The Prospector News

EnGold Intersects 7.5 gpt Gold Over 1.5 Metres at “Road Gold” at Lac La Hache

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

EnGold Intersects 7.5 gpt Gold Over 1.5 Metres at “Road Gold” at Lac La Hache

 

 

 

 

 

David H. Brett, President & CEO, EnGold Mines Ltd. (TSX-V: EGM) reports that the Company has received drill core assays with the highest gold value to date within the new Road Gold zone within its 100% owned Lac La Hache Property in the Cariboo region of BC, with drill hole R21-03 cutting 7.51 gpt gold over 1.5 m (59 – 60.5 m). The Company plans to continue targeting Road Gold when the wildfire risk in the region subsides and its exploration program resumes.

 

“The results at Road Gold continue to improve despite the drilling challenges within the faulted, altered, mineralization,” says Rob Shives, EnGold VP Exploration. “We have yet to reach the targeted depth projection of the surface showing in our drilling, and that exposed surface showing is believed to only partially represent the real width of the zone as indicated geophysically. The potential to discover another gold-rich, copper-gold-silver structure similar to our Aurizon South Deposit, continues to grow.”

 

As previously reported (see June 24 and July 16 news) at the time of shutdown due to fire risk in early July, drilling was underway at the Road Gold hydrothermal breccia, gold-copper-silver target discovered in fall, 2020. Two previous drilling attempts failed to reach the targeted depths due to extremely broken, faulted ground, but intersected up to 3.9 gpt gold over 2 m. The 2021 program has similarly been challenged by bad ground, with the third hole (DDH R21-03) once again abandoned at only 60.5 m in very encouraging alteration and mineralization observed as chalcopyrite, bornite, chalcocite and pyrite. Assays from R21-03 reveal anomalous values at shallow depths, including 0.53 gpt gold over 1.5 m (37.5 – 39 m), 0.43 gpt gold over 2 m (49 – 51 m) and the best-to-date Road Gold assay at the very bottom of the hole, 7.51 gpt gold over 1.5 m (59 – 60.5 m).

 

“The strong gold values at Road Gold underscore why this target is a high priority for EnGold,” said EnGold President & CEO David H. Brett. “We anticipate a significant drill program there in addition to the deep porphyry drilling that will get underway once fire conditions permit.”

 

About EnGold

 

EnGold is a Vancouver-based copper, gold, silver, magnetite exploration company focused solely on its 100% owned Lac La Hache property in the Cariboo region of BC which hosts the Spout Copper Deposit, the Aurizon Gold Deposit and the G1 Copper Deposit and other exploration targets within a large porphyry mineralizing system. With world class infrastructure at its doorstep, Lac La Hache is a great location to be exploring.

 

Posted August 10, 2021

Share this news article

MORE or "UNCATEGORIZED"


Provenance Gold Announces and Closes Substantially Oversubscribed $1.5 Million Private Placement

Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) is pleased to ann... READ MORE

October 22, 2021

Omai Drilling Continues to Outline Gold Mineralization in Multiple Shears Extending Below the Wenot Pit, including 16.8 g/t over 6 metres and 4.6 g/t over 20 metres

Omai Gold Mines Corp. (TSX-V: OMG) is pleased to report additiona... READ MORE

October 22, 2021

Emerita Intersects 8.2 Meters Grading 2.5% Copper, 17.3% Zinc, 8.7% Lead, 223.5g/t Silver, 0.5g/t Gold in Initial Step-Out Drill Hole at La Infanta Drill Program

Emerita Resources Corp. (TSX – V: EMO) (OTC: EMOTF) announces ... READ MORE

October 22, 2021

Aurania Resources Announces Closing of $2.26 Million Concurrent Private Placement

Aurania Resources Ltd. (TSX-V: ARU) (FSE: 20Q) announces that it ... READ MORE

October 22, 2021

Bonterra Announces Closing of $11.66 Million Private Placement

Bonterra Resources Inc. (TSX-V: BTR) (OTCQX: BONXF) (FSE: 9BR2) i... READ MORE

October 22, 2021

We acknowledge the [financial] support of the Government of Canada.

Government of Canada Supported
Copyright 2021 The Prospector News