GGX Gold releases positive silver and tellurium assays from Gold Drop project in British Columbia

GGX Gold releases positive silver and tellurium assays from Gold Drop project in British Columbia

Proactive Investors

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GGX Gold Corp (CVE:GGX) (OTCQB:GGXXF) (FRA:3SR2) reported the receipt of positive silver and tellurium assay results from a 2020 diamond drill program at the Perky and COD veins on the Gold Drop property. The project is located in the Greenwood Mining Camp in south-central British Columbia, a historically plentiful area that has past-produced 1.4 million ounces of gold, 10 million ounces of silver and 700 million pounds of copper. GGX Gold’s recent assay results cover the entire COD and Perky vein area that was drilled in 2020. The gold assay results for the same zones were previously published in April, 2021. READ: GGX Gold begins diamond drilling at its Gold Drop property in British Columbia According to the company statement, the Perky vein located approximately 200 metres west of the COD vein reported the most significant result with 235 grams per ton (g/t) of gold, 880 g/t of silver, and 660 parts per million of tellurium. GGX plans to continue diamond drilling at the Perky vein in 2021 to continue the delineation of the high-grade gold, silver, and tellurium mineralization. In addition to the results, the diversified explorer also granted 800,000 stock options at an exercise price of $0.16 to its directors, officers, employees and consultants. The options are exercisable for five years and will be cancelled 30 days after end of employment. The stock options are not transferable and will be subject to a four-month hold period from the date they are granted.  Contact the writer at georgia@proactiveinvestors.com Follow her on Twitter @MissInformd

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