EnGold Drills 21.70 Metres Grading 1.22% Copper, 0.17 Grams Per Tonne Gold, & 5.96 gpt Silver & 12.2 m Grading 1.82% Copper, 0.41 gpt Gold, 9.96 gpt Silver at Lac La Hache Property
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EnGold Drills 21.70 Metres Grading 1.22% Copper, 0.17 Grams Per Tonne Gold, &
5.96 gpt Silver & 12.2 m Grading 1.82% Copper, 0.41 gpt Gold, 9.96 gpt Silver at
Lac La Hache Property
For Immediate Release. April 10, 2017. Vancouver, BC. David H. Brett, President & CEO,
EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports that drill holes G17-03 &
G17-04 returned assay values of 21.70 metres grading 1.22% copper, 0.17 grams per tonne
gold, 5.96 gpt Silver and 12.2m grading 1.82% copper, 0.41 gpt gold, 9.96 gpt silver
respectively at the Company’s 100% owned Lac La Hache Property in the Cariboo region of
British Columbia (the “Property”). Hole G17-03 was collared 50m east of discovery hole G16-01
& G17-04 was collared 50 m west of hole G16-01. The mineralized intercepts occur at the same
stratigraphic levels at 337.3 and 336 m downhole. The holes are vertical and intercepts are
believed to be true width. Please see table below for detailed results. Assay results from hole
G17-02, collared 71 m north of hole G16-01, are still pending.
“These results demonstrate consistency of structure and grade in the areas drilled so far,” said
EnGold VP of Exploration Rob Shives, P.Geo. “We’re looking forward to testing the new and
refined gravity anomalies in the coming weeks.”
Drilling at the Property is expected to recommence with two drills in approximately 10 days. One
of the drills will be deployed to test the previously reported new, highly intense gravity anomaly
to the northwest of the discovery hole. The other drill will step out to the south of the discovery
hole, where new gravity data indicates increasing potential for mineralization. Gravity crews
continue to collect new survey data that will be added to the Company’s analysis and
assessment of the discovery area.
EnGold continues to update its maps and graphics which are being posted to the company’s
website as they become available.
“It’s going to be a busy spring and summer at the Lac La Hache property,” said EnGold
President & CEO David Brett. “Our growing technical team is doing a great job managing the
expanded program.”
Table 1: Partial assays for DDHs G17-03 and G17-04 (Main Zone in both holes)
DDH From (m) To (m) Interval (m) Cu (%) Au (g/t) Ag (g/t) Fe (%)
G17-03 337.30 359.00 21.70 1.22 0.17 5.96 30.06
including 343.00 349.00 6.00 1.76 0.16 8.00 34.23
G17-04 336.00 348.20 12.20 1.82 0.41 9.96 32.49
including 336.00 342.00 6.00 2.18 0.46 12.13 34.87
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About EnGold
EnGold 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 exceptional shareholder and stakeholder value by discovering and
developing mineral resources.
About the Lac La Hache Property
The property lies within BC’s Quesnel Trough mineral belt, which hosts several past and
currently producing copper/gold/silver mines, including nearby Imperial Metals’ Mount Polley
copper-gold mine and New Gold Inc.’s New Afton copper-gold mine. The Company has drilled
numerous prospects on the property, including Spout copper-magnetite-gold-silver deposit (for
which a resource calculation has been reported and supported by an NI43-101 Technical
Report), the gold-rich Aurizon gold-copper-silver prospect and recent new discoveries with
porphyry and skarn copper/gold potential. Supported by significant local infrastructure including
powerlines, all season road access, rail and other amenities, the Lac La Hache project
demonstrates excellent logistics.
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
For further info contact David Brett, 604-682-2421 or [email protected]
This news release may contain "forward‐looking statements". Readers are cautioned that any such statements are
not guarantees of future performance and that actual development or results may vary materially from those in these
"forward looking statements.”
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.