| Announcement Date: | 2022-02-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Enduro Metals Corp. |
| Project name: | Newmont Lake |
| Location: | Canada |
| Commodities: | Gold,Silver,Copper,Zinc |
| Highlight: | Drilling results incl. 256.5m @ 0.26g/t Au, 0.21% Cu, 0.31% Zn, 3.9g/t Ag from 3.0m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Kelowna, British Columbia–(Newsfile Corp. – February 7, 2022) – Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG) (“Enduro Metals” or the “Company”) is pleased to report additional 2021 diamond drilling results which further confirms the discovery of an important alkalic copper/gold porphyry discovery at Burgundy Ridge. Burgundy is 1 of 4 major systems on the Company’s wholly-owned 653 km2 Newmont Lake project in the Golden Triangle of northwestern British Columbia. Results from the other 3 zones on the property are still being accumulated and collated. Results from the latest holes support the discovery of a porphyry copper/gold deposit first announced on October 18 th , 2021 (see News Release dated October 18 th , 2021). Alteration, mineralization style, and metal assay grades suggest that we are on the periphery of a porphyry system. Enduro continues to evaluate drill core and other data to help vector toward the core of this mineral deposit. The Company contracted the expertise of GeoAqua Consultants led by Dr. Alan Wilson during the 2021 field season to identify and begin characterizing various hydrothermal alteration assemblages at Burgundy Ridge which are as follows: calc-potassic, calcic, calc-sodic, silicification, propylitic, illite, and Fe-carbonate. Further alteration studies are on-going. |
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