Business

Burgundy Drilling Extends Mineralization and Identifies Second Mineralized Zone; McLymont West Drilling Confirms Gold Enrichment Along Fault

Kelowna, British Columbia--(Newsfile Corp. - April 4, 2023) - Enduro Metals Corporation (TSXV: ...

articleEnduro Metals CorporationApril 4, 20234/company/enduro-metals-corp/news/burgundy-drilling-extends-mineralization-and-identifies-second-mineralized-zone-mclymont-west-drilling-confirms-gold-enrichment-along-fault
Burgundy Drilling Extends Mineralization and Identifies Second Mineralized Zone; McLymont West Drilling Confirms Gold Enrichment Along Fault

About this update from Enduro Metals Corporation

[{"type":"text","content":"Burgundy Drilling Extends Mineralization and Identifies Second Mineralized Zone; McLymont West Drilling Confirms Gold Enrichment Along FaultKelowna, British Columbia--(Newsfile Corp. - April 4, 2023) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG) (\"Enduro Metals\" or the \"Company\") reports the remaining drill results from the 2022 drilling campaign on the Company's 100% owned Newmont Lake Project, located in the heart of British Columbia's Golden Triangle, Canada. An airborne magnetic survey has also provided important supporting information at Burgundy Ridge (\"Burgundy\").Drilling at the Burgundy porphyry target continues to encounter consistent copper and gold mineralization from surface, with a second, high-grade mineralized zone identified at the limits of drilling. These results provide further evidence of an extensive alkalic porphyry system with geological similarities to Galore Creek, the Teck/Newmont deposit 30km to the northwest of Enduro's project. Drilling has also significantly increased the potential scale and prospectivity of the McLymont Gold Project. First pass drilling into the geochemical anomaly at McLymont West encountered mineralized structures and enrichment in an area that has never been drilled before. The McLymont Gold Project, related to the regional McLymont Fault which runs down the middle of our project, is emerging as a stand-alone project.Highlights of New Assays Received include:Burgundy:BR22-17: 40.20m of 0.47% CuEq from 137.35m, within a broader interval of 91.00m of 0.35% CuEq from 118.00m BR22-18: 7.13m of 0.74% CuEq from 35.75m as well as another zone of 27.75m of 0.32% CuEq from 191.47mBR22-19: 10.45m of 0.84% CuEq from 194.55m, within a broader interval of 198.00m of 0.21% CuEq starting at surfaceBR22-20: 16.05m of 0.84% CuEq from 120.10m, within a broader interval of 97.93m of 0.33% CuEq from 120.10m BR22-21: 14.85m of 0.53% CuEq from 187.80mMcLymont West:MCW22-03: 21.75m of 0.36 g/t Au, 0.76 g/t Ag, and 0.02% Cu starting from surface. This includes 6.20m of 0.77 g/t Au, 1.21 g/t Ag, and 0.02% Cu from surfaceCole Evans, CEO of Enduro Metals, commented,\"The 2022 exploration campaign was successful in achieving our two main objectives: first to gather the necessary data to produce a geological model that will allow us to better understand the size, shape, and geomet...

More updates from Enduro Metals Corporation