InvestmentPitch Media Video Discusses Endurance Gold’s Report of 139.9m of 3.05 gpt Gold including 12.9m of 12.85 gpt Gold & 11.8m of 6.21 gpt Gold at Southeast Eagle at Reliance Gold Property, BC
January 13 2023 - 6:00AM
Endurance Gold Corporation (TSXV:EDG) (OTCPink:ENDGF) (FSE:3EG) has
reported additional assay results from the 2022 diamond drilling
program at its Reliance Gold Property in southern British Columbia,
including
3.05 gpt gold over 139.9 metres from the
Eagle Zone. 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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InvestmentPitch Media video which provides additional information
about this news and the company, along with video comments from
Robert Boyd, President and CEO of Endurance. The video is available
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During the 2022 field season, Endurance completed
thirty-eight diamond drill holes for 8,274 metres and thirty-three
reverse-circulation drill holes for 2,455 metres. A summary of the
2022 reverse circulation and the 2021 diamond drill results are
available on the company’s website.
Today’s assay results are from twelve diamond
drill holes which tested the southeast extent of the Eagle Zone.
The primary objective of the 2022 diamond drilling program was to
define the strike extent of the Eagle and Eagle South Feeder Zone
mineralized systems. This objective was achieved with the expansion
of the Eagle Zone to 530 metres in strike length, expanding the
gold mineralized portion of Eagle South Feeder Zone to 550 metres
in strike length, and recognition that the Eagle South Feeder Zone
is open along strike in both directions.
Within the Eagle South Feeder Zone, multiple
quartz vein zones have been recognized in widely spaced drill holes
with estimated horizontal widths ranging from 5 to 52 metres.
Highlights include hole DDH22-058 which returned
3.05 gpt gold over 139.9 metres from the Eagle
Zone commencing at 32 metres downhole depth. High-grade
subintervals of the Eagle Zone include 12.85 gpt gold over
12.9 metres and 6.21 gpt gold over 11.8 metres. Based on
the drill intersections previously reported in October 2022, the
true width of the Eagle Zone at the location of these higher-grade
intercepts is interpreted to be between 15 and 30 metres. Hole
DDH22-058 also returned 4.73 gpt gold over 6.1 metres and 9.91 gpt
gold over 0.8 metres from the contact zones of the 024 Vein within
the Eagle South Feeder Zone. These Eagle South Feeder Zone
intercepts are estimated to be approximate true width.
Other highlights include hole DDH22-056 which
returned 16.99 gpt gold over 3.7 metres commencing
at a downhole depth of 78.0 m and extended the Eagle Zone sixty
metres to the southeast.
Hole DDH22-055 returned 5.0 gpt gold over 9.8 m
commencing at a downhole depth of 49.5 m from a mineralized vein
zone representing the 037 Vein on the ESFZ. The hole also
intersected the augite-rich gabbro at depth where a splay of the
Eagle Zone was intersected at 72 m depth which returned 2.72 gpt
gold over 2.6 m.
In addition to the Reliance Gold property, 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 $0.39. 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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