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Enduro Grades up to 4.08% Cu and 57.83 g/t Au over an Area of 2.5km, Aligned with Geophysics, Expands the Potential Scale of the Newmont Lake Porphyry Trend
Drone magnetic survey identifies "Bullseye" magnetic anomaly coinciding with 2.5km long copper an...
About this update from Enduro Metals Corporation
[{"type":"text","content":"Enduro Grades up to 4.08% Cu and 57.83 g/t Au over an Area of 2.5km, Aligned with Geophysics, Expands the Potential Scale of the Newmont Lake Porphyry TrendDrone magnetic survey identifies \"Bullseye\" magnetic anomaly coinciding with 2.5km long copper and gold anomaly in outcrop.Kelowna, British Columbia--(Newsfile Corp. - April 11, 2023) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG) (\"Enduro Metals\" or the \"Company\") is pleased to announce the results of its 2022 rock chip sampling program and drone magnetic survey conducted over the North Toe prospect (\"North Toe\") on its 100% owned 688km2 Newmont Lake project, located in the heart of British Columbia's Golden Triangle. The drone magnetic survey identified a \"bullseye\" magnetic anomaly, which is typical of large copper-gold (\"Cu-Au\") porphyry deposits. This anomaly is centered on a 2.5km copper and gold anomaly in outcrop at North Toe, creating a new priority target for future drilling. Highlights of today's announcement:The drone magnetic survey identified a \"Bullseye\" geophysical anomaly coincident with a 2.5km long copper and gold anomaly in outcrop.Rock chip surface samples returned grades of up to 4.08% Cu and 57.83 g/t Au over an area of 2.5km (see Figure 1).North Toe demonstrates significant similarities, such as apparent scale, mineralization style, and structural orientation, to Newcrest's Red Chris Mine.The anomaly is ideally located for development, at a low elevation and only 17.6km up valley from the Galore Creek Mine Road.Figure 1: Total Magnetic Intensity Drone Survey over the North Toe prospect.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6406/161939_c114e12d94bdc814_002full.jpgCole Evans, CEO of Enduro Metals, comments:\"North Toe is a compelling copper-gold porphyry exploration target that we identified at the tail end of the 2022 exploration season. It has only recently been exposed as a result of glacial retreat and has never previously been tested. We have a 2.5km long copper and gold anomaly coincident with a 'Bullseye' geophysical target centered on an area of Fe-carbonate/calcite +- quartz-chalcopyrite stockwork veining identified at surface occurring along a major structural fault, all of which are key ingredients for large copper-gold deposits in northw...