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EnGold Mines Ltd.
Summary
| Project: | Lac La Hache | |
|---|---|---|
| Deposit: | Aurizon | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 10/26/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-10-2016: EnGold Mines Ltd. announces an Exploration/Drilling Update report for its Aurizon deposit at the Lac La Hache project. Drill results incl. 9.46m @ 2.11g/t Au, 5.55g/t Ag, 1.19% Cu from 144.54m. For Immediate Release. October 26, 2016. Vancouve | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rob Shives (Internal) | |
| ABSTRACT: | For Immediate Release. October 26, 2016. Vancouver, BC. David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” and the “Company”) reports that EnGold has received assays from another drill hole from its ongoing drill program that has yielded additional high gold, silver and copper values within the Aurizon South Gold Structure. A total of 7 drill holes of an expected 8 program have now been completed at Aurizon. New results will be released as they come in, expected over the coming days and weeks. Hole AZS16-54 intersected 2.5 metres grading 4.7 grams per tonne gold, 11.41 gpt silver & 3.04% copper, within a wider interval of 9.46 metres grading 2.11 gpt gold, 5.55 gpt silver & 1.19% copper between 144.54 & 154.0 metres down-hole. The results test the Aurizon Zone more than 50 m away from similar intersections drilled last year (AZS15-47 cut 6.66 grams per tonne gold over 1.61 metres; AZS15-50 cut 12.4 grams per tonne gold over 2 metres). A second, lower grade zone within AZS16-54 assayed 1.42 grams per tonne gold, 3.77 grams per tonne silver and 0.53% copper between 166 & 169 metres down-hole. Reported intervals are core lengths and not true width, as true widths in this section have not yet been determined. The gold and copper mineralization in hole AZS16-54 occurs in intensely altered and fractured monzodiorite, veined with sulphide-bearing (pyrite, chalcopyrite) fine-grained light grey quartz, and coarse-grained white quartz. Alteration is highly variable and includes potassium feldspar, epidote, chlorite, hematite and albite, all overprinted by younger calcitic fractures. | |
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