January 09, 2006
Nechako Property Update And 2006 Exploration Outlook
|Endurance Gold Corporation (EDG -- TSX.V) announces that it has received assay results from the three hole, 422 metre diamond drilling program completed on the Nechako Gold Property in December, 2005 (See News Release 05-14, dated December 13, 2005), and no significant gold values were returned. The planned drilling program was shortened due to unfavourable weather conditions. As such, there was no opportunity to test the primary target, a deep hole beneath a zone of known mineralization (to 611 ppb Au over 64 metres) as defined by Lac Minerals in the 1980s. Endurance will complete an expanded drilling program in the late spring.|
The Company plans to focus its 2006 exploration efforts on the Nechako and BQ Properties in British Columbia, and the Pardo Property in Ontario, while continuing to seek significant new advanced stage acquisitions. With approximately C$1 Million in the treasury, the Company believes it is well positioned to advance the existing property portfolio, and identify and acquire substantial new projects during the coming year.
ENDURANCE GOLD CORPORATION
Per: "Duncan McIvor"
President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT
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.
You can view the Next News Releases item: Tue Jan 17, 2006, Field Work Resumes on BQ Property
You can view the Previous News Releases item: Wed Dec 14, 2005, Abbreviated Drilling Program Vests Endurance 60% Interest In Nechako Gold Property
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