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EAU.V ·

Mining Contractor Site Visit for Planned Bulk Sample

Exploration Programs Metallurgy & Processing

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

Mining Contractor Site Visit for Planned Bulk Sample

October 20, 2020

Vancouver, BC – Engineer Gold Mines Ltd. (the “Company”) (TSXV: EAU) announces the

completion of a site visit by an independent mining contractor that was engaged to review the

existing infrastructure at the historic Engineer Gold mine and to provide recommendations

regarding ore excavation and extraction of a planned bulk sample from the historic workings of

the high-grade Engineer Mine, which produced 18,000 oz gold at an average grade of 39 grams

per tonne.

The focus of the site visit was to provide:

• General plan and scope for the potential future extraction of mineralized rock via the

existing mine workings

• Feasibility for establishing a new muck handling system f rom the existing internal shaft

working and muck haul via 5 Level rail haulage equipment

• High level breakdowns (by levels and areas) requiring work to establish the

infrastructure necessary to enable the safe and cost-effective mineral extraction from the

existing 6 Level and lower levels to be developed in the future.

Upon receiving all necessary approvals, t he anticipated bulk sample will be extracted based on

the following assumptions:

• The proposed mining method will be shrink-stope mining with ore chutes

• Hand-held drills will be utilized to ensure the optimal stoping width and minimal dilution

focusing strictly on the ore vein with a minimum width of approximately 1 meter

• Estimated ore haulage to be 30 to 40 tons daily delivered to truck dump at portal

Company President Andrew H. Rees commented “Engineer’s board of directors and

management team are encouraged with the results of this independent site visit and review, that

had the objective of evaluating the current infrastructure at the Engineer Mine and technical

aspects with respect to initiating anticipated bulk sample operations. The Company is working

towards acquiring all necessary regulatory approvals to allow for a bulk sample to commence in

2021.”

About Engineer Gold Mines Ltd.

Engineer Go ld Mines is focused on reestablishing gold production at the Company’s 100% -

owned, historic high -grade Engineer Gold Mine, 32km southwest of Atlin, BC. The Company’s

25 km long (18,319 hectare) property is located within the Atlin gold camp which is known as

the second largest gold producing area in British Columbia (Ash, 2001). Exploration and

development work has identified numerous high-grade vein and shear-hosted bulk-tonnage gold

2

targets including Wann River to the southwest, and TAG and Happy Sullivan to the northeast of

the Engineer Gold Mine.

Jean Pautler, P. Geo., is the Company’s Qualified Person under NI 43 -101 with respect to all

technical disclosure relating to the Property.

For additional information please visit the company website at www.engineergoldmines.com

On Behalf of the Board of Directors

Contact Information

Engineer Gold Mines Ltd. Corporate Inquiries:

"Andrew H. Rees" Andrew H. Rees: 604-505-3739

Mr. Andrew H. Rees Email: [email protected]

President

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 uncer tainties 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 limit ed 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.