TSX-V: VEIN | FSE: N071
TORONTO, Nov. 27, 2018 /CNW/ - Enforcer Gold Corp ("Enforcer" or the "Company") (TSX-V: VEIN – FSE: N071) is pleased to report the completion of the Phase 2 diamond drilling program on the Mop-II gold-copper deposit on the Roger project. The project is advantageously located just 5 km north of the historic mining center of Chibougamau, Quebec, has all-season road access and is crossed by an active power line that serviced the past-producing Troilus Mine. Enforcer is earning a 50% interest in the Roger project from project operator, SOQUEM
The Phase 2 drilling program employed 2 rigs and was completed in one month with 34 holes totalling 7,645 m. Core logging and sampling procedures were carried out by 3 geologists and 2 cutting/sampling stations in operation in Chibougamau and a third cutting/sampling station at SOQUEM's headquarters in Val-d'Or, Quebec. All core samples have been delivered to SGS Canada's sample preparation facility in Val-d'Or.
Enforcer Gold VP Exploration, Antoine Fournier, comments:
"We are very impressed with the efficiency of the Phase 2 drilling program and wish to acknowledge SOQUEM's dedication to the project with their allocation of the necessary resources to accommodate the rapid pace of drilling. We now look forward to the upcoming assay results as they become available. Phase 2 marks a fundamental step in the development of the MOP-II deposit that will place us in a better position to evaluate the metrics necessary to build on the current resource."
The Phase 2 drilling program was designed to expand the Mop-II mineral resource (September 18, 2018 press release) in areas where the opportunity for rapidly defining extensions appears most encouraging. Approximately 80% of the holes were drilled to increase and upgrade the current resource in the conceptual pits by filling gaps between the widely-spaced holes and testing the at-depth and on-strike extensions of the known zones. The remaining 20% were exploratory holes targeting potential extensions of the North zone beyond the modelled resource area. One hole tested a completely different setting of mineralization intersected in previous SOQUEM drilling, where sub-horizontal massive sulfide horizons occur within the ultramafic Roberge Sill near its contact with the feldspar porphyry that is host to the Main and North zones.
A drill plan showing the drill hole locations for the Phase 2 program is available in the Roger Map Gallery.
Project operator, SOQUEM, managed all aspects of the Phase 2 drilling program. Core samples were sent to SGS Canada's sample preparation facility in Val-d'Or, Quebec and sample analyses will be conducted at their analytical laboratory in Lakefield, Ontario, a CAN-P-1579, CAN-P-4E (ISO/IEC 17025:2005 accredited testing facility.
SOQUEM Inc., a subsidiary of Ressources Québec, is a leading player in mineral exploration with its mission to explore, discover and develop mining properties in Quebec. SOQUEM has participated in more than 350 exploration projects and contributed to major discoveries of gold, diamonds, lithium and other mineral commodities in Quebec.
About Enforcer Gold Corp
Enforcer Gold Corp is a Canadian-based mineral exploration company and is earning a 50% interest in the royalty-free Roger project from SOQUEM. Roger hosts the Mop-II gold-copper deposit located 5 km from the historic mining center of Chibougamau, Quebec. The Mop-II contains an Indicated resource of 333,000 contained gold equivalent ounces (10,900,000 tonnes @ 0.85 g/t) and an Inferred resource of 202,000 contained gold equivalent ounces (6,569,000 tonnes @ 0.75 g/t). Details of the mineral resource estimate are provided in the Company's September 18, 2018 press release and technical report filed on SEDAR. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Enforcer also holds a 100% interest in the Waswanipi gold project located 125 km west of Chibougamau. Both projects are situated within the prolific Abitibi greenstone belt, which has produced over 180 M oz. of gold and over 450 M tonnes of copper-zinc ore since the early 1900s.
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 Roger project, the exploration potential and analogous deposit potential of the Roger 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: [email protected]