| Vancouver, British Columbia – June 17th 2021– GGX Gold Corp. (TSX-V: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX”) is pleased to announce the silver and tellurium assay results for the Perky and C.O.D veins from the 2020 diamond drilling program at the Company’s 100% owned Gold Drop property (the “Property”) located in the Greenwood Mining Camp in south-central British Columbia. Silver and Tellurium assay results were recently received for all the C.O.D (COD20-01 to COD20-019) and Perky (PKY20-01 to PKY20-17) veins drilled in 2020. Gold assay results were reported in the April 7, 2021 News Release. The Perky vein located approximately 200 metres west of the C.O.D vein reported the most significant result of 235 g/t gold, 880 g/t silver, and 660 ppm tellurium over 0.53 metre core interval from drillhole PYK20-08. The Company plans to continue diamond drilling at the Perky vein in 2021 to continue delineation of high-grade gold, silver, and tellurium mineralization. |
 Drill core from PKY20-08: quartz vein |
| The following lists the drill intercepts over 1.0 grams per tonne gold for the C.O.D and Perky veins. Gold assays above 20.0 grams per tonne gold are bolded. |
 Note that the intercept lengths are drill core lengths and are not true widths. Due to lack of information on the geometry of the and C.O.D and Perky veins, true widths cannot be determined at this time. |
| Analyses disclosed in this release were conducted by ALS Global – Geochemistry Analytical Lab in North Vancouver, BC, Canada. ALS is an independent, fully accredited commercial laboratory. All mineralized vein samples were analyzed by the metallics sieve method (ALS Code Au-SCR24) with gold determination by fire assay. For other samples, gold was determined by the fire assay method using a 50-gram sample weight and AA finish. Over-limits were re-analyzed by fire assay using a gravimetric finish. Other metals were analyzed as part of a 48-element package using a four-acid digestion and determination by ICP-MS. The Company also announces that it has 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 cessation of acting as director, officer, employee or consultant of the Company. The stock options are not transferable and will be subject to a four-month hold period from the date of grant and any applicable regulatory acceptance. Sebastien Ah Fat, P.Geo., a Qualified Person as defined by National Instrument 43-101 and consultant to the Company, approved the technical information in this release. On Behalf of the Board of Directors Barry Brown, CEO 604-488-3900 Office@GGXgold.com Investor Relations: IR@GGXgold.com |
