Engold Mines Ltd. reports that the Company has arranged a non-brokered private placement of 10,000,000 flow-through units at a price of $0.06 per unit for gross proceeds of $600,000, subject to TSX Venture Exchange acceptance. The units consist of one flow-through common share and one half of one warrant, whereby each whole warrant will entitle the [...]
Engold Mines Ltd., reports that the Company has received mineral resource estimates from SRK Consulting Inc. for the G1 Copper Deposit and the Spout Copper Deposit located on the Company's 100% owned Lac La Hache Property in the Cariboo region of BC. The maiden G1 inferred resource estimate consists of 1.71 million tonnes grading 1.65% CuEq [...]
Engold Mines Ltd. reports that drilling south of the G1 Copper Zone has confirmed the extension of carbonate replacement style mineralization similar to that previously reported in Hole G20-49, indicating broad zones of lower grade copper above the higher grade encountered in past drilling, with hole G20-51 returning 5.05 metres grading 2.75% CuEq [...]
Engold Mines Ltd. reports that Road Gold Zone drill hole R20-2 intersected 4.3 gpt AuEq near the bottom of the 111.86 m hole. Hole R20-2, intended to intersect a gold-copper-silver mineralized hydrothermal breccia structure identified on surface, was abandoned due to intense faulting prior to intersecting the target, but nevertheless returned [...]
Engold Mines Ltd. reports that shareholders passed all resolutions put before the Company's Annual General Meeting held December 11th, 2020, in Vancouver. Management's slate of four directors were elected, being David Brett, Rolf Van Driesum, Dale Riemer, and John Brown. Former director Robert Gordon elected not to let his name strand for [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that Hole G20-49, located on the southern edge of the G1 Copper Zone, has returned assays of 0.3% copper equivalent over an interval of 215 metres from 186m to 401m down hole. The G1 Copper Zone is located within a 10 KM prospective trend within EnGold's 100% owned Lac La Hache Property [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that its recent drilling campaign has wound up at its 100% owned Lac La Hache Property, located in the Cariboo region of British Columbia. Assays are pending for 320 core samples from 5 drill holes, 3 at the G1 Copper Zone southern extension and 2 holes at the new Road Gold showing. Assays [...]
Assays Pending from New Extensions to G1 Copper David H. Brett, President & CEO, Engold Mines Ltd., reports that drilling is underway to test a new gold bearing structure on its 100% owned Lac La Hache Property in the Cariboo region of south-central BC. The Road Gold Zone is a 60 metre wide structure defined by mineralized quartz veins and [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that EnGold has added seasoned mining executive Warner Uhl, MBA, CRM, PMP, CSO to its advisory board. Warner Uhl's experience in mine and mill construction and commissioning through British Columbia and around the world will provide EnGold's management team with mission-critical advice and [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports broad intervals of high-grade copper assays from two drill holes at the G1 Copper Zone. Also, recently completed hole G20-49 on the southern edge of G1 has encountered mineralization over much thicker than expected intercepts. The G1 Copper Zone is located on EnGold's 100% owned [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports two drill holes located 20 m on trend from the thickest known part of the G1 Copper Zone have encountered significant widths of mineralization similar in style to hole G17-16, which cut 43.45 m grading 1.31% Cu, 0.20 gpt Au, 4.06 gpt Ag & 31.14% Fe, including 24 m grading 1.67% Cu, 0.29 [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed a second and final tranche of a $600,000 non-brokered private placement , issuing 3,334,668 flow-through units at a price of $0.075 per unit for gross proceeds of $250,100. The units consist of one flow-through common share and one half of one warrant, whereby [...]
