Mr. Robert Boyd reports

ENDURANCE REPORTS ADDITIONAL DRILL INTERSECTIONS FROM EAGLE AND CROWN ZONES 5.80 GPT GOLD OVER 23.0 METRES INCLUDES 8.52 GPT GOLD OVER 12.7 M

Endurance Gold Corp. has released the final set of 2023 drilling results from the Eagle and Crown zones at its Reliance gold project. The property is road accessible and located four kilometres (km) 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.

As previously reported, the 2023 diamond drilling program was completed with 5,301 metres in 22 drill holes. The results for the final seven holes of the season are reported herein. Highlights include:

• DDH23-076 returned 5.80 grams per tonne gold over 23 metres, including 8.52 g/t gold over 12.7 m from the Eagle zone;
• DDH23-078 returned five significant vein intercepts from the Crown zone. All veins returned high-grade gold and one vein displayed visible gold (VG):
  • 8.05 g/t gold over 1.4 m;
  • 9.67 g/t gold over 1.2 m (*VG);
  • 5.80 g/t gold over 2.1 m;
  • 9.46 g/t gold over two m;
  • 6.56 g/t gold over 2.5 m.

"We are pleased to see that drill testing of the Eagle zone continues to deliver high-quality wide drill intersections and remains open at depth and to the south, 550 m from today's best reported intersection," stated Robert T. Boyd, chief executive officer of Endurance Gold. "The cluster of visible gold specks in the Crown drill intercept also provides encouragement about the evolving potential at depth at Reliance."

DDH23-076 was drilled from the Eagle 1 outcrop exposure to collect a wide-diameter HQ drill core intercept of near-surface Eagle zone mineralization which had previously been tested and intersected by reverse circulation (RC) drilling. DDH23-076 successfully intersected the mineralized horizon starting at a downhole depth of 9.3 m. The hole returned 5.80 g/t gold over 23 m which included a 6.5 m altered but unmineralized feldspar dike. The margins on either side of the dike returned 8.52 g/t gold over 12.7 m, and 6.49 g/t gold over 3.6 m, respectively. Core hole DDH23-076 is a 10-metre stepout from RC hole RC20-016 that returned 6.2 g/t gold over 13.7 m (Feb. 2, 2021).

DDH23-078 was drilled from the same Eagle 1 drill pad with a modified azimuth and dip in order to test below the Crown target and target area extensions of drill results reported in DDH23-071 (reported Sept. 5, 2023). The drill hole successfully intersected multiple veins below the Crown outcrop showing. The Crown target has amongst the strongest gold-in-soil anomaly identified to date but previous outcrop sampling has failed to explain this soil anomaly. Core hole DDH23-078 intersected 12 gold-bearing quartz-carbonate veins ranging from 40-centimetre to 2.9 m drill lengths that are down dip of the Eagle zone. Five of the veins returned reportable gold intercepts and one of the veins returned a five-millimetre cluster of visible gold specks.

About 550 m to the south, DDH23-074 and DDH23-075 were drilled to test the deeper and southern extent of the Eagle South zone. They were aggressive 100 m stepouts from previous drilling and were the last holes initiated in Eagle prior to drilling being halted due to the wildfire evacuation. DDH23-074 returned 1.36 g/t gold over seven m, and 4.7 g/t gold over 2.2 m starting at 213.9 m depth. DDH23-075 returned 2.51 g/t gold over 2.7 m, starting at 256.5 m depth. Both holes intersected gold mineralization associated with encouraging structure and alteration down dip from the Eagle zone and indicate the Eagle zone remains open at depth and to the southeast. The remaining Eagle zone deep extension targets between DDH23-074 and the Crown area, and testing of the undrilled gap between Eagle and Imperial could not be completed due to the wildfire evacuation and will be tested in the 2024 field season.

Drill holes DDH23-077 to DDH23-080 were collared at the Eagle 1 and Eagle 2 outcrops. These holes experienced HQ drill core recovery problems due to surface weathering and oxidation of the near-surface Eagle zone horizon and thus, despite some encouraging gold assays, failed to produce sufficient drill core to provide a professionally reportable drill intersection within the initial 40 m drilled in these holes. Three of these holes were abandoned at around this depth. DDH23-078 also had poor recovery, but was extended at depth through the poor recovery area to test the Crown target with encouraging results as reported above. These near-surface infill HQ diamond drill holes will be redone in the 2024 season with a modified core recovery technique to achieve higher core recovery. Previously reported and encouraging RC and channel sampling results remain valid for the Eagle 1 and Eagle 2 outcrops as those sampling techniques returned 100-per-cent recovery.

About Endurance Gold Corp.

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