GGX Gold Corp. (CVE:GGX, OTCQB:GGXXF) has posted latest assays from its Gold Drop property near Greenwood, British Columbia.
Shares in the company advanced 4.76% in Toronto to stand at C$0.11.
Results have been received for 2018 drill holes EVE18-7 to EVE18-18, which tested the area of the Everest vein, which lies in the Gold Drop Southwest zone, the firm said.
Drilling this year also tested the COD vein, which lies in the Gold Drop Southwest zone, north of the Everest vein.
The highlight was 12.45 grams per tonne (g/t) gold and 121 g/t silver over 0.85-metre core length in one hole in the Everest vein.
The Everest vein, south of the COD vein, was first discovered by company prospectors during the 2017.
Chip samples collected last year across the approximate 0.4 metre-wide vein exposure returned up to 52.8 g/t gold and 377 g/t silver while a grab sample of a quartz vein boulder broken off the outcrop by the excavator returned 81.8 g/t gold and 630 g/t silver.