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Engineer GOLD Reports Engineer GOLD MINE Drill Results

Drill Results

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

REPORTS ENGINEER GOLD MINE

DRILL RESULTS

Vancouver, B.C., December 10, 2019. Engineer Gold Mines Ltd. (EAU: TSX -V) (“Engineer

Gold”, or the “Company”) announces the Company has concluded its 2019 surface drilling,

mine de-watering and underground sampling program at the Company’s 100% owned historic

Engineer Gold Mine Property, situated 32 km southwest of Atlin, B.C. During the 5 month

program, the Company completed 14 surface diamond drill holes testing a number of near -

surface epithermal quartz vein and shear zone gold exploration targets , and de-watered the entire

Engineer Gold Mine.

Subsequent to mine de -watering, the Company completed a cursory sampling program of 3

historic veins on Level 8, the deepest mine level. The C ompany has now received all analytical

results from the surface drill program , reported herein, and will report underground results in a

subsequent news release.

2019 Engineer Gold Mine Surface Drill Program and Results

Engineer Gold Mine exploration t argets drill tested in 2019 include: Jersey Lilly Vein (4 holes

totalling 351.4 metres), Hub A (1 -351.7 metre hole), Hub B / Shear B (2 holes totalling 502.6

metres), Boulder-Governor-Shaft Veins / Shear B (1-400 metre hole), Engineer TMI (3 holes

totaling 808.6 metres), BC Anomaly (3 abandoned holes totaling 110.5 metres) and the Engineer

Vein (1-267.3 metre hole).

Drilling progress at Engineer Gold Mine was intermittently impeded over the course of the

program due to wildfire conditions, equipment failure and difficult drilling conditions.

Jersey Lilly

Drill holes 1 through 4 (19DDH -ENG001 to 19DDH-ENG004) tested the Jersey Lilly Au - / Au-

Ag-As-Sb MMI geochemical surface anomaly coincident with historically explored veins,

trenches and limited underground development on Levels 5 and 8 of the Engineer Gold Mine. A

total of 351.4 meters were drilled and numerous shallow intervals of quartz/calcite veining were

intersected, however no significant assays were reported . A total of 80 metres of underground

development on the Jersey Lilly Vein was confirmed on Level 8 during Engineer’s 2019 mine

de-watering program. The vein could not be sampled due time limitations and water pump

complications. The Jersey Lilly Vein has been traced from surface to Level 8 ( >240 metres) and

remains an excellent exploration target at depth.

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Hub A

Drill hole 8 (19DDH -ENG008) tested widespread Au and Au -Ag-As-Sb MMI geochemical

surface anomalies and historically mapped veins of the Hub A zone, coincident with the NW -SE

trending Shear A Zone 600 metres NW of the Engineer Gold Mine. Multiple intervals of low

grade gold mineralization were intersected in brecciated zones of pervasive silicification,

characterized by disseminated pyrite and zones of vuggy, multiphase carbonate -ankerite-quartz

veins:

 147-159.5m: 0.48g/t Au over 12.5 meters, including 0.72g/t Au over 4 metres and 0.61g/t

Au over 2 metres;

 162-171m: 0.51g/t Au over 9metres, including 0.82g/t Au over 4 metres;

 210-221.5m: 0.43g/t Au over 11.5 metres, including 0.55g/t Au over 8 metres

A broad gold mineralized zone is inferred at depth at Hub A and further drilling is warranted

both along strike and at depth to determine the extent and possible source for this gold

mineralization.

Hub B / Shear B

Hub-B is a zone o f silicification with radiating quartz -carbonate veins and widespread Au and

Au-Ag-As-Sb MMI geochemical surface anomalies , centred by a historic shaft, mine dump and

shallow workings 700 metres NNE of the historic Engineer Gold Mine. Drill holes 9 and 1 0

(19DDH-ENG009 and 19DDH -ENG010) tested Hub B zone and Shear B from a single pad.

Mineralized intervals in drill hole 9 and 10 include:

Hole 9

 76.8-77.2m: 0.652g/t Au over 0.4 metres, hosted in a quartz-calcite+/-pyrite vein

 91-93.70m: 0.41g/t Au ov er 2.7 metres in a silicified zone of anastomosing, banded

quartz-calcite+/-pyrite-pyrrhotite veins

Hole 10

 76-81m: 0.99g/t Au over 5 metres from a multiphase, vuggy quartz -calcite vein with

minor disseminated pyrite and epidote;

 252-258m: 0.36g/t Au over 6 metres in a zone of pervasive silicification and quartz -

carbonate veining

Boulder-Governor-Shaft Veins / Shear B

Drill hole 11 (19DDH -ENG011) tested Au -Ag-As-Sb MMI geochemical surface anomalies and

historically mapped veins of the Boulder/Governor/Sha ft veins and the Shear B structure, 350

metres NE of the historic Engineer Mine. Two mineralized intercepts are reported below:

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 138.2-140.2m: 0.11g/t Au over 2 metres hosted in a zone of pervasively altered

silicification and quartz-carbonated veining.

 258-263m - Shear Zone B intercept: 0.35g/t Au over 5 metres consisting of massive

pyrite, pervasive silica-ankerite alteration and quartz-carbonate veining hosted in a highly

fractured, sheared argillite.

The Boulder/Governor and Shaft veins are known to have historically produced ounce plus gold

samples from surface and Level 5.* Drill hole 11 was the first documented hole to test these

structures, which remain priority exploration targets at depth.

Engineer TMI / Shear Zone A

A total of 808.6 metres w ere drilled in 3 holes (5, 13 and 14) testing for gold mineralization

associated with a 160 x 110 metre TMI (Total Magnetic Intensity) anomaly, 300 metres E of the

historic Engineer Mine. Drill hole 5 tested the northern edge of the TMI anomaly and

intersected 2 narrow low grade gold in quartz vein intervals in silicified argillite.

Drill holes 13 and 14 (19DDH -ENG013 and 19DDH -ENG014) tested Shear Zone A along the

southern zone edge of the TMI anomaly, coincident with a 170 x 50 met re Au / Au -Ag-As-Sb

MMI geochemical surface anomaly and resistive lineament at surface, 175 metres E and SE of

the historic Engineer Mine.

Drill hole 19DDH -ENG013 intersected a monzodiorite stock at 212 metre depth exhibiting

strong chlorite alteration, moderate magnetism, and 3% disseminated pyrite. The contact of the

stock includes 2 mineralized zones with pervasive silicification, brecciated quartz -carbonate

veins up to 1 metre in width, pyrite veinlets up to 2 centimetre wide, and trace arsenopyrite and

hematite. The stron gest mineralization and silicification was intersected from 137.1 to 164.0

metres, and 187.0 to 193.3 metres.

 185.0-193.3m: 0.15g/t Au over 6.6 metres in pervasively sericitized porphyry interval

with white quartz and grey quartz -carbonate-pyrite-hematite vuggy veins up to 5

centimetres wide.

Drill hole 19DDH -ENG014 was drilled from the same collar as ENG013 but the azimuth was

turned in an attempt to intersect the stock contact further to the south. The hole ended up

deviating and drilling parallel to S hear A. Some minor intervals of monzodiorite dyke were

intersected but the main stock and mineralized contact zone were missed.

Reported intervals from 19DDH-ENG014 include:

 24.1-24.7m: 2.57g/t Au over 0.6 metres hosted in a white -grey, vuggy quartz v ein,

similar to observed ‘Shear B’ textures

 185-189.6m: 0.19g/t Au over 4.6 metres between the contact between the interbedded

argillite unit and a black, aphanitic dyke.

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The TMI monzodiorite stock discovery confirms a porphyry intrusion is spatially related to gold

mineralization at the Engineer Gold Mine. Further drilling is required to more fully understand

the nature and controls of this relationship, possibly leading to new intrusive -related gold

discoveries on the Property.

BC Anomaly

Drill holes 6 and 7 (19DDH -ENG006AB and 19DDH -ENG007) tested widespread Au and Au -

Ag-As-Sb MMI geochemical surface anomalies over an area measuring 300 metres X 230

metres, 500 metres SE of the historic Engineer Gold Mine and immediately south of the newly

discovered TMI monzodiorite porphyry stock near the projected intersection of the Shear A and

Shear B structures. As such, this is a very compelling and priority gold exploration drill target.

Only minimal drill core was retrieved as both holes failed to reach the target and were abandoned

due to deep overburden and artesian water complications. A total of 32 metres of core was

recovered prior to losing drill hole 7 to artesian effects, which contained an 11.5 metre interval of

strong brecciation and silicification in argillite that averaged 0.19 g/t Au.

Engineer will commission a more robust diamond drill to test this target in 2020.

Engineer Vein

Drill hole 12 (19DDH -ENG012) was designed to test the depth continuation of the Engineer

Vein below 8 Level. The drill hole targeted the down plunge extent of a known high -grade gold

shoot, however the Engineer Vein was observed to pinch to a 5 cm wide quartz -carbonate-

arsenopyrite vein at 192 metre depth between two monzodiorite dykes. This vein assayed 0.094

g/t Au between 192.4 and 192.7 metres.

The Engineer Vein has been traced from surface to 8 Level and is known to produce low grade to

multi-ounce gold results from past drilling, panel sampling, bulk sampling and mining.* As

such, the depth potential f or Engineer remains excellent. This deeper drilling should follow a

detailed mapping and sampling program along the 193 metre Engineer Vein drift recently

revealed on Level 8.

* Engineer Gold Mine NI 43-101 Technical Report by D.O’Brien, P.Geo., M. Redfearn, P.Eng. and Dr. S. Dominy, FAusIMM(CP), FGS(CGeol)

dated May 9, 2018.

QA/AC

Reported assay results from samples retrieved during the 2019 season at Engineer Mine were

analyzed at ALS Global Laboratories (Geochemistry Division) in Whitehorse, Yukon Territory,

Canada. The analytical methods completed by ALS Geochemistry included ME -ICP61 with an

ME-OG62 over limit, and Au-AA23 with an Au-GRA21 over limit. Au-SCR21 was triggered on

any sample reporting over 3g/t Au. An industry -standard QA /QC sampling protocol was

followed, which included regular inserts of standards, blanks, and prep an d field duplicates. The

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sampling and QA /QC program was undertaken by Company personnel under the direction of

Scott Dorion, the Qualified Person onsite. A secure chain of custody is maintained in storing and

transporting of all samples.

Qualified Person

Mr. Scott Dorion , P.Geo., a ‘Qualified Person’ (Q.P.) as defined under Canadian National

Instrument NI 43-101, supervised the Engineer Gold Mine surface exploration program and

prepared and reviewed technical aspects of this news release.

About Engineer Gold Mines Ltd.

Engineer Gold is focused on the exploration and development of the 100% -owned, 14,020 ha

Engineer Gold Mine Property, centered on the Histor ic high-grade Engineer Gold Mine situated

32 km southwest of Atlin, B.C. Previous work has identified a small, Inferred high -grade gold

Mineral Resource, 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

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 involve 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, an d, 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.