Starts Drilling at C.o.d. North Vein
GGX GOLD CORP
STARTS DRILLING at C.O.D. NORTH VEIN
Vancouver, British Columbia – June 20, 2019 – GGX GOLD CORP. (TSX.v: GGX) (OTCQB:
GGXXD) (the “Company” or “GGX”) GGX Gold announces it has now completed 32 diamond drill
holes on the C.O.D. vein and has moved the drill rig to start drilling the C.O.D. North Vein at the
Gold Drop property in the Greenwood Mining Camp.
The Company’s drill rig has now completed the first stage of in-fill drilling on the C.O.D.
vein. The rig has now been moved to explore the C.O.D. North vein, which is a parallel vein
located 700 meters northeast of the main vein. Trench samples collected in 2018 from the
C.O.D. North vein assayed up to 21.7 grams per tonne gold over 0.4 meters. An initial stage of
10 holes is planned to test the structure in the area of the surface trenches.
Photo of piece of NQ drill core from Hole 2019-31 containing coarse pyrite mineralization.
Since the start of the season in mid-April, 32 holes for a total of 1923 meters have been
completed on the main C.O.D. structure. Fourteen holes intersected the C.O.D. quartz vein at
the target depths containing variable amounts of pyrite mineralization (see photo). Five vein
intercepts were visibly mineralized with possible gold-telluride mineralization (sylvanite,
(Ag,Au)Te2) and one other intercept contained visible gold.
June 20, 2019 TSX.v : GGX
FRA : 3SR2
OTCQB : GGXXD
GGX Gold News Release
Following on from the C.O.D. North structure, the drill program will continue this season with
planned holes to test the Everest vein, a visible gold bearing vein that was discovered in 2018,
and the Gold Drop mine, where visible gold in quartz has been identified in surface exposures.
The drill core is currently being logged and cut in half with a diamond saw at the Company’s
facility in Greenwood, B.C. Half core samples will be shipped for assay later this month.
David Martin, PGeo, a qualified person as defined by National Instrument 43-101 and consultant
for GGX Gold, is responsible for the technical information contained in this news release.
On Behalf of the Board of Directors
George Sookochoff, President,
604-488-3900
Investor
Relations:
Mr. Jack Singh, 604-488-3900, [email protected]
“We don’t have to do this,
we get to do this”
~The Crew
GGX Gold News Release
GGX Gold News Release
Forward Looking Statement
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 uncertainties. 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 expectations, 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 improve; 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 suitable 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.
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of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release