Engold Mines Ltd. · TSXV:EGM
Engold Mines — VRIC (May 2022)
22 slides from Engold Mines's conference presentation, May 2022
Slide 1: Lac La Hache Project
EnGold ENVIRONMENT. ENGAGEMENT. GOLD. Lac La Hache Project May 2022
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation includes "forward-looking statements and information” All such statements, other than statements of historical facts, that address estimated resource quantities, grades, locations, geometry and contained metals, possible future mining, exploration and dev
Slide 3: Lac La Hache
Lac La Hache Large project (280 km2) in a polymetallic porphyry Cu-(Mo)-Au-Ag District. Open Pit and Underground mining potential. • Excellent infrastructure, easy logistics • Large gold-rich alkalic porphyry copper systems • Skarn/CRD copper-magnetite-gold-silver zones • Two 43-101 Maiden Resource
Slide 4: Geology: Multiple Opportunities, Deposit Types
Geology: Multiple Opportunities, Deposit Types Magnetics: Strong Regional + Local Patterns Mid-Upper Triassic Nicola sedimentary and volcanic rocks host mineral occurrences related to intrusion of alkalic monzodioritic Peach Intrusions, subsequently intruded by Late Triassic to Early Jurassic diorit
Slide 5: Mineralized Corridor
Mineralized Corridor Numerous mineralized zones within large Alkalic Porphyry System, along a 10,000 m trend: • Gold-rich Au-Cu-Ag breccias (Aurizon Deposit, others) • Disseminated Cu-Au-Ag porphyry (Berkey-Ann North, others) Section View • Carbonate replacements (Spout, G1 Zone, (below) Nemrud). In
Slide 6: Spout G1 Zone
G1 – Spout Similarity Spout G1 Zone Yellow: Chalcopyrite Dull black: Magnetite Dark black: Tourmaline White: Carbonate Orange: K-feldspar Bladed Magnetite 17
Slide 7: Spout – G1 Gap Area
Spout – G1 GAP AREA The 1800 m GAP between Spout and G1 remains largely untested, with only a few holes to date. But far more potential lies throughout the southern half of the project, where the Nicola carbonate- rich, potential skarn host lithology continues. 18
Slide 8: G1 – Spout IP Section
G1 – Spout IP Section Spout and G1 produced positive local ground gravity and Induced Polarization (IP) chargeability highs. 2018 drilling tested a continuation of the G1 IP anomaly, with success. DDH 18-42 intersected a “hybrid” mineralized zone, comprising narrow intervals of semi-massive magnetit
Slide 9: Spout & G1 Resources
Spout & G1 Resources Notes: • Prepared by SRK Consulting (Canada) Inc. • Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. All figures are rounded to reflect the relative accuracy of the estimate. • Open pit Mineral Resources are reported at a cut-off grade
Slide 10: G1 Copper Discovery
G1 Copper Discovery New Acquisition Tam Claims 2015 ground gravity test survey showed an anomaly over Spout and a larger anomaly to the southeast. This was drilled in 2016/17, resulting in the G1 Zone Discovery containing semi-massive magnetite, copper, gold and silver. 13
Slide 11: G1 Zone
G1 Zone 50 m step-out pattern, 30 holes to date Stratabound Horizontal 310-350m below surface Approximately 300 m NE-SW x 150 m NW-SE Max true thickness to date 43.5 m grading 1.31 % Cu, requires drill follow-up 2020 14
Slide 12: G1 Zone Selected Assays
EnGold = G1 Zone Selected Assays TSX-V: EGM ENVIRONMENT. ENGAGEMENT. GOLD. DDH From (m) To (m) Ag (g/t) Fe (%) AZS16-01 337.30 363.87 10.29 35.80 including] 343.00 357.00 12.34 36.40 416.00 421.66 5.07 19.70 including] 418.53 419.53 17.10 44.00 G17-03 307.00 313.00 2.20 7.98 337.30 359.00 5.96 30.06
Slide 13: G1 Zone Selected Assays
/EnGold — G1 Zone Selected Assays TSX-V: EGM ENVIRONMENT. ENGAGEMENT. GOLD. | DDH | From(m) [| To(m) | Interval(m) | Cu(%) | Au(e/t) | Ag(e/t) | Fe (%) G17-14_| 277.00 | 281.00 4.00 0.38 0.04 3.00 6.76 309.56 | 314.35 4.79 1.36 0.14 7.24 26.60 including] 311.00 | 313.65 2.6 1.97 0.20 10.82 34.95 Gi7
Slide 14: Deeper hybrid-looking mineralization in DDH GP18-42
Deeper, “hybrid- looking” mineralization in DDH GP18-42 suggest a possible fluid/metal source intrusion east of G1 Deposit. 4
Slide 15: Possible fluid/metal source intrusion east of G1
Does this deeper, “hybrid-looking” mineralization in DDH GP18-42 suggest a possible fluid/metal source intrusion east of G1? YES!! Our most recent drilling in 2020 has demonstrated structurally controlled alteration and mineralization related to the copper skarn/replacements within G1 Main Zone and
Slide 16: Aurizon South Selected Assays
Aurizon South Selected Assays Hydrothermal breccia- hosted gold-silver-copper *All intervals shown are core lengths, as true widths are unknown 8
Slide 17: 2021 Updated Aurizon Resource
2021 Updated Aurizon Resource (OPEN) Notes: 1) The current Mineral Resource Estimate was prepared by Garth Kirkham, P.Geo., of Kirkham Geosystems Ltd. 2) All mineral resources have been estimated in accordance with Canadian Institute of Mining and Metallurgy and Petroleum (“CIM”) definitions, as req
Slide 18: Aurizon 2018 Discovery
Aurizon 2018 Discovery 2018 detailed B-soil sampling produced several new gold anomalies within the western, hanging wall at Aurizon South, not directly associated with the MAIN Quart-VG vein. Prospecting found new quartz veins with high Au, Ag, Cu in grab samples from three locations, as shown belo
Slide 19: Our Simplified Model
Our SIMPLIFIED Model …. The carbonate-bearing Nicola stratigraphy (“limestone”) extends across the Property, offering significant opportunity for additional skarn/replacement deposits similar to Spout (at surface) and G1 (at depth). The Nemrud copper (bornite) prospect may be emplaced within the sam
Slide 20: Share Structure
Share Structure • Issued & Outstanding Shares: 33,681,465 • Stock Options at Average $0.96 363,000 • Warrants at Average $0.75 6,466,416 • Fully Diluted: 34,691,081 2
Slide 21: Management
Management David H. Brett, President, CEO and Director David Brett, MBA, appointed October, 2014, brings to EnGold over 35 years of experience in the mining industry and public company management. David is the former President & CEO of Toronto Stock Exchange listed Cusac Gold Mines Ltd, a BC gold pr
Slide 22: Thank You!
Thank You! EnGold Mines Ltd. Tel: 604-682-2421 President & CEO, David Brett email: david@engold.ca 30