David H. Brett, President & CEO, Engold Mines Ltd., reports that EnGold has added seasoned mining executive Warner Uhl, MBA, CRM, PMP, CSO to its advisory board. Warner Uhl's experience in mine and mill construction and commissioning through British Columbia and around the world will provide EnGold's management team with mission-critical advice and insight on the potential future development of the Company's 100% owned [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports broad intervals of high-grade copper assays from two drill holes at the G1 Copper Zone. Also, recently completed hole G20-49 on the southern edge of G1 has encountered mineralization over much thicker than expected intercepts. The G1 Copper Zone is located on EnGold's 100% owned, multi-deposit Copper Gold Lac La Hache Property in the Cariboo region of BC. Figure [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports two drill holes located 20 m on trend from the thickest known part of the G1 Copper Zone have encountered significant widths of mineralization similar in style to hole G17-16, which cut 43.45 m grading 1.31% Cu, 0.20 gpt Au, 4.06 gpt Ag & 31.14% Fe, including 24 m grading 1.67% Cu, 0.29 gpt Au, 5.09 gpt Ag & 34.55% Fe. Vertical hole G20-46, located 20 m northeast [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed a second and final tranche of a $600,000 non-brokered private placement , issuing 3,334,668 flow-through units at a price of $0.075 per unit for gross proceeds of $250,100. The units consist of one flow-through common share and one half of one warrant, whereby each whole warrant will entitle the holder to purchase one non-flow-through [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed a non-brokered private placement of 4,666,667 flow-through units at a price of $0.075 per unit for gross proceeds of $350,000. The units consist of one flow-through common share and one half of one warrant, whereby each whole warrant will entitle the holder to purchase one non-flow-through common share at a price of $0.10 per share for [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has increased the size of its previously announced non-brokered private placement of 4,666,667 flow-through units at a price of $0.075 per unit for gross proceeds of $350,000 to up to 8,000,000 units for gross proceeds of up to $600,000, subject to TSX Venture Exchange acceptance. The units consist of one flow-through common share and one half of [...]
David H. Brett, President & CEO, Engold Mines Ltd. , reports that the Company has arranged a non-brokered private placement of 4,666,667 flow-through units at a price of $0.075 per unit for gross proceeds of $350,000, subject to TSX Venture Exchange acceptance. The units consist of one flow-through common share and one half of one warrant, whereby each whole warrant will entitle the holder to purchase one non-flow-through [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that exploration at the Company's 100% owned Lac La Hache Property in the Cariboo Region of Central BC will resume August 10th, 2020. Activity will include completing the final 200 metres of the Ann North alkalic porphyry target as well as surface follow up of new gold occurrences near the Aurizon Gold Deposit. Other drill targets are being considered for August [...]
David H. Brett, President & CEO, Engold Mines Ltd., "EnGold" or the "Company") reports that the Company has closed a third and final tranche of the non-brokered private placement announced June 12th, 2020, and issuing 10,650,000 units at $0.04 per unit for gross proceeds of $426,000 The units consist of one common share and one warrant, whereby each warrant entitles the holder to purchase one common share at a price of [...]
David H. Brett, President & CEO, Engold Mines Ltd., "EnGold" or the "Company") reports that assays from a number of newly identified gold targets within the Company's 100% owned Lac La Hache Property in the Cariboo Region of Central BC have returned gold values ranging from anomalous to 9.65 gpt gold. A total of 67 bedrock grab samples were collected in early June during the initial follow-up to new B-soil gold anomalies [...]
David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed a second tranche of the non-brokered private placement announced June 12th, 2020, and issued 1,200,000 units at $0.04 per unit for gross proceeds of $48,000. The units consist of one common share and one warrant, whereby each warrant entitles the holder to purchase one common share at a price of $0.07 per share for a period of two [...]
David H. Brett, President & CEO, Engold Mines Ltd. "EnGold" or the "Company"), reports that the Company has closed the first tranche of the non-brokered private placement announced June 12th, 2020, and issued 1,900,000 units at $0.04 per unit for gross proceeds of $76,000. The units consist of one common share and one warrant, whereby warrant entitles the holder to purchase one common share at a price of $0.07 per share [...]
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