EnGold Drilling Extends G1 Copper Zone, Intercepts 25 Metres & 40 Metres of Mineralization, Assays Pending

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EnGold Drilling Extends G1 Copper Zone, Intercepts 25

Metres & 40 Metres of Mineralization, Assays Pending

For Immediate Release. September 9, 2020. Vancouver, BC. David H. Brett, President & CEO, EnGold

Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports two drill holes located 20 m on trend

from the thickest known part of the G1 Copper Zone (discovered in 2017) have encountered significant

widths of mineralization similar in style to hole G17-16, which cut 43.45 m (true thickness) grading

1.31% Cu, 0.20 gpt Au, 4.06 gpt Ag & 31.14% Fe, including 24 m grading 1.67% Cu, 0.29 gpt Au, 5.09

gpt Ag & 34.55% Fe.

Vertical hole G20-46, located 20 m northeast of G17-16, intersected more than 15 metres of the

coarse, clast-rich semi-massive magnetite-chalcopyrite typical of the G1 Zone, plus less massive

disseminated chalcopyrite within fine grained volcaniclastic sediments for another 10 metres below.

The top 15-20 metres of the higher grade, semi-massive interval appears to be cut-out by an intrusive

dike, as noted in previously drilled holes within the G1 Zone. The mineralization is interpreted to

continue beyond the dike. Marker horizons which underlie the zone continued as projected from

previous drilling, indicating no vertical offset between hole G17-16 and G20-46.

The second vertical hole, G20-47, located 20 metres southeast of G17-16, cut three well mineralized

semi-massive magnetite-chalcopyrite intervals separated by less mineralized sections. Collectively, the

coarse, semi-massive intervals total 21 metres, within a mineralized interval spanning more than 40

metres true thickness. Again, no vertical offset occurs in marker horizons.

Assays are pending for both holes. Results successfully extend the G1 Zone in both directions drilled.

Additional 20m step-out drilling will be completed to continue extension of the thickest mineralization at

G1, and in support of the previously announced, maiden resource estimation work underway by SRK.

The additional geological information provided will also aid interpretation of extensions offsets to the G1

Zone, and possible new Zones within identical geological settings.

The G1 Copper Zone is located 1.8 KM south of the Spout Copper Deposit, which is part of a 10 KM

prospective trend at the core of the Company’s 100% owned Lac La Hache property in the Cariboo

region of British Columbia. All results reported are believed to be approximately true width. Further

drilling at G1 is planned.

“With the G1 resource estimate underway, we wanted to test the east end of the zone for expansion

potential and its looking good so far,” said EnGold President & CEO David Brett. “In 2017, our more

aggressive 50 m and 73 metre step outs left us uncertain as to the G1 Zone’s dimensions in that

direction. The new intercepts with good thicknesses to the east are very encouraging.”

The company also completed the Ann North deep drill hole to its target depth of 804 m. As previously

reported (see April 22 news) the entire upper portion of the hole intersected intense potassic alteration

within the intrusion, with anomalous copper, gold, silver and molybdenum values. Although the hole did

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not return significant core intervals with economic grades, the geological information obtained supports

the alkalic porphyry potential at Ann North. The lower 200 m of the hole appeared less

mineralized/altered, suggesting the hole skirted under and south of the north-dipping zone defined by

historical drilling. The Company believes further deep drilling is warranted here.

Surface prospecting of gold occurrences near Aurizon is ongoing. The drill program is on temporary

hiatus for a crew break, resuming September 14th, 2020.

About EnGold

EnGold (www.engold.ca) is focused on exploring its 100% owned mineral property located

near the town of Lac La Hache in BC’s prolific Cariboo mining region. EnGold’s corporate

philosophy rests on three interdependent pillars: Environment, Engagement and Gold.

Through sound environmental stewardship, commitment to transparent engagement with

local communities, the Company is dedicated to driving shareholder and stakeholder value

by discovering and developing mineral resources.

Rob Shives P.Geo., VP Exploration and a Qualified Person as defined under National

Instrument 43-101, has reviewed and approved the technical content of this release.

Engold Mines Ltd.

Per/

David Brett, MBA

President & CEO

Contact: David Brett, 604-682-2421 or [email protected]

Forward Looking Statements: The information in this news release contains forward looking statements that are subject

to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ

materially from those anticipated in our forward looking statements. Factors that could cause such differences include:

changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry,

change in government and changes to regulations affecting the mining industry and failure to obtain regulatory approval

in a timely manner. Forward-looking statements in this release include statements regarding plans to raise financing for

operations, future exploration programs and operation plans and anticipated timing for completion of the next tranche

of the financing. Although we believe the expectations reflected in our forward looking statements are reasonable,

results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. EnGold

disclaims any obligations to update or revise any forward looking statements whether as a result of new information,

future events or otherwise, except as may be required by applicable law.

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.