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Enduro Drilling Intersects 17.15 g/t Gold, 26.20 g/t Silver, and 1.18% Copper Over 2.72 Metres; Evidence Mounting for a Large-Scale Gold System - 139 Metres of 0.82 g/t AuEq
Kelowna, British Columbia--(Newsfile Corp. - February 9, 2021) - Enduro Metals Corporation (...
About this update from Enduro Metals Corporation
[{"type":"text","content":"Enduro Drilling Intersects 17.15 g/t Gold, 26.20 g/t Silver, and 1.18% Copper Over 2.72 Metres; Evidence Mounting for a Large-Scale Gold System - 139 Metres of 0.82 g/t AuEqKelowna, British Columbia--(Newsfile Corp. - February 9, 2021) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: SIOCF) (FSE: SOG) (\"Enduro Metals\" or the \"Company\") is pleased to report drill assay results from another four diamond drill holes from the 17-hole program completed along the McLymont Fault during the 2020 exploration program at Newmont Lake. The McLymont Fault is 1 of 4 major systems within the Company's 638 square kilometre Newmont Lake Project situated in the heart of BC's prolific Golden Triangle.Highlights:All four drill holes intersected shallow high-grade gold including 2.72m of 17.15 g/t gold, 26.19 g/t silver, and 1.18% copper in our first drill hole of 2020. More grades as high as 54.59 g/t gold, 135 g/t silver, and 1.18% copper over 0.50m in step-outs.Three of four drill holes also intersected longer intervals of lower-grade, bulk tonnage gold. NW20-04 intersected 138.6m of 0.82 g/t AuEq (\"Gold Equivalent\"), including 33.6m of 2.47 g/t AuEq starting at 119.83m depth. The drill hole ended in gold mineralization and remains open.Discovery of the strongest gold - copper geochemical anomaly at Newmont Lake to date along trend of current high-grade gold drilling. The discovery is concurrent with a large ZTEM geophysical anomaly.Mounting evidence of a large-scale, gold-copper porphyry system along the McLymont Fault - potentially the ultimate source of the shallow gold and copper mineralization drilled to date.Drill Results:The first four holes of the program were designed to expand the footprint and increase the amount of known gold mineralization within the footprint first established by 1980's drilling along the McLymont Fault - a regional structure now recognized as an important conduit for gold mineralization.Figure 1: Long section looking west-northwest at the McLymont Fault. The first horizon of high-grade gold mineralization remains open along strike. The second high-grade horizon is beginning to develop. Lower-grade porphyry-like gold mineralization is developing in multiple drill holes suggesting there is a system in the vicinity.To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/6406/7...