$ Junior Mining and Exploration $

[howestreetbull]

GGX.v New Company I would like to bring to your attention...
GGX Gold Corp
Company was recently written up by Alphastox so I will merely share the writers piece here and suggest you have a look at co and their projects...Agoracom will be picking up coverage of the name beginning in June, lots of news flow related to the companies Golddrop project and their 9.6 % of the J2 Syndicate (which staked the original Coffee claims which Kaminak (KAM.v) drilled and later sold to Goldcorp GG for 500Million dollars.
cheers,
hsb

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Alphastox.com
Dear Alphastox Subscribers,

As I mentioned in my last piece, I do believe we’re going to see a rush in the gold market amid the uncertainty relating to the Trump administration. His policies went from rallying the overall markets to confusing investors, and that wariness could, like a lot of experts say, push gold to new highs. Take a look at couple of articles below:

Gold price surges as crisis engulfs Trump administration:
http://www.theweek.co.uk/gold-price/61682/gold-price-surges-as-crisis-engulfs-trump-administration

Gold Has “Decisive Turn Around” – “Next Stop Is $1,300 Or Higher” – Rickards: http://www.zerohedge.com/news/2017-05-22/gold-has-%E2%80%9Cdecisive-turn-around%E2%80%9D-%E2%80%93-%E2%80%9Cnext-stop-1300-or-higher%E2%80%9D-rickards

With all the negative Trump headlines plaguing the news sources, It’s inevitable that investors may want to turn to one of the “safe-haven” investments that’s been protecting their money for years…Gold. Over the last few months, I’ve been searching for the next junior gold company to invest my money in and I wanted to find a company in a safe jurisdiction, preferably one surrounded by majors and/or past producers and one that’s led by an all-star team and I think I found it with GGX Gold (TSXV:GGX).

I recently took a small position in GGX last week in the market at $0.185/share. I invested about $50,000 to dip my toe into what could become a major win over the next twelve months. This is a long-term play for me as opposed to a trade, as I do think their flagship project has a ton of merit that could generate investors substantial value over the next year.

GGX’s flagship, the Gold Drop Project, is located 40 km from Grand Forks, British Columbia in a geologically prospective ground.


One of the most interesting highlights of the asset is the fact that Gold Drop was a historical producer. Gold Drop’s historical production totaled 7572 tonnes at an average grade of 5.2 g/t Au and 93.4 g/t Ag.

Here’s a short snapshot of their project:

Land Package: 2150 hectares.

Permitted: Notice-of-work permit from the Ministry of Energy and Mines for phase 1 exploration work on the Gold Drop property has been granted. The approved work permit is a multiyear permit, valid until Dec. 1, 2018, that enables the company to establish up to 20 drill sites and up to 25 excavator trenches on the property. The primary purpose of the work permit is to allow the company to identify areas for bulk sampling.

Infrastructure: Power is available on the property. Water is available, seasonally, from a small pond or several small creeks on the property, or from Jewel Lake. Services, including room, board and fuel, are available in Greenwood (population < 700). Grand Forks, with a population of about 8,000 in the city and immediate surrounding area, is a major supply center. Most services needed for exploration are available in Grand Forks, located 40 km east along Highway 3 from Greenwood. The closest full-service airports are located in Kelowna, Penticton or Castlegar.

Access: There is road access to the property from Greenwood, by Highway 3 for 4 km to the Boundary Creek road, for 1.5 km and a further 9 km on the Jewel Lake road to the Jewel Lake-Eholt road. Access to the eastern part of the property can be obtained through the Dentonia mine site.

Processing: The property is in proximity to several mills including the Kinross Kettle River Buckhorn mill which is currently operating at half capacity.

Bulk Sampling: Historical production totals 7572 tonnes at an average grade of 5.2 g/t Au and 93.4 g/t Ag from three main veins (Amandy, North Star and Gold Drop). The average mined grade is significantly affected by a large volume of very low grade material that was removed from the North Star mine in 1934-35. Omitting production from these years, the average grade for the remaining 2505 tonnes mined from the property is 13.1 g/t Au and 133.7 g/t Ag. There was also limited mining at the Roderick Dhu vein in 1940 (25 tonnes mined at 19.9 g/t Au and 275 g/t Ag).

History: Historic work on the property can be divided into 3 periods, an early period of activity in the late 1890’s and early 1900’s when most of the veins were discovered, a period of work in the 1930’s and 1940’s when most of the underground development work was done and when most of the historical production was achieved, and a more recent phase from 1980 through to the present when limited surface and underground exploration work was done. Most of the historic work was geared towards finding ore zones along the veins that could be mined. Only very minor trenching and drilling has been done, and systematic property-wide exploration work is lacking.

Phase 1: The Phase 1 program has a budget of $150,000 and includes geological mapping, excavator trenching, and soil geochemical surveys in the Amandy and Gold Drop-North Star areas. Possible surface bulk sampling is also included in Phase 1, to better determine the average grade of veins exposed by trenching.

On May 11th, GGX announced that they’ve started their Phase 1 exploration program. According to the release, the program will focus on 6 priority areas, covering areas of gold and silver bearing veins. These priority areas are the Gold Drop – North Star vein system, Ken vein and Silent Friend veins in the eastern region; Amandy vein and Roderick Dhu vein in the northwest region; and Tel – C.O.D. veins in the southwest region. An area of high grade gold and silver mineralization discovered in 2015 at a trench at the North Star vein is high priority target for the Company. Grab samples from this trench returned 159 g/t Au (grams per tonne) and 744 g/t Ag, 12.2 g/t Au and 78 g/t Ag; and 12.5 g/t Au and 100 g/t Ag.

The southwest region of the property is the first area of focus during the current program. An excavator has recently been mobilized to the property and will begin trenching in this zone shortly. Trenching will follow in other target areas. Diamond drilling is scheduled to begin in late June on priority targets.




In addition to the Gold Drop Property, GGX also owns a 9% non-dilutive interest in a private syndicate that has 14 recently developed Gold Project in the Golden Triangle. These projects are seeking JV partners and already have two deals pending. When successfully completed, these deals could potentially pay dividends to GGX Gold to the tune of hundreds of thousands of dollars and potentially millions of shares in various joint venture partners. With the success of Ascot Resources (TSXV:AOT) and others in the area, there is excessive Interest in the Golden Triangle and particularly in these projects. Since marketing began 60 days ago two deals have been signed with two other public entities but are pending regulatory approvals. Once everything is approved and up and running, I will be sure to send out a quick note highlighting the details and its effect on GGX shareholders.

Before we go any further, let’s have a quick look at who’s leading the charge:

BARRY BROWN – PRESIDENT, CEO & DIRECTOR
Since 1978, Mr. Brown has been president of Barry Developments Ltd., a wholly owned private company involved in the organization, reorganization, and management of private and public companies. Mr. Brown has over 35 years of experience as a director and/or officer of a number of public companies. Mr. Brown received a bachelor of commerce in finance from the University of British Columbia in 1976.

CAMPBELL R. DELONG – M.SC. GEOLOGY
Campbell (Cam) Delong has been credited for a key role in the discovery and development of the Mount Milligan Mine, currently owned by Thomson Creek Metals. The Mount Milligan Mine has 2.2 Billion Pounds of Copper in proven and probable reserves, 5.7 Million ounces of gold in proven and probable reserves, and a twenty-two-year mine life. Cam worked as a geologist with Hunter Dickinson Inc. from 1989 to 1998 as part of the Continental Gold Team. Cam wrote a M. Sc. Thesis (UBC) on the Mount Milligan Mine. Cam also played key roles in the El Condor, Taseko projects in BC and the Farallon project in Mexico. Cam was also a geologist for RPS from 1999 to 2009 working in Gabon, Equatorial Guinea, Egypt, Mexico, and Indonesia. Cam was responsible for several discoveries during this 10 year tenure. Cam has spent the past 7 years (2009 to 2016) advising mineral companies globally on how best to advance their assets.

DR. SADEK E. EL-ALFY, Strategic Advisor
Dr. El-Alfy is a professional Mining Engineer with over 35 years of experience in underground as well as open pit mining operations on various continents. His extensive experience in evaluating projects and implementing mining operations are a key asset to strengthen the GGX Gold management team. Dr. El-Alfy’s experience includes leading the Crystallex team in Venezuela over many years, as Vice President Operations, in the development of the Las Cristinas 25 million ounces deposit. After the Las Cristinas deposit was expropriated by the Venezuelan State, Dr. El-Alfy served the company as witness of fact, in the World Bank ICSID tribunal which awarded Crystallex over $1 billion in compensation.

Dr. El-Alfy’s experience includes Chief Mining Engineer for Giant Yellowknife Mines at the historic Giant Mine in the N.W.T, and later as G.M. of the Timmins Division with responsibility spanning several underground mines as well as a large-scale tailings recovery plant.

QUINN FIELD-DYTE – DIRECTOR
Mr. Field-Dyte has over 10 years of experience in the financial industry, having served from 1996 to 2001 as an investment adviser and later as a consultant to Raytec Development Corp. He currently sits on the board of directors for numerous TSX Venture Exchange-listed companies in the metals and mining industry.

SCOTT KENT – DIRECTOR
Mr. Kent brings to the team over 20 years of experience providing public relations counsel to various sectors including mining and manufacturing. With emphasis on corporate communications, his sales and marketing experiences are a welcomed asset. Mr. Kent currently sits on the board and acts in a corporate secretarial role for multiple publicly traded companies.

ZENY MANALO – CONSULTANT & ACCOUNTING
Ms. Zeny Manalo has acted as a director and officer of junior companies for over 25 years. She has been self-employed acting as an administrative consultant and accounting for public and private Canadian and US companies.

With an exciting Phase 1 exploration program in the works, an overall macro trend telling us to BUY gold and a project with extensive potential, there is no doubt I needed a piece of what could become the next major discovery in BC. The stock is pretty liquid and has gone from a low of $0.075/share to a high of $0.19 a few days ago and looks to be positioning itself for another good run.

After speaking with management and a few of their larger shareholders, I got the sense that this is only the beginning for the play. This last financing that was announced last week for $95,000 is simply to place one strategic investor and one existing shareholder and I don’t expect to see another larger raise anytime soon as their goal is to get their $0.20 warrants exercised. The only way they’ll be able to entice shareholders to do so is if the stock trades closer to $0.30 or higher.

Obviously there aren’t any guarantees that that’s going to happen but that’s their goal. However, with a drill program underway, new shareholders getting positioned and a marketing program set to expose the GGX story to new investors all over the world, I do believe the next few months should be very exciting for the company so make sure you keep the ticker on watch now.

As their program expands and continues to excite the market, don’t be surprised to see more activity in the market. The stock did hit a high of $0.39/share in the fall but management’s hoping to reach even higher highs this time around.

I will make sure to send out another update the moment I hear anything from the field but as always, if you have any questions in the meantime, please don’t hesitate to get in touch with me anytime, I look forward to hearing from you.

Best,
Etienne

Disclosure: Transcend Capital Inc. is a shareholder and has been paid a fee


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