TSX-V: VEIN | FSE: N071
TORONTO, June 7, 2017 /CNW/ - Enforcer Gold Corp
("Enforcer" or the "Company") (TSX-V: VEIN – FSE: N071) along with
Globex Mining Enterprises Inc. (TSX: GMX) is pleased to announce it
has commenced its ground Induced Polarization ("IP") geophysical
survey at the Montalembert gold project. The 45 line-km survey will
cover an approximately 1.5 x 1.5 km area over the main vein
occurrences (Galena Vein & No. 2 Vein) located in the
southernmost portion of the property. Géophysique TMC of
Val-d'Or QC has been contracted to
complete the survey and provide a 3D model, vertical sections and
geophysical interpretation.
IP is one of the most useful geophysical methods in mineral
exploration due to its ability to detect and characterize
sub-surface disseminated mineralization and quartz. The silicified
and quartz-bearing shear zones at Montalembert host 1-5%
disseminated pyrite and/or pyrrhotite with trace amounts of
chalcopyrite, galena and free gold. With IP, high resistivity
anomalies can correspond to quartz concentrations while the
relatively high IP chargeability anomalies may correspond with
sulphide ± gold concentrations in the quartz veins. IP can be
particularly useful in mapping the extension of a conductive
mineralized zone under overburden cover, making it a valuable tool
to aid in drill targeting.
In March 2017, a one-kilometre
test line of IP was completed over the main vein occurrences with
positive results. The 45 line-km survey is expected to be completed
within three weeks of commencement and ahead of the start of
diamond drilling.
President & CEO, Steve
Roebuck, comments:
"We're looking forward to the results of the extended IP survey
over the known vein occurrences and determining how IP will aid in
exploring other parts of the property. We anticipate that IP will
become a valuable technique in our exploration tool box at
Montalembert."
The IP survey is part of Enforcer's comprehensive field program
that commenced in May and will also include:
- Increasing the exposure of the Galena and No.2 veins
- Additional channel sampling along the vein extensions
- Property-wide prospecting and geochemical sampling
- Ground truthing of airborne anomalies
- 5,000 - 8,000 metres of core drilling
- 1,000 metres of RC drilling
About Enforcer Gold Corp
Enforcer Gold Corp is earning a 100% interest in the
7,300-hectare Montalembert Gold Project located west of
Chibougamau in Quebec's prolific Abitibi greenstone belt. The
property lies five kilometers from a paved highway and
hydro-electric power and has easy access to skilled labour, fuel,
accommodation and other industry-related services, allowing for
relatively low exploration costs. The Company recently commenced a
comprehensive field exploration program that will include the first
ever large-diameter core drilling on the high-grade Galena and No.
2 veins. The exploration program is expected to run uninterrupted
through the late fall of 2017. Enforcer Gold has committed over
$2.2M to fund its 2017 exploration
program.
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 Montalembert Project, the
exploration potential and analogous deposit potential of the
Montalembert 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