Assay results have been received for three additional drill holes from the maiden diamond drilling program at the Eagle Zone, with additional near-surface high-grade gold intervals that confirm the zone is open to expansion.
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I’m Megan Edwards Investmentpitch Media
Endurance Gold Corporation has reported additional encouraging assay results from its 2021 diamond drilling 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.
As announced on November 3, 2021, the company completed 4,329 metres of diamond drilling in 22 drill holes at the Eagle and Imperial Zones.
Assay results have been received for three additional drill holes from the maiden diamond drilling program at the Eagle Zone, with additional near-surface high-grade gold intervals that confirm the zone is open to expansion.
Highlights include Hole DDH21-006, which intersected gold mineralization of 8.62 grams per tonne gold over 24.4 metres estimated true width, including 17.02 grams per tonne gold over 4.3 metres, which commenced at 25.6 metres down hole.
Hole DDH21-005 intersected 2.39 gpt gold over of 14.8 metres estimated true width, which commenced at 14.3 metres down hole, and
Hole DDH21-007 which intersected two gold intervals, 2.67 gpt gold over 2.5 metres and 2.08 gpt gold over 16.9 metres, which included 6.28 gpt gold over 2.0 metres and 5.28 gpt gold over 3.3 metres, with the gold mineralized commencing at 30 metres and 44.9 metres down hole, respectively.
These two images show the drill sections.
DDH21-006 was drilled east at minus 45 degrees to test the downdip and southeastern extension of the Eagle Zone and is the first entirely unoxidized Eagle Zone intersection.
One of the sulphide-rich and silicified breccia intervals assayed 37.4 gpt gold over 1.3 metres.
Assay results for the first four holes completed at the Eagle Zone were reported on November 29th, with intersections of 10.94 gpt gold over 5.4 metres and 7.49 gpt gold over 9.0 metres.
Assay results for three of six holes drilled at the Imperial Zone were reported on December 9th, with a highlight intersection of 8.47 gpt gold over 24.9 metres including a higher grade core of 16.27 gpt gold over 10.5 metres.
Robert Boyd, Endurance Gold’s President and CEO, has joined us today to give us his comments on this news. Welcome Robert. (PAUSE) Thank you Robert
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 $0.31.
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.
I’m Megan Edwards for Investmentpitch Media
