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EnGold Mines Ltd.
Summary
| Project: | Lac La Hache | |
|---|---|---|
| Deposit: | Aurizon South | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/23/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-11-2016: EnGold Mines Ltd. announces an Exploration/Drilling Update report for its Aurizon South deposit at the Lac La Hache project. Drilling results incl. 0.1m @ 263.00g/t Au from 17.50m. For Immediate Release. November 23, 2016. Vancouver, BC. David | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rob Shives (Internal) | |
| ABSTRACT: | For Immediate Release. November 23, 2016. Vancouver, BC. David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” and the “Company”) reports assay results from five drill holes with new intersections of high gold, silver and copper values within the Aurizon South Gold Structure, and new visible-gold-bearing quartz veins. The new quartz vein assays offer the highest grades ever encountered on the project. The Aurizon South is located within EnGold’s 100% owned Lac La Hache Property located in BC’s Cariboo region. Highlights of the new results include hole AZS16-59 with an intercept grading 14.25 gpt Au, 2.3 gpt Ag & 0.19% Cu over 1 metre, hole AZS16-57 with an intercept grading 7.96 gpt Au, 4.65 gpt Ag & 0.24% Cu over 2 metres, and the intersection of a narrow quartz vein in holes AZS16-56 & 57 grading respectively 263 gpt (8.45 opt), 90.5 gpt Ag & 1.74% Cu over 0.10 metres and 77.2 gpt (2.48 opt) Au, 31.5 gpt Ag & 0.63% Cu over 0.21 metres. *Note: Reported intervals are core lengths and not true width, as true widths in this section have not yet been determined. “The Aurizon Gold Zone continues to demonstrate strong high grade gold potential,” said EnGold CEO David Brett. “The discovery of bonanza grade gold in quartz veins proximal to the main Aurizon structure adds a whole new dimension to our exploration strategy.” The fall 2016 program at Aurizon Zone South (10 holes, 3,000 m) is primarily designed to extend higher-grade mineralization within a portion of the gold-rich AZS structure, using 50 to 100+ metre step-outs from previous intersections. Nine of these holes have been completed to date. Assays have been received for eight drill holes, including 3 previously reported (DDHs AZS16-52, 16-53, 16-54; see NR Oct 26, 2016) and five drill holes reported in this release (Table 1). | |
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