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David H. Brett, President & CEO, EnGold Mines Ltd. (TSXV: EGM) (“EnGold” or the “Company”), reports assay results from two holes within the step-out drilling program designed to follow-up the previously announced copper, gold, silver, magnetite discovery drill hole G16-01. The area is located 1.8 km south of the Spout Skarn Deposit at the Company’s …
David H. Brett, President & CEO, EnGold Mines Ltd. (TSXV: EGM) (“EnGold” or the “Company”), reports assay results from two holes within the step-out drilling program designed to follow-up the previously announced copper, gold, silver, magnetite discovery drill hole G16-01. The area is located 1.8 km south of the Spout Skarn Deposit at the Company’s 100% owned Lac La Hache Property in the Cariboo region of British Columbia (the “Property”).
As quoted in the press release:
“It’s evident that the mineralization in this location appears to be narrowing to the south, east and west, as indicated by the local magnetic and gravity geophysical anomalies in this discovery area. The anomalies define a trend extending to the north of the discovery hole, where we will continue to test potential extension of the zone,” said EnGold VP of Exploration, Rob Shives, P.Geo. “The sub-horizontal stratigraphy which hosts the mineralization has a very predictable attitude in all drilling to date and this offers excellent initial targeting strategy. Although skarn-style mineralization typically presents continuity challenges, we intend to use the combined magnetic and gravity patterns to significantly improve our drill targeting, both locally and regionally along the 5.5 kilometre anomalous trend of anomalies currently indicated.”
