The firm said 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 surface copper mineralization drilled previously to depths of more than 400 m below surface, along a strike length of approximately 550 metres. Assay results for the first three drill holes were previously reported (July 12, 2018) and included 3.3 % copper over a core length of 8.8 metres in DDH SL18-181 at 419.8 to 428.6 m downhole.
Regarding the Gap Area drilling, EnGold VP Exploration Rob Shives, P.Geo., stated: “The Spout and G1 zones lie approximately 1800 metres apart and contain magnetite-copper in carbonate replacements with similar mineralogy, textures, host-rock lithology and grades, with numerous intersections of 1.0 to 2.0 percent copper over true widths from 3 to 43 metres. At Spout, the mineralization comes right to surface and produces strong positive magnetic, gravity and induced polarization (IP) anomalies. The semi-massive high-grade mineralization at G1 is deeper, (316 metres from surface to the top of the Zone in the discovery hole) and was discovered using gravity data, but produces relatively weaker magnetic and IP anomalies due to the zone depth. However, deep-IP surveying completed earlier this year shows positive modelled responses in both chargeability and resistivity along a single line completed across Spout and G1 Zones, in the area we refer to as the “gap”, where no previous exploration drilling has been completed. These new anomalies, in combination with airborne magnetic and ground gravity patterns, provide several compelling targets that we are now drill testing in the Phase 2 Program.”
“EnGold is now entering the most exciting phase of its 2018 drilling campaign,” said EnGold CEO David Brett. “We believe there is strong potential to find new mineralization similar to the high-grades over the significant widths we found at G1 in 2017.”
Source: Company Press Release
