Engineer Gold Drilling Results - Jersey Lilly Vein
Vancouver, B.C. - TheNewswire
- July 31, 2019 -- Engineer
Gold Mines Ltd. (TSXV:EAU) ("Engineer Gold", the "Company") announces
that 4 shallow holes totaling 350 metres have been drilled
along the Jersey Lilly Vein, successfully identifying multi-metre
intercepts of a vuggy, crustiform-colloform quartz-calcite,
"Engineer Vein style" vein zone over a strike length of 55
metres. Drill core logging and sampling is in progress.
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The Company also
announces that drilling has commenced on the 'Engineer TMI'
anomaly, a possible intrusion-hosted gold target located 350
metres northeast of the Jersey Lilly Vein drilling area.
Drill hole 19DDH-ENG005, currently in progress, is targeting
a gold-silver-arsenic-antimony MMI soil anomaly flanking the
180 X 160 metre-wide Engineer TMI Total Magnetic high
geophysical anomaly, situated between the southward
converging 'Shear A' and 'Shear B' structures. Two
additional Phase I drill holes will target the southern end
of the Engineer TMI anomaly, 100 metres to the south, and
the broad 250m2 "BC
Gold" gold-silver-arsenic-antimony MMI soil anomaly near the
Shear A & B intersection, a further 300 metres to the south.
The Company also
announces that mine dewatering of the lowermost 3 mine
levels (Levels 6-8) will commence this week.
Qualified Person
Mr.
Scott Dorion, P.Geo., a 'Qualified Person' (Q.P.) as defined
under Canadian National Instrument NI 43-101, has prepared
and reviewed technical aspects of this news release.
About Engineer Gold Mines Ltd.
Engineer Gold is a recently listed Company focused on the
exploration and development of the 100%-owned, 14,020 ha
Engineer Gold Mine Property, centered on the Historic
high-grade Engineer Gold Mine situated 32 km southwest of
Atlin, B.C. Previous work has identified a small, Inferred
high-grade gold Mineral Resource, numerous high-grade vein
and shear-hosted bulk-tonnage gold exploration targets and a
modest, high-grade gold production opportunity. Engineer
Gold is fully permitted for surface and underground
exploration drilling, small-scale test mining and on-site
milling at the Engineer Gold Mine Property.
For
additional information please visit the company website at www.engineergoldmines.com.
On behalf of the Board of Directors, For
further information, please contact:
Mr. Brian P. Fowler, P.Geo. Nelson
Da Silva
President and Director Manager
Corporate Communications
bfowler@engineergoldmines.com nelson@engineergoldmines.com
(604) 722-0041
Cautionary Note Regarding Forward-Looking Statements
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release contains certain forward looking
statements which involve known and unknown risks, delays,
and uncertainties not under the control of Engineer Gold
Mines Ltd. which may cause actual results, performance or
achievements of Engineer Gold Mines Ltd. to be materially
different from the results, performance or expectation
implied by these forward looking statements. By their
nature, forward looking statements involve risk and
uncertainties because they relate to events and depend on
factors that will or may occur in the future. Actual results
may vary depending upon exploration activities, industry
production, commodity demand and pricing, currency exchange
rates, and, but not limited to, general economic factors.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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