Mr. Robert Boyd
reports
ENDURANCE 2024 EXPLORATION PLANS, RELIANCE GOLD PROJECT
Endurance Gold Corp. plans to
mobilize crews in early May to initiate its 2024 exploration field program at the Reliance gold property in Southern British Columbia. The road-accessible, 5,444-hectare property is located four kilometres east of the
village of Gold Bridge and 10 kilometres north of the historic Bralorne-Pioneer gold mining camp, which has produced over four million ounces of gold.
Highlights for 2024 program plans include:
-
Up to 10,000 metres of diamond drilling on the fully permitted Royal shear trend;
- Geochemical surface sampling and prospecting to expand the Upper Eagle, Enigma and Olympic soil grids to
develop additional drill-ready targets;
- Geological, structural, mineralogical and metallurgical studies;
- Community consultation ahead of a drill permit application on the Olympic option;
- Continued property-scale environmental baseline studies;
- Revise 3-D geological model in anticipation of an inaugural mineral resource estimate.
The proposed 2024 program is designed to expand the gold zones discovered within the Royal shear, at depth and
along strike. To date, the company has completed 82 diamond drill holes for 17,907 metres drilled along 1.5 kilometres of the
Royal shear gold-mineralized trend. The drilling has been extremely successful, with 53 of the 82 diamond drill holes
returning drill intersections in excess of 10 gram-metres gold. Highlight results from eight of these drill holes include:
-
15.70 grams per tonne gold over 24.8 metres, including 26.96 grams per tonne gold over 4.1 metres;
- 8.62 grams per tonne gold over 24.4 metres, including 17.02 grams per tonne gold over 4.3 metres;
- 8.47 grams per tonne gold over 24.9 metres, including 16.27 grams per tonne gold over 10.5 metres;
- 5.80 grams per tonne gold over 23.0 metres, including 8.52 grams per tonne gold over 12.7 m
- 8.41 grams per tonne gold over 12.0 metres, including 11.85 grams per tonne gold over 7.7 metres;
- 8.06 grams per tonne gold over 13.5 metres, including 10.41 grams per tonne gold over 5.5 metres;
- 7.65 grams per tonne gold over 12.7 metres, including 10.00 grams per tonne gold over 8.7 metres;
- 3.05 grams per tonne gold over 139.9 metres, including 12.85 grams per tonne gold over 12.9 metres.
Crews will mobilize and commence surficial fieldwork and baseline studies in May. First nation consultation is in
progress for an anticipated new drill permit application for the Olympic and Enigma targets. The Royal shear drilling
will focus on previously untested areas between Imperial and Eagle, along strike to the northwest of Imperial, and at
depth at the Eagle and Imperial zones.
The Reliance gold project is interpreted to host a shallow-level (epizonal) orogenic gold system. Gold mineralization
is directly related to varying amounts but low-sulphide concentrations of arsenopyrite, stibnite and pyrite as sulphide
replacement and multigenerational breccias often with associated pervasive silicification, quartz stockwork and/or
quartz breccia infill. Since the 2020 discovery of the Eagle zone, the company has completed 84 RC (reverse circulation) drill holes and 82
diamond drill holes along a 1.5-kilometre strike of the Royal shear host.
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.
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.