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EnGold Mines Ltd.
Summary
| Project: | Lac La Hache | |
|---|---|---|
| Deposit: | Sprout North | |
| Location: | Canada | |
| Commodities: | Gold-Copper-Silver-Iron | |
| Date: | 7/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-7-2018: EnGold Mines Ltd. announces an Exploration/Drilling Update report for its Sprout North deposit at the Lac La Hache project. Drilling results incl. 8.80m @ 3.26% Cu, 0.83g/t Au, 16.9g/t Ag, 26.7% Fe from 419.8m. For Immediate Release. July 12, 2 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rob Shives (Internal) | |
| ABSTRACT: | For Immediate Release. July 12, 2018. Vancouver, BC. David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports assay results from the first three of six drill holes designed to test copper-magnetite mineralization at depth within the Spout Copper Deposit. DDH SL18- 181 encountered an 8.8m intersection grading 3.26 % copper, 0.83 gpt gold, 16.9 gpt silver and 26.7 % Fe. Drilling at Spout North continues. As announced July 4, three holes (SL18-179, SL-180, SL-181) tested the vertical Spout North Zone, targeting down-dip extensions of known mineralization, to depths below 400m from surface, each encountering the structure as anticipated. Previous drilling at Spout North was completed to shallow depths of generally less than 100m. These three new holes span 250m of the currently defined 550m strike length. Assays are tabulated below. A new drill plan map showing hole locations is available here (https://www.engold.ca/projects/maps-images/) The mineralization is typical of the North Zone, with chalcopyrite (with gold and silver) occurring as coarse replacement blebs associated with semi-massive magnetite, and as late chalcopyrite veins. Assays are highlighted in DDH SL18-181 by an 8.8m intersection grading 3.26 % copper, 0.83 gpt gold, 16.9 gpt silver and 26.7 % Fe, including a 1.6m core interval grading 4.4 % Cu, 0.71 gpt Au, 20.9 gpt Ag and 40.4 % Fe. Reported intercepts are core lengths and not true width, as the true width of the structure has not yet been determined at the depths drilled. | |
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