TSX-V: VEIN | FSE: N071
TORONTO, Oct. 12, 2018 /CNW/ - Enforcer Gold Corp
("Enforcer" or the "Company") (TSX-V: VEIN; FSE: N071) is pleased
to announce it has filed on SEDAR (www.sedar.com) a National
Instrument 43-101 Technical Report titled "NI 43-101 Technical
Evaluation Report on the Roger (1206) Property" and dated
October 9, 2018 (the "Technical
Report") by Geoloica Groupe-Conseil Inc. and GeoPointCom Inc.
The Technical Report supports the disclosure of the mineral
resource estimate presented in Enforcer's press release dated
September 18, 2018.
As previously announced, the 7,400
m Phase 2 diamond drilling program is underway with ~80% of
the program dedicated to expanding and upgrading the current
resource estimate and ~20% allocated to exploration drilling
outside of the resource area. Enforcer is fully funded to cover the
Phase 2 program which in turn will exceed its year 2 spending
obligation of $750,000.
Pit-Constrained Mineral Resource Estimate on the Mop-II
Gold-Copper Deposit – July 4,
2018
Category
|
AuEq
Cut-off
(g/t)
|
Tonnes
|
AuEq
(g/t)
|
Contained
AuEq
(oz)
|
Au
(g/t)
|
Contained
Au
(oz)
|
Indicated
|
0.45
|
10,900,000
|
0.95
|
333, 000
|
0.85
|
297,000
|
Inferred
|
0.45
|
6,569,000
|
0.96
|
202, 000
|
0.75
|
159,000
|
Note:
|
Details of the 2018
mineral resource estimate are provided in the Company's press
release dated September 18, 2018. Mineral resources that are not
mineral reserves do not have demonstrated economic
viability.
|
About SOQUEM
SOQUEM Inc., a subsidiary of Ressources Québec, is a leading
player in mineral exploration with its mission to explore, discover
and develop mining properties in Quebec. SOQUEM has participated in more than
350 exploration projects and contributed to major discoveries of
gold, diamonds, lithium and other mineral commodities in
Quebec.
About Enforcer Gold Corp
Enforcer Gold Corp is a Canadian-based mineral exploration
company and is earning a 50% interest in the royalty-free Roger
project from SOQUEM. Roger hosts the Mop-II gold-copper deposit
located 5 km from the historic mining center of Chibougamau, Quebec. To date, 58,000 m of diamond drilling have been completed
at Roger property and underground exploration undertaken in 1988
included 1,177 m of development and
over 1,000 m of chip sampling.
Enforcer also holds a 100% interest in the Waswanipi gold project located 125 km west of
Chibougamau. Both projects are
situated within the prolific Abitibi greenstone belt, which has
produced over 180 M oz. of gold and
over 450 M tonnes of copper-zinc ore
since the early 1900s.
Enforcer's VP Exploration, Antoine
Fournier, PGeo, is a Qualified Person as defined by National
Instrument 43-101 and has reviewed and approved the content of this
news release.
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 news release.
This news release contains "forward-looking statements" that are
based on expectations, estimates, projections and interpretations
as at the date of this news release. Forward-looking statements are
frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate",
"suggest", "indicate" and other similar words or statements that
certain events or conditions "may" or "will" occur, and include,
without limitation, statements regarding the Company's plans with
respect to the exploration of its Roger project, the exploration
potential and analogous deposit potential of the Roger project and
the timing of the Company's exploration programs. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such risks
and other factors may include, but are not limited to, the results
of exploration activities; the ability of the Company to complete
further exploration activities; the ability of the Company to
complete transactions on terms announced; timing and availability
of external financing on acceptable terms and those risk factors
outlined in the Company's Management Discussion and Analysis as
filed on SEDAR. Enforcer Gold does not undertake to update any
forward-looking information except in accordance with applicable
securities laws.
SOURCE Enforcer Gold