InvestmentPitch Media Video Discusses Endurance Gold’s Report of First Gold Results from 2022 RC Program at Reliance Property, BC, with 6.64 g/t gold over 30.48 metres including 13.75 g/t gold over 9.15 metres
June 08 2022 - 6:00AM
Endurance Gold Corporation (TSXV:EDG) (OTCPink:ENDGF) has reported
initial results from its 2022 reverse circulation drill program at
its Reliance Gold Property in southern British Columbia. With
year-round road access, the Reliance Gold Property is located 4
kilometres east of the village of Gold Bridge and 10 kilometres
north of the historic Bralorne-Pioneer Gold Mining Camp, which has
produced more than 4 million ounces of gold.
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Robert T Boyd, President and CEO of the company. The video is
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Thirty-three RC drill holes were completed in the
spring RC drill program, with 25 holes completed on the Eagle and
Eagle South Targets, and as previously reported 8 holes were
completed along the Treasure structural trend. Today’s results are
from the first 3 RC drill holes at the Eagle Zone and 4 holes on
the Treasure Trend.
Gold assay results are pending on 21 RC drill
holes at Eagle and Eagle South (020 Target) that were highlighted
to have mineralized potential based on Portable X-Ray Fluorescence
scanning of RC drill chips. The pXRF technique does not report
quantifiable gold but previous work by the company has shown that
arsenic mineralization has a strong positive correlation with gold
mineralization.
Highlights include Hole RC22-062 which tested the
"020 Target" of the Eagle Zone and intersected 6.64 grams per tonne
gold over 30.48 metres, starting at 44.2 metres in depth. Within
this intersection, there is a higher-grade interval of 13.75 gpt
gold over 9.15 metres. The 020 Target is currently interpreted to
be a steeper dipping structure hosted within a regional scale
reverse fault.
RC22-062 was designed to test the true width of
mineralization discovered in diamond drill hole DDH21-020 which
returned 15.7 gpt gold over 24.8 m, starting at 33.3 metres. The
higher grade interval in RC22-062 has a similar grade to the
intersection in DDH21-020.
Portable X-Ray Fluorescence of Hole 062 reported
2,039 ppm pXRF arsenic over 38.1 metres associated with this
intersection confirming the pXRF arsenic vs. gold correlation.
RC22-062 is the first of 5 RC holes with elevated pXRF arsenic
intervals exceeding 18 metres. The five holes are distributed along
the strike of the Eagle Zone for 250 metres.
Located 140 metres north, Hole RC22-061
successfully intersected the up-dip extension of the Eagle Zone
with two intervals of 9.69 g/t gold over 3.05 m and 6.92 g/t gold
over 3.05 m, commencing at 38.1 m and 57.91 m, respectively. The
Treasure Trend is confirmed as a gold-bearing southwest dipping
structure with the best intersections of 1.8 g/t gold over 4.57 m
and 1.4 g/t gold over 3.05 m at the Vista prospect.
The company has a number of other highly
prospective North American mineral properties which management
considers have the potential to develop world-class deposits.
The shares are trading at $0.41. For more
information, please visit the company’s website,
www.EnduranceGold.com, contact Robert T. Boyd, President and CEO,
at 604-682-2707 or by email at info@EnduranceGold.com.
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