Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN; FSE: N071) is pleased to report results from channel sampling on the Galena, No. 2 and No. 3 veins at the Montalembert Gold Project.
The Galena and No. 2 veins are parallel, north-south striking and steeply east-dipping shear zones separated by ~80 m. The No. 3 Vein is located ~175 m south and along strike of the No. 2 Vein. The shear zones vary in width and cut variably chloritized, carbonatized and silicified basalt. They host quartz veins/stringers and trace to 5% pyrite, pyrrhotite, trace chalcopyrite and galena and fine to coarse free gold. Enforcer has been systematically exposing and channel sampling along the strike extensions of the veins and peripheral to the veins.
Of a total 116 sawn channels in the Galena-No.2-No.3 vein area, 27 were infill samples along the Galena Vein, 4 were cut over the trace of the vein in the Galena North extension, 27 were cut over the No. 2 North extension, 8 were cut over the No. 2 South extension and 13 were cut over multiple veins at the No. 3 Vein exposure. On the Galena North exposure, the trace of the vein was lost into deep overburden, hence channel sampling in this area was largely peripheral to the trace of the structure. Significant results from the sampling are presented in Table 1. Plan maps showing sample locations and assay highlights are available on the Montalembert Map Gallery.
Based on Enforcer’s preliminary interpretation, gold emplacement at Montalembert is related to late-stage extensional quartz veining that is typically at high angles to the main structures. The Company has engaged a structural expert with SRK Consulting to perform a structural analysis of the vein systems to better determine the nature and controls to gold mineralization. The field study commenced on September 11, 2017. Enforcer anticipates that this study will aid in the targeting of high-grade gold shoots along the vein systems.
As previously noted, the grade and continuity of veining and mineralization in shear-hosted gold deposits in the Abitibi can be highly erratic. The nuggety nature of the gold distribution will remain a challenge and potentially impact sampling results. Enforcer continues to focus on the mineralized structures with the realization that analytical results will be highly variable. The extension of the structures and the presence of high-grade mineralization is the most important factor in the Company’s early evaluation of the vein systems.
As announced on August 30, 2017, Enforcer resumed diamond drilling despite a continued backlog of assays at the lab. The situation has yet to change as the Company awaits complete results for the first 10 holes drilled.
President & CEO, Steve Roebuck, comments:
“We continue to be encouraged by the continuity of the shear zones outside of the historical exposure limits and to find high-grade zones of gold mineralization along the length of both veins. We expect that the SRK study will greatly enhance our understanding of the vein systems and focus our exploration moving forward.”
Table 1. 2017 Channel Sampling – Significant Results
Channel ID | Vein | UTM E | UTM N | Width (m) | Au Au (g/t) |
MCH223505 | No. 2 North | 426657.19 | 5513783.49 | 2.0 | 2.46 |
MCH223511 | No. 2 North | 426657.27 | 5513782.05 | 1.8 | 3.92 |
MCH223516 | No. 2 North | 426658.01 | 5513779.80 | 1.0 | 0.51 |
MCH223523 | No. 2 North | 426657.02 | 5513774.17 | 2.1 | 0.77 |
MCH223539 | No. 2 North | 426656.21 | 5513770.19 | 1.0 | 13.50 |
MCH223576 | No. 2 North | 426655.61 | 5513778.66 | 1.0 | 105.00 |
MCH223606 | Galena | 426611.42 | 5513526.91 | 1.0 | 0.75 |
MCH225503 | Galena | 426613.92 | 5513566.15 | 1.0 | 1.16 |
MCH225509 | Galena | 426597.07 | 5513623.50 | 1.0 | 0.69 |
MCH225511 | Galena | 426595.32 | 5513631.35 | 1.0 | 2.36 |
MCH225513 | Galena | 426596.14 | 5513641.70 | 1.0 | 0.63 |
MCH225516 | Galena | 426596.01 | 5513651.64 | 2.0 | 2.41 |
MCH225522 | Galena | 426594.00 | 5513662.22 | 1.0 | 0.84 |
MCH225535 | Galena | 426591.52 | 5513681.45 | 2.0 | 0.70 |
MCH225544 | Galena | 426588.25 | 5513676.53 | 1.0 | 5.09 |
MCH225702 | No. 2 North | 426654.84 | 5513792.84 | 1.0 | 3,310.00 |
MCH225703 | No. 2 North | 426651.49 | 5513806.44 | 1.0 | 1.93 |
MCH225773 | Galena North | 426576.68 | 5513749.10 | 1.0 | 2.77 |
MCH225851 | No. 2 South | 426696.60 | 5513615.20 | 1.1 | 0.91 |
MCH225867 | No. 2 North | 426662.72 | 5513777.42 | 0.8 | 0.67 |
MCH225874 | No. 2 North | 426659.50 | 5513776.13 | 1.0 | 0.67 |
MCH225881 | No. 2 North | 426655.72 | 5513770.22 | 1.0 | 0.73 |
MCH225889 | No. 3 | 426690.38 | 5513477.96 | 1.2 | 0.98 |
MCH225904 | No. 3 | 426692.86 | 5513470.41 | 1.1 | 1.87 |
MCH225909 | No. 3 | 426694.92 | 5513468.20 | 0.9 | 3.45 |
MCH225935 | No. 3 | 426703.22 | 5513458.82 | 1.0 | 0.54 |
MCH225996 | No. 2 North | 426656.85 | 5513785.77 | 2.0 | 104.68 |
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, 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
For further information: please visit www.enforcergold.com or contact: Steve Roebuck, President & CEO T: (647) 496-7984, C: (905) 741-5458, E: contact@enforcergold.com