Engineer GOLD Provides Underground Exploration Results (Including 547 G/T GOLD) FOR Engineer GOLD MINE
ENGINEER GOLD MINES LTD.
Suite 804 - 750 West Pender Street
Vancouver, B.C. V6C 2T7
Telephone: 604.682.2928
Fax: 604.685.6905
www.engineergoldmines.com
ENGINEER GOLD
PROVIDES UNDERGROUND EXPLORATION RESULTS
(INCLUDING 547 G/T GOLD)
FOR ENGINEER GOLD MINE
Vancouver, B.C., December 12, 2019. Engineer Gold Mines Ltd. (EAU: TSX-V) (“Engineer
Gold”, or the “Company”) announces the Company has received all underground sampling
analytical results for the recently completed mine de- watering and Level 8 sampling program at
the Company’s 100% owned historic Engineer Gold Mine Property, situated 32 km southwest of
Atlin, B.C.
Mine Dewatering and 8 Level Underground Sampling Results
On October 23rd, 2019 Engineer reported the Company had successfully de -watered the entire
Engineer Gold Mine and initiated an underground geological mapping and panel sampling
program on the lowermost 8 Level , which consists of a 1,067 metre network of historic drifts,
stopes and crosscuts. This major milestone marked the first time the entire mine has been
dewatered since commercial production ceased in 1927.
Unfortunately, due to a catastrophic pump failure, Engineer sampli ng crews only had 11 days to
establish provisional air and water services and conduct a preliminary muck and composite chip
sampling program on segments of the Double Decker, Engineer and Shear A Zone on 8 Level.
A total of 6 muck samples and 24 composite chip samples were collected during a 4 day
sampling program. Assay results are presented in the table below.
Engineer Gold Mine
8 Level Assay Results
Sample
Number
Au
(g/tonne)
Au
(oz/t)
Ag
(g/tonne)
As
(ppm) Location Sample Type
151701 0.932 2.4 5090
Double Decker
Stope Muck
151702 547 15.95 419 2640
151703 9.67 0.28 23.1 3240
151704 0.944 2.5 2270
151705 0.265 0.6 1295
151706 0.684 0.6 >10000
151707 0.345 1.1 423
Engineer Vein
Drift Composite Chip
151708 0.236 1.1 970
151709 0.358 0.7 957
151711 0.053 17.8 86
151712 0.467 8.1 2840
151713 0.705 0.7 2360
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Sample
Number
Au
(g/tonne)
Au
(oz/t)
Ag
(g/tonne)
As
(ppm) Location Sample Type
151714 0.022 <0.5 86
151715 0.011 <0.5 55
151716 0.143 1.9 208
151717 0.444 1.3 3920
Shear A
Drift Composite Chip
151718 0.482 8.4 611
151719 0.287 2.2 2540
151721 0.127 <0.5 789
151722 0.417 7.5 546
151723 0.12 0.9 648
151724 0.189 4.9 489
151725 0.534 6.4 1200
151726 0.736 2.2 920
151727 0.068 1 597
151728 0.018 <0.5 251
151729 0.155 0.7 1585
151731 0.212 <0.5 800
151732 1.13 1.4 1410
151733 0.186 3 796
Double Decker Vein
Work crews were able to access the production stope at the south end of the Double Decker vein.
The stope is estimated at 40 metres in length and up to 10 metres high. Historic miners removed
most of the broken ore from the shrinkage stope but the vein can be seen in back of the stope
where it is estimated to be 50 cm wide.
Five samples were collected from the muck piles remaining on the stope floor. A sixth sample
was collected from inside one of the draw chutes. All six samples were mineralized with two of
the samples returning high- grade gold. Samples 151702 and 151702 returned 547 g/t Au and
9.67 g/t Au, respectively. The samples were also enriched in silver a nd arsenic which is
typically associated with gold mineralization at the Engineer Gold Mine.
Engineer Vein
The Engineer Vein was identified on 8 Level as a vuggy quartz/calcite vein ranging from 40 to
70 cm width over a drift length of 193 metres . The width and vein textures are similar to that
observed in the 5 Level Bonanza Zone. Due to time constraints, only 9 composite chip samples
were collected along a 35 metre strike length.
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All 9 samples were mineralized but returned low -grade gold values rang ing from 11 to 705 ppb
Au. Samples were also elevated in silver and arsenic which is encouraging. Previous work on
the 5 Level Bonanza Zone has shown that small chip samples typically underestimate the actual
gold grade of the vein due to it high nugget nature.
Jersey Lilly Vein
The Jersey Lilly Vein has been identified on 8 Level within a 77 metre long drift. Preliminary
inspection indicates the vein varies from 0.10 metres to 0.60 metres in width. Unfortunately due
to time constraints the vein was not sampled this season.
Shear A Zone
Historic drifting of the Shear A Zone is measured to be approximately 255 metres. A total of 1 5
composite chip samples were collected along a 100 -metre length of the drift. Mineralization is
open in both directions but work crews only had access to the drift for one day of sampling.
All 15 samples exhibited low grade gold mineralization ranging from 18 ppb to 1.13 g/t Au. The
average grade was 340 ppb Au. The stope backs were heavily coated in mud so all the sa mples
collected were completely random. It is encouraging that all of the blind sampling returned
elevated gold mineralization with strong silicification and sulphide mineralization.
Exploration Implications
While it is most unfortunate that Engineer work crews had insufficient time to conduct a more
thorough underground sampling program on Level 8, results substantiate historic high-grade gold
occurring on the Double Decker Vein (547 g/t Au) and continuous lower grade gold occurring
within and along the Shear A structure. Sampling results are considered preliminary in nature,
and a more concerted program including washing drift walls, geological mapping and detailed
sampling along all mineralized vein drifts in their entirety is warranted and proposed for Spring,
2020.
Quality Control
Samples were submitted to ALS Minerals in Whitehorse, Yukon for sample preparation using
code PREP-31. A 30 gram pulp was cut and shipped to the ALS Minerals assay lab in North
Vancouver, BC where it was analyzed fo r gold using method Au- AA23. A 0.25 gram pulp was
analyzed for a multi-element suite using method code ME-ICP61. Over limits were analyzed by
Au-GRA21 and ME-OG62, respectively.
Qualified Person
Mr. Darren O’Brien , P.Geo., a ‘Qualified Person’ (Q.P.) as defined under Canadian National
Instrument NI 43-101, supervised the Engineer Gold Mine underground exploration program,
and prepared and reviewed technical aspects of this news release.
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About Engineer Gold Mines Ltd.
Engineer Gold is focused on the e xploration and development of the 100% -owned, 14,020 ha
Engineer Gold Mine Property, centered on the Historic high- grade Engineer Gold Mine situated
32 km southwest of Atlin, B.C. Previous work has identified a small, Inferred high- grade gold
Mineral Resou rce, numerous high- grade vein and shear -hosted bulk- tonnage gold exploration
targets and a modest , high-grade gold production opportunity. Engineer Gold is fully permitted
for surface and underground exploration drilling, small -scale test mining and on -site milling at
the Engineer Gold Mine Property.
For additional information please visit the company website at www.engineergoldmines.com.
On behalf of the Board of Directors, For further information, please contact:
Mr. Brian P. Fowler, P.Geo. Nelson Da Silva
President and Director Manager Corporate Communications
[email protected] [email protected]
604.722.0041
Corporate office
Telephone: 604.682.2928
Cautionary Note Regarding Forward-Looking Statements
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain forward looking statements which i nvolve known and unknown risks,
delays, and uncertainties not under the control of Engineer Gold Mines Ltd. which may cause actual
results, performance or achievements of Engineer Gold Mines Ltd. to be materially different from the
results, performance or expectation implied by these forward looking statements. By their nature, forward
looking statements involve risk and uncertainties because they relate to events and depend on factors that
will or may occur in the future. Actual results may vary depending upon exploration activities, industry
production, commodity demand and pricing, currency exchange rates, and, but not limited to, general
economic factors. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.