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E2Gold Inc V.ETU

Alternate Symbol(s):  ETUGF

E2Gold Inc. is a Canadian gold exploration company. The Company is engaged in the business of acquisition, exploration and evaluation of mineral properties and developing these properties further or disposing of them when evaluation is complete. The Company's projects include the Hawkins Project and the Band-Ore Project. The 80 kilometers (km) long Hawkins Project covers portions of 10 townships in north central Ontario, about 125 km northeast of Hemlo and approximately 160 km west of Timmins. The property is comprised of approximately 3,310 claims covering 701 square kilometers (km2). The project hosts a shallow-level Inferred Resource - the McKinnon Zone - which is located in the center of the property in Hawkins Township. The Band-Ore Project is located approximately 75 km west of Thunder Bay, Ontario, in Hagey and Conacher Townships, the project consists of 109 staked mining claims, as well as 16 patented mining claims and one mining lease.


TSXV:ETU - Post by User

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Post by Betteryear2on Apr 07, 2022 8:14am
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Post# 34583462

E2Gold Intersects Wide Zones and High Grades

E2Gold Intersects Wide Zones and High Grades

Click here for a video summary of this release.

  • Confirms growth and widening of McKinnon Zone footprint at depth
  • Characterized by local high grade assays up to 14.7 g/t Au over 1 m surrounded by consistent wide zones of lower grade gold halo
  • Potential new zone 200 m north of McKinnon with 9.9 g/t Au over 1 m

TORONTO, ON / ACCESSWIRE / April 7, 2022 / E2Gold Inc. (TSXV:ETU) (the "Company" or "E2Gold") announces the remaining results from its 10,171 m step-out drill program on the Hawkins Gold Project. Consistent grades at depth more than doubled the McKinnon Zone footprint over the 3 km strike length, indicating potential for further growth below the existing Resource.1 These early results also suggest thickening of the Zone at depth, as well as the discovery of a new off-trend zone in amphibolite. Follow-up targets are being selected as part of E2Gold's next drilling campaign.

E2Gold Intersects Wide Zones and High Grades in Step-Out Drill Program

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