EnGold Mines Ltd.

David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has arranged a non-brokered private placement of up to 2,000,000 flow-through units at $0.14 per unit, whereby each unit will consist of one flow-through common share and one warrant to purchase one non flow-through share at a price of $0.20 for a period of one year for gross proceeds of $280,000, subject to the approval of the TSX Venture [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that recent new Induced Polarization geophysical surveying has resulted in the identification of a new and compelling drill target at the Company's 100% owned Lac La Hache copper, gold, silver property in the Cariboo region of BC. A high intensity and large IP chargeability anomaly located approximately 1000 m east of the G1 Copper Zone presents an undrilled [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports encouraging gold values in bedrock grab samples, up to 25.6 gpt gold, from a recently discovered quartz-rich, well mineralized structure near the Aurizon South Gold deposit on the Company's 100% owned Lac La Hache copper, gold, silver property in the Cariboo region of BC. Bedrock grab samples collected along a 50 metre strike length exposed to date returned [...]

 David H. Brett, President & CEO, Engold Mines Ltd., reports new drill core assays, soil sample assays and IP geophysical results from the Company's 100% owned Lac La Hache copper, gold, silver property in the Cariboo region of BC. Anomalous gold values from a soil geochemical survey near the Aurizon Gold Deposit has led to discovery of a deeply oxidized, quartz-pyrite-chalcocite-native copper bearing structure, now [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that in light of the encouraging 63 metre variably copper mineralized intercept encountered in hole GP18-42 , EnGold has commenced a 9 line-kilometer induced polarization survey to build on the positive results of the reconnaissance IP work carried out earlier in 2018 at the Company's 100% owned Lac La Hache copper, gold silver property in the Cariboo region of [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company's now completed six-hole, 2,961 metre 2018 drill program at the Spout North Copper Deposit has added significantly to the depth potential of the mineralization, intersecting high grade copper up to 430 metres from surface. Assays from the remaining three drill holes, tabulated below, include 1.9% copper, 0.37 gpt gold, and 7.31 gpt silver over [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that the second drill hole of the Company's current campaign testing new geophysical targets within the "Gap Area" encountered a 63 m mineralized intersection. GP18-42 core lengths are not true widths as the geometry of the new zone has not yet been determined. The current Gap Area drilling is targeting combined results from ground gravity, deep IP and magnetic [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed the second and final tranche of its brokered private placement with Canaccord Genuity Corp. acting as agent . The Company has issued 373,333 Flow-Through Units at $0.30 per Flow-Through Unit for gross proceeds of $111,999.90, and 77,000 Common Units at $0.26 per Common Unit for gross proceeds of $20,020.00. The Agent's commissions and [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that drilling is now underway in the highly prospective 1,800 metre Gap Area between the G1 Copper Zone to the southeast and the Spout Copper Deposit to the northwest, targeting geophysical anomalies that indicate potential for new high-grade copper mineralization. At Spout North, six holes totalling 2,961 metres have successfully extended the high-grade, near [...]

VANCOUVER, July 12, 2018 /CNW/ - David H. Brett, President & CEO, Engold Mines Ltd., reports assay results from the first three of six drill holes designed to test copper-magnetite mineralization at depth within the Spout Copper Deposit.  DDH SL18-181 encountered an 8.8m intersection grading 3.26 % copper, 0.83 gpt gold, 16.9 gpt silver and 26.7 % Fe.  Drilling at Spout North continues. As announced July 4, three holes [...]