- EnGold Mines (EGM) has said it will resume exploration work on August 10, 2020, at its wholly owned Lac La Hache property in central British Columbia
- The company intends to complete the final 200 metres of the Ann North target as well as follow-up surface work near the Aurizon Gold Deposit
- Work at the Ann North target was suspended following the onset of COVID-19 and was sustained due to wet ground conditions
- The company is also expecting to receive its Spout and G1 resource calculations, which were delayed due to the virus pandemic
- EnGold Mines (EGM) is currently steady at seven cents per share
EnGold Mines (EGM) has said it will resume exploration work this week at its wholly owned Lac La Hache property in British Columbia.
Located in the prolific Cariboo region, the Lac La Hache Property covers a total of 25,750 hectares featuring several drilled prospects.
The site contains the recently discovered Copper Skarn Zone, the Aurizon Gold-Silver-Copper Zone, the Spout Magnetite-Copper Deposit and the Berkey Porphyry Prospect.
EnGold believes that these deposits suggest the presence of a large, alkalic porphyry-copper system. The discoveries were identified during the prospecting of gold and polymetallic soil anomalies that were defined last year.
The company suspended work at the Ann North alkalic porphyry target in March at the onset of COVID-19. This suspensions was then extended due to unseasonably wet conditions that prevented access to the site.
Now, however, EnGold intends to complete the final 200 metres of the Ann North target, as well as follow-up surface work at recently identified gold occurrences near the Aurizon Gold Deposit.
Other drill targets are being considered for August, the details of which will be released once they have been confirmed.
David Brett, CEO of EnGold Mines, said he is pleased to be resuming work at the Lac La Hache property.
“Our immediate focus is the gold discovery potential of both the Ann North alkalic porphyry environment and the Aurizon Gold hydrothermal breccia area, where we are finding new gold occurrences,” he added.
EnGold also noted that it is expecting to receive its Spout and G1 resource calculations later this year, which were delayed as a result of COVID-19.
EnGold Mines (EGM) is currently steady at C$0.07 per share at 10:28am EDT.