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EnGold Starts Geophysical Surveys at Lac La Hache, Outlines Exploration Plans for 2018
EnGold Starts Geophysical Surveys at Lac La Hache, Outlines Exploration Plans for 2018 ...
About this update from Engold Mines Ltd.
[{"type":"text","content":"\n\n\n\nEnGold Starts Geophysical Surveys at Lac La Hache, Outlines Exploration Plans for 2018\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, Feb. 20, 2018\n\n\n\nVANCOUVER, Feb. 20, 2018 /CNW/ - David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V: EGM, \"EnGold\" or the \"Company\") reports that EnGold has commenced Induced Polarization (\"IP\") and Electromagnetic (\"EM\") geophysical surveying at the 2017 discovery area, now called the G1 Copper Zone, at its 100% owned Lac La Hache Property in the Cariboo region of BC. The work will include surface and bore-hole testing at the G1 Copper Zone to assess the effectiveness of IP and EM to detect the known copper-magnetite mineralization. If successful, a larger ground survey will be completed to help refine drill targets along the undrilled 1.8 km gap between G1 and the Spout Deposit, where gravity, magnetic and IP anomalies already show positive responses to the mineralization on surface. The geophysical program is expected to be completed in February 2018 prior to commencement of drilling, expected in March 2018.\n\n\n \n \n\n \n\"The EnGold team is excited about 2018 and looking forward to another year of exploration at Lac La Hache,\" said EnGold CEO David Brett. \"Our goal is to build shareholder value by both expanding and delineating known mineralization and searching for new breakthrough discoveries like 2017's G1 Copper Zone find.\" \n\n\"The similarities between Spout and G1 mineralization suggest common origins, with nearly identical host rocks, alteration, mineralization textures and mineralogy,\" says EnGold VP Exploration Rob Shives. \"Historical IP survey maps for data collected more than three decades ago show positive responses associated with the at-surface ore at Spout, but none over the G1 zone, perhaps due to the depth of the G1 mineralization. We are hopeful that modern surveys, combined with borehole methods, will be more successful, offering additional drill targeting in the immediate G1 area, the gap area, and possibly beyo...