January 17, 2006
Field Work Resumes on BQ Property
|News Release 06-02|
Endurance Gold Corporation (EDG - TSX.V) is pleased to announce that it has remobilized a line-cutting crew to the BQ Property, located 26 kilometres west of Smithers, B.C., to complete an additional 20.6 line-kilometres of grid work on the property in order to facilitate IP coverage. To date, a very strong IP chargeability anomaly, with a coincident zinc-arsenic-silver soil anomaly, has been defined over a 250 metre strike length. The new grid will allow IP coverage over a 2 kilometre strike length, and will also allow for additional soil geochemistry and mapping during the summer field season. Pending results, the Company may complete a small, approximately 500 metre diamond drilling program on the property prior to break-up.
In other news, Amarc Resources Ltd. has elected not to participate in its pro-rata share of costs for the recently completed diamond drilling program on the Nechako Gold Property, located 75 kilometres west of Quesnel, B.C. As a result of that decision, the property is now held 67.39% by Endurance, and 32.61% Amarc. Endurance will be proposing a Q1-Q2 Exploration Budget for the property in the coming weeks, and Amarc will have the option to participate on a pro-rata basis, or continue to be diluted.
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
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.
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