GGX to employ high-tech drill modeling system at BC gold property

GGX Gold (TSX-V: GGX) is planning to use the proprietary Stargate II (SG II) Drill Target Modeling System and drill a high priority geophysical target at its Gold Drop property, located in the Greenwood mining camp in southern British Columbia.

In a press release, GGX said SG II incorporates Acoustic EM analysis, which is a technology that was developed by Earth Science Services Corporation or ESSCO of Oshawa, Ontario. The solution employs an enhanced, deep-penetrating ultra-sonic audio-magnetotelluric geophysical survey.

Prior to this project, Stargate II surveys were performed by ESSCO over the Republic Graben trend in Washington and British Columbia in 2014/2015 at 1 kilometre and 500-metre line spacings.

“A resultant geophysical anomaly on the Gold Drop property in the Greenwood Mining Camp was supplied by Glenn Galata of ESSCO. The anomaly measures 1834 by 1377 metres, is centered at the intersection of three interpreted major fault conduit structural traces and is located along strike and to the north of the C.O.D. vein trend. Testing the target will require drilling to a depth of at least 400 and up to 764 metres – the deepest ever to be drilled on the Gold Drop property,” the miner’s media statement reads.

According to GGX, if successful, the test at the Gold Drop property could result in the discovery of a new gold deposit or even a new gold deposit type. It could also lead to further investigations utilizing the new geophysical technique in other areas of the Greenwood Mining Camp.