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Further Results at Eastern Reef Zone Discovery, Pardo Gold Joint Venture, Ontario
Further Results at Eastern Reef Zone Discovery, Pardo Gold Joint Venture, Ontario Vancouver,...
About this update from Endurance Gold Corporation
[{"type":"text","content":"Further Results at Eastern Reef Zone Discovery, Pardo Gold Joint Venture, OntarioFurther Results at Eastern Reef Zone Discovery, Pardo Gold Joint Venture, Ontario\nVancouver, British Columbia CANADA, September 06, 2013 /FSC/ - Endurance Gold Corporation (EDG - TSX.V, \"Endurance\")is pleased to announce that the operator of the Pardo Joint Venture property (\"Pardo JV Property\") has informed Endurance that it has received additional encouraging gold results from the new Eastern Reef Discovery on the Pardo paleo-placer gold property. A total of 85 contiguous diamond saw cut channel samples at 50 centimetres (\"cm\") per sample are reported with an average gold content of 4.4 grams per tonne (\"gpt\") gold along this 42.5 metres of channel sampling. The best continuous section within this larger channel assayed 6.6 gpt gold over 23.5 metres with the tabulation of results appended to this release. Results are pending for a further 50 metres of channel sampling on the Eastern Reef.\nThe Pardo JV Property is comprised of 16 claims covering approximately 33 square kilometres and is located 65 kilometres northeast of Sudbury, Ontario.\nThe Eastern Reef is located in the north-central part of the Pardo JV Property.  The other newly uncovered surface gold zone, the 007 Zone, is located 600 metres southwest of the Eastern Reef.  Work to date suggests that the area between these zones is underlain by similar geology.\nMaps of each of the Eastern Reef and the 007 Zone, as well as the broader discovery area, can be found on the company's website at www.endurancegold.com.\nThe channel lengths reported in this release represent gold values within the pyritic conglomerate outcrop at surface and do not represent true thicknesses of the gold bearing conglomerate. The gold-bearing conglomerate is estimated to have a true thickness of between 3 and 6 metres in this area.\nEndurance currently holds a 45 percent joint venture interest in the Pardo Property. The operator of the Pardo JV Property program is Ginguro Exploration Inc. (\"GEG\") with a 55 percent joint venture interest. A 2012 program was approved by the joint venture in April 2012. Endurance elected not to contribute to the 2012 program and is awaiting financial and technical reports from the operator to determine its current interest. \nAbout Endurance\nEndurance Gol...