EnGold Mines Ltd.

David H. Brett, President & CEO, Engold Mines Ltd. , reports that the Company has arranged a non-brokered private placement of up to 12,000,000 common share units at a price of $0.04 per unit for gross proceeds of up to $480,000, subject to the acceptance of the TSX Venture Exchange. The Units will consist of one common share and one warrant, whereby each warrant will entitle the holder to purchase one common share at a [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has identified visible gold in bedrock at two new exploration targets on the Company's 100% owned Lac La Hache Property in the Cariboo Region of Central BC . The new finds were made during prospecting of gold, polymetallic soil anomalies defined in 2019 within previously unexplored areas. Assays are being rushed and follow up work on the new [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that exploration crews have resumed work at the Company's 100% owned Lac La Hache Property in the Cariboo Region of Central BC. Prospecting of new gold, polymetallic soil anomalies discovered in 2019 is underway and drilling of the Ann North deep drill hole AN20-01 will resume when wet ground conditions improve, allowing access. The work is expected to be [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that assay results from the first 604 metres of its planned 800 m Ann North drill hole on EnGold's 100% owned Lac La Hache Property in the Cariboo Region of Central BC have returned anomalous copper, gold and molybdenum results, confirming the metalliferous nature of the porphyry environment. Assay values correlate with alteration and fracturing intensity [...]

David H. Brett, President & CEO, Engold Mines Ltd., , "EnGold" or the "Company") reports that 174 drill core samples have been collected from 339 of 604 metres drilled to date within the previously announced deep drill hole at the Ann North area of EnGold's 100% owned Lac La Hache Property in the Cariboo Region of Central BC. Hole AN20-01 was paused at a depth of 604 m, before its planned depth of 800 m, due to possible [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that the board of directors has approved the granting of incentive stock options to directors, employees and consultants to purchase 2,630,000 common shares at a price of $0.10 for a period of three years , subject to the approval of the TSX Venture Exchange. The Options are to replace 2,180,000 granted in 2017 that have expired, plus a new grant to a newer [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that drilling is now underway at EnGold's 100% owned Lac La Hache Property in the Cariboo Region of Central BC. The Company's first hole of 2020 will be the deepest in the history of the property, with a planned depth of 800 metres. Encouraging results from past shallow drilling, geophysical data and geological modeling indicate potential for a gold-rich alkalic [...]

David H. Brett, President & CEO, Engold Mines Ltd., "EnGold" or the "Company") reports that EnGold has engaged the international firm SRK Consulting to complete an updated Mineral Resource estimate for the Spout Lake Deposit and a Maiden Resource estimate for the G1 zone at EnGold's 100% owned Lac La Hache Property in the Cariboo region of BC. Both Spout and G1, located within 2km of each other, are copper, gold, silver [...]

David H. Brett, President & CEO, Engold Mines Ltd. , reports that EnGold has acquired an option to purchase 100% of the Tam Property which comprises 875 hectares of mineral claims adjoining the Company's Lac La Hache Property directly to the east of the Aurizon Gold Deposit. The Tam Property hosts a number of prospective targets lying on-trend with the main 7- km exploration corridor that hosts the Spout, G1, Aurizon [...]

David H. Brett, President & CEO, Engold Mines Ltd., reports that the Company has closed the a further tranche of the non-brokered private placement announced December 10th, 2019, and issued 833,333 Non-Flow-Through Units at a price of $0.06 per NFT Unit for gross proceeds of $50,000. The NFT Units consist of one common share and one warrant, and each warrant entitles the holder to purchase one common share at a price of [...]