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Enduro Mobilizes Field Crews to Newmont Lake for 2023 Exploration Program - Positive Initial Findings Along Copperline
Kelowna, British Columbia--(Newsfile Corp. - July 6, 2023) - Enduro Metals Corporation (TSXV: E...
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[{"type":"text","content":"Enduro Mobilizes Field Crews to Newmont Lake for 2023 Exploration Program - Positive Initial Findings Along CopperlineKelowna, British Columbia--(Newsfile Corp. - July 6, 2023) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG) (\"Enduro Metals\" or the \"Company\") is pleased to report field crews have begun geophysical, geochemical, and geological mapping surveys at the Company's 100% owned Newmont Lake Project, located in the heart of British Columbia's Golden Triangle.Fieldwork during the first phase of the 2023 exploration season continues to build on initial results from a late-season geochemical and geophysical survey at North Toe (see Enduro News Release April 11th, 2023). North Toe is a copper-gold porphyry target previously covered by a rapidly retreating glacier west of the target. North Toe sits approximately 8km northeast of Burgundy Ridge, and is believed to be part of a recently identified 20km structural corridor controlling copper-gold mineralization known as the Copperline (see Enduro News Release May 24th, 2023). Highlights:500% increase of drone magnetic coverage expanding on the \"Bullseye\" geophysical anomaly from late-2022 surveying (see Figures 1& 2).Strong initial observations from surface samples of very recently exposed outcrops due to glacial retreat identified on June 28th, 2023 (see Figures3 & 4).Early geological observations of very recently exposed outcrops at North Toe identified on June 28th, 2023 have identified a quartz-magnetite-chalcopyrite-bornite stockwork on surface. Mineralization is characterized with \"potassic\" alteration (see Figures 3 & 4). Alteration and mineralization of this style are characteristic of world-renowned copper-gold porphyry deposits such as Newcrest/Newmont's Red Chris and Cadia/Ridgeway deposits.Figure 1: Overview of North Toe highlighting in-situ rock samples along a minimum 2.5km copper-gold anomaly with a coincident \"Bullseye\" geophysical feature in the centre. The final rock sample at the western margin of the copper-gold anomaly is 57.83 g/t Au and 0.09% Cu and remains open. The final rock sample to the eastern margin of the copper-gold anomaly is 17.87 g/t Au, and 1.33% Cu and remains open. The area has seen approximately 1,700m of glacial retreat since exploration prior to Enduro Metals.To view an enhanced version of this grap...