March 10, 2015
Endurance Announces Start Of Drilling - Pardo JV, Ontario
|Endurance Gold Corporation (EDG -- TSX.V, "Endurance") announces commencement of drilling on the Pardo Joint Venture Property ("Pardo JV Property"). The Pardo JV Property is comprised of 16 claims located approximately 65 kilometres ("km") northeast of Sudbury, Ontario. Ginguro Exploration Inc. ("Ginguro") is the operator of the Pardo JV Property and holds a 64.5% ownership interest and Endurance owns a 35.5% ownership interest.|
As announced in January the Pardo JV Management Committee approved a winter exploration program, which includes: i) diamond drilling, ii) a desktop mining study, iii) additional metallurgical test work, and iv) a detailed geological analysis of the gold hosting sedimentary units intersected in drill core.
Drilling will start immediately and the Pardo JV expects to complete approximately 30 holes. Assay results from the diamond drilling will be published as they become available.
Other work ongoing during this exploration program includes a desktop mining study and detailed geological analysis of drill core, which will be incorporated into the first 3-D geological model for the Pardo JV Project.
Recently completed whole-ore metallurgical test work has returned 81.9% and 74.6% cyanide leach recovery over 14 days using bottle roll tests from -10 mesh samples. Leach recoveries are lower for the coarser crushed material. These results support the earlier test work which indicated very good gravity plus cyanide recoveries with finer grind sizes.
In the preparation of this news release, Endurance has relied on information prepared by the operator of exploration programs, and summarized to the Company for this release. Robert T. Boyd, P.Geo. is a qualified person as defined in National Instrument 43-101 and supervised the information provided by the operator and forming the basis for this release. There has been insufficient exploration to define a mineral resource on the Pardo JV Property to date, and it is uncertain if further exploration will result in a delineated mineral resource.
Endurance Gold Corporation is a company focused on the acquisition, exploration and development of highly prospective North American mineral properties with the potential to develop world-class deposits. The Company's exploration focus, for projects operated by Endurance, is intrusive-related mineral systems with potential for discovery of major new precious or rare metals deposits, and its business plan offers shareholders exposure to several majority-owned exploration projects with significant discovery potential such as the Elephant Gold Property in Alaska, the Rattlesnake Hills Gold Property in Wyoming, and the Bandito Rare Earth-Niobium Property in the Yukon. Please visit www.endurancegold.com.
ENDURANCE GOLD CORPORATION
Robert T. Boyd
President & CEO
FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, firstname.lastname@example.org
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from the expected results.
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