TSX-V: VEIN | FSE: N071
TORONTO, Sept. 27, 2017 /CNW/ - Enforcer Gold Corp
("Enforcer" or the "Company") (TSX-V: VEIN – FSE: N071) is pleased
to report initial results from its 2017 diamond drilling program at
the Montalembert Gold Project.
Highlights:
- Drilling has intersected visible gold in 3 holes to date
- MD170006 returned 197.13 g/t Au over 1.2 m including 782 g/t Au
over 0.30 m
- Gold mineralization above 0.5 g/t found in 10 of 18 holes
reported to date
- All drill holes have intersected shear zone structures
- Gold mineralization found in shear structures now extending
over 400 metres in strike length
- Drill testing of interpreted geophysical anomalies has
intersected the southern strike extension of the No. 2-No. 3 vein
structure and a newly identified mineralized structure to the
east
- SRK Consulting engaged to provide an expert structural analysis
of the vein systems
Final results have been received for 18 of the 34 holes drilled
to date. Visible gold was noted in holes MDD170004, 170006 and
170022. The best result from assays received to date is 782 g/t
gold over 0.30 m in hole MDD170006 on the No. 2 Vein.
Drill holes MDD170021-28, for which assays are pending, have
tested a series of parallel north-south trending structures that
coincide with interpreted geophysical anomalies southwest and
southeast of the No. 3 Vein area. Significant sulphide
mineralization within quartz veins has been intersected to the east
and southeast of the No. 3 Vein area at vertical depths up to 100
metres from surface. Visible gold was noted in hole MDD170022,
collared approximately 50 m southeast of the No. 3 Vein exposure.
Further drill testing is planned along the northern strike
extension of these newly identified structures.
President & CEO, Steve
Roebuck, comments:
"We are at an early stage of exploration on the Montalembert
Gold Project and are optimistic with our progress after only 4
months of fieldwork. Our surface channel sampling program has found
extensive, and in places, spectacular high-grade gold
mineralization on both the Galena and No. 2 veins. Our drill
program has intersected visible gold in 3 holes and continues to
outline and extend the previously known shear structures, while
recently intersecting quartz veining and sulphide mineralization in
a new structural zone.
We are gaining a better understanding of the complexity of this
pinch-and-swell ("boudinaged") and nuggety gold system. Predicting
the down-dip continuity of the veins remains a challenge but
surface mapping and drill hole information is providing the
exploration team with technical information that is key to
identifying and targeting potential high-grade gold chutes within
the structures. We will continue to outline each structure then
focus on high priority targets within them. The company remains in
an excellent cash position with over $5.3M is its treasury."
Enforcer recently engaged SRK Consulting to complete a
structural analysis of the drill core and surface exposures to
define the controls to gold mineralization, vein geometry, gold
distribution and grade variability. Based on SRK's study, the
gold is associated with several sets of sub-parallel shear veins of
predominantly dextral strike-slip movement. Significant gold
mineralization primarily occurs in flexures along the shear veins
where maximum dilation occurs. The shear structures and veins have
been intersected by drilling but assay results to date are lower
than expected compared to surface samples. This is primarily
explained by the nugget effect of the gold distribution, which is
exacerbated by the narrow sampling width of drill core.
A drill hole location map is available at: Drill Plan -
Sep 2017.
Table 1. 2017 Diamond Drilling – Significant Results to
Date
Drill
Hole
ID
|
Target
Vein
|
Azm
(Deg)
|
Dip
(Deg)
|
From
(m)
|
To
(m)
|
Width
(m)
|
Au
(g/t)
|
MDD170001
|
Galena
|
275
|
-46
|
No Significant
Results
|
MDD170002
|
Galena
|
272
|
-66
|
30.00
|
31.00
|
1.00
|
2.08
|
MDD170003
|
Galena
|
275
|
-45
|
Results
Pending
|
MDD170004
|
No. 2
|
274
|
-44
|
22.88
|
23.55
|
0.67
|
0.92
|
|
|
|
|
45.70
|
46.00
|
0.30
|
2.40
|
MDD170005
|
No. 2
|
270
|
-65
|
47.50
|
48.50
|
1.00
|
0.50
|
|
|
|
|
178.72
|
178.95
|
0.23
|
1.36
|
MDD170006
|
No. 2
|
273
|
-45
|
19.60
|
20.40
|
0.80
|
0.61
|
|
|
|
|
27.30
|
28.50
|
1.20
|
197.13
|
Incl.
|
|
|
|
27.86
|
28.16
|
0.30
|
782.00
|
|
|
|
|
32.90
|
33.90
|
1.00
|
0.54
|
|
|
|
|
48.50
|
49.00
|
0.50
|
0.58
|
MDD170007
|
No. 2
|
272
|
-65
|
No Significant
Results
|
MDD170008
|
Galena
|
272
|
-43
|
19.00
|
19.60
|
0.60
|
0.62
|
|
|
|
|
22.80
|
23.70
|
0.90
|
0.64
|
MDD170009
|
Galena
|
272
|
-65
|
54.00
|
54.65
|
0.65
|
1.19
|
MDD170010
|
No. 2
North
|
270
|
-45
|
No Significant
Results
|
MDD170011
|
No. 2
North
|
267
|
-64
|
28.50
|
28.80
|
0.30
|
1.06
|
MDD170012
|
No. 2
North
|
250
|
-44
|
No Significant
Results
|
MDD170013
|
No. 2
North
|
248
|
-75
|
Results
Pending
|
MDD170014
|
No. 2
North
|
275
|
-44
|
29.40
|
30.00
|
0.60
|
0.65
|
MDD170015
|
No. 2
North
|
271
|
-65
|
No Significant
Results
|
MDD170016
|
Galena
North
|
274
|
-45
|
No Significant
Results
|
MDD170017
|
No. 2
North
|
276
|
-45
|
44.00
|
45.00
|
1.00
|
1.23
|
|
|
|
|
66.00
|
67.00
|
1.00
|
0.53
|
MDD170018
|
No. 2
North
|
273
|
-45
|
59.41
|
60.2
|
0.79
|
0.86
|
MDD170019
|
No. 3 Zone
|
273
|
-45
|
No Significant
Results
|
MDD170020
|
No. 3 Zone
|
271
|
-64
|
No Significant
Results
|
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.
All holes presented in Table 1 were completed by HQ diamond
(core) drilling. Widths are presented as down hole core lengths;
true widths are unknown at this time. Sample preparation, fire
assays (gravimetric finish) 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