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 [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that drilling is now underway in the highly prospective 1,800 metre Gap Area between the G1 Copper Zone to the southeast and the Spout Copper Deposit to the northwest, targeting geophysical anomalies that indicate potential for new high-grade copper mineralization. At Spout North, six [...]
VANCOUVER, July 12, 2018 /CNW/ - David H. Brett, President & CEO, Engold Mines Ltd., reports assay results from the first three of six drill holes designed to test copper-magnetite mineralization at depth within the Spout Copper Deposit. DDH SL18-181 encountered an 8.8m intersection grading 3.26 % copper, 0.83 gpt gold, 16.9 gpt silver and 26.7 [...]
VANCOUVER, July 4, 2018 /CNW/ - David H. Brett, President & CEO, Engold Mines Ltd., reports that all three of the six planned drill holes completed to date at EnGold's Lac La Hache Project have successfully intercepted the targeted, previously untested copper-magnetite mineralization at depth within the Spout Deposit. Assays are pending. The fourth [...]
/STATES/ VANCOUVER, June 28, 2018 /CNW/ - David H. Brett, President & CEO, Engold Mines Ltd., reports that the next tranche of Company's previously announced brokered private placement with Canaccord Genuity Corp. acting as agent, is expected to close by July 25th, 2018, subject to certain conditions, including but not limited to, the receipt of [...]
Adds 2,566 Hectares New Staking to Property VANCOUVER, June 4, 2018 /CNW/ - David H. Brett, President & CEO, Engold Mines Ltd., reports that EnGold will re-commence drilling at its 100% owned Lac La Hache Property on Monday, June 11th, 2018. Initial drilling will target down dip and on strike extensions of the high-grade copper Spout North Zone [...]
/STATES/ VANCOUVER, May 17, 2018 /CNW/ - David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed the first tranche of its brokered private placement with Canaccord Genuity Corp. acting as agent . The Company has issued 2,429,667 Flow-Through Units at $0.30 per Flow-Through Unit for gross proceeds of $728,900.10, and [...]
Geophysical Results Encouraging VANCOUVER, May 1, 2018 /CNW/ - David H. Brett, President & CEO, Engold Mines Ltd., reports that drill hole G18-40 has returned 31.36 m grading 1.14 % copper, 0.28 grams per tonne gold, 6.89 g/t silver and 24.31 % iron. DDH G18-40, drilled 50 m west of G17-38, intersected mineralization over a wider core interval than [...]
/STATES/ VANCOUVER, April 16, 2018 /CNW/ - David H. Brett, President & CEO, Engold Mines Ltd., is pleased to announce that the Company has engaged Canaccord Genuity Corp. to act as agent to offer for sale, on a commercially reasonable efforts basis: 10,000,000 flow-through units of the Company at a price of $0.30 per Flow-Through Unit; and [...]
