EnGold Drills 6.18 gpt Gold, 0.80% Copper, 2.63 gpt Silver Over 4.55 Metres at Aurizon Gold Zone, Lac La Hache
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EnGold Drills 6.18 gpt Gold, 0.80% Copper, 2.63 gpt Silver Over 4.55
Metres at Aurizon Gold Zone, Lac La Hache
For Immediate Release. October 23, 2019. Vancouver, BC. David H. Brett, President &
CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports that drill
hole AZS19-80 intersected 6.18 gpt gold, 0.8 % copper and 2.63 gpt silver over 4.55
metres, including 13.9 gpt gold, 1.55 % copper and 4.8 gpt silver over 0.72 metres,
within the Aurizon South gold structure located on the Comp any’s 100% owned Lac La
Hache Property in the Cariboo region of BC. Full results of the two -hole program are
tabulated below. Results of EnGold’s 1,500 sample soil survey are still pending.
Intercepts are core lengths and not true widths as the true width at the point of
intersection has not yet been determined.
“We are encouraged by th e continued high grade gold results we are seeing at Aurizon
as we step out, over good widths,” said EnGold CEO David Brett. “We believe there’s
strong potential to increase the grade and tonnage of the Aurizon South Gold maiden
resource with further drilling, as the current density of drilling is modest, and the
structure is open at depth and on strike to the south.”
September 2019 Aurizon Deposit Drilling Location, Orientation, Assay Summary
DDH E N Elev. Dip Azimuth EOH Au Cu Ag Interval From To
NAD 83 Zone 10 m m deg deg m g/t % g/t m m m
AZS19-80 618090 5757790 1385.0 62 290 411.18 6.18 0.80 2.63 4.55 322.00 326.55
including 8.32 0.97 3.23 3.05 323.5 326.55
including 13.90 1.55 4.80 0.72 324.65 325.37
AZS19-81 618090 5757790 1385.0 62 278 402.03 1.45 0.31 1.60 1.00 329.75 330.75
0.73 0.77 3.70 0.40 358.00 358.40
“Adding new high grade intercepts to Aurizon Gold is part of EnGold’s larger exploration
strategy at Lac La Hache, to build underground-minable tonnes of copper/gold.” said
EnGold VP Exploration Rob Shives, P.Geo. “The high grade copper-magnetite skarn,
carbonate replacement and gold-rich hydrothermal breccia deposits at Lac La Hache
occur at shallow to intermediate depths within larger, alkalic and calcalkalic porphyry
systems. In the northern part of the project, newly defined low-grade, bulk tonnage Mo-
Cu porphyry potential at Scorpio is completely untested. In the southern part, combined
IP chargeability, gravity and magnetic patterns present compelling deeper targets that
we look forward to exploring.”
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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, commi tment 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.
Quality Control/Quality Assurance Program
EnGold Mines Ltd follows procedures which ensure sample security, chain of custody and Quality
Assurance/Quality Control for all drilling and geochemical sampling, conforming to industry practices
defined by Canadian Institute for Mining, Metallurgy (CIMM) standards, and required for TSX-listed
companies by National Instrument 43-101.
All core was logged and photographed. Sampled intervals were sawed in half, bagged, sealed and
sent securely to ALS Canada Ltd for analyses. Half-gram samples were digested with aqua regia
acid then analyzed by inductively coupled plasma-atomic emission spectrometry (ICP-AES) for 35
elements (ME-ICP41). A 30 gram split is analyzed for gold by fire assay with a gravimetric finish
(ME-GRA21). Copper values exceeding 1 percent were analyzed using aqua regia digestion with an
ICP-AES finish (ME-OG46) to improve accuracy and precision at higher grades. As part of our
comprehensive QA/QC program, one standard, one blank and one in-line replicate were inserted
into the sample stream in each group of approximately 20 samples in each analytical batch.
Engold Mines Ltd.
Per/
David Brett, MBA
President & CEO
Contact: David Brett, 604-682-2421 or [email protected]
Forward Lookin g Statements: The information in this news release contains forward looking statements that are subject to a number of known and
unknown risks, uncertai nties 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 p lans 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 reasona ble, 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 informatio n, future
events or otherwise, except as may be required by applicable law.
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