Columbia. As of now, 18 drill holes have been completed since the program's start on June 8, 2021. The drilling initially targeted the Perky vein, followed by the Lively vein where a new mineralized structure was discovered. The company is transitioning to drill the COD vein after completing the current hole. Notably, GGX will not proceed with previously announced stock options, highlighting a strategic decision amidst ongoing exploration efforts.
GGX Gold Corp. announced positive silver and tellurium assay results from its 2020 diamond drilling program at the Gold Drop property in British Columbia. The most notable result includes 235 g/t gold, 880 g/t silver, and 660 ppm tellurium from the Perky vein. The company plans to continue drilling to delineate high-grade mineralization. Additionally, GGX granted 800,000 stock options to its directors and employees at an exercise price of $0.16, which are valid for five years.
GGX Gold Corp. has commenced a diamond drilling program at its Gold Drop property, targeting 2,500 meters for the 2021 field season. The focus is on delineating the Perky vein, with 5-6 planned drill holes, having reported high-grade intercepts in 2020. Additional drilling is also planned for the Lively vein, C.O.D North extension, and other veins. CEO Barry Brown expressed enthusiasm for the program, highlighting the property’s high-grade gold and tellurium potential. The drilling plan may be adjusted as needed by technical staff.
GGX Gold Corp. announces its 2021 exploration program at the Gold Drop property in British Columbia. The program aims to enhance gold production through diamond drilling and geological mapping in key target areas, including Perky, Lively, and C.O.D veins. In 2020, the company conducted extensive drilling and trenching, achieving notable grades, including 54 g/t Au over a 0.7m interval. The report includes rigorous analytical methods by ALS Global, ensuring high data integrity. Forward-looking statements cite mineral acquisition plans, emphasizing potential market risks.
GGX Gold Corp. announced the appointment of Sebastien Ah Fat as Vice President of Exploration. With over a decade of experience in the mining sector, Ah Fat has worked with Pacific Bay Minerals Ltd. and Glacier Resources Corp. He holds a B.Sc. in Geology from the University of Calgary and is a certified Professional Geoscientist. CEO Barry Brown highlighted Ah Fat's valuable knowledge related to the Gold Drop project. The company also granted 800,000 stock options at an exercise price of $0.16, with specific terms regarding their exercise.
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