Ensign Minerals is focused on exploring for precious metals in one of the richest geological settings and mining friendly regions in Utah, USA. The Company controls approximately 6,200 hectares in the Mercur district on primarily patented claims and its properties include Mercur, West Mercur, South Mercur and North Mercur. The Mercur district is located in the Oquirrh Mountains, one of the richest mountain ranges on earth. The past producing Mercur mine historically produced approximately 2.6 million ounces of gold. With Ensign’s recent consolidation of the large land package, there is significant exploration potential.
In December 2020, the Company commenced a 9,942 meter reverse circulation drilling program that was completed in October 2021. In 2022, the Company has a planned approximate 8,760 meter drilling program that will consist of both reverse circulation and core drilling in addition to geologic mapping & sampling, metallurgical test work, a resource estimate and a scoping study or preliminary economic assessment.
With excellent infrastructure, easy access, a favorable permitting process and world class deposits in the area the Company is well positioned to deliver shareholder value through the long-term development of its assets.