Announcement Date: 2021-11-29
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Endurance Gold Corp.
Project name: Reliance
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 9.0m @ 7.49g/t Au
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Endurance Gold Corporation (EDG – TSX.V) (the “Company”) is pleased to report the first assay results from the 2021 diamond drilling program at the Reliance Gold Property (the “Property”) in southern British Columbia. The Property is located 4 kilometres (“km”) east of the village of Gold Bridge with year-round road access, and 10 km north of the historic Bralorne-Pioneer Gold Mining Camp which has produced over 4 million ounces of gold. As announced on November 3, 2021, the Company completed 4,329 metres (“m”) of diamond drilling in twenty-two (22) drill holes at the Eagle and Imperial Zones. Assay results have been received from the first four (4) diamond drill holes completed at the Eagle Zone and assays are pending for the remaining eighteen (18) holes. Locations of the reported diamond drill holes are shown on Figure 1. DDH21-003 intersected gold mineralization from surface and returned 6.08 grams per tonne (“gpt”) gold over an interval of 10.9 metres (“m”) with a high-grade interval of 10.94 gpt gold over 5.4 m. The hole was drilled into the Eagle 1 outcrop where channel sampling, reported on October 26, 2020, averaged 5.89 gpt gold over 31.5 m. The hole was drilled at an azimuth of 080 degrees and angle -45 degrees. Core recovery averaged 78% over this mineralized interval. A photo of the oxidized drill core intersection is shown on Figure 2. This hole was extended to a total depth of 215.5 m to provide footwall geology, structural and alteration data.
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