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EnGold Mines Ltd.
Summary
| Project: | Lac La Hache | |
|---|---|---|
| Deposit: | G1 | |
| Location: | Canada | |
| Commodities: | Gold-Copper-Silver-Iron | |
| Date: | 1/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-1-2018: EnGold Mines Ltd. announces an Exploration/Drilling Update report for its G1 deposit at the Lac La Hache project. Drilling results incl. 39.25m @ 1.04% Cu, 0.11g/t Au, 5.21g/t Ag, 24.53% Fe from 298.6m. For Immediate Release. January 10, 2018. | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rob Shives (Internal) | |
| ABSTRACT: | For Immediate Release. January 10, 2018. Vancouver, BC. David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports that EnGold drill holes G17-37 and G17- 38 have returned encouraging assay results. Vertical hole G17-37, located midway between G17-13 and G17-16, intersected 39.25 m grading 1.04 % Cu, 0.11 gpt Au, 5.21 gpt Ag and 24.53 % Fe, including 4.9 m grading 1.62 % Cu and 8 m grading 2.01 % Cu. This true thickness exceeds the predicted value of 31 m by approximately 8 m. Similarly, vertical hole G17-38, located midway between G16-01 and G17-13, exceeded predicted thickness by more than 15 m, cutting 37.13 m grading 1.00 % Cu, 0.16 gpt Au, 4.41 gpt Ag and 26.35 % Fe, and including 23.76 m grading 1.37 % Cu and 4 m grading 2.15 % Cu. Hole G17-37 also intersected silver bearing, fracture controlled chalcopyrite and pyrite mineralization located 106 m above the main copper zone, grading up to 2.54 % Cu and 37.20 gpt Ag. “The continuity of grade vertically and now, horizontally within G1 Discovery is impressive,” said EnGold VP of Exploration Rob Shives, P.Geo. “We have demonstrated the value of in-fill drilling between the existing 50 m spaced drill pattern, effectively increasing tonnage by cutting thicker mineralized intersections. Additional in-fill and step-out drilling in 2018 will be completed here.” | |
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