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Geophysics Supports Drilling Results Pointing to Large Copper-Gold Porphyry at Enduro Metals' Burgundy Ridge
Kelowna, British Columbia--(Newsfile Corp. - March 9, 2022) - Enduro Metals Corporation (TSX...
About this update from Enduro Metals Corporation
[{"type":"text","content":"Geophysics Supports Drilling Results Pointing to Large Copper-Gold Porphyry at Enduro Metals' Burgundy RidgeKelowna, British Columbia--(Newsfile Corp. - March 9, 2022) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG) (\"Enduro Metals\" or the \"Company\") is pleased to report a large chargeable geophysical anomaly has been identified using induced polarization (IP) geophysics at Burgundy Ridge Zone on its 100%-owned Newmont Lake Project, located in NW British Columbia's Golden Triangle. Where intersected, the chargeable anomaly correlates with copper and gold mineralization intersected at Burgundy Ridge to date. The results of this survey provide further strong evidence of a large copper-gold porphyry system underlying current drilling at Burgundy.News Release Explainer: Enduro Metals' CEO Mr. Cole Evans provides audio explainer on what this news release means for the Company.Cannot view this video? Visit:https://www.youtube.com/watch?v=_S8m5qMKB_gThe reconnaissance survey line that detected the anomaly is located approximately 350m north-northeast of multiple significant assays results from diamond drilling in 2021 such as BR21-01 which intersected 331m of 0.71% CuEq starting at surface, including 146m of 1.00% CuEq (see Oct. 18th, 2021 and Feb. 7th, 2022 news releases). Induced polarization is a well-established geophysical method for porphyry exploration globally, and a correlation between mineralization and chargeability is common.Figure 1: Chargeability cross-section from a reconnaissance IP survey at Burgundy Ridge. The survey detected a large chargeable anomaly within the refined Exploration Target Area (see February 7th, 2022 news release) which appears to correlate with copper and gold mineralization seen in drilling to date. A smaller secondary target also appears to correlate with a chalcopyrite-cemented hydrothermal breccia intersected in exploratory drilling.To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/6406/116095_13efd7e94432fbf0_003full.jpgCole Evans, President/CEO of Enduro Metals commented, \"Simply stated, copper and gold bearing minerals found in porphyry deposits often form in a way that result in the ground holding an electrical charge, similar to how the battery in your car will hold an electrical charge. Often the more chargeable the ground i...