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Enduro Discovers New Copper-Gold Porphyry at Newmont Lake; Drill Intersects 331m of 0.71% CuEq Starting at Surface- Including 146m of 1.00% CuEq
Kelowna, British Columbia--(Newsfile Corp. - October 18, 2021) - Enduro Metals Corporat...
About this update from Enduro Metals Corporation
[{"type":"text","content":"Enduro Discovers New Copper-Gold Porphyry at Newmont Lake; Drill Intersects 331m of 0.71% CuEq Starting at Surface- Including 146m of 1.00% CuEqKelowna, British Columbia--(Newsfile Corp. - October 18, 2021) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG) (\"Enduro Metals\" or the \"Company\") is pleased to report the discovery of a new alkalic porphyry system at Burgundy Ridge on its Newmont Lake project in northwestern British Columbia. BR21-001 intersected 331m of 0.71% CuEq starting at surface, including 146m of 1.00% CuEq from 139m downhole, and 18.27m of 3.00% CuEq from surface. The hole was drilled to test an area with some shallow drill holes and high-grade trenches (reference 2019 press releases) within an extensive geochemical/geophysical anomaly. The drill hole confirms a new copper-gold porphyry discovery in BC's prolific Golden Triangle.Figure 1: Cross-section of discovery hole BR21-001 looking north-northeast. Copper and gold assays are plotted with calculated copper equivalent values. See Table 1 for more details.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/6406/100015_665f7564b474aae4_002full.jpgThe surface expression of the Burgundy system is a 2700m x 600m NNE oriented area centred between the KSM-Treaty Creek porphyry camp and the Galore Creek porphyry camp. Burgundy is 1 of 4 major systems, identified thus far, within the Company's 654 square kilometre Newmont Lake Project.Figure 2: Plan view map of Burgundy displaying TMI Geophysical (Total Magnetic Intensity) data, copper in surface rock geochemistry, areas of completed geological mapping, and areas of ice/snow retreat where no geological map exists to date.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/6406/100015_665f7564b474aae4_003full.jpgCole Evans, President/CEO of Enduro Metals commented, \"This discovery drill hole at Burgundy is a pivotal moment for Enduro and the Newmont Lake projects development, confirming the occurrence of a significant alkalic copper-gold porphyry deposit. This is a true grassroots discovery, and we are at the very beginning of the process.What I find exciting is the transitioning alteration of calc-sodic to calcic and calc-potassic assemblages and also minor amounts of zinc suggesting Burgundy Ridge ...