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EnGold Mines Ltd.
Summary
| Project: | Lac La Hache | |
|---|---|---|
| Deposit: | Lac La Hache | |
| Location: | Canada | |
| Commodities: | Gold-Copper-Silver | |
| Date: | 6/5/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-6-2017: EnGold Mines Ltd. announces an Exploration/Drilling Update report for its Lac La Hache deposit at the Lac La Hache project. Drilling results incl. 18.25m @ 1.22% Cu, 0.14g/t Au, 5.27g/t Ag from 318.75m. Vancouver, BC. David H. Brett, President & | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rob Shives (Internal) | |
| ABSTRACT: | Vancouver, BC. David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports assay results from 5 holes within the step-out drilling program designed to follow-up the previously announced copper, gold, silver, magnetite discovery drill hole G16-01. The results confirm significant mineralization to the north of G16-01, with hole G17-11, located 50 m north of G16-01, cutting 11.04 m grading 1.16 % Cu, 0.12 gpt Au, 6.19 gpt Ag and 27.44 % Fe, and hole G17-13, located 50 m east of hole G17-11, cutting 18.25 m grading 1.22 % Cu, 0.14 gpt Au, 5.27 gpt Ag and 26.7 % Fe. Hole G17-09, drilled 100 m west of G16-01, returned a 10.55 m interval grading 1.10 % Cu, 0.27 gpt Au, 5.53 gpt Ag and 5.81 % Fe, including a 0.45 m interval grading 12.35 % Cu, 4.48 gpt Au & 66.40 gpt Ag. This lies approximately 30 m above the main zone stratigraphy, and is related to subvertical tourmaline-chalcopyrite-pyrite veins. Holes G17-10 & G17-12 returned narrower intercepts of weaker mineralization. All assay results, as tabulated below, are from a discovery area located 1.8 km south of the Spout Skarn Deposit at the Company’s 100% owned Lac La Hache Property in the Cariboo region of British Columbia (the “Property”). “Our latest results confirm our expectation that the mineralization improves where the magnetic values are higher within the anomalous gravity area” said EnGold VP of Exploration Rob Shives, P.Geo. “In addition to our ongoing drill program, EnGold will be stepping up its geophysical exploration efforts to enhance our targeting strategy.”\ | |
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