EnGold Commences Drilling at Lac La Hache

Rhea-AI Summary

EnGold Mines (TSXV: EGM) has commenced drilling at its 100% owned Lac La Hache Copper-Gold Property in British Columbia. The property is located within the Quesnel Trough porphyry belt in the southern Cariboo region. The drilling program aims to test potential new copper skarn mineralization southeast of the Spout Copper Deposit, based on artificial intelligence work by ALS GoldSpot Discoveries and geological insights from the exploration team.

EnGold's VP of Exploration, Rob Shives, highlighted the significant potential for new high-grade copper skarn zones at Lac La Hache. The favorable carbonate-rich Nicola stratigraphy horizon, which hosts the Spout and G1 Copper Deposits, underlies much of the property. The drill program is expected to continue through August 2024.

Positive

• Commenced drilling at 100% owned Lac La Hache Copper-Gold Property
• Property located in prolific Quesnel Trough porphyry belt
• Potential for new high-grade copper skarn zones
• Favorable carbonate-rich Nicola stratigraphy horizon underlies much of the property

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - August 13, 2024) - David H. Brett, President & CEO, EnGold Mines Ltd., (TSXV: EGM)  ("EnGold" or the "Company") reports that the Company has commenced drilling at its 100% owned, fully permitted Lac La Hache Copper-Gold Property located within the prolific Quesnel Trough porphyry belt in the southern Cariboo region of BC.

"We are thrilled to be drilling again at Lac La Hache," said EnGold President and CEO David H. Brett. "Management is confident in the potential of the property to grow its resources as well as yield new discoveries."

A series of holes are underway to test potential new copper skarn mineralization southeast of the Spout Copper Deposit indicated by the artificial intelligence work of ALS GoldSpot Discoveries and the geological insight of our exploration team.

"The potential for new high grade copper skarn zones at Lac La Hache is significant," said EnGold VP of Exploration Rob Shives, P.Geo. "The favorable carbonate-rich Nicola stratigraphy horizon that hosts the Spout and G1 Copper Deposits underlies much of the property, and considerable additional drill testing of this potential is warranted."

The drill program is expected to continue for the rest of August.

Rob Shives P.Geo., VP Exploration and a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the technical content of this release.

About EnGold

EnGold is a Vancouver-based copper, gold, silver, and 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 targets within a large porphyry mineralizing system. With world-class infrastructure at its doorstep, Lac La Hache is a great location to be exploring.

EnGold Mines Ltd.

David Brett

President & CEO

For further info contact David Brett, 604-682-2421 or david@engold.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219762

FAQ

What is the purpose of EnGold's current drilling program at Lac La Hache?

EnGold's current drilling program at Lac La Hache aims to test potential new copper skarn mineralization southeast of the Spout Copper Deposit, based on artificial intelligence work and geological insights.

Where is EnGold's Lac La Hache Copper-Gold Property located?

EnGold's Lac La Hache Copper-Gold Property is located within the Quesnel Trough porphyry belt in the southern Cariboo region of British Columbia, Canada.

How long is EnGold's drilling program expected to last?

EnGold's drilling program at Lac La Hache is expected to continue through August 2024.

What is the significance of the Nicola stratigraphy horizon at Lac La Hache?

The carbonate-rich Nicola stratigraphy horizon at Lac La Hache is favorable for copper mineralization and hosts the existing Spout and G1 Copper Deposits, underlining the potential for additional discoveries.