Endurance Gold Corporation · TSXV:EDG
Endurance Gold — Shareholder Meeting (May 2012)
48 slides from Endurance Gold's shareholder meeting presentation, May 30, 2012
Slide 1: A Focus on Intrusive Related REE-Niobium and Gold in North America
A Focus on Intrusive Related REE-Niobium and Gold in North America Annual General Meeting - May 30 2012 TSX.V: EDG
Slide 2: Corporate Disclosure
CORPORATE DISCLOSURE The information contained herein, while obtained from sources which we believe are reliable, is not guaranteed as to its accuracy or completeness. The company is an exploration stage mineral resource exploration company and none of its mineral projects have yet to be proven to b
Slide 3: Share Structure
Share Structure Cash and Securities May 24, 2012: $ 716,000 Shares Issued effective May 24, 2012: 58,722,586 Fully Diluted effective May 24, 2012: 68,097,586 Last Trade (May 28, 2012): $ 0.045 52 Week Low – High: $ 0.04 – 0.20 Market Capitalization (May 28, 2012): $ 2.6 Million Warrants Outstanding
Slide 4: Management and Directors
Management and Directors ROBERT T. BOYD, President, CEO & Director • Senior mining executive with 35 years of experience in exploration, executive- level management, corporate finance and corporate governance. • Serves on several corporate and industry association Boards. • Former President, CEO, an
Slide 5: Board of Directors
Board of Directors H. ROSS ARNOLD, Director • Atlanta based venture capitalist and investor. Founder and majority owner of Quest Capital Corp., which owns a majority or controlling interest in more than 10 companies, with annual revenues in excess of US$400 million. RICHARD GILLIAM, Director • Presi
Slide 6: Key Project Locations
Key Project Locations TSX.V: EDG
Slide 7: Current Key Project Summaries
Current Key Project Summaries BANDITO Rare Earth-Niobium (Nickel-Copper), Yukon • Option to earn 75% interest in large 5,300 hectare property. • Nine square kilometer intrusive related REE and Niobium alteration system. • Exploration potential for large tonnage intrusive hosted rare earth and niobiu
Slide 8: Current Key Project Summaries (cont.)
Current Key Project Summaries (cont.) ELEPHANT MOUNTAIN Gold – Rampart Eureka District, Alaska • Option to own 100%. • Intrusive hosted Stockwork Gold. • 1991 Placer Dome - Drill hole 0.514 gpt gold over 99.4 meters. • 1991 Gold-arsenic soil anomaly at least 6,000 by 1,500 feet in size. • Partially
Slide 9: Bandito Project Yukon
BANDITO PROJECT Yukon Option to Earn 75% JV Rare Earth-Niobium-Nickel-Copper Target
Slide 10: Bandito - Location
Bandito - Location Access through rolling to flat topography 60 kilometres from all weather road 30 kilometres from oil + gas tote road 90 kilometres to Beaver River gas wells
Slide 11: Bandito Option Deal Terms
Bandito, Yukon Rare Earth-Niobium-Ni-Cu Project Option Deal Terms 5,300 hectare property located in the Yukon. In August 2010 signed an Option that allows Endurance to acquire up to a 75% joint venture interest in the property from True North Gems Inc. (TGX). To earn the initial 51%, Endurance is re
Slide 12: Bandito Project, Yukon Geological Setting
Bandito Project, Yukon Geological Setting Represents a Proterozoic aged alkaline intrusive related REE-Niobium system – 2009 whole rock indicates both agpaite & miaskite affinity. Analogies to other large intrusive related REE and Niobium systems (i.e. Thor Lake, NWT and Strange Lake, Quebec) or pos
Slide 13: Bandito Historic Rare Earth Exploration Activity
Bandito Project, Yukon Historic Rare Earth Exploration Activity Original exploration based on radiometric anomalies commencing in the mid-1970s. The nepheline syenite and altered host rocks have been previously explored for uranium, thorium, niobium and rare earth elements (and possibly copper). Con
Slide 14: Bandito 2011 Rare Earth Results Highlights
Bandito Project, Yukon 2011 Rare Earth Results Highlights Studies indicate REE are associated with fenite-hosted fine-grained hematite, hydrothermal zircon, monazite and bastnasite Within 1 square kilometer area South Fenite Trend Trench - 2.30% TREO+Y over 6 meters including 3.32% over 4 meters* *
Slide 15: Rare Earth Oxide Distribution
Rare Earth Oxide Distribution South Fenite Trench 3.32% TREO+Y over 4 meters HoO TmO YbO DysprosiumO ErO LuO $10 per kg* TerbiumO GdO LanthanumO EuropiumO YttriumO SmO CeriumO Eu, Tb, Dy PrO $500 to $1100 /kg * LanthanumO NeodymiumO SmO NeodymiumO EuropiumO GdO $100 per kg* PrO TerbiumO DysprosiumO
Slide 16: Rare Earth for Magnets in Short Supply
Rare Earth for Magnets in Short Supply USGS Medium Term (2015-2025) “Criticality” Index
Slide 17: 2011 Highlights REE & Niobium in Rock Samples
Bandito Project, Yukon 2011 Highlights REE & Niobium in Rock Samples Rock Sampling Confirms High Niobium Values In Intrusive Rock + Strong “Heavy” enriched Rare Earth Values in Fenite
Slide 18: 2011 Highlights REE & Niobium in Soil
Bandito Project, Yukon 2011 Highlights REE & Niobium in Soil Total Rare Earth Elements + Yttrium Niobium Avalon Nechalacho Avalon Nechalacho Size Comparison Size Comparison 0.243% Nb2O5 (syenite grab) Chip or Trench Sampling Niobium - Tantalum 2011 Soil Grid Soil Grid Sample Density Statistical Corr
Slide 19: Niobium-Tantalum Primer
Niobium –Tantalum Primer Niobium Prices - US$40 to US$56 per kilogram Nb2O5 * Primarily used in high strength low alloy steels Tantalum Prices - US$110 to US$256 per kilogram Ta2O5* Primarily used in the electronics industry *From Avalon and MDN Inc. NI 43-101 reports
Slide 20: Bandito 2011 Niobium Results Highlights
Bandito Project, Yukon 2011 Niobium Results Highlights Intrusive “Pink Syenite” Hosted (over 1 square kilometer area) Trench - 0.22% Nb2O5 over 3 meters – metasomatized “mafic” syenite. Chip – 0.43% Nb2O5 over 1 meter – potassium feldspar intrusive/fenite. Grab Samples • 1.30% and 0.90% Nb2O5 – pyro
Slide 21: 2011 Highlights REE & Niobium in Soil
Bandito Project, Yukon 2011 Highlights REE & Niobium in Soil Total Rare Earth Elements + Yttrium Niobium Avalon Nechalacho Avalon Nechalacho Size Comparison Size Comparison 0.243% Nb2O5 (syenite grab) Chip or Trench Sampling Niobium - Tantalum 2011 Soil Grid Soil Grid Sample Density Statistical Corr
Slide 22: Bandito Alkaline Alteration
Bandito Project, Yukon ALKALINE ALTERATION Sericite alteration and fluorite is pervasive throughout the nepheline syenite intrusive which has been mapped as “red syenite”. The syenite is interpreted as the source of alteration fluids. Host rock and syenite has been intensely sodium and potassium met
Slide 23: Rare Earth Niobium Preliminary Studies
Bandito Project, Yukon Rare Earth Niobium Preliminary Studies Petrographic studies of fenite have observed that: • REE bearing minerals bastnasite(Ce), monazite(Ce), xenotime, REE enriched iron oxides, and zircon with associated minerals fluorite and fluorapatite. • Niobium is contained in pyrochlor
Slide 24: Bandito Nickel and Copper Results
Bandito Project, Yukon Nickel and Copper Results No documented exploration for copper or nickel prior to 2004. 2004 to 2006 returned grab samples up to 11.35% nickel, 2.07% copper, 27.1% bismuth, and 1.88% lead at the Gossan Target. 2011 Field work has identified seven (7) nickel and copper prospect
Slide 25: Highlights Nickel-Copper-Niobium in Rock Samples
Bandito Project, Yukon Highlights Nickel-Copper-Niobium in Rock Samples
Slide 26: Highlights Copper & Nickel in Soil
Bandito Project, Yukon Highlights Copper & Nickel in Soil Copper Nickel 2006 & 2011 2006 & 2011 Copper in Soil Nickel in Soil Cu (ppm) Percentile Ni (ppm) Percentile 79 - 3160 > 95th 40 - 2860 > 95th 54 - 79 > 90th 30 - 40 > 90th Chip or Trench Sampling 32 - 54 > 80th 23 - 30 > 80th Soil Grid Sample
Slide 27: Bandito Project Highlights
Bandito Project, Yukon Project Highlights 1. Drill Ready REE target - 3.0 by 0.5 Km Rare Earth System in Fenite – 2.3% TREO+Y over 6 meters with 10.8% Heavy Rare Earths in Fenite - plus consistently high niobium values in Fenite. 2. Drill Ready Nb-Ta targets - Over 30 chip & grab samples contain in
Slide 28: Bandito Next Steps
Bandito Project, Yukon Next Steps 1. Drilling – Several rare earth, niobium/tantalum and nickel-copper targets warrant drill testing. 2. Trenching – To identify controls and extent of rare earth and niobium-tantalum mineralization in intrusive-hosted and fenite targets. 3. Rock and soil sampling – T
Slide 29: Alaska Gold Projects
ALASKA GOLD PROJECTS Livengood and Hotsprings Gold Districts
Slide 30: Alaska Properties - Location
Alaska Properties - Location
Slide 31: Elephant Mountain
ELEPHANT MOUNTAIN Option to Earn 100%
Slide 32: Elephant Mountain Gold Project, Alaska
Elephant Mountain Gold Project, Eureka - Hotsprings District, Alaska Option to own 100% in large property. Initial payment of US$15,000 and 25,000 Endurance shares – Total US$200,000 work, US$200,000 cash, and 400,000 Endurance shares to vest ownership over 5 years. Subject to 2% NSR. 0.514 gpt gold
Slide 33: Elephant Mountain Property
Elephant Mountain Property 1991 Placer Dome DDH-2 0.015 ounces per ton gold over 326 feet or Elephant Mountain 0.514 grams per tonne gold over 99.4 metres Property Gold Bearing Placer Gravels
Slide 34: Elephant Mountain Historic Exploration Summary
Elephant Mountain Property Historic Exploration Summary 1991 Placer Dome DDH-2 0.015 ounces per ton gold over 326 feet or 0.514 grams per tonne gold over 99.4 metres Gold in Soil by: Placer Dome, 1991 100 ppb 20 ppb Gold in Rock Samples by: Aurora Geosciences, 2007 5.21 gpt Au " ) Gold > 1 gpt
Slide 35: Elephant Mountain Property
Elephant Mountain Property 1991 PDI-DDH-2 0.514 0.514gpt gptgold over gold 99.4 meters over 99.4 meters
Slide 36: Elephant Mountain Property
Elephant Mountain Property south north 0.514 gpt gold over 99.4 meters
Slide 37: McCord and Vana Gold Projects, Livengood Alaska
McCord and Vana Gold Projects, Livengood Alaska 100% owned properties of over 2,200 acres and 3,200 acres. The McCord Property immediately adjoins International Tower Hill's (ITH) Livengood Property. Un-glaciated terrane - similar to the White Gold District in the Yukon. At McCord, gold values up to
Slide 38: Livengood Gold District, Alaska McCord & Vana Projects
Livengood Gold District, Alaska McCord & Vana Projects ± Endurance Gold International Tower Hill Others INTERNATIONAL TOWER HILL LIVENGOOD RESOURCE 933 Mt @ 0.55 g/t Gold (16.5 Moz Measured and Indicated) @ Cut-Off Grade: 0.22 g/t Gold (see International Tower Hill website)
Slide 39: McCord Project Funded for 2012
McCord Project Funded for 2012 Three large soil anomalies were discovered during the 2011 soil sampling program. In May 2012 Endurance announced a farm-out transaction on this 100% owned property. Liberty Gold Corporation has the option to earn up to 60% JV interest by incurring $600,000 in explorat
Slide 40: Rattlesnake Hills – Natrona Project
RATTLESNAKE HILLS – NATRONA PROJECT Rattlesnake Hills Natrona County, Wyoming
Slide 41: The Rattlesnake Hills – Natrona Properties
The Rattlesnake Hills – Natrona Properties • Ten properties covering 3,800 acres. • 100% owned by Endurance Resources Inc. (ERI - a wholly owned subsidiary of Endurance Gold Corporation). • ERI properties are situated between 1.7 and 8 kilometers of the Evolving Gold Agnico Eagle (EVG-AE) discovery
Slide 42: Rattlesnake Hills – Natrona Project
Rattlesnake Hills – Natrona Project Geology and Ownership
Slide 43: Rattlesnake Hills – Natrona Project
Rattlesnake Hills – Natrona Project Looking Southwest from the Phonolite outcrop on Endurance’s TMS Claims to Evolving Gold-Agnico Eagle's North & Northeast Stock EVG-AE’s North Stock Deposit EVG-AE’s 2011 NE Alteration Zone Endurance’s TMS Phonolite
Slide 44: Rattlesnake Hills – Natrona Project
Rattlesnake Hills – Natrona Project STP Property Marginal Intrusive Crackle & Diatreme Breccia Zone at contact of Phonolite Intrusive 0.66 gram per tonne gold Proposed Program – Geophysics to prioritize additional targets
Slide 45: Pardo Project, Ontario
Pardo Project, Ontario Model analogous to Witwatersrand Basin in South Africa Located 65 km northeast of Sudbury in east-central Ontario, and road accessible. Property is a Joint Venture with Ginguro Exploration Inc. (GEG) as Operator with 55% and Endurance with 45%. Between 2009 and 2011 GEG drille
Slide 46: Pardo Joint Venture Hole PD-07-31
Pardo Joint Venture Hole PD-07-31 (2.01 gpt Au / 8.4 m)
Slide 47: Polished Section of Gold Mineralization
Polished Section of Gold Mineralization Gold Assay of 12.88 g/T Abundant free gold on edges of abraded pyrite grains.
Slide 48: www.endurancegold.com
www.endurancegold.com Suite 1700 - 750 West Pender Street Vancouver, BC V6C 2T8 Canada Telephone: 604-682-2707 Fax: 604-681-0902