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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Endurance Gold Corp | TSXV:EDG | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.135 | 0.125 | 0.135 | 0.135 | 0.135 | 0.135 | 10,000 | 18:28:14 |
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As of September 30, the company has completed 33 diamond drill holes in 2022 for 7,039 metres with results reported to date on 16 drill holes. Today’s assay results include 9 significant gold intersections from 5 additional diamond drill holes completed in the Eagle Area.
As reported on August 8, drilling within the Eagle South Zone has identified multiple quartz vein zones with estimated horizontal widths ranging from 5 to 52 metres. The most significant veins with associated mineralization to date are the 024 Vein and 027 Vein. These quartz veins exhibit a pervasive crackle breccia texture with gold-arsenopyrite mineralization concentrated in more intense cataclastite brecciation along the quartz vein margins.
The Eagle South Feeder target area is about 150 metres wide and at least 400 metres in length, bound by the shallower dipping Eagle Zone to the northeast and the steeply dipping Royal Shear Fault to the southwest, and is open along strike and to depth below the southwest dipping Royal Shear. Eagle South is an area of brittle-ductile deformation and strong pervasive ankerite-sericite alteration with multiple brecciated quartz veins identified to date. The strike length and depth potential of each of these brecciated quartz veins is currently unknown and the distribution of the gold and arsenopyrite rich margins of these breccias zones is still poorly understood.
Holes DDH22-035, 36, 37, and 38 were drilled from the same pad and extended mineralization 165 metres to the southeast from hole DDH21-020. Highlights include intersections of 7.65 gpt gold over 12.7 metres and 7.55 gpt gold over 8.9 metres.
Robert T. Boyd, CEO, stated: "We now have assay results from thirty-eight diamond drill holes completed in 2021 and 2022 with seventy-eight percent of these drill holes returning significant gold intersections. The ongoing drilling program has delineated the Eagle Zone over a 500 metre strike extent and has discovered large brecciated quartz veins signifying a robust orogenic gold system with depth potential. Future drilling will continue to expand the Eagle Zone and delineate mineralized feeder zones related to the quartz veins."
The company has a number of other highly prospective North American mineral properties which management considers have the potential to develop world-class deposits.
The shares are trading at $0.385. For more information, please visit the company’s website, www.EnduranceGold.com, contact Robert T. Boyd, President and CEO, at 604-682-2707 or by email at info@EnduranceGold.com.
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The information in this InvestmentPitch Media Ltd video is for the viewers information only. Endurance Gold has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format. The corporate information is based on information that is publicly available. Any information provided by InvestmentPitch Media Ltd., through its media services is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided solely as an informational media service. InvestmentPitch Media Ltd makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the viewer or their financial advisor. Investing in securities is speculative and carries risk.
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