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EnGold Intersects 7.5 gpt Gold Over 1.5 Metres at "Road Gold" at Lac La Hache
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2021) - David H. Brett, President &a...
About this update from Engold Mines Ltd.
[{"type":"text","content":"EnGold Intersects 7.5 gpt Gold Over 1.5 Metres at \"Road Gold\" at Lac La HacheVancouver, British Columbia--(Newsfile Corp. - August 10, 2021) - David H. Brett, President & CEO, EnGold Mines Ltd. (TSXV: EGM) (\"EnGold\" or the \"Company\"), reports that the Company has received drill core assays with the highest gold value to date within the new Road Gold zone within its 100% owned Lac La Hache Property in the Cariboo region of BC, with drill hole R21-03 cutting 7.51 gpt gold over 1.5 m (59 - 60.5 m). The Company plans to continue targeting Road Gold when the wildfire risk in the region subsides and its exploration program resumes.\"The results at Road Gold continue to improve despite the drilling challenges within the faulted, altered, mineralization,\" says Rob Shives, EnGold VP Exploration. \"We have yet to reach the targeted depth projection of the surface showing in our drilling, and that exposed surface showing is believed to only partially represent the real width of the zone as indicated geophysically. The potential to discover another gold-rich, copper-gold-silver structure similar to our Aurizon South Deposit, continues to grow.\" As previously reported (see June 24 and July 16 news) at the time of shutdown due to fire risk in early July, drilling was underway at the Road Gold hydrothermal breccia, gold-copper-silver target discovered in fall, 2020. Two previous drilling attempts failed to reach the targeted depths due to extremely broken, faulted ground, but intersected up to 3.9 gpt gold over 2 m. The 2021 program has similarly been challenged by bad ground, with the third hole (DDH R21-03) once again abandoned at only 60.5 m in very encouraging alteration and mineralization observed as chalcopyrite, bornite, chalcocite and pyrite. Assays from R21-03 reveal anomalous values at shallow depths, including 0.53 gpt gold over 1.5 m (37.5 - 39 m), 0.43 gpt gold over 2 m (49 - 51 m) and the best-to-date Road Gold assay at the very bottom of the hole, 7.51 gpt gold over 1.5 m (59 - 60.5 m).\"The strong gold values at Road Gold underscore why this target is a high priority for EnGold,\" said EnGold President & CEO David H. Brett. \"We anticipate a significant drill program there in addition to the deep porphyry drilling that will get underway once fire conditions permit.\"About EnGoldEnGold is a Vancouver-based copper...