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.
About SOQUEM
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