Engineer Gold Mines Ltd. (TSX-V: EAU | OTC: EGMLF | WKN: A3EEVJ) announced that crews, supplies, and equipment have arrived on site at its 100% owned Engineer Gold Project, located 30 kilometres southwest of Atlin in northwestern British Columbia. The crews will re-establish and rehabilitate the two 20-person camps at its Engineer Mine Project and at the TAG Project to expand its 2026 exploration programs. Both camps are already in place and fully built but have not been used since 2009 (TAG) and 2021 (Engineer).
Spiro Kletas, President and CEO, commented, “We are very excited to re-establish the camps at the Engineer and TAG project sites. The fact that both camps are already in place, built and paid for, is an enormous advantage for Engineer Gold Mines and our shareholders. This will allow the Company to have full teams at both sites very shortly and will enable the Company to expedite our exploration programs.”
The Engineer Gold Project encompasses approximately 18,319 hectares and is subdivided into three principal target areas: the Engineer Gold Mine, the TAG Property, and the Wann River prospect. The historic Engineer Gold Mine is a past-producing, underground gold-silver operation with historical production between 1910 and 1952 totalling approximately 14,263 tonnes grading 39.4 g/t gold and 19.5 g/t silver (BC Minfile 104M014). In 2011, an historical Inferred Mineral Resource was completed (Snowden, 2011, amended and restated in 2018, O’Brien et al - www.sedarplus.ca), based on a 5.0 g/t gold cut-off, giving an inferred 25,000 ounces of gold at a grade of 19 g/t. A thorough review of all historic data and additional exploration, including diamond drilling, is required to confirm results and produce a current mineral resource estimate.
The TAG Property, located approximately 6 kilometres north of the historic Engineer Mine, is associated with a 6km long structurally controlled mineralized system related to splays off of the Llewellyn Fault. Significant historical diamond drill intervals from TAG include: Hole TAG06-23 which assayed 1.7 g/t Au and 5.1 g/t Ag over 26.7 m; hole TAG07-29 which assayed 1.3 g/t Au and 5.9 g/t Ag over 35.0 m; TAG08-51 which assayed 1.8 g/t Au and 7.4 g/t Ag over 24.3 m; and TAG08-59 which assayed 1.5 g/t Au and 8.05 g/t Ag over 42.1 m (Fekete and Simper (2009), Fekete and Skinner (2007); ARIS reports #30931 and #29581).
The Wann River prospect, located 4 kilometres south of the Engineer Mine, represents a highly prospective, underexplored target with a mineralized corridor approximately 800 metres by 180 metres. It has returned significant gold and silver values, including a quartz grab sample of 263 g/t gold and 1,350 g/t silver from the Lum showing (Aspinall (2011); ARIS Report #32004). Historic diamond drilling of 17 holes in 2011 returned numerous gold and silver intercepts, with the most significant from hole WR030211 assaying 11.3 g/t Au and 76.2 g/t Ag over 1 m, and hole WR040111 assaying 11.3 g/t Au and 94.8 g/t Ag over 1.0 m (Aspinall, 2011; BC ARIS Report #32478).
The rehabilitation of the camps is a strategic move that will allow the company to deploy full teams to both sites shortly, expediting the exploration programs. This initiative underscores the company's commitment to advancing its projects in northwestern British Columbia, leveraging existing infrastructure to maximize efficiency and shareholder value.
