Engineer Gold Mines Ltd. (TSX-V: EAU | OTC: EGMLF | WKN: A3EEVJ) has announced that crews, supplies, and equipment have arrived at its 100% owned Engineer Gold Project, located 30 kilometers southwest of Atlin in northwestern British Columbia. The company is re-establishing and rehabilitating two 20-person camps at its Engineer Mine Project and at the TAG Project to expand its 2026 exploration programs. Both camps are already in place and fully built but have not been used since 2009 (TAG) and 2021 (Engineer).
This development is significant because it allows the company to have full teams at both sites shortly, expediting exploration efforts without the time and cost of constructing new camps. Spiro Kletas, President and CEO, commented, "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 encompasses approximately 18,319 hectares and is subdivided into 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 totaling approximately 14,263 tonnes grading 39.4 g/t gold and 19.5 g/t silver (BC Minfile 104M014). In 2011, an historical Inferred Mineral Resource was completed (Snowden, 2011, amended and restated in 2018, O’Brien et al - www.sedarplus.ca), giving an inferred 25,000 ounces of gold at a grade of 19 g/t based on a 5.0 g/t gold cut-off. A thorough review of all historic data by an independent QP, along with additional exploration work including diamond drilling, is required to confirm results and produce a current mineral resource estimate.
The TAG Property, located approximately 6 kilometers north of the historic Engineer Mine, is associated with a 6km long structurally controlled mineralized system related to splays off of the Llewellyn Fault. Significant historical diamond drill intervals from TAG include Hole TAG06-23 which assayed 1.7 g/t Au and 5.1 g/t Ag over 26.7 m (including 3.52 g/t Au over 4.7 m); hole TAG07-29 which assayed 1.3 g/t Au and 5.9 g/t Ag over 35.0 m; TAG08-51 which assayed 1.8 g/t Au and 7.4 g/t Ag over 24.3 m; and TAG08-59 which assayed 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, located 4 kilometers south of the Engineer Mine, represents a highly prospective, underexplored target. It has identified a mineralized corridor approximately 800 metres by 180 metres in extent and represents an orogenic gold target associated with the Llewellyn Fault. Significant gold and silver values have been returned, including a quartz grab sample of 263 g/t gold and 1,350 g/t silver from the Lum showing (Aspinall (2011); ARIS Report #32004). Historic diamond drilling of 17 holes in 2011 returned numerous intercepts, with the most significant from hole WR030211 which assayed 11.3 g/t Au and 76.2 g/t Ag over 1 m, and hole WR040111 assaying 11.3 g/t Au and 94.8 g/t Ag over 1.0 m (Aspinall, 2011; BC ARIS Report #32478).
The rehabilitation of the camps is a strategic move that enables the company to deploy exploration teams quickly and cost-effectively, potentially accelerating the development of these highly prospective targets. This announcement underscores the company's commitment to advancing its projects and creating value for shareholders.
