EnGold to Resume Lac La Hache Drilling First Quarter of 2022, 2021 Program Concluded
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EnGold to Resume Lac La Hache Drilling First Quarter of 2022,
2021 Program Concluded
For Immediate Release . December 13, 20 21. Vancouver, BC. Da vid H. Brett,
President & CEO, EnGold Mines Ltd., (TSX -V: EGM, “En Gold” or the
“Company”) reports that EnGold has concluded it’s 2021 deep drilling program at
it’s 100% owned Lac La Hache Copper Gold Project in the Cariboo region of BC,
with extensive additional deep drilling set to resume in early February, 202 2.
2021 drilling at Lac La Hache now totals 5,277.4 metres including 6 deep holes
and 2 shallow holes at Road Gold. Drilling at the Ann North and G1 South areas
indicate that anticipated mineralized zones in both areas are getting wide r at
depth. Due to backlogs at analytical labs caused by the v ery bus y exploration
season in BC, assays from all unreported 2021 holes remain pending , including
Road Gold, with first results expected late December and early January 2022.
“The purpose of the deep drilling is to test the propert y’s potential for Red C hris
style al kalic porphyry copper-gold mineralization, and our geological team is
pleased with the geology of what we are seeing, ” said EnGold VP of Exp loration
Rob Shives. “"The structure extending to the southeast of G1 Deposit, interpreted
as a feeder zone to G1, also hosts porphyry -style mineralization/alteration within
the Nicola volcaniclastic s ediments, at increasing depths to the southea st. We
hope to fo llow this structure down to a porphyry intrusive source. The fin al hole
here, G21-54, intersected a mine ralized intrusive dike that suppor ts o ur
interpretation. At Ann North, we have substantially increased the thick ness of
mineralized, intensely K -altered porphyry, extending from historical shallow to
more than 800m depth so far. The presence of visible cha lcopyrite, bornite and
molybdenite is encouraging, but obviously, grades are difficult to e stimate
visually so we eagerly await the assays."
“A tremendous number of core samples are now at th e lab awaiting analysis and
we will report assay results as they come in, ” said EnGold President & CEO
David H. Brett. “Our 2022 program is expected to be as rob ust as 2021 and we
look forward a very busy year at Lac La Hache.”
In other news, investors are invited to visit EnGold’s booth at the Vancouve r
Resource Investment Conference talking place January 16-17, 2022 at the
Vancouver Convention Centre.
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Rob Shives P.Geo., VP Exploration and a Qualified Person as defined under
National Instrument 43-101, has reviewed and approved the technical c ontent of
this release.
About EnGold
EnGold is a Vancouver -based copper , gold, silver, magnetite explo ration
company focused solely on its 100 % owned Lac La Hache propert y in the
Cariboo region of BC which hosts the Spout Copp er Deposit, the Aurizon Gold
Deposit and the G1 Copper Deposit and other targets within a large porphyry
mineralizing system. With world class infrastructure at its doorstep, Lac La Hache
is a great location to be exploring.
EnGold Mines Ltd.
David Brett
President & CEO
For further info contact David Brett, 604-682-2421 or [email protected]
This news release contains “forward ‐looking s tatements” within the meani ng of Canadian securities
legislation. Forward‐looking statements include, but are not limited to, the expected use of proceed s of the
financing. Such statements and information are based on numerous assumptions regardi ng present and
future business strategies and the environment in which EnGold will operate in the future. Certain important
factors that could cause actual results , performances or achievements to differ materially from those in the
forward‐looking stateme nts includ e, amongst others, the glob al economic climate, dilution, share price
volatility and competition. Although EnGold has attempted to identify important factors that could cause
actual results to differ materially from those containe d in forward ‐looking state ments, there may be other
factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that
such statements will prove to be accurate, as actual results and future events could differ mater ially from
those anticipated in such statements. Acco rdingly, readers should not place undue reliance on
forward‐looking statements. EnGold does not undertake to update any forward‐looking statements, except in
accordance with applicable securities laws.