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 [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports new drill core assays, soil sample assays and IP geophysical results from the Company's 100% owned Lac La Hache copper, gold, silver property in the Cariboo region of BC. Anomalous gold values from a soil geochemical survey near the Aurizon Gold Deposit has led to discovery of a deeply [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that in light of the encouraging 63 metre variably copper mineralized intercept encountered in hole GP18-42 , EnGold has commenced a 9 line-kilometer induced polarization survey to build on the positive results of the reconnaissance IP work carried out earlier in 2018 at the Company's 100 [...]
David H. Brett, President & CEO, Engold Mines Ltd., 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 [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the second drill hole of the Company's current campaign testing new geophysical targets within the "Gap Area" encountered a 63 m mineralized intersection. GP18-42 core lengths are not true widths as the geometry of the new zone has not yet been determined. The current Gap Area [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed the second and final tranche of its brokered private placement with Canaccord Genuity Corp. acting as agent . The Company has issued 373,333 Flow-Through Units at $0.30 per Flow-Through Unit for gross proceeds of $111,999.90, and 77,000 Common Units at $0.26 per [...]