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Increase in Size of Land Package at Engineer Gold Mine Property
(via TheNewswire) August 6, 2020 - TheNewswire - Vancouver, BC - Engineer Gold Min...
About this update from Engineer Gold Mines Ltd.
[{"type":"text","content":"Increase in Size of Land Package at Engineer Gold Mine Property(via TheNewswire)\n \n \nAugust 6, 2020 - TheNewswire - Vancouver, BC - Engineer Gold Mines Ltd. (the \"Company\") (TSXV:EAU) announces the acquisition of an additional 3,213 hectares in the area of the Engineer Gold Mine property, 32 km southwest of Atlin, BC. The newly acquired claims increase the total land package at the Engineer Gold Project to 18,319 hectares over a 25 km trend. Visit the Company's website at www.engineergoldmines.com/news to view an accompanying property map to this news release.\n\n \n \nCompany President Andrew H. Rees commented \"Management and our exploration team are excited to have expanded the high-grade epithermal Engineer Gold Project along a 25 km trend in northwestern British Columbia.\"\n\n \n \nMr. Rees continued by stating \"The southern portion of the Engineer Project contains the Wann River prospect that includes the Discovery Trench, where historic samples returned grades of 263 g/t gold \"Au\". The centerpiece of the Project, 4 km north of Wann River is the high-grade Engineer Gold Mine that produced 18,000 oz Au averaging 39 g/t and selected grab samples from levels 5, 6, 7 and 8 in underground workings reportedly assayed 44,142 g/t Au, 12,720 g/t Au, 3,180 g/t Au and 547 g/t Au, respectively. Three km north of the Engineer Mine is the Happy Sullivan prospect where an historic sample reportedly assayed 3,257 g/t Au. Six km further north of the Engineer Mine is the newly acquired Tag deposit with an historic mineral resource estimate that the company will endeavour to re-classify as a current mineral resource upon completion of future work programs.\"\n\n \n \nIn closing Mr. Rees stated, \"Now that the Company has acquired the land it deems important to the Engineer Gold Project, and with gold prices recently breaking record highs, we will immediately focus on obtaining the necessary approvals to complete high-grade (+1 oz/t Au) annual bulk samples utilizing the Company's operational mill in place. The Company's objective will be to leverage bulk sampling operations to proceed with project wide exploration on what could be a significant epithermal gold project.\"\n\n \n \nThe newly acquired claims are primarily centered on Golden Mountain to cover the continuation of significant structures at the recently examined Happy Sulli...