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EnGold Mines Ltd.
Summary
| Project: | Lac La Hache | |
|---|---|---|
| Deposit: | Lac La Hache | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/10/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-4-2017: EnGold Mines Ltd. announces an Exploration/Drilling Update report for its Lac La Hache deposit at the Lac La Hache project. Drilling results incl. 21.70m @ 1.22% Cu, 0.17g/t Au, 5.96g/t Ag, 30.06% Fe from 337.30m. EnGold Mines Ltd., (TSX-V: EGM | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rob Shives (Internal) | |
| ABSTRACT: | EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports that drill holes G17-03 & G17-04 returned assay values of 21.70 metres grading 1.22% copper, 0.17 grams per tonne gold, 5.96 gpt Silver and 12.2m grading 1.82% copper, 0.41 gpt gold, 9.96 gpt silver respectively at the Company’s 100% owned Lac La Hache Property in the Cariboo region of British Columbia (the “Property”). Hole G17-03 was collared 50m east of discovery hole G16-01 & G17-04 was collared 50 m west of hole G16-01. The mineralized intercepts occur at the same stratigraphic levels at 337.3 and 336 m downhole. The holes are vertical and intercepts are believed to be true width. Please see table below for detailed results. Assay results from hole G17-02, collared 71 m north of hole G16-01, are still pending. “These results demonstrate consistency of structure and grade in the areas drilled so far,” said EnGold VP of Exploration Rob Shives, P.Geo. “We’re looking forward to testing the new and refined gravity anomalies in the coming weeks.” Drilling at the Property is expected to recommence with two drills in approximately 10 days. One of the drills will be deployed to test the previously reported new, highly intense gravity anomaly to the northwest of the discovery hole. The other drill will step out to the south of the discovery hole, where new gravity data indicates increasing potential for mineralization. Gravity crews continue to collect new survey data that will be added to the Company’s analysis and assessment of the discovery area. | |
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