­ Engineer Gold Mines Ltd. announced an exploration summary of the 30,130-hectare Engineer Gold Mine Property near Atlin, BC. Review of the project has shown that in over 100 years of mining activity, the Engineer Gold Mine Property has only just recently been managed by one company, due to
fractured ownership. With historic mining, geology, drilling and sampling programs completed by different companies throughout the past century, a thorough compilation program is underway and will continue through this winter; furthering understanding of the property, while developing exploration targets for spring and summer 2023. Historically, there are two styles of epithermal gold mineralization at the Engineer Gold Mine Property; narrow, high-grade veins (0.3-3m, >35 g/t Au) and broad, low-grade shear structures with hydrothermal breccias (0.45 g/t Au over 34m in DDH08-07). In the past 35 years, only 42 drill holes totaling 7,104m have been drilled at the Engineer Mine area itself (excludes Tag, Wann River and Happy Sullivan drill programs). The lower limits of the high-grade zone at the historic Engineer Mine have not been reached or tested underground, nor adequately along strike. The low-grade target has potential to be significant in its size along strike and to depth. Shear A, currently traced for 6 km, is a long, major bounding and mineralized shear zone partially mined at the Engineer Gold Mine, and a splay to the Lewellyn Fault Zone. It is readily apparent in Company funded LiDAR imagery, extending 145° for 6 km from the "A" veins along the shoreline of Taku Arm to a major southwest flowing tributary of the Wann River. Dextral movement on Shears A and B resulted in the formation of the epithermal dilational fissure veins at Engineer. Only about 1 km of the Shear A structure has seen significant exploration, providing significant opportunity for discovery. The Happy Sullivan target, approximately 3 km north of the Engineer Mine, plus numerous other significant historic showings around the Engineer Mine property (Golden Bee, Sweepstake, Gleaner) have not seen significant modern exploration, and little to no drilling. Tag, approximately 6 km north of the Engineer Mine has a near surface Au-Ag, indicated (250,000 tonne) and inferred (400,000 tonne) resource open for further definition, exploration and development.
Wann River, approximately 4 km south of the Engineer Mine has produced bonanza grade polymetallic (Au-Ag-Cu-Pb-Zn) samples from float, providing significant exploration potential. A drill permit is approved for this area. Newly staked ground south of Wann River to the Core Assets (CSE:CC) CRD-
porphyry property provides new ground (11,234 hectares) for potential discovery along the Llewellyn Fault.