TSX-V: VEIN | FSE: N071
TORONTO, July 26, 2017 /CNW/ - Enforcer Gold Corp
("Enforcer" or the "Company") (TSX-V: VEIN; FSE: N071) is pleased
to report initial results from channel sampling on the No.2 vein at
the Montalembert Gold Project.
Enforcer has received expedited results for 2 channels to date,
including MCH225702, which cut through visible gold in quartz and
was reported in the Company's July 11,
2017 press release. MCH225702 returned 3,310 grams per tonne
(g/t) gold over 1.0 m (96.65 oz/ton over 3.28 ft). The second
channel, MCH225703, was collected ~20 m to the north and returned
1.93 g/t gold over 1.0 m. A plan map showing the sample locations
is available at: Galena-No.2 Plan.
President & CEO, Steve
Roebuck, comments:
"We are very encouraged by the early results that demonstrate
the continuity of the No. 2 shear zone to the north of the
historical exposure limit and to find high-grade pockets of
mineralization along the 189m length of the vein that is currently
exposed. Diamond drilling has begun at Montalembert and this
structure will be fully tested in the weeks ahead."
The No. 2 vein is a north-south striking and steeply
east-dipping shear zone that lies ~80m east of the sub-parallel
Galena vein. Prior to the 2017 field program, the No. 2 vein was
exposed over a strike length of 89m. Enforcer increased the strike
extent of the No. 2 vein exposure by an additional ~100m for an
overall current length of ~189m. The shear zone cuts variably
chloritized, carbonatized and silicified basalt and feldspar
porphyry. The zone hosts semi-continuous quartz veining and minor
to 5% pyrite +/- pyrrhotite, trace chalcopyrite and galena and fine
to coarse free gold.
Initial channel sampling on the No. 2 vein was limited to higher
outcrop exposure while lower sections of the trenched area were
being washed and drained. The waterfilled areas have now been fully
exposed and sampled. Assay results will be released in a timely
manner upon review and compilation.
Qualified Person & QAQC
Independent geological engineer, Mr. Donald Théberge, MBA, PEng, is a qualified
person as defined by National Instrument 43-101 and has reviewed
and approved the content of this news release.
Channel samples were collected from bedrock exposures utilizing
a diamond-blade power saw. Channel samples are typically cut 2"
wide and 2" deep and are cut perpendicular to the strike of the
quartz-bearing structures. True width is estimated to be 90-100% of
cut width. Sample preparation and metallic sieve assays were
performed by Activation Laboratories Ltd. of Ancaster, Ontario, an ISO/IEC 17025
(CAN-P-1579) accredited testing laboratory. Details of the
analytical procedure and Enforcer's Quality Assurance/Quality
Control ("QAQC") program are available 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