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 and includes the historic Engineer Gold Mine, the TAG Property, the Wann River Prospect, and numerous other mineral occurrences.
The Phase I program consists of soil and rock sampling at the Engineer Mine, soil geochemistry, and an in-depth core review and resampling at the TAG Property. The company is fully permitted to proceed with a Phase II program that will include 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 Mine, Phase I 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, which have been traced for over 3 kilometres to the south.
At the TAG Property, located 6 kilometres north of the Engineer Mine, Phase I includes a rigorous core review and infill core sampling program. From 2006 to 2008, 11,520 metres of diamond drilling in 69 holes were completed at TAG. Recent on-site core re-examination indicated that some drill intercepts crossing the mineralized trend were not fully sampled. Once infill sampling is completed, a detailed model will be produced to target areas for potential expansion and to facilitate an updated resource estimate for TAG. Additional soil geochemical sampling will also be completed, as prior sampling returned anomalous gold and silver values uphill from known mineralization, suggesting a potential subparallel second mineralizing structure.
The Engineer Gold Mine is a past-producing underground gold-silver operation with historical production between 1910 and 1952 totalling approximately 14,263 tonnes grading 39.4 g/t gold and 19.5 g/t silver (BC Minfile 104M014). The TAG Property is associated with a 6 km long structurally controlled mineralized system, with significant historical diamond drill intervals including 1.7 g/t Au over 26.7 m in hole TAG06-23 and 1.3 g/t Au over 35.0 m in hole TAG07-29.
The Wann River Prospect, located 4 kilometres south of the Engineer Mine, represents an underexplored orogenic gold target. A quartz grab sample returned 263 g/t gold and 1,350 g/t silver from the Lum showing, and historic drilling returned intervals such as 11.3 g/t Au over 1 m in hole WR030211.
The technical content of this news release has been reviewed and approved by Linda Dandy, P.Geo., a Qualified Person as defined by National Instrument 43-101. For further details, refer to the company's public disclosure at SEDAR+.
