Announcement Date: 2022-08-08
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Endurance Gold Corp.
Project name: Reliance
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 13.5m @ 8.06g/t Au from 80.4m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Endurance Gold Corporation (EDG – TSX.V; ENDGF – OTC Pink; 3EG – Frankfurt) (the “Company”) is pleased to report the next set of encouraging diamond drill results from the Eagle area on its Reliance Gold Property (the “Property”) in southern British Columbia. The road accessible property is located 4 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 4 million ounces of gold. Assay results reported below are from the next four (4) diamond drill holes planned to test recently discovered goldmineralized feeder breccia structures related to the Eagle Zone. Drilling within the Eagle South Target Area has now identified multiple quartz vein zones with estimated horizonal widths varying from 5 metres (“m”) to 52 m (see example in Figure 1 below). These quartz veins have been pervasively brecciated throughout with gold-arsenopyrite mineralization concentrated in more intense cataclastite-type brecciation along the larger breccia quartz-vein contacts (see example in Figure 2). Several gold-mineralized feeder structures are now observed in the Eagle South Target Area. Highlights of the drilling results include DDH22-026 intersected 8.06 grams per tonne (“gpt”) gold over 13.5 m, including 10.41 gpt gold over 5.5 m commencing at 80.4 m downhole. This mineralized intersection is hosted within a brecciated quartzarsenopyrite vein that is interpreted to be a 25 m down-dip step-out from previously reported drill hole DDH21-020 which returned 15.7 gpt gold over 24.8 m
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