GGX Gold 2018 Drilling and Trenching Permits in Place
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GGX: TSX-V
GGXXF: OTCQB
GGX Gold
2018 Drilling and Trenching Permits in Place
______________________________________________________________________________________
Vancouver, British Columbia – February 14, 2018 – GGX Gold Corp. (TSXV: GGX), (OTC QB: GGXXF), (the
“Company” or “ GGX”) is pleased to announce th e 2018 work permit s are in place for Trenching and
Drilling on the Company’s Gold Drop Project near Greenwood, BC. The permit has been expanded to
include further drilling and trenching that covers the Gold Drop Southwest zone . The 2017 t renching
exposed the northeast — southwest striking C.O.D. Vein for more than 160 meters in strike length and
the drilling yielded results including Hole COD17-14 grading 4.59 grams per tonne gold and 38.64 grams
per tonne silver over 16.03 metres core length with a high grade core grading 10.96 grams per tonne gold
and 89.86 grams per tonne silver over 5.97 metres of core length (News release of Sept 7, 2017).
The permit includes an additional 17 drill sites at various locations along the northeast — southwest
structure in the Gold Drop Southwest zone where the C.O.D. and the Everest Veins are located . The
permit also allows for an additional 850 m of trenching in the Gold Drop Southwest zone. These trenches
are specifically designed for locating and extending both the COD and Everest Vein structures. Drilling is
also planned and permitted for the Everest vein where the 2017 chip sampling program returned values
of up to 81.8 gpt Au and 630 gpt Ag (News release Aug 21, 2017).
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The company is anticipating a program to commence in the very near future , which will include a phase
three drill program. We will be releasing a more comprehensive description of drill targets and trenching
locations shortly.
David Martin, PGeo, a qualified person as defined by National Instrument 43 -101, is responsible for the
technical information contained in this news release.
On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
Investor Relations:
Mr. Jack Singh: 604-720-6598 E-mail: [email protected]
“ We don’t have to do this, we get to do this ”
The Crew
Forward Looking Information
This news release includes certain statements that constitute “forward -looking information” within the
meaning of applicable securities law, including without limitation, the Company’s information and
statements regarding or inferring the future business, operations, financial performance, prospects, and
other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include
statements regarding the completion of the proposed transactions. For ward-looking statements address
future events and conditions and are necessarily based upon a number of estimates and assumptions. These
statements relate to analyses and other information that are based on forecasts of future results, estimates
of amounts not yet determinable and assumptions of management. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or
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future events or performance (often, but not always, using words or phrases such as “expects” or “does not
expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating
that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be
achieved), and variations of such words, and similar expressions are not statements of historical fact and
may be forward-looking statements. Forward-looking statement are necessarily based upon several factors
that, if untrue, could cause the actual results, performances or achievements of the Company to be
materially different from future results, performances or achievements express or implied by such
statements. Such statements and information are based on numerous assumptions regarding pre sent and
future business strategies and the environment in which the Company will operate in the future, including
the price of gold and other metals, anticipated costs and the ability to achieve goals, and the Company will
be able to obtain required licen ses and permits. While such estimates and assumptions are considered
reasonable by the management of the Company, they are inherently subject to significant business,
economic, competitive and regulatory uncertainties and risks including that resource expl oration and
development is a speculative business; that environmental laws and regulations may become more
onerous; that the Company may not be able to raise additional funds when necessary; fluctuating prices of
metals; the possibility that future explora tion, development or mining results will not be consistent with
the Company’s expectations; operating hazards and risks; and competition. There can be no assurance that
economic resources will be discovered or developed at the Gold Drop Property. Accordingly, actual results
may differ materially from those currently anticipated in such statements. Factors that could cause actual
results to differ materially from those in forward looking statements include continued availability of
capital and financing and general economic, market or business conditions, the loss of key directors,
employees, advisors or consultants, equipment failures, litigation, competition, fees charged by service
providers and failure of counterparties to perform their contractual obligations. Investors are cautioned that
forward-looking statements are not guarantees of future performance or events and, accordingly are
cautioned not to put undue reliance on forward -looking statements due to the inherent uncertainty of such
statements. The forward-looking statements included in this news release are made as of the date hereof
and the Company disclaims any intention or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or othe rwise, except as expressly required by
applicable securities legislation.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release