EnGold Samples up to 9.65 gpt Gold from New Zones at Lac La Hache

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EnGold Samples up to 9.65 gpt Gold

from New Zones at Lac La Hache

For Immediate Release. July 6, 2020. Vancouver, BC. David H. Brett, President & CEO, EnGold

Mines Ltd., (TSX -V: EGM, “EnGold” or the “Company”) reports that assays from a number of

newly identified gold targets within the Company’s 100% owned Lac La Hache Property in the

Cariboo Region of Central BC have returned gold values ranging from anomalous to 9.65 gpt

gold. A total of 67 bedrock grab samples were collected in early June during the initial follow-up to

new B-soil gold anomalies identified in 2019 geochemical surveys. Highlights are provided in a

series of images here.

Prospecting along the northernmost end of the Aurizon South Deposit within drill -road ditch

exposures produced a 30m wide section (to date, more prospecting is required) where all 8

bedrock gra b samples of limonitic gouge surrounding narrow quartz veins assayed anomalous

gold values (9.65, 1.48, 1.38, 1.34, 1.3, 1.2, 0.8, 0.6 gpt gold). A single gold pan of one of these

veins produced over 20 minute gold grains. This new at -surface zone of quartz veins lies 160 m

north of similar veins drilled in 2018 -19, where very high gold values up to 263 gpt gold were

assayed in bedrock grab samples on surface.

a

Figure 1 Results Along 7790N Lac La Hache Property

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In the Jodie area, intensely weathered limonitic quartz -pyrite-chalcopyrite fractures within

potassically altered monzonitic host rocks assayed 2.83 grams per tonne (gpt) gold, and an

unusual, intensely altered (intrusion?) -breccia containing minute visibl e gold specs assayed 4.8

gpt gold. These results explain the highest B -soil value of 662 ppb gold at Jodie, and other

anomalies remain to be prospected there.

Within the large Aurizon Zone West soil grid, initial prospecting of the highest B -soil gold va lue

(1400 ppb) produced relatively low gold values less than 0.2 gpt gold, but another site yielded 5.2

gpt from red -brown rusty limonite -epidote-altered quartz vein s containing pyrite. This site lies

more than 700 m west-northwest of the Aurizon South Deposit.

“We believe the new quartz veins discovered at the north end of the Aurizon South Deposit

represent brittle fracturing in the hanging wall, well above the more intense hydrothermal breccia

which hosts the gold-copper-silver resource.” said Rob Shives, P.Geo., EnGold VP of Exploration.

“We previously found that the width and metal tenors of the breccia diminished in the upper 150

meters or so, so the possibility that the gold -related silicification extends upwards into the

overlying host intrusion at surface offers additional potential. We look forward to sampling more

veins, and hope to extend the zone to the east.”

“Finding new gold -bearing structures at surface based on visual anomalies in road cuts is

reshaping our exploration app roach in the Aurizon area ” said EnGold President & CEO David H .

Brett. “The many logging access roads in the area are receiving a fresh look.”

Update on Ann North Drilling

Recent high rainfall and flooding in central BC has delayed the Company’s resumption of deep

drilling at the Ann North prospect. Initially suspended at 604 m depth due to Covid -19 concerns

and wet ground conditions , an unseasonably wet June has intensified in July and as such the

planned drilling remains contingent on improved weather conditions to allow access to the site.

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, Engagement 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.

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]

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Forward Looking Statements: The information in this news release contains forward looking statements that are subject to a

number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from th ose

anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity

markets, equity markets, costs and supply of materials 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 this release include statements regarding plans to 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 expectati ons

reflected in our forward looking statements are reasonable, results 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 result of new information, future events or otherwise, except as may be required by applicable law.

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Exchange) accepts responsibility for the adequacy or accuracy of this release.