High Grade Copper-Gold-Silver Discovery in BC

In February 2017, EnGold drilled a vertical hole to test a new geophysical anomaly in an unexplored part of the Lac La Hache Project. The hole intersected a 27 m thick zone (true width) containing semi-massive magnetite (>40 % magnetite) and chalcopyrite (1.76 % Cu, with 14 m exceeding 2 % Cu). The new zone is horizontal, stratabound, and we believe it occurs within the down-dip extension of the same rocks which host our Resource at Spout Deposit, located 1800 m to the NW of the new hole.

The intersection also contains substantially higher gold (0.27 gpt over 27 m) and silver (10 gpt over 27 m) than at Spout. EnGold believes this first-ever hole in the area represents a new discovery, based on thickness and tenor of the material, and size potential indicated by the related geophysical (gravity and magnetic) signatures.

These exciting results prompted EnGold to bring a second drill on-site, and numerous other broad mineralized intercepts were encountered, including hole G17-16 which intersected 43.5 m grading 1.3 % Cu. The mineralization style and uniformity of grade throughout each intersection is impressive.

Highlights from drilling to date include:

DDH From (m) To (m) Interval (m) Cu (%) Au (g/t) Ag (g/t) Fe (%)
AZS16-01 337.30 363.87 26.57 1.76 0.27 10.29 35.80
including 343.00 357.00 14.00 2.09 0.27 12.34 36.40
416.00 421.66 5.66 1.14 0.23 5.07 19.70
including 418.53 419.53 1.00 4.49 0.94 17.10 44.00
G17-02 326.60 336.00 9.40 0.27 0.03 1.34 12.32
410.85 414.25 3.40 1.24 0.33 8.86 22.34
G17-03 307.00 313.00 6.00 0.33 0.04 2.20 7.98
337.30 359.00 21.70 1.22 0.17 5.96 30.06
including 343.00 349.00 6.00 1.76 0.16 8.00 34.23
376.95 387.05 10.10 0.51 0.05 4.15 16.05
G17-04 336.00 348.20 12.20 1.82 0.41 9.96 32.49
including 336.00 342.00 6.00 2.18 0.46 12.13 34.87
423.83 425.12 1.29 0.70 0.06 5.50 21.30
G17-07 351.25 357.3 6.05 1.01 0.18 8.02 24.25
including 352.5 355.65 3.15 1.43 0.31 12.60 28.18
G17-08 335.82 349.2 7.08 0.39 0.10 3.33 15.23
including 337 340.77 3.77 0.74 0.13 4.57 16.95
G17-09 95.00 98.80 3.80 0.53 0.18 6.39 15.30
including 95.00 96.00 1.00 1.05 0.36 11.90 26.40
231.00 247.00 16.00 0.38 0.06 1.36 8.16
including 239.00 241.00 2.00 1.35 0.07 2.00 15.50
263.00 268.00 5.00 0.49 0.08 2.18 7.04
288.00 298.55 10.55 1.10 0.27 5.53 5.81
including 289.55 294.00 4.45 2.02 0.57 10.31 6.21
including 289.55 290.00 0.45 12.35 4.48 66.40 13.85
332.75 334.00 1.25 0.61 0.03 2.80 9.60
G17-10 336.45 338.80 2.35 0.53 0.07 2.90 12.75
G17-11 321.96 333.00 11.04 1.16 0.12 6.19 27.44
including 323.00 331.00 8.00 1.50 0.16 7.73 31.58
G17-12 330.00 333.50 3.50 0.49 0.09 4.51 7.21
G17-13 318.75 337.00 18.25 1.22 0.14 5.27 26.70
including 328.00 334.00 6.00 1.92 0.18 8.23 30.27
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 2.65 1.97 0.20 10.82 34.95
G17-15 92.00 93.00 1.00 2.14 0.38 30.10 8.66
102.33 104.33 2.00 2.06 0.34 9.40 8.59
including 102.33 103.33 1.00 3.35 0.59 14.10 8.78
G17-16 46.50 64.00 13.50 0.33 0.08 2.69 8.21
124.45 125.50 1.05 0.58 0.13 4.80 11.65
G17-16 293.00 336.45 43.45 1.31 0.20 4.06 31.14
including 293.00 296.80 3.80 2.01 0.23 6.09 34.16
including 302.00 326.00 24.00 1.67 0.29 5.09 34.55
G17-17 250.00 281.00 31.00 0.46 0.05 3.26 7.78
including 250.00 264.00 14.00 0.48 0.12 3.26 8.58
including 269.00 281.00 12.00 0.54 0.06 2.12 7.66
G17-17 303.62 305.02 1.40 1.12 0.19 4.80 29.80
308.14 323.22 15.08 0.72 0.11 3.28 21.23
including 317.00 323.22 6.22 1.19 0.18 5.84 27.80
G17-18 313.07 316.84 3.77 0.33 0.05 1.46 26.05
including 313.07 313.96 0.89 0.53 0.11 2.40 20.47

EnGold Lac La Hache 3D Modeled Airborne