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QcX Gold Corp. (QCX.V)

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  • C
    Chad
    It’s criminal the way management has had complete disregard for shareholders.
    No seriously, it’s criminal.
  • H
    Haz
    by @newsfile on 8 Dec 2020, 09:19
    QcX Gold Exploration Program Delivers Again With up to 18.9 g/t Au from Golden Giant West Block and Grants Options

    Montréal, Québec--(Newsfile Corp. - December 8, 2020) - QcX Gold Corp. (TSXV: QCX) (OTCQB: QCXGF) (FSE: 21MA) ("QcX" or the "Company") is very pleased to announce results from its Phase 2 exploration program on its 100% owned Golden Giant West project ("Golden Giant West" or "GGWest"). The overall Golden Giant project ("Golden Giant Project") is comprised of 3 properties; GGWest, Golden Giant East ("GGEast"), and the Kali East ("Kali East") block, covering approximately 18,992 hectares and is contiguous to Azimut Exploration Inc.'s Patwon project as shown in Figure 1. The Phase 2 exploration program on Golden Giant West followed up on initial results from the Phase 1 program, and has resulted in further discoveries of anomalous gold values from grab samples returning up to 18.9 g/t Au along with other anomalous samples of interest as shown in Figure 2 and Table 1.

    Aaron Stone, Vice President Exploration of QcX, stated, "Following the recent announcement from the GGEast Block, today's published results from the GGWest Block further amplify how impressive the Golden Giant project is starting to become at such an early stage. We've observed some important structures on the GGWest Block, such as shear zones, following the general trend of deformation in the area, being NE-SW. The structures identified on GGWest are found on the same strike as those observed on Azimut's Elmer property to the north-east. Here we are seeing mineralisation not only in veining, but also in sheared portions of host rock, which could be an indicator of a gold system that is not only defined to the constraints of veining."

    Cannot view this image? Visit: https://orders.newsfilecorp.com/files/1791/69749_916d88da146808b7_001full.jpg
    Figure 1: Location of the Golden Giant Project (red) with respect to neighbouring companies.

    To view an enhanced version of Figure 1, please visit:
    https://orders.newsfilecorp.com/files/1791/69749_916d88da146808b7_001full.jpg

    Table 1: Results over 30ppb Au from Phase-II work on Golden Giant West property

    Sample ID UTM-E UTM-N Zone Au g/t Ag g/t Cu % Zn %
    A684751 688686 5791371 17 18.9 2.3 0.021 0.019
    A684767 688817 5791369 17 1.79 0.4 0.018 0.003
    A684765 688716 5791366 17 0.565 2.8 0.021 0.004
    A684768 688817 5791369 17 0.398 < 0.2 0.002 0.005
    A684581 688844 5791453 17 0.382 < 0.2 0.004 0.003
    A684772 688996 5791353 17 0.305 0.5 0.012 0.002
    A684764 688713 5791366 17 0.271 < 0.2 0.009 0.004
    A684774 689381 5791160 17 0.167 1.4 0.011 0.354
    A684752 688691 5791369 17 0.098 0.4 0.029 0.004
    A684775 689381 5791160 17 0.085 1.1 0.012 0.474
    A684760 688705 5791369 17 0.074 0.5 0.041 0.005
    A684580 688790 5791414 17 0.065 < 0.2 0.025 0.004
    A684761 688708 5791369 17 0.062 0.4 0.015 0.005
    A684575 688788 5791411 17 0.045 0.4 0.047 0.003
    A684577 688811 5791436 17 0.033 0.4 0.033 0.004


    In Phase 2, 68 samples were taken from GGWest. 15 samples, or 22.1% of the total samples analyzed, returned gold value over 30 ppb AU. The more significant gold mineralization identified to date occurs as:

    Continuous rusty bands ~50 centimetres thick with up to 15% very fine-grained pyrite in an amphibolite. Highest grading sample here from Phase 1 returned 3.87 ppm Au. Multiple samples were taken to follow-up during Phase 2. The best gold results were 18.9 ppm Au, 565 ppb Au and 271 ppb Au. Another similar rusty band a further 135 metres to the east was found with results of 1.79 ppm Au and 398 ppb Au. Additionally, two other rusty bands 180 metres north-east and 310 metres east from Phase 1's 3.87 ppm result were found with results of 382 ppb Au and 305 ppb Au respectively.
    A silicified breccia in an amphibolite host showing 5% disseminated pyrite, with results of 167 ppb Au and 85 ppb Au.
    Cannot view this image? Visit: https://orders.newsfilecorp.com/files/1791/69749_916d88da146808b7_002.jpg

    Figure 2: Results from the Phase II prospecting program on Golden Giant West, underlain by geology. Labelled values are > 100 ppb Au.

    To view an enhanced version of Figure 2, please visit:
    https://orders.newsfilecorp.com/files/1791/69749_916d88da146808b7_002full.jpg

    Cannot view this image? Visit: https://orders.newsfilecorp.com/files/1791/69749_916d88da146808b7_003.jpg

    Figure 3: Field photos from Phase 2 work: A - Continuous rusty band ~50 centimeters containing up to 15% very fine-grained pyrite in an amphibolite with results of up to 18.9 ppm Au. B - Rusty bands ~50 centimeters thick holding up to 15% very fine-grained pyrite in an amphibolite with results of up to 1.79 ppm Au, 135 metres from grab sample grading 18.9 ppm Au. C - Sample number A684767, an amphibolite showing 5% fine grained pyrite grading at 1.79 ppm Au. D - Brecciated and silicified amphibolite with results of up to 167 ppb Au.

    To view an enhanced version of Figure 3, please visit:
    https://orders.newsfilecorp.com/files/179
  • H
    Haz
    Labs must be running a bit behind these days because of covid , these results must be coming out soon.

    05 Nov 2020 QcX Gold Corp expects Golden Giant project's Phase 2 exploration assay results by next week

    QcX Gold Corp. (TSXV:QCX) (OTCMKTS:QCXGF) (FSE:21MA) Vice President of Exploration Aaron Stone tells Proactive the Toronto-based group is expecting Phase 2 exploration assay results out of its Golden Giant project in Quebec by next week. Stone says once the results come, the group will begin a geophysics program in late December, or early January. Meanwhile, the group is hoping to formalize drilling targets for 2021 at its Fernet Property, also in Quebec.
  • M
    M.A.
    Let’s start trading.
    We are getting to all time highs of $1475 soon to reach $1500
  • E
    Eric
    news mentioned they are getting back in the trading game
  • D
    Dom
    any news on drilling?
  • R
    Ryan
    So how do they do a 1:10 and the price not go up?
  • f
    franklin
    Where
  • D
    Dom
    this one is dragging, management should be buying to show some confidence
  • E
    Eric
    how can they make the news like they did aug. 27th when we cant do anything trading wise?
  • M
    M.A.
    Does anyone have any news on this stock ?
  • D
    Dom
    come on qcx, I know you are tsx venture but keep investor in the loop on what is going on...
  • R
    Ryan
    Finally starting to move. Big things to cone
  • M
    M.A.
    Ok now that we got ripped off 1:10 lets start trading
  • R
    Ryan
    I don’t think this will ever trade again at this rate
  • R
    Ryan
    How long until it starts trading?
  • E
    Eric
    still waiting
  • M
    M.A.
    How long does that last ?
  • D
    Dom
    lack of information on next step and aprehension.
  • G
    Green
    New here. Looking forward to QCX moving forward. GLTA