EnGold Reports Preliminary Lac La Hache Drill Results
14579462.1
EnGold Reports Preliminary Lac La Hache Drill Results
For Immediate Release. June 19, 2017. Vancouver, BC. David H. Brett, President &
CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports that four
additional drill holes have been completed in its step-out program near the copper-gold-
silver mineralization discovered earlier in 2017 at the Company’s 100% owned Lac La
Hache property in the Cariboo region of British Columbia. Hole G17-16, located 142
metres (m) northeast of discovery hole G16-01, intersected a 43 m intensely
mineralized skarn-type zone. Hole G17-17, located 50 m west of G17-16 intersected
three separate mineralized zones along a 22 m core interval. Hole G17-14 (50 m south
of G17-16) intersected narrower intervals located at the upper and lower contacts of the
subhorizontal host lithology. Hole G17-15 (50 m north of G17-11) intersected an
intrusive unit which appears to cut-out the host lithology where drilled. Assays have
been rushed and results are expected within 10 days. Holes G17-18 and G17-19,
located 50 m east and north of hole G17-16, respectively, are currently underway. Drill
results reported occur in holes drilled vertically (90 degree dip) or near-vertically (81.5
degree dip to achieve a 50 m step-out intersection) through sub-horizontal
mineralization. EnGold believes the widths reported are essentially true widths. An
updated plan map showing the drill hole locations is being added to the Company’s
website www.engold.ca
“Although EnGold previously advised that it would refrain from announcing drill hole
information without assay, management believes the materiality of hole 17-16 was
sufficient to warrant immediate visual disclosure,” said EnGold President & CEO David
Brett. “With two drills operating on site and multiple geophysical surveys proceeding,
EnGold’s technical team is busy managing a very active exploration program.”
In other news, EnGold has engaged Sander Geophysics Ltd to carry out a detailed (50
metre line spacing) 274 line km airborne magnetometer and gravity survey over the
approximately 5.5 km prospective trend outlined by previous gravity, mag and
geological work. Management believes the new data will help the company develop
better drill targets to test anomalies along the trend.
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.
14579462.1
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 analysed 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.
About EnGold
EnGold 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, commitment to transparent engagement with local
communities, 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 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
For further info contact David Brett, 604-682-2421 or [email protected]
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.