TSX-V: VEIN | FSE: N071
TORONTO, Jan. 16, 2019
/CNW/ - Enforcer Gold Corp ("Enforcer" or the "Company")
(TSX-V: VEIN – FSE: N071) and SOQUEM are pleased to report assay
results for the first 11 holes of the Phase 2 diamond drilling
program on the Mop-II gold-copper deposit. The Phase 2 drilling
program comprised 34 holes totalling 7,646
m. The Roger project is located 5 km north of Chibougamau, Quebec, has all-season road
access and is crossed by an active power line that serviced the
past-producing Troilus Mine. Enforcer is earning a 50% interest in
the Roger project from project operator, SOQUEM.
Highlights from the first 11 holes include:
- Hole 1206-18-95: 1.08 g/t AuEq over 15
m
- Hole 1206-18-97: 0.55 g/t AuEq over 75.7
m
- Hole 1206-18-101: 10.98 g/t AuEq over 1.3 m
- Hole 1206-18-101: 94.26 g/t AuEq over 1.0 m
- Hole 1206-18-104: 0.65 g/t AuEq over 113.2 m
- Hole 1206-18-106: 0.51 g/t AuEq over 87.1 m
- Hole 1206-18-108: 37.62 g/t AuEq over 1.3 m
Enforcer Gold President and CEO, Steve Roebuck, comments:
"The results from the first 11 holes are very encouraging,
reporting significant gold-copper mineralization over broad widths
within the underexplored North zone. A full compilation and
interpretation of the results will be undertaken once the assays
from the remaining 23 holes have been received. We look forward to
formulating a follow-up program to further advance the Mop-II
deposit and build on the current resource."
SOQUEM Director of Exploration, Yan
Ducharme, comments:
"This second phase of drilling will allow us to make a better
evaluation of the northern and southwestern parts of the deposit
where seldom holes were drilled in the past. Results like in hole
1206-18-108, which is located 50 m
east of the conceptual open pit shell, are very encouraging."
Phase 2 drilling program comprised 34 holes totalling
7,646 m. Approximately 80% of the
holes were drilled within the conceptual pits to infill gaps and
test the at-depth and on-strike extensions of the known zones. The
remaining 20% were exploratory holes targeting potential extensions
of the North zone beyond the modelled resource area.
A drill hole location plan is available in the Roger Map
Gallery.
Table 1. Mop-II Deposit Phase 2 Drilling - Significant Drill
Results to Date
Hole
ID
|
Azm
(°)
|
Dip
(°)
|
From
(m)
|
To
(m)
|
Length
(m)
|
Au
(g/t)
|
Cu
(%)
|
AuEq
(g/t)
|
1206-18-095
|
180
|
-50
|
92.0
|
107.0
|
15.0
|
1.048
|
0.021
|
1.08
|
1206-18-096
|
180
|
-50
|
148.0
|
151.0
|
3.0
|
0.56
|
0.035
|
0.61
|
1206-18-097
|
180
|
-55
|
13.8
|
89.5
|
75.7
|
0.39
|
0. 097
|
0.55
|
including
|
|
|
14.8
|
22.5
|
7.7
|
1.40
|
0.140
|
1.63
|
and
|
|
|
31.5
|
41.6
|
10.1
|
0.63
|
0.100
|
0.80
|
and
|
|
|
76.9
|
83.8
|
6.9
|
0.43
|
0.301
|
0.93
|
|
|
|
168.5
|
183.5
|
15.0
|
0.41
|
0.195
|
0.73
|
1206-18-098
|
180
|
-55
|
86.3
|
90.0
|
3.7
|
0.62
|
0.279
|
1.09
|
|
|
|
207.0
|
211.5
|
4.5
|
2.35
|
0.016
|
2.37
|
1206-18-099
|
180
|
-45
|
11.5
|
17.5
|
6.0
|
0.48
|
0.054
|
0.56
|
1206-18-100
|
180
|
-55
|
40.5
|
46.5
|
6.0
|
1.63
|
0.007
|
1.64
|
|
|
|
141.5
|
150
|
8.5
|
0.26
|
0.298
|
0.75
|
1206-18-101
|
180
|
-45
|
31.3
|
32.6
|
1.3
|
10.04
|
0.566
|
10.98
|
|
|
|
142.5
|
145.5
|
3.0
|
1.26
|
0.139
|
1.49
|
|
|
|
152.35
|
153.35
|
1.0
|
92.95
|
0.788
|
94.26
|
1206-18-102
|
|
|
Results
pending
|
1206-18-103
|
|
|
Results
pending
|
1206-18-104
|
178
|
-55
|
144.3
|
257.5
|
113.2
|
0.46
|
0.120
|
0.65
|
including
|
|
|
144.3
|
204.5
|
60.2
|
0.44
|
0.104
|
0.61
|
and
|
|
|
212.0
|
244.0
|
32.0
|
0.61
|
0.117
|
0.80
|
and
|
|
|
252.2
|
257.5
|
5.3
|
0.79
|
0.556
|
1.71
|
|
|
|
|
|
|
|
|
|
1206-18-105
|
180
|
-50
|
103.6
|
105.3
|
1.7
|
2.29
|
0.265
|
2.73
|
1206-18-106
|
178
|
-50
|
25.0
|
27.9
|
2.9
|
1.08
|
0.805
|
2.42
|
|
|
|
41.0
|
49.7
|
8.7
|
0.56
|
0.036
|
0.62
|
|
|
|
62.6
|
149.7
|
87.1
|
0.31
|
0.120
|
0.51
|
including
|
|
|
78.2
|
106.6
|
28.4
|
0.44
|
0.143
|
0.68
|
|
|
|
171.8
|
195.7
|
23.9
|
0.81
|
0.057
|
0.90
|
|
|
|
210.0
|
228.0
|
18.0
|
0.20
|
0.194
|
0.52
|
1206-18-107
|
|
|
Results
pending
|
1206-18-108
|
178
|
-50
|
10.5
|
11.8
|
1.3
|
37.62
|
trace
|
37.62
|
|
|
|
37.0
|
47.0
|
10.0
|
0.62
|
0.014
|
0.64
|
Notes to Table 1:
All holes presented in Table 1 were completed by diamond (core)
drilling. Widths represent down hole core lengths; true widths are
unknown at this time. Gold equivalent grades (AuEq) were calculated
using a US$1,240/oz gold price and US
$3.00/lb copper price and do not
account for metal recovery.
QAQC
The 2018 Phase 2 drilling program was managed by project
operator, SOQUEM, utilizing standard industry procedures and
protocols and following a formal quality assurance and quality
control ("QAQC") program. Core samples were sent to SGS Canada's
sample preparation facility in Val-d'Or,
Quebec and sample analyses are ongoing at their analytical
laboratory in Lakefield, Ontario,
a CAN-P-1579, CAN-P-4E (ISO/IEC 17025:2005) accredited testing
facility. Gold grades were determined using a standard fire assay
with atomic absorption finish on a 50g pulverized fraction. Samples
grading above 5 g/t are re-assayed using fire assay with
gravimetric finish on a 50g fraction on the original pulps. Copper
was assayed by ICP-OES following a multi-acid digestion. Original
pulps from the samples grading above 10,000 ppm are re-assayed by
ICP-OES after a 4-acid digestion ore grade analysis. SOQUEM
routinely inserts blanks, duplicates and standards in the sample
sequence as part of its internal QAQC program.
CORPORATE UPDATE
Enforcer announces the resignation of Antoine Fournier as Vice President of
Exploration. Antoine was a highly-valued member of the Enforcer
team and the Company wishes him the very best in his future
endeavours.
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.
SOQUEM's Exploration manager, Yan
Ducharme, PGeo, is a Qualified person as defined by National
Instrument 43-101 and has reviewed and approved the content of this
news release.
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. The Mop-II contains an
Indicated resource of 333,000 contained gold equivalent ounces
(10,900,000 tonnes @ 0.85 g/t) and an Inferred resource of 202,000
contained gold equivalent ounces (6,569,000 tonnes @ 0.75 g/t).
Details of the mineral resource estimate are provided in the
Company's September 18, 2018 press
release and technical report filed on SEDAR. Mineral resources that
are not mineral reserves do not have demonstrated economic
viability.
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 President & CEO, Steve
Roebuck, PGeo, is a Qualified Person as defined by National
Instrument 43-101 and has reviewed and approved the content of this
news release.
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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