Initiates Trenching Program in addition to its ongoing Diamond Drilling Program
TSX.V : GGX
FRA : 3SR2
OTCQB : GGXXF
May 17, 2018
GGX Gold
Initiates Trenching Program
in addition to its ongoing Diamond Drilling Program
Greenwood, BC
Vancouver, British Columbia – May 17, 2018 – GGX Gold Corp. (TSX.V: GGX)
(OTCQB: GGXXF), (FRA; 3SR2) (the “ Company” or “ GGX”) is pleased to
announce the mobilization of an additional piece of heavy equipment to the Gold Drop
Property near Greenwood, Southern British Columbia. The excavator will be used during
the on-going diamond drill program for expanding the trenches at both the COD and
Everest Veins. The permit allows for an additional 850 meters of trenching in the Gold
Drop Southwest zone. These trenches are specifically designed for locating and extending
both the COD and Everest Vein structures that are currently being drilled.
The trenching program will target gold soil geochemical anomalies identified during the
2017 survey. These gold soil anomalies including high values of 0.061, 0.073 and 0.088
ppm gold. Soil samples were collected along 31 soil lines. These lines were spaced 25
meters apart with a 25meter sample interval. The soil lines were of varying lengths but on
average 250meters long. The soil sampling program extended the target area for at least
600 meters northeast . The program also identified other gold anomalies near the new
COD adit and northeast of the COD trenches , now referred to as the COD North . (See
News Release of January 10, 2018).
GGX Gold News Release
David Martin, P.Geo ., a Qualified Person as defined by NI 43 -101 and consultant for
GGX, 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: 604-488-3900 E-mail: [email protected]
“ We don’t have to do this, we get to do this ”
The Crew
GGX Gold News Release
Forward Looking Information
This News Release may contain forward -looking statements including but not limited to
comments regarding the acquisition of certain mineral claims. Forward -looking statements
address future events and conditions and therefore involve inherent risks and unc ertainties.
Actual results may differ materially from those currently anticipated in such statements and
Revolver undertakes no obligation to update such statements, except as required by law.
Forward-looking statements are based on the then -current expe ctations, beliefs,
assumptions, estimates and forecasts about the business and the industry and markets in
which the Company operates, including that: the current price of and demand for minerals
being targeted by the Company will be sustained or will impr ove; the Company will be able to
obtain required exploration licences and other permits; general business and economic
conditions will not change in a material adverse manner; financing will be available if and
when needed on reasonable terms; the Company will not experience any material accident;
and the Company will be able to identify and acquire additional mineral interests on
reasonable terms or at all. Forward -looking statements are not guarantees of future
performance and involve risks, uncertainties and assumptions which are difficult to predict.
Investors are cautioned that all forward -looking statements involve risks and uncertainties,
including: that resource exploration and development is a speculative business; that
environmental laws and regula tions may become more onerous; that the Company may not
be able to raise additional funds when necessary; fluctuations in currency exchange rates;
fluctuating prices of commodities; operating hazards and risks; competition; potential inability
to find suit able acquisition opportunities and/or complete the same; and other risks and
uncertainties listed in the Company’s public filings. These risks, as well as others, could cause
actual results and events to vary significantly. Accordingly, readers should not place undue
reliance on forward -looking statements and information, which are qualified in their entirety
by this cautionary statement. There can be no assurance that forward -looking information, or
the material factors or assumptions used to develop such forward looking information, will
prove to be accurate. The Company does not undertake any obligations to release publicly any
revisions for updating any voluntary forward -looking statements, except as required by
applicable securities law.
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