David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has arranged a non-brokered private placement of up to 4,545,455 flow-through shares at a price of $0.11 per share for gross proceeds of up to $500,000, subject to the acceptance of the TSX Venture Exchange. The proceeds from the sale of the flow-through shares will be [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company's geological team, in part inspired by recent staking nearby by a major mining company, is reexamining the undrilled, grass-roots Scorpio porphyry-style polymetallic exploration target within the northern part of EnGold's large, 100% owned Lac Hache Project. Initially [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports drilling at EnGold's 100% owned Lac La Hache property in the Cariboo region of BC has successfully extended high-grade gold bearing quartz vein mineralization near the Aurizon Gold Deposit. The March campaign at Lac La Hache consisted of 7 short holes designed to test continuity and [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed the non-brokered $200,000 flow through private placement announced March 29th, 2019. The Company has issued to a single institutional investor 1,666,666 flow-through units at $0.12 per unit for gross proceeds of $200,000. The Units consist of one flow-through [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has arranged with a single institutional investor a non-brokered private placement of 1,666,666 flow-through units at $0.12 per unit for gross proceeds of $200,000, subject to the approval of the TSX Venture Exchange. The funds will be used for ongoing exploration of [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports drilling at EnGold's 100% owned Lac La Hache property in the Cariboo region of BC will recommence March 23rd, 2019, focusing on high-grade gold mineralization near the Aurizon Gold Deposit. The 6-hole shallow drilling program will target gold bearing quartz veins and silicified zones [...]
David H. Brett, President & CEO, Engold Mines Ltd., provides the following summary and review of recent exploration of the Company's sole exploration project, the 100% owned Lac La Hache copper, gold, silver property in the Cariboo region of BC. 2018 was a busy year for EnGold at Lac La Hache. Based on EnGold's fiscal year which ends September [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that assay results from the Company's most recent drilling campaign have returned significant intercepts of high-grade gold mineralization near the Aurizon Gold Deposit, located within EnGold's 100% owned Lac La Hache property in the Cariboo region of BC. The drilling targeted gold [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed the non-brokered private placement that was announced on December 17, 2018. The Company has issued 2,003,572 Flow-Through Units at $0.14 per Flow-Through Unit for gross proceeds of $280,500.08 . Each Flow-Through Unit is comprised of one flow-through common [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has arranged a non-brokered private placement of up to 2,000,000 flow-through units at $0.14 per unit, whereby each unit will consist of one flow-through common share and one warrant to purchase one non flow-through share at a price of $0.20 for a period of one year for [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that recent new Induced Polarization geophysical surveying has resulted in the identification of a new and compelling drill target at the Company's 100% owned Lac La Hache copper, gold, silver property in the Cariboo region of BC. A high intensity and large IP chargeability anomaly located [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports encouraging gold values in bedrock grab samples, up to 25.6 gpt gold, from a recently discovered quartz-rich, well mineralized structure near the Aurizon South Gold deposit on the Company's 100% owned Lac La Hache copper, gold, silver property in the Cariboo region of BC. Bedrock grab [...]