GGX Gold Drills 16.03 Meters of 4.59 g/t Gold and 38.64 g/t Silver at Gold Drop Project

VANCOUVER, BC / ACCESSWIRE / September 7, 2017 /GGX Gold Corp. (TSX-V: GGX) (the "Company" or "GGX") is pleased to announce it has received analytical results for the second batch of drill core samples from the Phase I diamond drilling program at the Company's Gold Drop Project near Greewood, BC. GGX is currently exploring and defining the COD Vein, a Dentonia/Jewel style quartz vein, located in the Gold Drop Southwest Zone. Trenching during 2017 has exposed the northeast - southwest striking COD vein for over 160 meter strike length. The second batch of drill core samples returned significant gold and silver values including a broad intersection in hole COD17-14 (grading 4.59 g/t Gold and 38.64 g/t Silver over 16.03 meters with a high grade core grading 10.96 g/t Gold and 89.86 g/t Silver over 5.97 meters).

The Company had previously received analytical results for 68 trench channel samples. These samples returned anomalous to high grade values for gold, including high values of 43.2 g/t Gold and 224 g/t Silver (News release of July 26, 2017). The first batch of drill core samples for the COD Vein returned up to 24.1 g/t Gold and 192 g/t Silver (News release of Aug 28, 2017).

The Phase I drilling program aimed to delineate the COD Vein in the Gold Drop Southwest Zone from 5 pad locations along the North-south trench. The drilling tested the vein along 80 meters of strike length. The drilling commenced south of the C.O.D. mine shaft and progressed systematically to the north. The Phase I drilling totaled 15 holes (691 meters). The objective of the drilling was to determine depth and the dip of the vein exposed at surface and confirm gold and silver mineralization below the channel samples. Drilling to date has confirmed the vein to a vertical depth of 150 feet (46.36 meters), being open at depth.

Drill core is being geologically logged and sampled at the Greenwood facility. The core samples are sawn in half and stored in a secure location. Core samples are being delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by Fire Assay - AA. The second batch of samples was also analyzed for 48 Elements by Four Acid and ICP-AES / ICP-MS. Quality control (QC) samples are inserted at regular intervals.

The analytical results listed below are from holes COD17-10 to COD17-14, testing the COD Vein. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported. The Gold, Silver grade is reported in grams per tonne (g/t). The intervals listed below are from the gold and silver bearing vein and adjacent low grade mineralized envelopes. The sampling also revealed other intervals with low grade gold (up to 0.4 g/t gold over 1 meter) in veining and / or host rock.

Hole COD17-14 intersected a broader zone of veining and gold and silver mineralization grading 4.59 g/t Gold and 38.64 g/t Silver over 16.03 meter core length. Core intervals with the silver-grey mineral that was speculated to be the gold/silver telluride Calaverite have returned significant levels of gold and silver. The two higher grade samples from COD17-14 listed in the preceding table also returned higher tellurium values of 211 g/t (0.56 meters) 140 g/t (0.60 meters).

Quartz veins in COD17-14

Readers are warned that historical records referred to in this News Release have been examined but not verified by a qualified person. Further work is required to verify that historical assays referred to in this News Release are accurate.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.