Engineer Gold Mines Ltd. (TSX-V: EAU | OTC: EGMLF | WKN: A3EEVJ) announced that its 2026 Phase I exploration program is now underway at its 100% owned Engineer Gold Project, located 30 kilometres southwest of Atlin in northwestern British Columbia. The project spans 18,319 hectares over a 25-kilometre contiguous claim block and hosts the historic Engineer Gold Mine, the TAG Property, the Wann River Prospect, and numerous additional 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 for a subsequent Phase II program, which will consist 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 features 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 work aims 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 south of the past-producing mine. The program will include an expanded soil and rock sampling effort.
At the TAG property, located six kilometres north of the Engineer Mine, Phase I involves a rigorous core review and infill core sampling program. From 2006 to 2008, 11,520 metres of diamond drilling in 69 holes was completed at TAG (ARIS reports #30931 and #29581). Recent on-site core re-examination revealed 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 core sampling is completed, a detailed model of the TAG results will be produced to target areas for potential expansion of gold mineralization and to facilitate an updated resource estimate. Additionally, soil geochemical sampling will be conducted at TAG, as prior sampling returned anomalous gold and silver values uphill from known mineralization, indicating a potential subparallel second mineralizing structure.
Linda Dandy, P.Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content in this news release.
