Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN; FSE: N071) is pleased to announce it has further refined drill targets for its 1,500 m diamond drilling program on the newly discovered OR79 zone at the Company’s Montalembert gold project.
President & CEO, Steve Roebuck, comments:
“Based on our early evaluation, OR79 appears to be a new style of mineralization at Montalembert in that there is a clear association of gold mineralization with sulphides in the quartz veining. This is an ideal opportunity to use IP as a geophysical tool for targeting potential mineralization at depth. We’re very encouraged by the early results that place coincident high resistivity and chargeability anomalies over the area that returned anomalous gold in both grab and channel samples. Drilling will get started as soon as the rig gets to site.”
Due to limited outcrop exposure in the area, Enforcer recently commenced a 20 line-km induced polarization (“IP”) geophysical survey to delineate areas of high resistivity and high chargeability, which could potentially correspond with quartz veining and sulphide ± gold mineralization, respectively.
Results to date from the ongoing IP survey indicate a 150 m wide by 250 m long area (currently open to north and south) where anomalous results from outcrop sampling are coincident with both high resistivity and high chargeability anomalies. The zone is transected by a NW-trending linear break as interpreted from both the 2018 IP survey and Enforcer’s 2017 airborne MAG and VLF-EM survey. The nature of the linear break is currently unknown but postulated to represent a structural break that may have contributed to the mineralizing event.
The OR79 zone was discovered by prospecting and is located approximately 1.5 km west-southwest of the Galena-No.2 vein area. Gold mineralization is associated with the presence of sulphides in shear-hosted quartz veins within altered mafic and granitic rocks. Grab and channel samples collected from isolated outcrops in the area returned highly anomalous results including 3.72 g/t Au over 0.4 m width (Enforcer press release dated February 6, 2018). Based on the geology the OR79 zone is interpreted as a series of sub-parallel, sulphide-mineralized quartz veins in mafic intrusive +/- volcanic rocks.
Enforcer has contracted Orbit Garant Drilling Inc. of Val d’Or, Quebec for a budgeted 1,500 m of diamond drilling as a first pass test of the area, set to commence shortly.
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) and a 50% interest in the advanced-stage Roger gold-copper porphyry property from SOQUEM. Both properties are located in Quebec’s prolific Abitibi greenstone belt. The Montalembert 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’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.
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.
For further information: please visit www.enforcergold.com or contact: Steve Roebuck, President & CEO T: (647) 496-7984, C: (905) 741-5458, E: firstname.lastname@example.org
SOURCE Enforcer Gold