ENDURANCE GOLD CORPORATION : http://www.endurancegold.com/ : Create A Custom Report

News Releases

#September 12, 2019
Endurance Acquires Reliance Gold Property In B.C.

 Endurance Gold Corporation (EDG -- TSX.V) (the "Company") is pleased to announce that it has acquired an option (the "Option") to earn a 100% ownership in the Reliance Gold Property (the "Property") located near Gold Bridge, British Columbia from two private vendors (the "Optionor"). The Property is located 5 kilometers ("km") east of Gold Bridge and 10 km north of the Bralorne Gold Mines which have historically produced over 4 million ounces of gold.

The Property was previously explored with trenching and diamond drilling from 1985 through 2008. Gold mineralization is associated with silicification, quartz-stibnite veining and vein stockwork, quartz-feldspar porphyry, and wide zones of ankerite-clay alteration coincident with three (3) known subparallel north and northwest trending structures. The most explored structure is the Royal Shear which hosts the Imperial, Crown and Eagle Zones identified by historic surface sampling with associated encouraging gold values. The property was last diamond core drilled in 2008 and this campaign, which in part targeted the Imperial Zone, returned highlight drill intersection widths from this zone of 13.30 grams per tonne ("gpt") gold over 4.20 metres ("m") (est 1.8m true width), 7.05 gpt gold over 5.06m (est 2.05m true width), 5.70 gpt gold over 12.05m (est 9.5m true width), 5.43 gpt gold over 15.35m (est 10m true width), and 2.16 gpt gold over 12.13m (est 6.5m true width), in five (5) drill holes of an eight (8) hole drilling campaign. Surface grab and chip sampling results, together with the historic drilling, indicate a mineralized gold system over at least 750m of strike in three subparallel structures and 250m vertically that requires a systematic exploration program to thoroughly evaluate. Historic soil sampling and alteration mapping supports additional exploration potential for another 1,000m along structural strike from prior drill intersections. A summary figure with historic results highlights for the Reliance Property is appended below.

Except for the drilling completed in 2004 and 2008, the historic exploration drilling activity cannot be relied upon due to poor quality georeferencing and lack of down-hole dip information. The Company plans to compile historic exploration information to determine current and future exploration plans.

Under the terms of the letter agreement with the Optionor, the Company can earn a 100% interest in the Property for cash consideration in the aggregate amount of $300,000 to be paid over five years, the allotment and issuance of up to a total of 4,000,000 common shares of the Company (the "Shares") by December 31, 2025 and exploration expenditures in the aggregate amount of $3,000,000 to be incurred by December 31, 2024. A $2,500 payment was made on signing of the letter agreement and Board approval and another $7,500 payment and the issuance of the initial tranche of 200,000 Shares will be delivered on completion of a formal agreement and the election by the Company to proceed with the option which is estimated to occur on or before January 5, 2020. The Option is subject to a 2.5% net smelter return royalty ("NSR"), of which 1.5% NSR can be purchased by the Company at any time for $1,000,000.

In addition, the Company agreed to issue up to a maximum of 200,000 Shares to PI Financial Corp. (the "Finder") who introduced the Property to the Company. The Shares will be issued and paid to the Finder in two tranches. The initial 100,000 Shares will be paid on execution of a formal option agreement between the Optionor and the Company, and the second tranche of 100,000 Shares will be issued and paid on or before January 31, 2021 provided that the Option remains in good standing on December 31, 2020.

Both the Option and the Finder's Fee agreements are subject to the TSX Venture Exchange acceptance, and any Shares to be issued will be subject to a 4 month hold period on issuance as per the policies of the TSX Venture Exchange.

About Endurance
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 Mountain in Alaska and the Reliance Property in BC. The company also owns a significant shareholding in Inventus Mining Inc. (IVS-TSXV) which controls the entire Pardo paleoplacer gold district near Sudbury, Ontario.

Please visit www.endurancegold.com.

ENDURANCE GOLD CORPORATION

Robert T. Boyd

FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, info@endurancegold.com
www.endurancegold.com



Robert T. Boyd, P.Geo. is a qualified person as defined in National Instrument 43-101 and supervised the compilation of the information forming the basis for this release. Despite estimates, the drill intersections mentioned in this release may not accurately represent the true width of the intersection. In 2008 all cut and/or split core samples were analyzed by ICP analyses at Ecotech Analytical Laboratory. Samples that exceeded 1,000 ppb Au were rerun by lead collection fire assay at the same laboratory using a preferred 30 gram sub-sample size.

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.


File: http://www.endurancegold.com/i/pdf/2019-09-12_NR.pdf
 680 KB, approx. 2 minutes, 8 seconds at 56.6Kbps
 
#August 30, 2019
Endurance Announces Grant of Stock Options

 Endurance Gold Corporation (EDG -- TSX.V) (the "Company") announces that it has granted an aggregate of 4,100,000 incentive stock options of the Company to directors and an officer of the Company in accordance with the Company's rolling stock option plan. Following this option grant, the Company has a total of 7,800,000 options outstanding, representing about 7% of the issued and outstanding common shares of the Company. The options are exercisable at $0.05 per share for a period of five years from the date of grant and are subject to the policies of the TSX Venture Exchange.

ENDURANCE GOLD CORPORATION

Robert T. Boyd

FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, info@endurancegold.com
www.endurancegold.com

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.
File: http://www.endurancegold.com/i/pdf/2019-EDG_NR_19-01_final.pdf
 174 KB, approx. 33 seconds at 56.6Kbps
 
#October 15, 2018
Endurance Reports Gold Values Up To 23 GPT Gold At The Elephant Mountain Gold Project, Alaska

 Endurance Gold Corporation (EDG -- TSX.V, "Endurance") is pleased to announce results from the recent summer exploration program of rock sampling, trenching, soil sampling and geological mapping primarily on the Trout Target within the Elephant Mountain Gold Project.

The 100% optioned Elephant Mountain Gold Project is located in the Rampart-Eureka-Hot Springs placer gold mining district near Eureka, Alaska. The southeast end of the Elephant Mountain Gold Project area can be accessed by the all-weather Elliott Highway about 76 miles (123 kilometres ("km")) northwest of Fairbanks. The northeast end of the project, in the area of the Trout Target, is accessible by historic gold rush trails into the Quail Creek placer gold camp.

The Trout Target area is drained by the placer gold bearing South Fork and Bonanza Creeks, tributaries of Quail Creek. The Trout Target represents a greater than 100 ppb gold-in-soil anomaly that has been defined by prior soil sampling over approximately 1,200 metres ("m") of strike and hosted within a multiphase syenite intrusive ("Trout Syenite") (see Figure_Trout Geology, Soils and Rocks). A portion of the Trout Target soil geochemical anomaly has been the focus of additional detailed surface related exploration activity during 2017 and 2018. 2018 activity in this area included rock sampling, trenching, soil sampling and geological mapping (Figure_Trout Detailed Geology, Trenching, Soils and Rocks).

Rock Sampling - To date five rock samples within the Trout Syenite have returned gold grades exceeding 1 gram per tonne ("gpt") gold. In the area of the higher gold-in-soil values, one grab sample returned 23 gpt gold associated with silicified syenite which is the highest gold-in-rock value sampled to date from the Trout Target. This rock sample was collected within an area defined by gold-in-soil values of 470 ppb, 300 ppb, and 395 ppb gold. Trenching was not possible in this area due to large boulders on surface.

Trenching -- On the topographic peak, about 160 m northeast of the 23 gpt gold-in-rock sample, three hand dug trenches, spaced approximately 30 m apart, were completed in the area where 2017 soil sampling had identified gold values in soil exceeding 800 ppb gold. The area has not been glaciated and thus gold-in-soil anomalies were interpreted to represent reliable bedrock targets. Hand excavated trenching conditions were challenging due to lack of heavy equipment and the presence of frost transported boulders which limited ability to continue trenches past observed alteration in the trenching. Trench 1 intersected weathered bedrock associated with the 2017 soil samples that analyzed 1,000 and 2,190 ppb gold. Assays from Trench 1 channel sampling include 0.51 gpt gold over 12.19 m associated with primarily oxidized and weathered pervasively silicified fine grained to porphyritic syenite with quartz veinlets throughout the mineralized interval. Trench 2 and Trench 3 had less success in achieving weathered bedrock over their excavated length, but channel sampling did encounter anomalous gold values in similar weathered bedrock of 0.194 gpt gold over 18.29 m and 0.16 gpt gold over 9.14 m, respectively. All three trenches had gold-enriched bedrock zones which remain open to expansion past the end of the trenches. The gold values returned from weathered bedrock in the trenches did not identify mineralization which adequately explains the higher tenor of gold in the nearby gold-in-soil samples.

Soil Sampling - During 2018, additional infill soil sampling was completed over about 300 m of strike at the main Trout Target to better define the areas of the highest gold-in soil and to help with interpretation of controls to mineralization. This sampling continues to indicate a greater than 100 ppb gold-in-soil anomaly trending northeast to southwest exceeding 300 m of strike and also exceeding at least 35 m width, past the area of detailed soil sampling. The greater than 200 ppb, and especially the higher gold values exceeding 500 ppb gold indicate a possible subsidiary northwest to southeast sub-trend within the northeast trending +100 ppb gold-in-soil anomaly (see Figure_Detailed Trench Area_Contoured Soil Sampling). This suggests that the higher grade bedrock source structures maybe at an oblique angle to the 2018 trenches and may not have been intersected with the 2018 trenches.

Geological mapping -- Mapping of the Trout Syenite has identified a multi-phase porphyritic syenite intrusive encompassing subcircular dimensions at surface of about 1.7 km by 1.2 km. Within this area a 600 x 300 m area of hornfels sedimentary host rock is interpreted to be capping the north-central portion of the Trout Syenite. Hornfels is clastic sedimentary rock recrystallized and altered by intrusive activity. Within this area geological mapping has identified a 600 x 350 m zone of variously silicified fine-grained felsic to syenite intrusive ("Silicified Syenite") adjacent to the hornfels. Geological mapping has also identified a northeast striking zone of shearing and faulting over a strike length of about 1.5 km and width of about 150 m ("Trout Fault Zone") hosted within the Trout Syenite. The Trout Fault Zone continues outside the Trout Syenite but within the Trout Syenite complex is observed to be coincident with the trend of the greater than 100 ppb gold-in-soil anomaly and also associated with anomalous arsenic identified with pXRF supported mapping.

In total length, the Trout Fault Zone was observed over approximately 4 km of strike. At about 2.0 km northeast of the trenches in the Trout Syenite, the Trout Fault Zone transects the area of the South Fork Gold prospect identified with 2017 sampling (up to 10.35 gpt gold in grab samples). 2017 trenching and chip sampling at South Fork returned 0.547 gpt gold over 4.57 m from one area of quartz vein breccia and quartz-vein stockwork in slate and hornfels (see company press release dated October 18, 2017).

Next Steps -- The Trout Target geochemical anomaly remains open to further detailed soil sampling southwest and north north-east of the 2018 trenching area. Further work is required to identify the syenite-hosted bedrock source for the 23 gpt gold sample. The trenching indicates gold mineralized bedrock remains open to expansion in width in the current trenches. All these areas contain several gold-in-soil samples in excess of 500 ppb in a broader +100 ppb gold-in-soil anomaly which indicates potential for additional sub cropping gold mineralization over a larger area. The Trout Target also warrants diamond drill testing to evaluate the full extent of this gold mineralized system.

The Elephant Mountain Project controls at least six (6) km-scale gold targets associated with a Cretaceous aged intrusive complex and associated alteration that extends over a strike length of about twelve (12) km. Five (5) of these km-scale gold targets are associated with gold in soil (greater than 100 parts per billion ("ppb") gold) and rock grab samples up to 23 gpt gold.

About Endurance
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 Mountain and McCord Gold Properties in Alaska. The company also owns a significant shareholding in Inventus Mining Inc. (IVS-TSXV) which controls the entire Pardo paleoplacer gold district near Sudbury, Ontario.

Please visit www.endurancegold.com.

ENDURANCE GOLD CORPORATION

Robert T. Boyd

FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, info@endurancegold.com
www.endurancegold.com

Robert T. Boyd, P.Geo. is a qualified person as defined in National Instrument 43-101 and supervised the compilation of the information forming the basis for this release. The trench channel and grab rock samples from the 2018 program were analyzed at ALS Minerals using Au-ICP21, Au-GRA21 (>10 g/t), and ME-MS41. The soil samples from the 2018 program were analyzed at ALS Minerals using Au-ST43, Au-AROR43, and ME-MS41. Confirmation standards were inserted within each sample shipment to ALS as well as ALS Minerals inserted standards with each shipment analyzed. Bedrock grab samples mentioned in this release are selective by nature and are unlikely to represent average grades within the bedrock when drilled.

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.






File: http://www.endurancegold.com/i/pdf/EDG-NR-18-05-(Elephant)_final-figures.pdf
 651 KB, approx. 2 minutes, 2 seconds at 56.6Kbps
 
#September 27, 2018
Endurance Completes 2018 Summer Program & Increases Land Position At The Elephant Mountain Gold Project, Alaska

 Endurance Gold Corporation (EDG -- TSX.V, "Endurance") is pleased to announce completion of a summer exploration program of trenching, soil and rock sampling, and geological mapping on the Trout and South Fork targets within the Elephant Mountain Gold Project. The Company has also doubled the size of the Trout and Wolverine Properties through staking to form one contiguous property at the north end of the Elephant Mountain Gold Project.

During 2018 three hand excavated trenches were completed in the higher value gold-in-soil anomaly area identified in 2017. In addition, soil sampling, Niton XRF supported geological and geochemical mapping were completed in the area encompassed by the Trout and Wolverine Properties. Complete analytical results from the 2018 summer program are expected over the next few weeks.

The newly acquired Alaska state mining claims increased the Trout and Wolverine properties from 2,240 acres to 4,800 acres (1,942 hectares) resulting in the properties being contiguous as one property henceforth identified as the Trout-Wolverine property. Together with the original Elephant property, the Elephant Mountain Gold Project now encompasses 10,240 acres (4,143 hectares), a 33% increase in size from 2017. The Property was expanded by staking to encompass additional gold prospects, existing soil anomalies, interpreted controlling structures for mineralization, as well as the strike extensions of gold-in-soil anomalies identified to date. A location map showing the updated property outline and targets is available at www.endurancegold.com.

The 100% optioned Elephant Mountain Gold Project is located in the Rampart-Eureka-Hot Springs placer gold mining district near Eureka, Alaska. The Property can be accessed by road and trails from Eureka, a placer mining area located about 76 miles (123 kilometers ("km")) west of Fairbanks.

The southeast end of the Elephant Mountain Gold Project area can be accessed by the all-weather Elliott Highway about 76 miles (123 km) northwest of Fairbanks within the Rampart-Eureka-Manley Hot Springs placer gold mining district near Eureka, Alaska. The northwest end of the project in the area of the Trout-Wolverine property is accessible by historic gold rush trails into the Quail Creek placer gold camp.

The Elephant Mountain Project controls at least six (6) km-scale gold targets associated with a Cretaceous aged intrusive complex and associated alteration that extends over a strike length of about twelve (12) km. Five (5) of these km-scale gold targets are associated with gold in soil (greater than 100 parts per billion ("ppb") gold) and rock grab samples up to 11.98 grams per tonne ("gpt") gold.

The 2018 trenching was conducted on the Trout Target located 12 km northeast of the 2016 North Zone Discovery (0.4 gpt gold over 147.1 metres intersected in drilling). The Trout Target area is drained by the placer gold bearing South Fork and Bonanza Creeks, tributaries of Quail Creek. Within a one km long +100 ppb gold in soil anomaly at the Trout Target, detailed power auger soil sampling in 2017 defined an area of deeply weathered oxidized intrusive in which gold-in-soil values exceed 200 ppb gold over 175 metres of strike and 25 to 50 metres width.

About Endurance

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 Mountain and McCord Gold Properties in Alaska. The company also owns a significant shareholding in Inventus Mining Inc. (IVS-TSXV) which controls the entire Pardo paleoplacer gold district near Sudbury, Ontario.

Please visit www.endurancegold.com.

ENDURANCE GOLD CORPORATION

Robert T. Boyd

FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, info@endurancegold.com
www.endurancegold.com

Robert T. Boyd, P.Geo. is a qualified person as defined in National Instrument 43-101 and supervised the compilation of the information forming the basis for this release. The drill intersections in this release may not represent the true width of the intersection. The split drill core samples from the Endurance 2016 drill program were analyzed at ALS Minerals using Au-AA23, Au-GRA21 (>10 g/t), and ME-MS61L. Confirmation standards were inserted within sample shipments by Endurance as well as ALS Minerals inserted standards with each shipment analyzed. Bedrock grab samples mentioned in this release are selective by nature and are unlikely to represent average grades within the bedrock when drilled.

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
File: http://www.endurancegold.com/i/pdf/EDG-NR-18-04-(Elephant)_final.pdf
 204 KB, approx. 39 seconds at 56.6Kbps
 
#August 02, 2018
Endurance Commences Exploration At The Elephant Mountain Gold Project, Alaska

 Endurance Gold Corporation (EDG -- TSX.V, "Endurance") is pleased to announce commencement of a summer exploration program with the planned completion of a trenching, geological mapping and additional rock and soil sampling on several targets located on the Trout and Wolverine Properties, two of the properties in the Elephant Mountain Gold Project.

The southeast end of the Elephant Mountain Gold Project area can be accessed by the all-weather Elliott Highway about 76 miles (123 km) northwest of Fairbanks within the Rampart-Eureka-Manley Hot Springs placer gold mining district near Eureka, Alaska. The northwest end of the project is accessible by historic gold rush trails into the Quail Creek placer gold camp.

The three properties that form the Elephant Mountain Project control at least six (6) kilometre-scale gold targets associated with a Cretaceous aged intrusive complex and associated alteration that extends over a strike length of about twelve (12) kilometres ("km"). A map showing the location of the properties and targets is available at www.endurancegold.com. Five (5) of these km-scale gold targets are associated with gold in soil (greater than 100 parts per billion ("ppb") gold) and rock grab samples up to 11.98 grams per tonne ("gpt") gold.

The 2018 trenching will be conducted on the Trout Target located 12 km northeast of the North Zone Discovery (0.4 gpt gold over 147.1 metres intersected in drilling). The Trout Target area is drained by the placer gold bearing South Fork Quail and Bonanza Creeks, tributaries of Quail Creek. Within a one kilometer long +100 ppb gold in soil anomaly at the Trout Target, detailed power auger soil sampling has successfully defined a continuous area mapped as a deeply weathered oxidized intrusive-hosted shear zone in which gold in soil values exceed 200 ppb gold over 175 metres of strike and 25 to 50 metres width. Within this +200 ppb gold contour, over twenty five percent of the auger soil samples exceed 800 ppb gold, with peak values of 2,330 ppb, 2,190 ppb, 1,860 ppb and 1,000 ppb gold.

"We are pleased to start exploration at the Elephant Mountain Project with a detailed evaluation of the Trout Target with trenching" commented Robert Boyd, President and CEO of Endurance. "This target has never been drilled and the gold-enriched soils over significant width at the Trout Target have potential to return encouraging gold grades over width in the bedrock."

In addition, additional work will be completed at Wolverine to expand and define the extent of visible gold bearing quartz vein stockwork and evaluate several other targets identified with earlier initial sampling.

About Endurance

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 Mountain and McCord Gold Properties in Alaska and the Bandito Rare Earth-Niobium Property in the Yukon. The company also owns a significant shareholding in Inventus Mining Inc.(IVS-TSXV) which controls the entire Pardo paleoplacer gold district near Sudbury, Ontario.

Please visit www.endurancegold.com.

ENDURANCE GOLD CORPORATION

Robert T. Boyd

FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, info@endurancegold.com
www.endurancegold.com

Robert T. Boyd, P.Geo. is a qualified person as defined in National Instrument 43-101 and supervised the compilation of the information forming the basis for this release. The drill intersections in this release may not represent the true width of the intersection. The split drill core samples from the Endurance drill program were analyzed at ALS Minerals using Au-AA23, Au-GRA21 (>10 g/t), and ME-MS61L. Confirmation standards were inserted within sample shipments by Endurance as well as ALS Minerals inserted standards with each shipment analyzed. Bedrock grab samples mentioned in this release are selective by nature and are unlikely to represent average grades within the bedrock when drilled.

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
File: http://www.endurancegold.com/i/pdf/EDG-NR-18-03-(Elephant)_final.pdf
 204 KB, approx. 39 seconds at 56.6Kbps
 

Copyright © 2019 by Endurance Gold Corporation   All rights reserved worldwide.
For more information, send questions and comments to
This page was created on Mon Nov 18, 2019 at 3:56:58 AM Pacific Time.