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EnGold Cuts 1.43% CuEq Over 22.4 m Within 38.60 m Interval Grading 1.05% CuEq; New Drilling Discovers G1 Extension to the Southeast with 24 m Intercept Awaiting Assay
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2020) - David H. Brett, President &a...
About this update from Engold Mines Ltd.
[{"type":"text","content":"EnGold Cuts 1.43% CuEq Over 22.4 m Within 38.60 m Interval Grading 1.05% CuEq; New Drilling Discovers G1 Extension to the Southeast with 24 m Intercept Awaiting AssayVancouver, British Columbia--(Newsfile Corp. - October 6, 2020) - David H. Brett, President & CEO, EnGold Mines Ltd., (TSXV: EGM) (\"EnGold\" or the \"Company\") reports broad intervals of high-grade copper assays from two drill holes at the G1 Copper Zone. Also, recently completed hole G20-49 on the southern edge of G1 has encountered mineralization over much thicker than expected intercepts. The G1 Copper Zone is located on EnGold's 100% owned, multi-deposit Copper Gold Lac La Hache Property in the Cariboo region of BC. Figure 1To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/2268/65308_b47e1695e4d15b93_002full.jpgHole G20-46, located 20 m northeast of hole G17-16, cut 15.43 m grading 1.6% Copper Equivalent (CuEq)* within a broader 34.46 m mineralized interval grading 1.02 % CuEq. Hole G20-47, located 20 m southeast of G17-16, cut 22.4 m grading 1.43 % CuEq within a broader 38.6 m interval grading 1.05 % CuEq. Hole G20-48, collared 20 m northwest of G17-16, encountered a narrow vertical intrusive dike throughout the expected mineralized interval and was not sampled. Holes G20-46 and G20-47 have successfully confirmed extension of mineralization encountered in G17-16, which cut 43.45 m of 1.54% CuEq. A full table of the results is inserted below. All reported intervals are believed to be true widths.Table 1: Assays and calculated copper equivalent values for selected intervals, G1 Zone.DDHFrom (m)To (m)Interval (m) Cu (%)Au (g/t)Ag (g/t)Fe (%)Copper Eq.*New Sept 2020 Drill ResultsG20-46305.77340.2334.460.880.122.7220.651.02including305.77321.2015.431.370.204.2232.031.60including339.50340.230.731.840.238.1030.202.14G20-47293.80332.4038.600.930.102.8420.031.05including293.80298.404.601.290.114.3626.911.44including310.00332.4022.401.290.131.7624.711.43including310.00318.708.701.920.216.7834.172.19including312.00316.004.002.380.259.1537.702.71Copper Equivalent Grades for Selected Previously Announced Drill ResultsG16-01337.30363.8726.571.760.2710.2935.802.12including343.00357.0014.002.090.2712.3436.402.48416.00421.665.661.140.235.0719.701.41including418.53419.531.004.490.9417.1044.005.55G17-03337.30359.0021.701.220.175.963...