Business

Endurance Reports 2020 Drilling Results from Imperial Zone at The Reliance Gold Property

13.7m Grading 3.26 gpt Gold Including 4.6m Grading 7.23 gpt Gold Near Surface VANCOUVER,...

articleEndurance Gold CorporationMarch 23, 20214/company/endurance-gold-corp/news/endurance-reports-2020-drilling-results-from-imperial-zone-at-the-reliance-gold-property
Endurance Reports 2020 Drilling Results from Imperial Zone at The Reliance Gold Property

About this update from Endurance Gold Corporation

[{"type":"text","content":"Endurance Reports 2020 Drilling Results from Imperial Zone at The Reliance Gold Property13.7m Grading 3.26 gpt Gold Including 4.6m Grading 7.23 gpt Gold Near SurfaceVANCOUVER, BC / ACCESSWIRE / March 23, 2021 / Endurance Gold Corporation (TSXV:EDG) (the \"Company\") is pleased to report assay results from the five (5) reverse circulation (\"RC\") drill holes completed at the Imperial Zone of the Reliance Gold Property (the \"Property\") in southern British Columbia. The Property is located 4 kilometres (\"km\") east of the village of Gold Bridge with year-round road access, and 10 km north of the historic Bralorne-Pioneer Gold Mining Camp which has produced about 4 million ounces of gold. These five drill holes were planned to intersect near-surface gold mineralization of the Imperial Zone that was untested by historic drilling. The 2020 drill program also tested under the Imperial North Zone identified in 2020 channel sampling. Results are reported below.\"These encouraging drill hole results at the Imperial Zone are located 380 metres away from our previously reported high-grade Eagle Zone results. Both zones are hosted within the two kilometer long, largely un-tested Royal Shear trend and demonstrate that the Reliance Property is host to a robust \"Epizonal\" Orogenic gold mineralizing system\" stated Robert Boyd, CEO of Endurance Gold \"In addition, the excellent estimated true widths of higher-grade gold at both Imperial and Eagle Zones provide encouragement that tonnes per vertical metre could accumulate quickly when ultimately defined\". Imperial Zone - Drill hole RC20-006 intersected 13.7 metres (\"m\") grading 3.26 gram per tonne gold (\"gpt Au\") including a higher grade interval of 4.6 m grading 7.23 gpt Au. The hole successfully intersected mineralization within 30 m of surface and represents a 40 m up-dip expansion of the Imperial Zone as shown on Section 5636050N appended to this release. Geologic modelling indicates that the Imperial Zone has a down-dip extent of 290 m and open to expansion with a southwest plunge of -55 degrees. Historic drilling between 1986 and 2008 defined a higher-grade core of the mineralized zone with an approximately true width of 10 to 15 m. The strike extent of the Imperial Zone has been poorly constrained by drilling with very few intersections or testing along strike.The Imperial Zone ...

More updates from Endurance Gold Corporation