News Release 07-16
Endurance Gold Corporation (EDG - TSX.V) announces that it has completed a fifty-six hole, 653 metre diamond drilling program on the Pardo Property, located 65 kilometres northeast of Sudbury, in east-central Ontario. Thirty-seven of the holes were drilled in the Trench 2 Area, which returned 13 metres of 3.52 gpt Au in last year's surface stripping and channel sampling program. The holes, all vertical, tested the flat lying basal conglomerate on ten metre centres, over an area measuring approximately fifty by fifty metres. An additional eighteen holes tested strong IP anomalies immediately south and east of the Trench 2 Area. One hole was drilled north of the Trench 2 area, as part of a much larger planned program, however mechanical problems with the drill rig forced a premature termination of the contract.
Four hundred and eight samples have been submitted to Accurassay Laboratories in Thunder Bay, Ontario, for gold analysis. A complete set of results are expected by the first week of September, and will be reported at that time.
Endurance Gold is earning a 100% interest in the 2,864 hectare Pardo Property by making cash payments of $100,000 (of which $15,000 has been paid) and issuing 200,000 shares (of which 30,000 have been issued) by November 16, 2009.
Duncan McIvor, P. Geo., is the Qualified Person under National Instrument 43-101, and is responsible for the content of this news release.
ENDURANCE GOLD CORPORATION
Duncan McIvor
President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT EITHER
Duncan McIvor (604) 682-2707, or Jeffrey Wilson, Corporate Communications (604) 868-0225, or visit our website at www.endurancegold.com.
The TSX Venture Exchange or any other regulatory authority has not reviewed, and does not accept responsibility for, the adequacy or accuracy of this news release.