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EnGold Drilling Extends Spout North Zone, Assays Pending
EnGold Drilling Extends Spout North Zone, Assays Pending Canada NewsWire VANCOUV...
About this update from Engold Mines Ltd.
[{"type":"text","content":"\n\n\n\nEnGold Drilling Extends Spout North Zone, Assays Pending\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, July 4, 2018\n\n\n\nVANCOUVER, July 4, 2018 /CNW/ - David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V: EGM, \"EnGold\" or the \"Company\") reports that all three of the six planned drill holes completed to date at EnGold's Lac La Hache Project have successfully intercepted the targeted, previously untested copper-magnetite mineralization at depth within the Spout Deposit. Assays are pending. The fourth hole is now underway.\n\n\n \n \n\n \nThree holes (SL18-179, SL18-180, SL18-181) have now been completed at the vertical Spout North Zone, targeting down-dip extensions of known mineralization, to depths below 400m from surface, each encountering the structure as anticipated.  Previous drilling at Spout North was completed to shallow depths of generally less than 100m along most of the 550m strike length. Two holes have been sampled and are in the lab for analysis on a rush basis, with the third hole now being prepped for shipment.  Three additional holes are planned to further test depth extensions to the Spout North zone, with the fourth hole now underway. \n\n\"The continuity of the Spout North mineralization down-dip is very encouraging,\" said EnGold VP of Exploration Rob Shives, P.Geo. \"Our goal with these significant step-outs is to add potential tonnes to our planned recalculation of the Spout Copper resource using an underground mining model.\"\n\nThe second phase of our summer 2018 drilling program will target the 1800m 'Gap area\" lying between the exciting G1 discovery of 2017 and the Spout deposit.  The 'Gap' is highly prospective for G1 style discoveries, having both the correct geology and important geophysical (gravity, magnetic and induced polarization) signatures.  EnGold management believes the discovery potential of this area should not be understated.\n\n\"I consider the Spout Copper Deposit to be a key building block for potential development at...