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Be the first with the news that moves the market- EnGold Mines (TSXV:EGM) has revealed results from a grab sample program at the Lac La Hache Property in British Columbia
- The company conducted 67 grab samples from a ditch near a drilling road on the site
- Results from the samples went as high as 9.65 grams per tonne gold
- Previous drilling at the site, performed 160 metres from the grab sampling program, returned results as high as 263 grams per tonne of gold
- Before the market opens, EnGold Mines (EGM) is trading at C$0.05 per share
EnGold Mines (TSXV:EGM) has revealed results from a grab sample program at the Lac La Hache Property in British Columbia.
The bedrock grab sampling program on the property returned results as high as 9.65 grams per tonne of gold.
EnGold collected 67 samples in June, following up from its 2019 geochemical survey work at the site.
The prospecting work was done in a ditch dug beside an access road on the property. One 30 metre section returning eight samples that assayed for gold above cut off grades.
The sampling zone is 160 metres north of veins drilled in the 2018 to 2019 program. The previous drill program hit results as high as 263 grams per tonne gold.
EnGold’s President and CEO, David H Brett said finding new gold-bearing structures based on visual anomalies in road cuts was reshaping the exploration approach in the area.
Meanwhile, Rob Shives, Vice President of Exploration, believes the new quartz veins discovered represented brittle fracturing of the hanging wall, above a hydrothermal breccia on the site.
“We previously found that the width and metal tenors of the breccia diminished in the upper 150 metres or so, so the possibility that the gold-related vilification extends upwards into the overlying host intrusion at surface offers additional potential.
“We look forward to sampling more veins, and hope to extend the zone to the east,” he said.
Before the market opens, EnGold Mines (EGM) is trading at C$0.05 per share.
