David H. Brett, President & CEO, Engold Mines Ltd., reports that new soil geochemical results from two new survey areas, the Jodie and 8000 grids, reveal multiple gold anomalies in previously unexplored parts of the Company's 100% owned Lac La Hache Property in the Cariboo region of south-central British Columbia. These new soil results are in addition to two previously announced positive surveys, the Aurizon West and [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that, effective immediately, Jeremy Wiebe has stepped down from the board of directors of EnGold due to ongoing and new demands in his professional life. "On behalf of the board of EnGold, I would like to express our deep thanks and much appreciation for Jeremy's years of enthusiastic service and faithful dedication to EnGold," said EnGold President & CEO David [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed a third tranche of the non-brokered private placement announced December 10th, 2019, and issued a further 1,050,000 FT Units for gross proceeds of $89,250. The FT Units consist of one flow-through share and one-half of one warrant, whereby each whole warrant entitles the holder to purchase one non-flow-through common share at a price [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed a second tranche of the non-brokered private placement announced December 10th, 2019, and issued a further 2,352,942 FT Units for gross proceeds of $200,000. The FT Units consist of one flow-through share and one-half of one warrant, whereby each whole warrant entitles the holder to purchase one non-flow-through common share at a price [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed the first tranche of the non-brokered private placement announced December 10th, 2019, and issued 4,705,882 FT Units for gross proceeds of $400,000. The FT Units consist of one flow-through share and one-half of one warrant, whereby each whole warrant entitles the holder to purchase one non-flow-through common share at a price of $0.10 [...]
David H. Brett, President & CEO, Engold Mines Ltd., "EnGold" or the "Company") reports that the Company has arranged a non-brokered private placement of up to 9,000,000 flow-through units at a price of $0.085 per unit for gross proceeds of up to $765,000; and up to 4,000,000 non-flow-through units at $0.06 per unit for gross proceeds of up to $240,000 , subject to the acceptance of the TSX Venture Exchange. The FT Units [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that new soil geochemical surveys at the Scorpio porphyry target and the Aurizon West gold target on the Company's 100% owned Lac La Hache Property have revealed multiple significant anomalies that warrant further exploration. Aurizon Gold Deposit Area At Aurizon West, 441 samples collected on a 25 x 25 metre grid measuring 1,000 metres north-south by 300 metres [...]
David H. Brett, President & CEO, Engold Mines Ltd. reports that EnGold has now received the 3D model of its Lac La Hache Project from VRIFY Technology Inc. discussed in the Company's July 8, 2019 announcement. Also per the July 8th, 2019 the announced shares-for-services agreement with VRIFY , the cost of the services, $12,500, will be paid trough the issuance of 208,333 common shares of Engold at a deemed price of $0.06 [...]
David H. Brett, President & CEO, Engold Mines Ltd., announces that the Supreme Court of British Columbia has rendered its decision with respect to the trial for legal proceedings between the Company and the Estate of former CEO Irvin Eisler . In the Decision, the Court found that the Estate was entitled to $72,500 in damages from the Company for wrongful dismissal. Further, the Company's counterclaim for disgorgement of [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that drill hole AZS19-80 intersected 6.18 gpt gold, 0.8 % copper and 2.63 gpt silver over 4.55 metres, including 13.9 gpt gold, 1.55 % copper and 4.8 gpt silver over 0.72 metres, within the Aurizon South gold structure located on the Company's 100% owned Lac La Hache Property in the Cariboo region of BC. Full results of the two-hole program are tabulated below [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that assay results are pending for 2 drill holes targeting the Aurizon Gold structure, 1500 soil samples collected at Scorpio, Aurizon West, Jodie and 8000 prospects and 91 bedrock samples collected across the 100% owned Lac La Hache Property in the Cariboo region of BC. Both Aurizon holes intercepted the mineralized Aurizon structure at nominal 25 and 50 meter [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed a second tranche of the $500,000 non-brokered private placement of up to 4,545,455 flow-through shares that was announced June 24th, 2019. The Company has issued 750,000 flow-through shares at $0.11 per share for gross proceeds of $82,500 , which is in addition to the first tranche closed July 3rd, 2019 whereby the Company has issued [...]