VANCOUVER - GGX Gold Corp. (TSXV: GGX) (OTCQB: GGXXF) (FRA: 3SR2) (the 'Company' or 'GGX') is pleased to announce the silver and tellurium assay results for the Perky and C.O.D veins from the 2020 diamond drilling program at the Company's 100% owned Gold Drop property located in the Greenwood Mining Camp in south-central British Columbia.

Silver and Tellurium assay results were recently received for all the C.O.D (COD20-01 to COD20-019) and Perky (PKY20-01 to PKY20-17) veins drilled in 2020. Gold assay results were reported in the April 7, 2021 News Release.

The Perky vein located approximately 200 metres west of the C.O.D vein reported the most significant result of 235 g/t gold, 880 g/t silver, and 660 ppm tellurium over 0.53 metre core interval from drillhole PYK20-08. The Company plans to continue diamond drilling at the Perky vein in 2021 to continue delineation of high-grade gold, silver, and tellurium mineralization.

Analyses disclosed in this release were conducted by ALS Global - Geochemistry Analytical Lab in North Vancouver, BC, Canada. ALS is an independent, fully accredited commercial laboratory. All mineralized vein samples were analyzed by the metallics sieve method (ALS Code Au-SCR24) with gold determination by fire assay. For other samples, gold was determined by the fire assay method using a 50-gram sample weight and AA finish. Over-limits were re-analyzed by fire assay using a gravimetric finish. Other metals were analyzed as part of a 48-element package using a four-acid digestion and determination by ICP-MS.

The Company also announces that it has granted 800,000 stock options at an exercise price of $0.16 to its directors, officers, employees and consultants. The options are exercisable for five years and will be cancelled 30 days after cessation of acting as director, officer, employee or consultant of the Company. The stock options are not transferable and will be subject to a four-month hold period from the date of grant and any applicable regulatory acceptance.

Contact:

Barry Brown

Tel: 604-488-3900

Email: Office@GGXgold.com

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