Evergold Corp (TSX-V:EVER, OTC:EVGUF) announced that it is preparing for its fall drill program at its DEM gold property in central British Columbia, Canada.
The mineral exploration company said personnel have been active on the ground refining targets for the fully financed drill program.
The drilling will follow a sampling program in July at the DEM1 prospect, extending the sampling grid to the west, north, and south, where previous results indicated an open multi-element soil geochemical anomaly over the DEM1 “magnetic donut.”
A first-ever sampling traverse across the DEM2 target area was also completed, mapping large areas of newly identified felsic intrusive rocks with disseminated sulphides.
Laboratory assays for this work are expected later this month and will inform the fall exploration program.
Further, the company said it intends to complete another 7 line kilometers of Induced Polarization (IP) surveying over the DEM1 prospect in the coming weeks.
The results of the IP surveying will be used to refine follow-up exploration.
“Geophysical surveying earlier this year highlighted an exceptionally strong target lying between last year’s two widely spaced drill pads, with another emerging to the south, suggesting that our first-ever holes on the large DEM1 target may have just missed where we really need to be,” Evergold CEO Kevin Keough commented.
“Testing these targets will be the primary focus for the forthcoming September-October drill program, as we believe they stand the best chance of delivering the stand-out drill results the current market demands.”