EnGold Completes 1st Ann North Porphyry Copper Hole to 916.5 Metres at Lac La Hache, Assays Pending Next Ann North Hole Underway 2nd Drill Targets Porphyry Prospect South of G1 Copper Deposit
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EnGold Completes 1st Ann North Porphyry Copper Hole to 916.5
Metres at Lac La Hache, Assays Pending
Next Ann North Hole Underway
2nd Drill Targets Porphyry Prospect South of G1 Copper Deposit
For Immediate Release . October 1 5, 20 21. Vancouver, BC. Da vid H. Brett,
President & CEO, EnGold Mines Ltd., (TSX -V: EGM, “En Gold” or the
“Company”) reports that it has completed a 916.5 metre drill hole targeting the
Ann North Alkalic Porphyry Copper Gold prospect . Hole AN21-02, angled at -70
degrees to the south , encountered visible chalcopyrite and bornite along
fractures within strong potassic alteration to 400m downhole , followed by weaker
sections, then intensifying deeper in the hole, including increasing magnetite to a
depth 850m. Assays from the entire hol e are pending. A vertical hole from the
same setup is now underway to test the structure to the north.
A second dril l mobilized to Lac La Hache is following up on DDH G1 18-42 that
intersected a 58 m thick hybrid porphyry-copper style/semi-massive magnet ite
replacement style typical of G1 Deposit, grading 0. 55% CuEq. Hole G1 21 -52 is
a 100m step out aimed at finding t he porphyry source of the G1 mineralization
and testing the large-scale Peach IP anomaly at depth.
“The Ann North drilling to date confirms we are in a classic Alkalic Po rphyry
copper gold environment,” said EnGold VP of Exploration Rob Shive s, P.Geo.
“The significant quartz veining accompanying the alteration and the presence of
bornite with the chalcopyrite is encouraging, as is the increasing magnetite at
depth.”
“We’ve assembled an excellent exploration team who are executing well on our
aggressive Lac La Hache deep drilling exploration strategy ,” said EnGold
President and CEO David Brett. “ We expect to be drilling throughout the fall and
winter.”
Assays are also pending for the Road Gold Zone drilling and results will be
announced as soon as they are available.
Rob Shives P.Geo., VP Exploration and a Qualified Person as defined under
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National Instrument 43-101, has reviewed and approved the technical content of
this release.
About EnGold
EnGold is a Vancouver -based copper , gold, silver, magnetite exploration
company focused solely on its 100% owned Lac La Hache property in the
Cariboo region of BC which hosts the Spout Copper Deposit, the Au rizon Gold
Deposit and the G1 Copper Deposit and other targets within a large porphyry
mineralizing system. With world class infrastructure at its doorstep, Lac La Hache
is a great location to be exploring.
EnGold Mines Ltd.
David Brett
President & CEO
For further info contact David Brett, 604-682-2421 or [email protected]
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