EnGold Restarts Drilling at Lac La Hache
EnGold Restarts Drilling at Lac La Hache
VANCOUVER, Nov. 21, 2017 /CNW/ - David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V:
EGM, "EnGold" or the "Company") reports that EnGold has recommenced drilling at its 100% owned
gold, copper, silver Lac La Hache Property in the Cariboo Region of BC. The 3-4 week, one drill progra m
will focus on the G1 Discovery zone and possible fault-offset extension to the northeast.
New modelling of ground gravity data at the discovery zone by Excel Geophysics interprets a
northwest/southeast trending fault close to hole G17-16 (43.45 metres grading 1.31 % Cu, 0.20 g/t Au,
4.06 g/t Ag and 31.14 % Fe, true width). The data indicates continuation of the anomalous gravity tren d
for approximately 300 m to the northeast, across this fault, with a possible offset of 150 m to the
northwest. As previously reported, the untested northeastern anomaly appears larger and more intense
than that related to the Discovery Zone. Hole G17-36, currently in progress, is testing the hypothesis that
the mineralized zone continues on the east side of the fault. At time of writing, the hole had encountered a
fault at approximately 73m down hole, as suggested by the geophysical interpretation. A third anomalous
area is also developing and has been termed the southwest anomaly. A map showing the new gravity
data interpretation can be found on the Company's website at www.engold.ca .
"The existence of a fault explains why the mineralized zone seemed to terminate abruptly at its thicke st
point to date of more than 44 m true thickness, in drill hole G17-16", said VP of Exploration Rob Shiv es,
P.Geo. "There can be no assurances that the zone co ntinues east of the fault, but the current data
certainly provides encouragement that it does."
Ongoing interpretation and analysis of the geophysical data, coupled with recent and past drilling
information, is building a strong case that multiple mineralized zones similar to the discovery area m ay
exist as northeast/southwest trending bodies perpendicular to a 1.8 km northwest/southeast trend
extending from the discovery area to the Spout Deposit.
"EnGold is pursuing its vision to build a critical mass of tonnes to support a high grade, low cost
underground gold, copper, silver mining operation," said EnGold President & CEO David Brett. "With a
resource calculation at Aurizon pending, and further calculations possible at Discovery and Spout in t he
near term, our exploration focus is to expand existing mineralization and find new zones along trend."
Assay results from holes G17-24, 26, 27, & 29 confirmed limited potential for extensions of the discovery
zone to the west and southwest, with only minor economically interesting results in hole G17-29. The
latter hole encountered a 21 m thick zone of skarn mineralization but returned generally low copper
values, except for an intercept at 359.1-360.3 (1.2m true width) grading 1.56 % Cu, 0.25 gpt Au, 6.5 g pt
Ag, and 23.90 % Fe. Hole G17-28 targeting the "G2" gravity anomaly returned 25 m (core length, true
width undetermined) grading 0.39 % Cu, 0.46 gpt Au, 1.39 gpt Ag, 4.84 % Fe. Initial drilling at "Spout
West" and the Berkey zone returned no significant intercepts.
About EnGold
EnGold ( www.engold.ca ) is focused on exploring its 100% owned mineral pr operty located near the town
of Lac La Hache in BC's prolific Cariboo mining reg ion. EnGold's corporate philosophy rests on three
interdependent pillars: Environment, Engagement and Gold. Through sound environmental stewardship,
commitment to transparent engagement with local com munities, 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 P erson 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
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.
SOURCE Engold Mines Ltd.
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http://www.newswire.ca/en/releases/archive/November 2017/21/c1763.html
%SEDAR: 00007665E
For further information: David Brett, 604-682-2421 or [email protected]
CO: Engold Mines Ltd.
CNW 09:23e 21-NOV-17