David H. Brett, President & CEO, Engold Mines Ltd., reports that drill hole AZS19-80 intersected 6.18 gpt gold, 0.8 % copper and 2.63 gpt silver over 4.55 metres, including 13.9 gpt gold, 1.55 % copper and 4.8 gpt silver over 0.72 metres, within the Aurizon South gold structure located on the Company's 100% owned Lac La Hache Property in the [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that assay results are pending for 2 drill holes targeting the Aurizon Gold structure, 1500 soil samples collected at Scorpio, Aurizon West, Jodie and 8000 prospects and 91 bedrock samples collected across the 100% owned Lac La Hache Property in the Cariboo region of BC. Both Aurizon holes [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed a second tranche of the $500,000 non-brokered private placement of up to 4,545,455 flow-through shares that was announced June 24th, 2019. The Company has issued 750,000 flow-through shares at $0.11 per share for gross proceeds of $82,500 , which is in addition [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the remaining $180,000 of the Company's $500,000 flow-through private placement announced June 24th, 2019 is expected to close by October 3rd, 2019, subject to certain conditions, including but not limited to, the receipt of TSX Venture Exchange acceptance. A $320,000 first tranche of [...]
David H. Brett, President & CEO, Engold Mines Ltd. reports that the Company is set to recommence drilling of the Aurizon South Gold zone the first week of September, 2019, with the goal of potentially upgrading and expanding the maiden inferred resource announced in 2018. Also, crews will shortly commence a 1,500 station B-soil sampling program to [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has entered into a shares-for-services agreement with VRIFY Technology Inc. pursuant to the provisions of TSX Venture Exchange Policy 4.3. Pursuant to the Agreement, VRIFY, which provides technology services to the Company, will receive its fees by way of the issuance of [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed the first tranche of the $500,000 non-brokered private placement of up to 4,545,455 flow-through shares that was announced June 24th, 2019. The Company has issued to a single institutional investor 2,909,091 flow-through shares at $0.11 per share for gross [...]
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 [...]