Engineer Gold Mines Ltd. (TSX-V: EAU | OTC: EGMLF | WKN: A3EEVJ) announced that crews, supplies, and equipment have arrived at its 100% owned Engineer Gold Project, located 30 kilometres southwest of Atlin in northwestern British Columbia. The crews will re-establish and rehabilitate the two 20-person camps at the Engineer Mine Project and at the TAG Project, which have been unused since 2021 and 2009, respectively. The camps are already fully built, providing a significant advantage for the company's upcoming exploration programs.
Spiro Kletas, President and CEO, stated, "We are very excited to re-establish the camps at the Engineer and TAG project sites. The fact that both camps are already in place, built and paid for, is an enormous advantage for Engineer Gold Mines and our shareholders. This will allow the Company to have full teams at both sites very shortly and will enable the Company to expedite our exploration programs."
The Engineer Gold Project spans approximately 18,319 hectares and includes three principal target areas: the Engineer Gold Mine, the TAG Property, and the Wann River prospect. The historic Engineer Gold Mine is a past-producing underground gold-silver operation with historical production between 1910 and 1952 totalling approximately 14,263 tonnes grading 39.4 g/t gold and 19.5 g/t silver (BC Minfile 104M014). A 2011 historical inferred mineral resource, prepared under NI 43-101, estimated 25,000 ounces of gold at a grade of 19 g/t, based on a 5.0 g/t gold cut-off (Snowden, 2011, amended and restated in 2018, O’Brien et al - www.sedarplus.ca).
The TAG Property, located about 6 kilometres north of the Engineer Mine, is associated with a 6-kilometre-long structurally controlled mineralized system related to splays off the Llewellyn Fault. Historical drill highlights include hole TAG06-23 with 1.7 g/t Au and 5.1 g/t Ag over 26.7 m, and hole TAG08-59 with 1.5 g/t Au and 8.05 g/t Ag over 42.1 m (Fekete and Simper (2009), Fekete and Skinner (2007); ARIS reports #30931 and #29581).
The Wann River prospect, 4 kilometres south of the Engineer Mine, represents an underexplored orogenic gold target. A quartz grab sample returned 263 g/t gold and 1,350 g/t silver from the Lum showing (Aspinall (2011); ARIS Report #32004). Historical drilling in 2011 included hole WR030211 with 11.3 g/t Au and 76.2 g/t Ag over 1 m, and hole WR040111 with 11.3 g/t Au and 94.8 g/t Ag over 1.0 m (Aspinall, 2011; BC ARIS Report #32478).
By rehabilitating the existing camps, Engineer Gold Mines aims to accelerate its exploration efforts across these high-potential targets. The company's ability to mobilize full teams quickly underscores its commitment to advancing the project, which could enhance its resource base and shareholder value. The news highlights the strategic importance of having infrastructure in place, reducing costs and time to commence drilling programs.
