David H. Brett, President & CEO, Engold Mines reports that four additional drill holes have been completed in its step-out program near the copper-gold-silver mineralization discovered earlier in 2017 at the Company's 100% owned Lac La Hache property in the Cariboo region of British Columbia. Hole G17-16, located 142 metres (m) northeast of discovery hole G16-01, intersected a 43 m intensely mineralized skarn-type zone [...]
David H. Brett, President & CEO, Engold Mines reports assay results from 5 holes within the step-out drilling program designed to follow-up the previously announced copper, gold, silver, magnetite discovery drill hole G16-01. The results confirm significant mineralization to the north of G16-01, with hole G17-11, located 50 m north of G16-01, cutting 11.04 m grading 1.16 % Cu, 0.12 gpt Au, 6.19 gpt Ag and 27.44 % Fe, and [...]
David H. Brett, President & CEO, Engold Mines reports assay results from two holes within the step-out drilling program designed to follow-up the previously announced copper, gold, silver, magnetite discovery drill hole G16-01. The area is located 1.8 km south of the Spout Skarn Deposit at the Company's 100% owned Lac La Hache Property in the Cariboo region of British Columbia (the "Property"). Drill holes G17-07 & G17-08 [...]
David H. Brett, President & CEO, Engold Mines reports that EnGold has completed two step-out drill holes collared 50 metres south of the Company's skarn-style copper, gold, silver discovery on its 100% owned Lac La Hache Property, and two additional step out holes are now underway. Holes G17-07 & G17-08 were targeted to pierce the zone 50 m south of holes G17-03 & G17-04, and holes G17-09 & G17-10 are testing 50 m east [...]
David H. Brett, President & CEO, Engold Mines reports a new, 10,000 metre, 20 hole next phase of drilling is now underway following up on its initial series of four holes at the copper, gold, silver discovery area at the Company's 100% owned Lac La Hache Property in the Cariboo region of British Columbia. Also, EnGold has received assays from Aurizon Gold drill hole AZS 17-64, hole G17-02, and lower, secondary intercepts [...]
VANCOUVER, BC / ACCESSWIRE / April 12, 2017 / David H. Brett, President & CEO, Engold Mines Ltd., (TSX-V: EGM) ("EnGold") reports that EnGold has closed a non-brokered private placement of 4,000,000 flow-through ("FT") units at $0.50 per unit (the "Units") for gross proceeds of $2,000,000. The Units consist of one FT share and one warrant to purchase one non-FT common share at a price of $0.60 for a period of two years [...]
David H. Brett, President & CEO, Engold Mines, reports that drill holes G17-03 & G17-04 returned assay values of 21.70 metres grading 1.22% copper, 0.17 grams per tonne gold, 5.96 gpt Silver and 12.2m grading 1.82% copper, 0.41 gpt gold, 9.96 gpt silver, respectively, at the Company's 100% owned Lac La Hache Property in the Cariboo region of British Columbia (the "Property"). Hole G17-03 was collared 50m east of discovery [...]
David H. Brett, President & CEO, Engold Mines reports that newly collected gravity survey data indicates two new highly anomalous zones in the vicinity of the Company's recent copper-rich drill holes on its 100% owned Lac La Hache Property. No previous drilling has been completed in the area of the new anomalies. The most significant of the new anomalies is located approximately 2.5 kilometers northwest of discovery hole [...]
VANCOUVER, BC / ACCESSWIRE / April 3, 2017 / David H. Brett, President & CEO, Engold Mines Ltd., (TSX-V: EGM) ("EnGold") reports that EnGold has arranged a non-brokered private placement of 4,000,000 flow-through ("FT") units at $0.50 per unit (the "Units") for gross proceeds of $2,000,000, subject to the approval of the TSX Venture Exchange. The Units will consist of one FT share and one warrant to purchase one non-FT [...]
David H. Brett, President & CEO, Engold Mines reports that the two drills exploring a new copper/silver/gold discovery at its 100% owned Lac La Hache Property have both intersected broad intervals of intensely mineralized material that is visually similar to the discovery hole G16-01. Holes G17-03, collared 50 metres ("m") east of discovery hole G16-01, & G17-04, collared 50 m west of G16-01, intersected 24 m and 13 m [...]
David H. Brett, President & CEO, Engold Mines reports additional assays from the bottom of discovery hole G16-01 and that the Company has completed the second of several planned follow-up drill holes. The Company is moving a second drill rig from Aurizon to the new area, and has commenced detailed gravity surveying. As previously reported (March 1, 2017), DDH G16-01 targeted a large new gravity/magnetic anomaly located [...]
David H. Brett, President & CEO, Engold Mines reports that, subject to the approval of the TSX Venture Exchange, the board of directors has approved the granting of stock options to directors, employees and consultants to purchase 3,710,000 common shares at a price of $0.40 for a period of up to four years. The Options will be subject to vesting restrictions whereby the Options will vest 1/3rd per year commencing 12 [...]
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