Business
Endurance Reports New Drill Discovery of 15.7 GPT Gold over 24.8 Metres Including 29.96 GPT Gold over 4.1 M on the Reliance Property
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2022) - Endurance Gold Corporation ...
About this update from Endurance Gold Corporation
[{"type":"text","content":"Endurance Reports New Drill Discovery of 15.7 GPT Gold over 24.8 Metres Including 29.96 GPT Gold over 4.1 M on the Reliance PropertyVancouver, British Columbia--(Newsfile Corp. - January 12, 2022) - Endurance Gold Corporation (TSXV: EDG) (the \"Company\") is pleased to report a new drill discovery at the Eagle South area of the Reliance Gold Property (the \"Property\") in southern British Columbia. The road accessible property is located 4 kilometres (\"km\") east of the village of Gold Bridge, and 10 km north of the historic Bralorne-Pioneer Gold Mining Camp which has produced over 4 million ounces of gold.Highlights for the reported diamond drill hole DDH 21-020 include:A new near-surface drill discovery on the Eagle South soil anomaly.The best gold intersection reported to date on the Reliance Property with 15.7 grams per tonne (\"gpt\") gold over 24.8 metres (\"m\"), including 26.96 gpt gold over 4.1 m., commencing at 33.3 m down hole. A significant step-out located 150 m southeast of DH21-006 reported on December 29, 2021 which intersected Eagle Zone gold mineralization of 8.62 gpt gold over 24.4 m including 17.02 gpt gold over 4.3 m. Strike length of the Eagle Zone and Eagle South area has now been drill tested for over 300 m and continues to be open along strike to the southeast and to depth. Together with surface gold prospects E5 and E7 reported on January 5, 2022 with surface chip and grab sampling up to 21.2 gpt gold, confirm a minimum 400 m strike potential for the combined Eagle Zone and Eagle South discovery area.Many of the drill intersections in the Eagle area are near-surface and high-grade for shallow gold zones. \"The Company's maiden diamond drilling program at the Eagle Zone continues to report near-surface high-grade gold intervals that now significantly expand the exploration potential into the previously undrilled Eagle South area. Systematic exploration is now delivering a significant discovery at the Eagle South with a top-tier gold intersection\", commented Robert T. Boyd, CEO of Endurance Gold. \"The original Imperial Zone, and recent discoveries at the Eagle, Eagle South and Diplomat Zones convincingly demonstrate potential for further growth through drilling along the prospective two kilometre long Royal Shear trend at the Reliance Property.\"DDH21-020 was drilled east at minus 45 degrees to te...