VANCOUVER , Sept.14, 2017 /CNW/ - David H. Brett , President & CEO, EnGold Mines Ltd., (TSX-V: EGM, "EnGold" or the "Company") reports that the Company has commenced a two drill, 20-hole, 10,000 metre next phase of diamond drilling at EnGold's 100% owned Lac La Hache Copper, Gold, Silver property located in the Cariboo region of British Columbia . The Wildfire danger levels in the area have dropped significantly and are forecast to remain low, and as such the Company does not anticipate any weather-related disruptions. The program is expected to extend to the end of November 2017 .
One drill will target extensions of the copper, gold, silver mineralization discovered in early 2017 while the other drill will test other geophysical anomalies along a 5.5-kilometre prospective trend. Both the step-out drilling at the discovery area and drilling along the trend will be guided by significant new insights gained from the processing, 3D modeling and interpretation of large amounts of recently collected and compiled ground and airborne gravity and magnetic data.
At the discovery area, the Company believes the new data indicates extension of the mineralized zone to the south and west. The initial follow up holes in the discovery area will test targets located 50 m west and south of hole G17-23 intersection. An image of the updated drill plan is located on the Company's website here.
The new 3D modeling shows several new gravity anomalies, including some that are larger and stronger than the discovery anomaly. Images of the modeled anomalous data are available on the Company's website here.
"I'm very excited about this next phase of our exploration program at Lac La Hache ," said EnGold VP of Exploration Rob Shives, P.Geo. "Our knowledge of the geology, geophysics and mineralization keeps growing, and our ability to image data in 3D supports improved targeting. We are hopeful we will continue to make new discoveries in 2017."
About EnGold
EnGold (www.engold.ca) is focused on exploring its 100% owned mineral property located near the town of Lac La Hache in BC's prolific Cariboo mining region. 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 discovering and developing mineral resources.
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.
Per/
David Brett , MBA
President & CEO
For further info contact David Brett, 604-682-2421 or david@engold.ca
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."
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SOURCE Engold Mines Ltd.
