TSX-V: VEIN | FSE: N071
TORONTO, Oct. 26, 2017 /CNW/ - Enforcer Gold Corp
("Enforcer" or the "Company") (TSX-V: VEIN – FSE: N071) is pleased
to report further results from its 2017 diamond drilling program at
the Montalembert Gold Project.
Highlights:
- Drilling has intersected visible gold in 5 holes to date
- MD170022 returned 13.70 g/t Au over 0.5 m and 17.50 g/t Au over
1.0 m
- Gold mineralization above 0.5 g/t found in 18 of 35 holes
reported to date
- All drill holes have intersected structures with
quartz+/-carbonate veining, sulphides and alteration
- Gold mineralization found in shear structures extends over 400
metres in strike length (open) and has been intersected up to 110
metres vertical depth (open)
- Drill testing of interpreted geophysical anomalies has
intersected the southern strike extension of the No.2 - No3 vein
structure and additional shear veins to the east
Final results have been received for 28 of the 45 holes drilled
during the 2017 field season. Visible gold was noted in holes
MDD170004, 170006, 170022, 170032 and 170039.
Assays reported in Table 1 include one hole drilled on the
Galena Vein, 3 holes on the No. 2 Vein and 8 holes on the No. 3
Vein, which is now interpreted to be the southern extension of the
No. 2 Vein.
Hole 22 was drilled to the east at -44° dip and intersected the
No. 2-3 vein structure from ~142 to 154 m downhole. Quartz veining
and shear foliation within this intersection is measured at 10-20°
degrees to the core axis, indicating a flattening of the dip of the
No. 2-3 vein structure from ~80-85°E at surface to ~55° E at 100 m
depth. As such, the true width of the structure that was
intersected over a 12 m downhole core length is likely closer to
the average 1-2 m width that is seen at surface. Visible gold was
noted at 153.5 m downhole.
In addition to intersecting the No. 2-3 vein structure, holes
24-29 also intersected mineralized shear veins to the east of the
main structure (assays pending). The relation and significance of
these structures to the Galena – No.2 vein system has yet to be
determined.
President & CEO, Steve
Roebuck, comments:
"Our understanding of the gold vein system at Montalembert
continues to advance with every hole we drill. Drill hole MDD17022
intersected visible gold at a vertical depth of approximately 110
metres below surface, our deepest intercept to date and 400 metres
south of the spectacular 3,310 g/t Au over 1 metre surface channel
sample reported on July 26, 2017.
These results along with many others from surface work and drill
core indicate that the system is productive over a substantial
distance and remains open along strike and at depth. We are
encouraged by the results to date and look forward to receiving
assays for the next 17 holes, two of which intersected visible
gold."
As previously reported, 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 preliminary 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 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 -
Oct 2017.
Table 1. 2017 Diamond Drilling – Significant Results
Drill
Hole
ID
|
Target
Vein
|
Azm
(Deg)
|
Dip
(Deg)
|
From
(m)
|
To
(m)
|
Width
(m)
|
Au
(g/t)
|
MDD170003
|
Galena
|
275
|
-45
|
2.00
|
3.00
|
1.00
|
0.50
|
|
|
|
|
57.00
|
58.00
|
1.00
|
0.56
|
MDD170013
|
No. 2
North
|
248
|
-75
|
50.00
|
51.00
|
1.00
|
0.80
|
|
|
|
|
57.50
|
58.15
|
0.65
|
0.67
|
MDD170021
|
No. 3
|
235
|
-45
|
No Significant
Results
|
MDD170022
|
No. 3
|
083
|
-44
|
12.00
|
13.00
|
1.00
|
1.09
|
|
|
|
|
13.00
|
13.60
|
0.60
|
0.64
|
|
|
|
|
101.00
|
102.00
|
1.00
|
0.76
|
|
|
|
|
133.00
|
134.00
|
1.00
|
1.12
|
|
|
|
|
153.25
|
153.75
|
0.50
|
13.70
|
|
|
|
|
160.00
|
161.00
|
1.00
|
17.50
|
MDD170023
|
No. 3
|
276
|
-50
|
No Significant
Results
|
MDD170024
|
No. 3
|
274
|
-45
|
Results
Pending
|
MDD170025
|
No. 3
|
270
|
-64
|
10.65
|
11.65
|
1.00
|
1.00
|
MDD170026
|
No. 3
|
274
|
-43
|
No Significant
Results
|
MDD170027
|
No. 3
|
271
|
-63
|
Results
Pending
|
MDD170028
|
No. 3
|
273
|
-45
|
Results
Pending
|
MDD170029
|
No. 3
|
273
|
-64
|
Results
Pending
|
MDD170030
|
No. 3
|
279
|
-45
|
101.00
|
102.00
|
1.00
|
2.10
|
MDD170031
|
No. 3
|
275
|
-64
|
No Significant
Results
|
MDD170032
|
No. 3
|
245
|
-44
|
Results
Pending
|
MDD170033
|
No. 3
|
246
|
-64
|
Results
Pending
|
MDD170034
|
No. 3
|
246
|
-79
|
Results
Pending
|
MDD170035
|
No. 2
|
272
|
-45
|
No Significant
Results
|
MDD170036-045
|
|
|
|
Results
Pending
|
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