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Engineer Gold Mines Ltd. - Exploration Update
(TheNewswire) November 10, 2022 – TheNewswire - Vancouver, BC –...
About this update from Engineer Gold Mines Ltd.
[{"type":"text","content":"Engineer Gold Mines Ltd. - Exploration Update \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n November 10, 2022 –\n \n TheNewswire -\n \n \n Vancouver, BC\n \n \n –\n \n Engineer Gold Mines Ltd\n \n .\n \n (the “Company”) (TSXV:EAU)\n \n (OTC:EGMLF)\n \n \n announces an\nexploration summary of the 30,130-hectare Engineer Gold Mine Property\nnear Atlin, BC.\n \n \n \n Review of the project has shown that in over 100 years of mining\nactivity, the  Engineer Gold Mine Property has only just recently\nbeen managed by one company, due to fractured ownership. With historic\nmining, geology, drilling and sampling programs completed by different\ncompanies throughout the past century, a thorough compilation program\nis underway and will continue through this winter; furthering our\nunderstanding of the property, while developing exploration targets\nfor spring and summer 2023.\n \n \n \n The historic Engineer Gold Mine is a narrow vein past\nproducing underground gold mine that is still accessible. The Company\nis currently in the process to renew a 10,\n \n 000-tonne bulk sample\npermit for the Engineer Mine. This will allow the Company to test mine\nthe underground workings (at an approximate inferred grade of 0.5 to 1\noz/t Au), mill using both gravity and flotation circuits,  and\ngenerate revenue to fund further exploration\n \n (see:\n \n \n \n https://www.bcgoldcorp.com/index_id_127_news_125.html\n \n \n \n )\n \n . Test mining could begin as early\nas 2024 if milling is done onsite.\n \n \n Historically, there are two styles of epithermal gold mineralization\nat the Engineer Gold Mine Property; narrow, high-grade veins (0.3-3m,\n>35 g/t Au) and broad, low-grade shear structures with hydrothermal\nbreccias (0.45 g/t Au over 34m in DDH08-07).\n \n \n In the past 35 years, only 42 drill holes totaling 7,104m have been\ndrilled at the Engineer Mine area itself (excludes Tag, Wann River and\nHappy Sullivan drill programs). The lower limits of the high-grade\nzone at the historic Engineer Mine have not been reached or tested\nunderground, nor adequately along strike. The low-grade target has\npotential to be significant in its size along strike and to depth.\n \n \n \n Exploration targets on the Engineer\nGold Mine Property\n \n \n \n Shear A, currently traced for 6 km, is...