EnGold Intersects 3.3% Copper Over 8.8m at Depth Within Spout North Zone
EnGold Intersects 3.3% Copper Over 8.8m at Depth
Within Spout North Zone
For Immediate Release. July 12, 2018. Vancouver, BC. David H. Brett, President & CEO, EnGold Mines
Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports assay results from the first three of six drill holes
designed to test copper-magnetite mineralization at depth within the Spout Copper Deposit. DDH SL18-
181 encountered an 8.8m intersection grading 3.26 % copper, 0.83 gpt gold, 16.9 gpt silver and 26.7 %
Fe. Drilling at Spout North continues.
As announced July 4, t hree holes (SL18 -179, SL -180, SL -181) tested the vertical Spout North Zone,
targeting down -dip extensions of known mineralization, to depths below 400m from surface, each
encountering the structure as anticipated. Previous drilling at Spout North was completed to shallow
depths of generally less than 100m . These three new holes span 250m of the currently defined 550m
strike length. Assays are tabulated below. A new drill plan map showing hole locations is available here
(https://www.engold.ca/projects/maps-images/)
The mineralization is typical of the North Zone, with chalcopyrite (with gold and silver) occurring as coarse
replacement blebs associated with semi -massive magnetite, and as late chalcopyrite veins. Assays are
highlighted in DDH SL18 -181 by an 8.8m inters ection grading 3.26 % copper, 0.83 gpt gold, 16.9 gpt
silver and 26.7 % Fe, including a 1.6m core interval grading 4.4 % Cu, 0.71 gpt Au, 20.9 gpt Ag and 40.4
% Fe. Reported intercepts are core lengths and not true width, as the true width of the structure has not
yet been determined at the depths drilled.
DDH NAD 83 Zone 10 Elev. Collar
Dip
Collar
Az. EOH Drill Core Depth (m) Copper Gold Silver Iron
Northing
(m)
Easting
(m) (mASL) (deg.) (UTM) (m) From To Interval Cu (%) Au
(g/t)
Ag
(g/t) Fe (%)
SL18-179
5761150 611655 1130 -75 040 557.5 336.00 341.15 5.15 1.07 0.24 4.17 24.03
incl. 339.10 341.15 2.05 1.92 0.46 7.10 37.10
SL18-180
5761053 611805 1143 -75 040 533.1 64.30 65.60 1.30 0.72 0.09 2.90 18.70
460.43 463.83 3.40 1.81 0.47 8.92 18.03
SL18-181
5761160 611563 1143 -72 040 454.5 419.80 428.60 8.80 3.26 0.83 16.9 26.7
incl. 427.00 428.60 1.60 4.39 0.71 20.9 40.4
“We are pleased that the down -dip continuity within Spout North is as we’d anticipated, with vertical step -
outs up to 300m below previous drilling” said EnGold VP of Exploration , Rob Shives, P.Geo. “ These are
some large step-outs and could significantly increase tonnages.”
As previously announced, a second phase drilling program will target the highly prospective 1800m ‘Gap
area’ lying between the exciting G1 discovery of 2017 and the Spout deposit.
“The high grades we are seeing at depth at Spout North support a new resource estimate based on a
high-grade, underground model,” said CEO David Brett. “We are looking forward to an exciting summer of
exploration at Lac La Hache.”
About EnGold
EnGold is a Vancouver-based copper/gold exploration company focused solely on its 100% owned Lac
La Hache property in the Cariboo region of BC. EnGold’s vision is to identify and delineate mi neral
resources at Lac La Hache that could potentially support an economically feasible and environmentally
sustainable underground mining operation. The Spout Deposit, the Aurizon Gold Zone and the 2017 G1
Discovery, located within a 7-kilometer area on the property, are all considered by EnGold to be
potentially underground minable targets. EnGold’s significant new copper discovery in 2017 adds to the
already extensively drilled Spout Copper Deposit and Aurizon Gold zones. Discovery potential for new
high-grade zones remains strong, and existing areas are open for expansion. With world class
infrastructure at its doorstep, Lac La Hache is a great location to be exploring. 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 fulfilling its vision to
profitably supply valuable and much needed metals to the global marketplace.
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.
David Brett, President & CEO
For further info contact David Brett, 604-682-2421 or [email protected]
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