Mr. Robert Boyd reports

ENDURANCE REPORTS MULTIPLE GOLD INTERSECTIONS IN FIVE DRILL HOLES -- NEW EAGLE ZONE INTERSECTIONS OF 7.65 GPT GOLD OVER 12.7 M AND 7.55 GPT GOLD OVER 8.9 M

Endurance Gold Corp. has released additional assay results from the continuing diamond drilling program at its Reliance gold property in Southern British Columbia. The road-accessible property is located four kilometres east of the village of Gold Bridge and 10 kilometres north of the historical Bralorne-Pioneer gold-mining camp, which has produced over four million ounces of gold. As of Sept. 30, the company has completed 33 diamond drill holes (7,039 metres) in 2022, with results released to date on 16 drill holes.

Assay results reported herein include nine significant gold intersections from five additional diamond drill holes completed in the Eagle area. The prime objectives of the 2022 diamond drilling program are to extend the strike of the mineralized system and to test the extent of mineralized feeder structures below the shallow-dipping, near-surface Eagle zone. Highlights of the drilling results include:

• Holes DDH22-035, DDH22-036, DDH22-037 and DDH22-038 were drilled from the same pad and extended mineralization 165 m to the southeast from hole DDH21-020, which returned 15.7 grams per tonne gold over 24.8 m (see news release dated Jan. 12, 2022).
• DDH22-036 intersected the Eagle zone commencing at 22 m vertically below surface. Two mineralized intervals were intersected over a 31 m interval, indicating a bifurcation of the zone. The hole returned:
  • 7.65 g/t gold over 12.7 m, including 10 g/t gold over 8.7 m, in an upper intersection of the Eagle zone;
  • 7.55 g/t gold over 8.9 m, including 13.35 g/t gold over two m, from the Lower Eagle zone;
  • This intersection confirms a nearby, earlier 2022 reverse circulation drill hole (RC22-078), which returned 3.89 g/t gold over 30.48 m (see news release dated June 28, 2022).
• DDH22-035 also intersected the Lower Eagle zone and returned 1.89 g/t gold over 15.5 m.
• DDH22-037 was drilled to a total depth of 288.7 m and tested across the Eagle South Feeder target area. The hole returned four significant intersections related to steeply dipping structural controls associated with the 024 vein and the 027 vein:
  • 2.91 g/t gold over 10.5 m, commencing at 70.2 m;
  • 1.95 g/t gold over eight m, commencing at 93 m;
  • 2.88 g/t gold over four m, commencing at 258 m;
  • 4.03 g/t gold over 5.7 m, commencing at 272 m.
• DDH22-038 was drilled to test the southeastern strike extension of the 024 vein in the Eagle South Feeder target area. The hole returned 11.64 g/t gold over 2.8 m from the mineralized margin of the vein.
• Drill holes DDH22-037 and DDH22-038 provided five additional gold intersections related to the 024 vein and the 027 vein. The deepest gold intersections in DDH22-037 are located 140 m south of the 16.66 g/t gold over 4.3 m previously reported in DDH22-027 (see news release dated Sept. 6, 2022). The 027 vein has been intersected by six widely spaced drill holes over a 260 m strike length. Assays are pending for four of these holes. The 024 vein has now been intersected by nine drill holes over a 200 m strike length. Assays are pending for three of these holes.
• Hole DDH22-033 was collared 125 m to the north and returned 4.14 g/t gold over 8.3 m, commencing at 135.6 m. This intersection is interpreted to be the southeastern feeder zone extension of the gold intersection in DDH21-020. DDH22-034, a steeper drill hole from the same set-up, was drilled below the Eagle zone and did not intersect any significant gold.

"We now have assay results from 38 diamond drill holes completed in 2021 and 2022, with 78 per cent of these drill holes returning significant gold intersections," commented Robert T. Boyd, chief executive officer of Endurance Gold. "The ongoing drilling program has delineated the Eagle zone over a 500-metre strike extent and has discovered large, brecciated quartz veins, signifying a robust orogenic gold system with depth potential. Future drilling will continue to expand the Eagle zone and delineate mineralized feeder zones related to the quartz veins."

As reported on Aug. 8, 2022, drilling within the Eagle South zone has identified multiple quartz vein zones with estimated horizontal widths ranging from five m to 52 m. The most significant veins with associated mineralization to date are the 024 vein and the 027 vein. These quartz veins exhibit a pervasive crackle breccia texture with gold-arsenopyrite mineralization concentrated in more intense cataclastite brecciation along the quartz vein margins.

The Eagle South Feeder target area is about 150 m wide and at least 400 m in length, bound by the shallower-dipping Eagle zone to the northeast and the steeply dipping Royal shear fault to the southwest, and is open along strike and to depth below the southwest-dipping Royal shear. Eagle South is an area of brittle-ductile deformation and strong pervasive ankerite-sericite alteration, with multiple brecciated quartz veins identified to date. The strike length and depth potential of each of these brecciated quartz veins are currently unknown, and the distribution of the gold-rich and arsenopyrite-rich margins of these breccia zones is still poorly understood. Of the 33 drill holes completed, assay results are pending on a portion of DDH22-025 and for drill holes DDH22-039 to DDH22-055.

The 2022 diamond drill assay results reported in this release are summarized in an attached table. Previously reported 2022 diamond drill intersections are completely summarized in the news release dated Sept. 6, 2022. The complete tabulation of previous RC and 2021 diamond drill results are summarized on the company's website.

About Endurance Gold Corp.

Endurance Gold is a company focused on the acquisition, exploration and development of highly prospective North American mineral properties with the potential to develop world-class deposits.

Diamond drill core was logged and evaluated on the property, and samples were designated for collection under the supervision of a geologist at the property. Drilling was completed with NQ-size tools capable of collecting 4.76-centimetre diameter core. Drill core was cut using a diamond saw, with one-half of the core sent for analysis and the remaining half kept for future studies. Sample intervals were typically two m core length, and intervals were shortened for lithology or alteration changes. All drill core samples have been submitted to ALS Global in North Vancouver, B.C., an ISO/IEC 17025:2017-accredited laboratory, where they are crushed to 70 per cent passing fewer than two millimetres, then up to 250 grams are pulverized to fewer than 75 micrometres. Samples are then submitted for four-acid digestion and analyzed for 48 elements using ICP-MS (ME-MS61) and for gold using a 30 g fire assay with an ICP-AES finish (AU-ICP21). Overlimit samples returning greater than 10 parts per million gold are reanalyzed by Au-GRA21 methodology, and antimony overlimits returning greater than 10,000 ppm antimony are reanalyzed by Sb-AA08 methodology. Endurance Gold monitors quality assurance/quality control by inserting blanks, certified standards and pulp duplicates into the sample stream.

The 2022 work program was supervised by Darren O'Brien, PGeo, vice-president of exploration, the qualified person as defined in National Instrument 43-101. Mr. O'Brien has reviewed and approved this news release.

We seek Safe Harbor.