Emgold Completes 100% Acquisition of the Koegel Rawhide Property, Nevada
EMGOLD MINING CORPORATION
Suite 1010 – 789 West Pender Street
Vancouver, B.C. V6C 1H2
www.emgold.com
March 28, 2018 TSX Venture Exchange : EMR
OTC : EGMCF
Frankfurt Exchange : EMLN
EMGOLD COMPLETES 100% ACQUISITION OF THE KOEGEL
RAWHIDE PROPERTY, NEVADA
Vancouver, British Columbia - Emgold Mining Corporation (TSXV: EMR) ("Emgold" or the
"Company"): is pleased to announce that it has completed the final acquisition of a one hundred (100%)
percent interest in its Koegel Rawhide Property, Nevada (the "Property") . The Property is located
approximately 40 miles southeast of the city of Fallon, in the Rawhide Mining District and Koegel Hills,
and five miles southwest of the active Rawhide Mine. The Rawhide Mine is owned and operated by
Rawhide Mining LLC. Formerly operated by Kennecott Minerals Company, the Rawhide Mine is
reported to have produced 1. 7 million ounces of gold and 1 4.1 million ounces of silver from the years
1990 to 2014 (Source: Nevada Bureau of Mines and Geology Special Publication MI-2014).
Terms of the Agreement
As announced by the Company on February 13, 2012, Emgold originally signed a Lease and Option to
Purchase Agreement with Jeremy C. Wire to acquire the RHT and Gel Claims (19 unpatented lode
mining claims totaling 380 acres ), which comprise the core of the Koegel Rawhide Claims . As further
announced by press release on February 15, 2012, Emgold subsequently staked 17 additional claims,
expanding the property size to 36 unpatented lode mining claims totaling 720 acres. The RHT and GEL
Claims, and all of the claims staked by Emgold within a 0.5 mile radius, will remain subject to a two (2%)
percent net smelter returns ("NSR") royalty should any production occur from the claims. The entire
NSR royalty can be purchased for USD$1 million at any time (less any previous royalty payments already
made).
Koegel Rawhide Property Details
The Koegel Rawhide property is a volcanic -hosted, structurally controlled, epithermal gold -silver
prospect in the Walker Lane gold belt of western Nevada. The Walker Lane is a regional shear zone an d
known gold trend that hosts large and small historic and currently operating gold -silver mines, including
in the Comstock Lode, Tonopah District and Rawhide District. The Property's geology and
mineralization are associated with lithologic units and structures of the Rawhide volcanic center, as well
as structures from the Walker Lane and Basin and Range. Further information on the Property can be
found on Emgold’s website at www.emgold.com
Gold and silver mineralization is present at the Property based on historic randomly spaced surface
sampling. A total of 464 samples were taken in geologically derived locations in the years 199 1-1992.
The results of the historic grab samples ranged from non -detectable to 2 ounces per ton gold, and from
non-detectable to 11 ounces per ton silver. The methods and quality control from the historic sampling are
unknown and cannot be verified to comply with NI 43-101 Standards of Disclosure for Mineral Projects
("NI 43 -101") requirements, but the results are considered reliable for exploration purposes. Historic
sampling identified a higher grade area named the T -10 Zone. Historic sampling in this area included 13
samples ranging in grades from 0.004 to 1.99 ounce per ton gold, with an average grade of 0.52 ounces
per ton gold.
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In 2012, Emgold took 11 rock chip-channel and grab samples in the T-10 Zone, the results of which were
disclosed in a February 27, 2012 press release , including the quality assurance program and quality
control methods. The grade of the samples ranged bet ween non-detectable and 1.60 ounce per ton gold,
with an average grade of 0.27 opt gold. Results of Emgold's sampling compared favorably with historic
sampling on the Property. Emgold subsequently completed grade contouring of the historic and Emgold
surface sample data on the Property. The contouring indicated the presence of a mineralized zone with a
strike length of up to 6,000 feet and average width of 200 feet. The dimensions of the mineralized zone
are based on the presence of detectable gold at 50 ppb to over 2,000 ppb.
The location of the Property in the vicinity of the Rawhide Mine and other nearby exploration properties
does not mean that a resource will be identified on the Property. However, the presence of similar
geology and mineralized structures to those found at the nearby Rawhide Mine and other nearby
exploration properties are favorable indicators for the potential of discovery.
Qualified Person
The scientific and technical information that forms the basis for portions of this news release was
reviewed and approved by Robert Pease, PG, CPG, who is a qualified person as defined by NI 43-101.
About Emgold
Emgold is a junior gold exploration and mine development company that has several exploration
properties located in the western U.S. and Canada. These include the Buckskin Rawhide East, Buckskin
Rawhide West, and Koegel Rawhide gold and silver properties in Nevada and the Stewart and Rozan
poly-metallic properties located in British Columbia.
On behalf of the Board of Directors
David G. Watkinson, P.Eng.
President & CEO
For further information, please contact:
David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note on Forward-Looking Statements
This news release contains forward -looking statements and forward -looking information (collectively, "forward-looking
statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private
Securities L itigation Reform Act of 1995 . All statements, other than statements of historical fact, included herein including,
without limitation, statements regarding the anticipated results from exploration activities, the discovery and delineation of
mineral deposits/resources/reserves on the Property and the anticipated business plans and timing of future activities of the
Company, are forward -looking statements. Although the Company believes that such statements are reasonable, it can give no
assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as:
"believe", "expect", "anticipate", "intend", "estimate", "postulate" and similar expressions, or are those, which, by their nature,
refer to future events.
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including
without limitation, that marke t fundamentals will result in sustained gold and silver demand and prices, the receipt of any
necessary regulatory approvals in connection with any future development of the Property or any of the Company's other
properties in a timely manner, the availabi lity of financing on suitable terms for the development, study and continued
exploration by the Company, and the Company's ability to comply with environmental, health and safety laws . The Company
cautions investors that any forward-looking statements made by the Company are not guarantees of future results or performance,
and that actual results may differ materially from those in forward -looking statements as a result of various factors, including,
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issues operating and technical difficulties in connection with mineral exploration and development activities, actual results of
exploration activities, the estimation or realization of mineral reserves and mineral resources, the timing and amount of es timated
future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits,
requirements for additional capital, future prices of precious metals, changes in general economic conditions, changes in the
financial markets and in the demand and market price for commodities, labour disputes and other risks of the mining industry,
delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activiti es,
changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any
necessary permits, consents or authorizations required, including TSX Venture Exchange acceptance of any other current or
future property acquisitions or financings and other plan ned activities, the timing and possible outcome of any pending litigation,
environmental issues and liabilities, and risks related to joint venture operations, and other risks and un certainties disclosed in the
Company's latest interim Management 's Discussion and Analysis and filed with certain securities commissions in Canada. The
Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these
materials, including the technical reports filed with respect to the Company's mineral properties.
Readers are cautioned not to place undue reliance on forward -looking statements. The Company undertakes no obligation to
update any of the fo rward-looking statements in this news release or incorporated by reference herein, except as otherwise
required by law.