TSX-V: VEIN | FSE: N071
TORONTO, July 11, 2017 /CNW/ - Enforcer Gold Corp
("Enforcer" or the "Company") (TSX-V: VEIN; FSE: N071) is pleased
to provide an update of its exploration activities at the
Montalembert Gold Project, including the discovery of high-grade
gold mineralization in a new exposure along the No. 2 Vein.
President & CEO, Steve
Roebuck, comments:
"We are pleased to report on the early success of Enforcer's
first field program at Montalembert, including the discovery of an
impressive occurrence of visible gold within new exposure 51 m
north along the No. 2 vein extension. In addition, preliminary IP
results from surveying to the north of the Galena and No. 2 veins
indicate that both structures continue for a considerable distance
in this direction. The presence of other anomalies outside of the
known mineralized areas also highlight the potential for new
discoveries. We are very encouraged by these early results and are
pushing diligently to advance these targets to the drilling stage.
It's very early days yet at Montalembert, the Company's
large-diameter core drilling program on the Galena and No. 2 veins
began on July 5, 2017."
"For a brief visual of our current work program at Montalembert,
please visit Enforcer's Montalembert Video Gallery."
Enforcer commenced its initial induced polarization ("IP")
geophysical survey in early June. A test survey was conducted
across the exposed Galena and No. 2 veins to develop a template for
testing potential strike extensions of the veins as well as other
target areas property wide. Preliminary results indicate that both
zones continue to the north and IP chargeability anomalies have
also been detected outside of the known mineralized zones. The
southern part of the grid is yet to be surveyed. The current survey
will cover an ~1.5 x 1.5 km area and is ~70% complete.
Enforcer personnel are ground truthing the IP anomalies by
exposing and channel sampling outcrops, with current priority given
to Galena and No. 2 vein extensions. Shearing, quartz veining and
quartz-feldspar porphyry have now been exposed for an additional 60
m and 75 m north along the Galena and No. 2 veins, respectively. On
the No. 2 vein extension, an impressive 15 cm wide occurrence of
visible gold occurs within a 1.4 m wide quartz vein hosted within a
3.2 m wide shear zone. The occurrence lies ~51 m north of the 2016
limit of the No. 2 vein exposure. Trenching to further expose the
mineralized structures continues and systematic channel sampling is
underway.
Please visit the Montalembert Photo Gallery for an overview of
exploration work on the project and additional photos of the new
gold occurrence on the No. 2 vein extension.
Qualified Person & QAQC
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.
Rock and core samples are shipped on a regular basis to
Activation Laboratories Ltd. of Ancaster,
Ontario ("ACTLABS") for sample preparation and analysis.
ACTLABS is an ISO/IEC 17025 (CAN-P-1579) accredited testing
laboratory. Assay results will be released in a timely manner upon
review and compilation.
All technical information for the Company's Montalembert Gold
Project is obtained and reported under a formal Quality
Assurance/Quality Control ("QAQC") program consistent with best
industry practices. Details of the program are presented on the
Enforcer website at: Montalembert QAQC.
About Enforcer Gold Corp
Enforcer Gold Corp is earning a 100% interest in the
Montalembert Gold Project from Globex Mining Enterprises Inc. (TSX:
GMX, FSE: GIMN, OTCQX: GLBXF). The 7,300-hectare property is
located 125 km west of Chibougamau
in Quebec's prolific Abitibi
greenstone belt. The property lies 5 km 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. Enforcer has committed over
$2.2M to fund its 2017 exploration
program that is expected to run uninterrupted through late fall
2017.
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