• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    EnGold Provides Lac La Hache Exploration Update

    Written by Priscila Barrera
    |
    Jul. 12, 2017 08:43AM PST

    David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports that 21 drill holes comprising 9,117.5 metres have now been completed around discovery drill hole G16-01. 90% of the holes drilled to date have encountered skarn-style mineralization across widths ranging from 2 to 43 m in true thickness. Although …

    David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports that 21 drill holes comprising 9,117.5 metres have now been completed around discovery drill hole G16-01. 90% of the holes drilled to date have encountered skarn-style mineralization across widths ranging from 2 to 43 m in true thickness. Although there may be a north-east/south-west trend emerging, the geometry of the mineralization has yet to be determined, and less than 50% of the mag/gravity geophysical anomaly has been drilled to date. With data from the newly completed airborne survey now being processed, modeled and interpreted, together with the significant additional ground gravity data collected over several weeks, EnGold’s technical team will spend approximately two weeks developing the next series of drill targets, both at the discovery area, and at anomalies along the 5.5km anomalous trend.  Two additional holes were drilled targeting on trend gravity anomalies, bringing the total metres drilled on gravity/mag targets to 10,182.8 m.
    As quoted in the press release:

    “Our initial drilling regime in the discovery area has validated our geological model and encountered very impressive true-widths of the higher-grade mineralization,” said VP Exploration Rob Shives, P.Geo. “Results clearly show that the thickness of the stratabound mineralization within the much larger ground gravity/magnetic anomaly can vary significantly within 50 m step-outs. Analysis of our new geophysical data will be critical to determining optimal drill targeting in the next phase.”

    Click here for the full text release

    gold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Freegold Limited

    Freegold Limited

    Edgemont Gold Corp

    Edgemont Gold Corp

    Latest News

    Homeland And Westwin Sign Binding Offtake Agreement At Red Flat

    Goldgroup Announces Commitment for Strategic Investment in Luca Mining

    Sirios Resources Announces Share Consolidation and Name Change

    GoldInxs Mining Corp. Announces $1,150,000 Private Placement Offering

    Blackrock Silver Acquires Tonopah East Project Increasing Landholdings by 45% in Tonopah Mining District

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Investing Stocks

    Silver Hammer Mining

    Silver Hammer Mining (HAMR:CC)
    HAMR:CC

    Renforth Resources

    Renforth Resources (RFR:CC)
    RFR:CC

    Orosur Mining

    OMI:CC

    GoldInxs Mining

    GoldInxs Mining (INXS:CC)
    INXS:CC

    Cascadia Minerals

    Cascadia Minerals (CAM:CC)
    CAM:CC

    LaFleur Minerals

    LaFleur Minerals (LFLR:CC)
    LFLR:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES