November 12, 2009
Endurance Granted State Leases Totaling An Additional 2,560 Acres In Rattlesnake Hills, Wyoming ; Quantec Geophysical Survey Defines Strong Targets On Two 100% Owned Claim Blocks;
|NEWS RELEASE 09-18|
Endurance Gold Corporation (EDG -- TSX.V), through its 100% owned US subsidiary Endurance Resources Inc., is pleased to announce that it has been granted four state leases totaling 2,560 Acres, located in the Rattlesnake Hills area of central Wyoming. This acquisition brings Endurance's total land position to over 3,500 acres. The State Leases are renewable annually, on receipt by the State of proscribed rental payments.
A map illustrating the location of the State Leases in relation to the current Endurance land position is posted on our website, at www.endurancegold.com, under the Natrona Project Heading.
The recently completed Controlled Source Audio-Magneto-Telluric ("CSAMT") surveys completed on the BC and TMS Claim blocks by Quantec Geoscience USA Inc. have been interpreted, and have defined strong resistivity lows on the margins of Tertiary aged phonolite intrusions on those two properties. These margins are host to diatreme breccias containing significant gold mineralization on the adjacent Evolving Gold Rattlesnake Hills property. The resistivity low anomalies are in sharp contrast to resistivity highs associated with the phonolitic intrusive rocks, and the basement Precambrian metavolcanics intruded by the phonolites, and may represent similar zones of diatreme breccia or other structurally controlled/introduced zones of interest at the contact between the two lithologies.
Endurance will make a decision regarding a Q2 2010 drilling program to evaluate the targets early in the new year. Given the altitude and location of the projects, there is no cost effective ability to drill the properties during the winter season.
Duncan McIvor, P. Geo, is the Qualified Person as defined by National Instrument 43-101, and is responsible for the content of this news release.
ENDURANCE GOLD CORPORATION
/s/ Duncan McIvor
President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
Duncan McIvor; (604) 682-2707, firstname.lastname@example.org
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