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Enduro Metals Provides Additional Information on High-Grade Gold at NW Zone and Announces Phase 2 Exploration Targets
Kelowna, British Columbia--(Newsfile Corp. - July 28, 2020) - Enduro Metals Corporatio...
About this update from Enduro Metals Corporation
[{"type":"text","content":"Enduro Metals Provides Additional Information on High-Grade Gold at NW Zone and Announces Phase 2 Exploration TargetsKelowna, British Columbia--(Newsfile Corp. - July 28, 2020) - Enduro Metals Corporation (TSXV: ENDR) (OTC PINK: SIOCF) (FSE: SOG) (\"Enduro\" or the \"Company\") is pleased to provide additional information on the most recent technical press release on July 6th, 2020, as well as announcing Phase 2 exploration targets focused on high-grade gold targets along the >20km McLymont Fault within the Company's 618km2 Newmont Lake Project located in the heart of northwestern British Columbia's Golden Triangle.The Company wishes to provide additional information with respect to historic diamond drill hole R-08-07 (\"R-08-07\") reported in its July 6th, 2020 news release titled \"Enduro Metals Reports Drill Intercept Cut 144 metres of 3.18 g/t Gold; Identifies Additional Gold Targets at Newmont Lake in BC's Golden Triangle\" and other historic results amalgamated. R-08-07 is interpreted to represent 3 gold mineralization styles as seen 150m to the NE in diamond drill hole NW19-012 (\"NW19-012\") from the Company's first exploration program on the Newmont Lake Project last season.Further to the July 6th, 2020 press release highlighting the first continuous assay of a diamond drill hole from within the NW Zone, the Company wishes to reference further breakout of coarse visible gold identified within the shallow skarn horizon of vertically drilled historic R-08-07 discovered by Romios Gold Resources (\"Romios\") in 2008 (see Romios September 22nd, 2008), as well as other occurrences of coarse visible gold within the general area. R-08-07 intersected ultra high-grades of 0.44m of 753 g/t Au, 462 g/t Ag, and 0.69% Cu starting at 25.25 metres depth. To account for unpredictability of coarse visible gold causing ultra high grades (considered >100 g/t Au), the following \"uncut\" and \"cut\" versions of the intercept are provided as a stress-test as well as silver and copper assays. Gold mineralization is consistent across the 144m interval demonstrated by cut gold assays results, but ultra high grades are sporadic and difficult to reproduce.Hole ID:From (m)To (m)Core Length (m)Gold Uncut (g/t)Gold Cut (g/t)*Ag (g/t)Cu (%)New R-08-079.51153.51144.003.181.123.660.06Including20.0175.7155.77.512.158.820.08Including25.2525.690.447...