VANCOUVER, Sept. 4, 2018 /CNW/ - David H. Brett, President & CEO, EnGold
Mines Ltd., (TSX-V: EGM, "EnGold" or the "Company") reports that
the Company's now completed six-hole, 2,961 metre 2018 drill
program at the Spout North Copper Deposit has added significantly
to the depth potential of the mineralization, intersecting high
grade copper up to 430 metres from surface. Assays from the
remaining three drill holes, tabulated below, include 1.9% copper,
0.37 gpt gold, and 7.31 gpt silver over 4.95 metres in hole
SL18-184.
"The new, deeper Spout North intercepts will be very helpful in
our recalculation of the Spout Copper Deposit as a high grade,
underground mining target," said EnGold CEO David Brett. "We are very pleased with the
progress at Lac La Hache, with
positive results and tremendous potential to grow resources and
make new discoveries."
|
|
EnGold Mines
Ltd 2018 Depth Extension
Drilling Spout North Zone*
|
|
DDH
|
NAD 83 Zone
10
|
Elev.
|
Collar
Dip
|
Collar
Az.
|
EOH
|
Drill Core Depth
(m)
|
Copper
|
Gold
|
Silver
|
Iron
|
|
Northing
(m)
|
Easting
(m)
|
(mASL)
|
(deg.)
|
(UTM)
|
(m)
|
|
From
|
To
|
Interval
|
Cu
(%)
|
Au
(g/t)
|
Ag
(g/t)
|
Fe
(%)
|
|
SL18-179
|
5761150
|
611655
|
1130
|
-75
|
40
|
557.5
|
|
325
|
328.65
|
3.65
|
1.32
|
0.18
|
5.68
|
10.7
|
|
|
|
|
|
|
|
|
336
|
341.15
|
5.15
|
1.07
|
0.24
|
4.17
|
24
|
|
|
|
|
|
|
|
|
439.85
|
445.65
|
5.8
|
1.17
|
0.2
|
8.31
|
12.8
|
|
|
|
|
|
|
|
incl.
|
439.85
|
442
|
2.15
|
2.14
|
0.43
|
15.88
|
18.2
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SL18-180
|
5761053
|
611805
|
1143
|
-75
|
40
|
533.1
|
|
64.3
|
65.6
|
1.3
|
0.72
|
0.09
|
2.9
|
18.7
|
|
|
|
|
|
|
|
|
393.55
|
395
|
1.45
|
1.46
|
0.22
|
7.6
|
19.2
|
|
|
|
|
|
|
|
|
460.43
|
463.83
|
3.4
|
1.81
|
0.47
|
8.92
|
18
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SL18-181
|
5761160
|
611563
|
1143
|
-72
|
40
|
454.5
|
|
419.8
|
428.6
|
8.8
|
3.26
|
0.83
|
16.88
|
26.7
|
|
|
|
|
|
|
|
incl.
|
425
|
428.6
|
3.6
|
4.09
|
0.85
|
19.34
|
32.7
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SL18-182
|
5760935
|
611960
|
1138
|
-70
|
40
|
496.5
|
|
61.85
|
63.7
|
1.85
|
1.18
|
0.14
|
3.8
|
22
|
|
|
|
|
|
|
|
|
110.35
|
112.7
|
2.35
|
0.97
|
0.1
|
4.1
|
10.6
|
|
|
|
|
|
|
|
|
137.5
|
138.5
|
1
|
1.77
|
0.53
|
9
|
13.9
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SL18-183
|
5761001
|
611884
|
1153
|
-70
|
40
|
466
|
|
21.58
|
28.9
|
7.32
|
0.6
|
0.07
|
2.35
|
13.9
|
|
|
|
|
|
|
|
incl.
|
23.8
|
25
|
1.2
|
1.17
|
0.11
|
4.4
|
26.8
|
|
|
|
|
|
|
|
|
113
|
115.5
|
2.5
|
0.88
|
0.18
|
6.78
|
7.17
|
|
|
|
|
|
|
|
incl.
|
113
|
114
|
1
|
1.13
|
0.08
|
4.8
|
6.84
|
|
|
|
|
|
|
|
|
353.85
|
360.2
|
6.35
|
0.61
|
0.45
|
2.79
|
32.1
|
|
|
|
|
|
|
|
|
364.55
|
365.65
|
1.1
|
0.91
|
0.12
|
3.8
|
20.7
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SL18-184
|
611718
|
5761109
|
1137
|
-75
|
40
|
453.9
|
|
375
|
379.95
|
4.95
|
1.9
|
0.37
|
7.31
|
36.3
|
|
|
|
|
|
|
|
incl.
|
376.3
|
378.35
|
2.05
|
2.83
|
0.56
|
10.75
|
48.2
|
|
|
|
|
|
|
|
incl.
|
377.45
|
378.35
|
0.9
|
3.02
|
0.52
|
11.7
|
>50.0
|
|
|
|
|
|
|
|
|
388.75
|
389.5
|
0.75
|
2.02
|
0.35
|
7.7
|
14.7
|
*Intervals reported are core lengths and not true width as the
geometry of the zone has not yet been determined at the depths
reported. An updated image showing the location of the 2018 Spout
North holes can be found on the Company's website here:
https://www.engold.ca/projects/maps-images/
About EnGold
EnGold is a Vancouver-based
copper/gold exploration company focused solely on its 100% owned
Lac La Hache property in the
Cariboo region of BC. EnGold's vision is to identify and delineate
mineral resources at Lac La Hache
that could potentially support an economically feasible and
environmentally sustainable underground mining operation. The Spout
Deposit, the Aurizon Gold Zone and the 2017 G1 Discovery, located
within a 7-kilometer area on the property, are all considered by
EnGold to be potentially underground minable targets. EnGold's
significant new copper discovery in 2017 adds to the already
extensively drilled Spout Copper Deposit and Aurizon Gold zones.
Discovery potential for new high-grade zones remains strong, and
existing areas are open for expansion. With world class
infrastructure at its doorstep, Lac La
Hache is a great location to be exploring. EnGold's
corporate philosophy rests on three interdependent pillars:
Environment, Engagement and Gold. Through sound environmental
stewardship, commitment to transparent engagement with local
communities, the Company is dedicated to driving exceptional
shareholder and stakeholder value by fulfilling its vision to
profitably supply valuable and much needed metals to the global
marketplace.
Rob Shives P.Geo., VP Exploration
and a Qualified Person as defined under National Instrument 43-101,
has reviewed and approved the technical content of this
release.
EnGold Mines Ltd.
David Brett, President &
CEO
This news release may contain
"forward‐looking statements". Readers are cautioned
that any such statements are not guarantees of future performance
and that actual development or results may vary materially from
those in these "forward looking statements." Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Engold Mines Ltd.
