EnGold Drills 39.25 Metres of Mineralization at Lac La Hache
EnGold Drills 39.25 Metres of Mineralization at Lac La Hache
VANCOUVER, Dec. 6, 2017 /CNW/ - David H. Brett, Pre sident & CEO, EnGold Mines Ltd., (TSX-V: EGM,
"EnGold" or the "Company") reports that EnGold drill hole G17-37 has intercepted 39.25 metres
containing semi-massive mineralized sections (assays pending) similar in appearance to hole G17-16 at
the Company's 100% owned Lac La Hache Property in t he Cariboo region of BC. Hole G17-37 was
located to test a 71m gap along the northeast/southwest trend between holes G17-13 and G17-16 which
intersected, respectively, 18.25 m grading 1.22 % Cu, 0.14 gpt Au, 5.27 gpt Ag, 26.7 % Fe and 43.5 m
grading 1.31 % Cu, 0.2 gpt Au, 4.06 gpt Ag, 31.14 % Fe. Vertical hole G17-38 now in progress has been
collared midway between discovery hole G16-01 and G 17-13 to test a similar 71m gap along the trend.
Hole 16-01 intersected 26.6 m grading 1.76 % Cu, 0. 27 gpt Au, 10.29 gpt Ag, 35.8 % Fe. All intercepts
reported are believed to be true width.
"Continuity of the well mineralized zone has now been demonstrated between G17-16 and G17-13," said
EnGold VP of Exploration Rob Shives, P.Geo. "Given the structural variability of replacement-style
mineralization, we believe additional closer spaced drilling, both step-out and infill, will be prudent in
future exploration phases."
Drilling to the north of the G1 Discovery to test for possible off-set of the zone confirmed the presence of
a significant fault in the upper portion of the hole (G17-36). Drilling problems related to the faulti ng caused
a significant delay in completion of the hole, which intersected the anticipated host stratigraphy but with
no significant mineralization. Additional testing for the offset of the mineralized zone as interpreted from
ground gravity anomalies ( see image on website ) will be considered in the next phase of drilling in 2018.
EnGold had anticipated reporting a resource calculation for the Aurizon South gold zone by the end of
November, but work on the calculation by the Compan y's independent consultant is still ongoing, with an
announcement now expected by the end of December 20 17.
"EnGold's persistence at Lac La Hache resulted in a very exciting discovery in 2017," said EnGold
President & CEO David Brett. "And given our deep geological knowledge of the property and its strong
potential, EnGold is optimistic about our prospects for future exploration success."
About EnGold
EnGold ( www.engold.ca ) is focused on exploring its 100% owned mineral pr operty located near the town
of Lac La Hache in BC's prolific Cariboo mining reg ion. EnGold's corporate philosophy rests on three
interdependent pillars: Environment, Engagement and Gold. Through sound environmental stewardship,
commitment to transparent engagement with local com munities, the Company is dedicated to driving
exceptional shareholder and stakeholder value by discovering and developing mineral resources.
Rob Shives P.Geo., VP Exploration and a Qualified P erson 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
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.
SOURCE Engold Mines Ltd.
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%SEDAR: 00007665E
For further information: David Brett, 604-682-2421 or [email protected]
CO: Engold Mines Ltd.
CNW 09:30e 06-DEC-17