Emgold Mining Corporation Provides Corporate Update

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[{"type":"text","content":"Emgold Mining Corporation Provides Corporate Update(via TheNewswire)\n\n \nVancouver, British Columbia - TheNewswire - August 15, 2019 - Emgold Mining Corporation (TSXV:EMR) (OTC:EGMCF) (Frankfurt Exchange:EMLM) (\"Emgold\" or the \"Company\") is pleased to provide the following corporate update. \n\n \n \nBusiness Strategy\n\n \n \nEmgold's business strategy, adopted in mid-2018 with its acquisition of the advanced stage Golden Arrow Property, NV, is to search for strategic acquisitions in a \"buyer's market\", add value to those assets through exploration, and look for opportunities to monetize these assets through sale, joint venture, option, or other business transactions. The Company is focused on Nevada and Quebec, the #1 and #4 jurisdictions for mining investment in the world, respectively, according to the Frasier Institute's Annual Survey of Mining Companies, 2018. \n\n \n \nEmgold looks for assets adjacent to producing mines or advanced stage projects, assets with significantly discounted acquisition costs, assets with locational or other synergy, and/or assets with road access to minimize exploration costs. Priority is given to assets that have had substantial historical exploration completed by past operators and come with a database of information. The Company's goal is to add value to these assets through computerization and re-interpretation of historic data followed by targeted exploration (e.g. soil and rock chip sampling, modern geophysics, and drilling). Ultimately, the aim is to monetize these assets through various transactions that make sense for each specific asset. \n\n \n \nDavid Watkinson, President and CEO of Emgold stated, \"Using a baseball analogy, we try to create multiple opportunities for our shareholders for singles, doubles, triples, and potentially homeruns by acquiring and advancing a diverse asset base made up of quality exploration properties. A successful application of this business model was Emgold's option and subsequent acquisition of the Troilus North Property, QC, in 2018, which was followed by its sale to Troilus Gold Corporation (TSX:TLG) for cash and 3.75 million TLG shares\". \n\n \n \n2019 Year to Date Highlights\n\n \n \nEmgold's focus during the past two quarters has been to further enhance Emgold's portfolio of assets in Nevada and Quebec. Acquisitions, either completed or on...

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