EnGold Reports Encouraging Soil Geochemistry Results at Lac La Hache: Multiple Anomalies at Scorpio & Aurizon West
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EnGold Reports Encouraging Soil Geochemistry Results at Lac La Hache:
Multiple Anomalies at Scorpio & Aurizon West
For Immediate Release. Dec 3, 2019. Vancouver, BC. David H. Brett, President & CEO,
EnGold Mines Ltd., (TSX -V: EGM, “EnGold” or the “Com pany”) reports that new soil
geochemical surveys at the Scorpio porphyry target and the Aurizon West gold target
on the Company’s 100% owned Lac La Hache Property have revealed multiple
significant anomalies that warrant further exploration.
Aurizon Gold Deposit Area
At Aurizon West, 441 samples collected on a 25 x 25 metre grid measuring 1,000
metres north-south by 300 metres east -west, indicate a series of gold -only and gold +
silver + copper soil anomalies along the entire survey. Gold values range fr om 4 to
1,400 parts per billion (ppb). More than 75% of the sites exceed the local background
value of 10 ppb Au and 17 sites exceed standard deviation of 76 ppb.
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Historical soil geochemical surveys using widely-spaced (250 metre) line spacing, show
strong gold patterns directly over the Aurizon Central and South Zones along the
Northeast/Southwest 020 trend of the Aurizon hydrothermal breccia gold -copper-silver
Deposit. The same surveys show a parallel but poorly defined gold trend located 700
metres northwest of Aurizon South, in an unexplored area. The success of recent,
detailed soil geochemical surveys over the footwall of Aurizon South , leading to
discovery of near -surface visible gold bearing quartz veins, prompted similar surveying
over the west ern historical gold anomaly (“Aurizon West”) to provide improved
resolution of potential gold targets.
“The new Aurizon West soil results are exciting, providing more than a dozen
prospecting targets, many with multi -site anomalies larger than those ob tained at
Aurizon South ” says EnGold’s VP Exploration, Rob Shives. “The location of the new
targets fits well within our geological exploration model and w e look forward to positive
results as soon as weather conditions permit follow-up next spring”.
Additional images of the new soil results can be found here.
Scorpio Prospect
Regional Ah-horizon soil sampling in 2012 over the entire Project (~ 1200 sites on 500
metre centres) showed a large molybdenum + tungsten (Mo + W ) anomaly in the
northern part of the Project. This summer, d etailed B-soil horizon sampling (every 50
m along 100 m lines) over an area measuring 2500 m east -west by 1000 m north-south
has greatly improved resolution of the Mo anomaly, defining two broad areas of interest.
Copper and tungsten are associated with the Mo in all three areas . The eastern Mo-W-
Cu anomaly exceeds 800 m east -west by 500 m north -south and has associated gold
and silver. See Scorpio soil geochemical maps (Mo, Cu, W, Au, Ag) here.
Initial hand-prospecting at Scorpio has discovered mineralized outcrops of porphyritic
intrusive rocks with potassically altered stock -work fracturing containing mo lybdenum,
bornite, chalcopyrite, pyrite, and tungsten -bearing minerals (see June 10/19 New s
here) Machine-prospecting next summer is expected to uncover additional polymetallic
showings.
One bedrock sampl e from the eastern end of the survey containing abundant fracture -
controlled Mo along an altered fracture surface, has been dated at 203.9 (+/- 0.9) million
years using the Rhenium -Osmium (Re -Os) method. This indicates the age of the Mo
mineralization coincides with the age of our Peach Intrusions, rather than the younger
(~198 million year) age of the large Takomkane batholith to the east.
“We’re more excited than ever about the discovery potential of the Lac La Hache
Property,” said EnGold CEO David Br ett. “In addition to defined resources, multiple
drilled prospects, and existing high caliber drill targets, brand new potential is still being
revealed.”
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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 interdepend ent pillars: Environment, Engagement
and Gold. Through sound environmental stewardship, com mitment 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.
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 nu mber of known and
unknown risks, uncertainties and ot her factors that may cause actual results to differ materially from those anticipated in our forward looking
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