EnGold Provides Corporate Update

31371715.2

EnGold Provides Corporate Update

Not for distribution to United States newswire service or for dissemination in the United States

For Immediate Release. September 5, 2019. Vancouver, BC. David H. Brett, President

& CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports that the

remaining $180,000 of the Company’s $500,000 flow-through private placement

(4,545,455 flow-through shares at $0.11 per share ) announced June 24 th, 2019 (the

“Financing”) is expected to close by October 3 rd, 201 9, subject to certain con ditions,

including but not limited to, the receipt of TSX Venture Exchange acceptance . A

$320,000 first tranche of the Financing closed July 2nd, 2019.

Exploration at EnGold’s 100% owned Lac La Hache copper, gold, silver property is

ongoing. Soil sampling of the Scorpio and Au rizon Gold West zones is now complete

with samples su bmitted for analysis and drilling of the Aurizon Gold South structure is

expected to commence September 9th.

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, Engagemen t

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.

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 n umber 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 mar kets, equity markets, costs and supply of materi als

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 t his release include statements regarding plans t o 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, r esults 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 resul t 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.