22:50:30 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Endurance Gold Corp
Symbol EDG
Shares Issued 145,379,342
Close 2023-07-11 C$ 0.25
Market Cap C$ 36,344,836
Recent Sedar Documents

Endurance Gold drills 4.2 m of 17.28 g/t Au at Reliance

2023-07-11 10:11 ET - News Release

Mr. Robert Boyd reports

ENDURANCE REPORTS ON DEEPEST DRILL INTERSECTION AT IMPERIAL - MULTIPLE INTERVALS WITH BEST AT 17.28 GPT GOLD OVER 4.2 M INCLUDING 35.2 GPT GOLD OVER 1.3 M

Endurance Gold Corp. has provided an update on the continuing exploration program at its Reliance gold project. Assay results are reported herein for the deepest hole drilled to date in the Imperial zone. The property is road accessible and located four kilometres east of the village of Gold Bridge, and 10 km north of the historic Bralorne-Pioneer gold mining camp which has produced over four million ounces of gold.

Drilling has now been conducted at the Diplomat, Imperial and Eagle zones with 11 holes completed for over 3,030 metres of the continuing 15,000 m program.

Assay results summarized herein have been received from diamond drill hole DDH23-066. This drilling tested the deeper northwest extensions of the Imperial zone on the Royal shear. Highlights of the drilling results include:

  • DDH23-066 drilled at minus 45 degrees returned three significant intersections from the Imperial zone:
    • 17.28 grams per tonne gold over 4.2 m, including 35.2 g/t gold over 1.3 m commencing at 306.5 m downhole depth;
    • Represents a 115 m stepout northwest from DDH23-065 intersection with 8.98 g/t gold over 9.3 m (see release dated June 26, 2023) and 60 m stepout northwest from DDH21-011 which reported 2.1 g/t gold over 24.9 m (see release dated Dec. 9, 2021);
    • Additional intersection of 2.26 g/t gold over 9.7 m, including 15.6 g/t gold over 0.8 m and 6.48 g/t gold over 0.7 m commencing at 312.45 m downhole depth;
    • Additional intersection of 4.86 g/t gold over 2.3 m, including 18.25 g/t gold over 0.4 m commencing at 384.69 m downhole depth;
    • This diamond drill hole intersection represents the deepest to date at 290 m below surface;
    • The altered and mineralized interval extends over about 80 m estimated true width, indicating the gold mineralized system remains open to expansion at depth and along strike;
    • The wider and better-grade intersections at the Imperial zone are now interpreted to have a northwest-trending plunge.
  • Four drill holes at the Eagle zone and one at the Crown target area have been completed with assay results pending.

"We are pleased to see the strong grade and width of the gold mineralizing system at the Imperial zone continue with significant stepouts at depth to the northwest where it is open to expansion. Furthermore, the four drill holes completed at the Eagle zone have intersected 18 anticipated mineralized intervals ranging up to 7.7 m in width. Thus, to date all of the 2023 drill holes have intersected intervals of cataclastite breccia, coxcomb quartz, arsenopyrite and stibnite which are associated with gold mineralization," stated Robert T. Boyd, chief executive officer of Endurance Gold. "The diamond drill hole testing the Crown soil anomaly is the first drill test of the 600 m undrilled gap between Imperial and Eagle zones."

Cataclastite breccia at the Reliance property consists of brittlely deformed, structurally hosted and laterally continuous breccia consisting of coarse- to fine-grained fragments including: carbonate-sericite altered mafic volcanic, altered feldspar porphyry, quartz vein and silicification fragments, with the better mineralized breccia hosting disseminated brittlely deformed pyrite arsenopyrite and stibnite. There is also a later pulse of multiphase coxcomb quartz which is subjected to less intense brittle deformation that is often associated with the better mineralized intervals.

A tabulation of all the drill intersections to date by the company at the Imperial zone highlight holes DDH23-066 and DDH23-065 (reported on June 26, 2023) represents two of the three most strongly gold mineralized holes drilled by the company to date at the Imperial zone.

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 designated for collection under the supervision of a geologist at the property. Drilling was completed with HQ- and NQ-size tools capable of collecting 4.76-centimetre-diameter core. NQ drill core was cut using a diamond saw with one-half of the core sent for analysis and the remaining kept for future studies. 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 less than two millimetres then up to 250 grams are pulverized to less than 75 microns. Samples are then submitted for four-acid digestion and analyzed for 48-element inductively coupled plasma mass spectrometry (ME-MS61) and gold 30-gram fire assay inductively coupled plasma atomic emission spectroscopy finish (AU-ICP21). Overlimit samples returning greater than 10 parts per million (ppm) gold are reanalyzed by Au-GRA21 methodology and overlimit antimony returning greater than 10,000 ppm Sb 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 work program is supervised by Darren O'Brien, PGeo, vice-president, exploration, for the company and the qualified person as defined in National Instrument 43-101. Mr. O'Brien has reviewed and approved this news release.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.