Engineer Gold Mines Ltd. (TSX-V: EAU | OTC: EGMLF | WKN: A3EEVJ) has announced that its 2026 Phase I exploration program is now underway on its 100% owned Engineer Gold Project, located 30 kilometres southwest of Atlin in northwestern British Columbia. The property spans 18,319 hectares covering a 25-kilometre contiguous claim block and hosts the historic Engineer Gold Mine, the TAG Property, the Wann River Prospect, and numerous other mineral occurrences.
The Phase I program includes soil and rock sampling at Engineer, soil geochemistry, and an in-depth core review and resampling at TAG. The Company is fully permitted to follow this with a Phase II program consisting of diamond drilling, excavator trenching, and induced polarization geophysical surveys in the Engineer Mine area. Phase II plans will be announced once finalized.
The Engineer Project hosts multiple styles of mineralization, including high-grade epithermal gold-silver veins, polymetallic veins, and structurally controlled bulk tonnage style gold systems.
At the Engineer Gold Mine, the Phase I program is designed to expand high-grade gold mineralization and adjacent bulk tonnage targets along strike of previously identified structural corridors, Shear A and Shear B. These structures have been traced by geophysics and geochemistry for over three kilometres to the south of the past-producing Engineer Mine.
At the TAG Property, located six kilometres north of the Engineer Mine, Phase I work includes a rigorous core review and infill core sampling program. From 2006 to 2008, a total of 11,520 metres of diamond drilling in 69 holes was completed at TAG (Fekete and Simper (2009), Fekete and Skinner (2007); ARIS reports #30931 and #29581). Recent on-site core re-examination has indicated that several drill intercepts crossing the identified mineralized trend were not fully sampled, and in some instances, samples were not collected adjacent to those hosting significant gold values. Once the infill and expanded drill core sampling is completed, a detailed model of the TAG results will be produced to target areas for potential expansion of the gold mineralization and to facilitate completing an updated resource estimate for TAG.
Additional soil geochemical sampling will be completed at TAG, as prior sampling returned anomalous gold and silver values uphill from the known mineralization, indicating the potential for a subparallel second mineralizing structure.
The Company also highlighted the Wann River Prospect, located four kilometres south of the Engineer Mine, which represents a highly prospective, underexplored orogenic gold target. Historic diamond drilling of 17 holes in 2011 returned numerous gold and silver intercepts, including 11.3 g/t Au and 76.2 g/t Ag over 1 metre (Aspinall, 2011; BC ARIS Report #32478).
Linda Dandy, P.Geo., is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content in this news release.
