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Engineer Gold Mines Begins Rehabilitating Camps to Expand Exploration Programs

Engineer Gold Mines has started rehabilitating two camps at its Engineer Gold Project in British Columbia to support expanded 2026 exploration programs, leveraging existing infrastructure to accelerate operations.
Engineer Gold Mines Begins Rehabilitating Camps to Expand Exploration Programs

Engineer Gold Mines Ltd. (TSX-V: EAU | OTC: EGMLF | WKN: A3EEVJ) has announced that crews, supplies, and equipment have arrived at its 100% owned Engineer Gold Project, located 30 kilometres southwest of Atlin in northwestern British Columbia. The company is re-establishing and rehabilitating the two 20-person camps at its Engineer Mine Project and at the TAG Project to expand its 2026 exploration programs, as previously announced in a July 28, 2026 news release.

Both camps are already in place and fully built, but have not been used since 2009 for the TAG camp and 2021 for the Engineer camp. Spiro Kletas, President and CEO, commented, “We are very excited to re-establish the camps at the Engineer and TAG project sites. The fact that both camps are already in place, built and paid for, is an enormous advantage for Engineer Gold Mines and our shareholders. This will allow the Company to have full teams at both sites very shortly and will enable the Company to expedite our exploration programs.”

The Engineer Gold Project encompasses approximately 18,319 hectares and is subdivided into three principal target areas: the Engineer Gold Mine, the TAG Property, and the Wann River prospect. The historic Engineer Gold Mine is a past-producing, underground gold-silver operation. Historical production between 1910 and 1952 totalled approximately 14,263 tonnes grading 39.4 g/t gold and 19.5 g/t silver (BC Minfile 104M014). In 2011, an historical Inferred Mineral Resource as defined under National Instrument 43-101, including only the Engineer and Double Decker veins, was completed (Snowden, 2011, amended and restated in 2018, O’Brien et al - www.sedarplus.ca). The historical resource, based on a 5.0 g/t gold cut-off, gave an inferred 25,000 ounces of gold at a grade of 19 g/t.

The TAG Property is located approximately 6 kilometres north of the historic Engineer Mine and is associated with a 6km long structurally controlled mineralized system related to splays off of the Llewellyn Fault. Significant historical diamond drill intervals from TAG include: Hole TAG06-23 which assayed 1.7 g/t Au and 5.1 g/t Ag over 26.7 m (including 3.52 g/t Au over 4.7 m); hole TAG07-29 which assayed 1.3 g/t Au and 5.9 g/t Ag over 35.0 m; TAG08-51 which assayed 1.8 g/t Au and 7.4 g/t Ag over 24.3 m; and TAG08-59 which assayed 1.5 g/t Au and 8.05 g/t Ag over 42.1 m (Fekete and Simper (2009), Fekete and Skinner (2007); ARIS reports #30931 and #29581).

The Wann River prospect, located 4 kilometres south of the Engineer Mine, represents a highly prospective, underexplored target. Exploration work to date has identified a mineralized corridor approximately 800 metres by 180 metres in extent. While mineralization at the Engineer Mine and TAG Property is characteristic of epithermal-style systems, the Wann River prospect represents an orogenic gold target associated with the prolific Llewellyn Fault and has returned significant gold and silver values, including a quartz grab sample of 263 g/t gold and 1,350 g/t silver from the Lum showing (Aspinall (2011); ARIS Report #32004). Historic diamond drilling of 17 holes in 2011 returned numerous gold and silver intercepts, with the most significant intervals from hole WR030211 which assayed 11.3 g/t Au and 76.2 g/t Ag over 1 m, and hole WR040111 assaying 11.3 g/t Au and 94.8 g/t Ag over 1.0 m (Aspinall, 2011; BC ARIS Report #32478).

The re-establishment of the camps is a strategic move that allows the company to deploy full teams to both sites promptly, expediting exploration programs. By utilizing existing infrastructure, Engineer Gold Mines can allocate more resources to drilling and other exploration activities, potentially accelerating the discovery and development of mineral resources. This initiative underscores the company's commitment to advancing its projects in a cost-effective manner, which could be significant for shareholders and the regional mining industry.

For further information, contact Engineer Gold Mines Ltd. at +1 604-669-6463 or visit their website at engineergoldmines.com. The TSX Venture Exchange has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

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