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Endurance Accelerates 100% Ownership of the Entire Reliance GOLD Project, B.c.

Corporate Updates

ENDURANCE GOLD CORPORATION

Suite 1212 – 666 Burrard Street

Vancouver, B.C. V6C 2X8

Tel: (604) 682-2707 Fax: (604) 681-0902

NEWS RELEASE 24 - 15 December 19, 2024

ENDURANCE ACCELERATES 100% OWNERSHIP OF THE ENTIRE RELIANCE GOLD PROJECT, B.C.

Endurance Gold Corporation (EDG – TSX.V; ENDGF – OTC Pink; 3EG – Berlin Open Market) (the “Company”) is pleased

to announce that it has fulfilled the requirements of three option agreements and acquired 100% interest in the related

properties that constitute the majority of the Reliance Gold Project (the “Property”) in B.C. The Project is located 5

kilometers (“km”) east of Gold Bridge and 10 km north of the Bralorne Gold Mines which have historically produced

over 4 million ounces of gold.

The Company has accelerated its final vesting of ownership in all properties related to three option agreements which

formed the majority of the Property by making final cash payments of $205,000 and the issuance of 3,100,000

Endurance shares. The issued shares are subject to minimum regulatory and agreed hold periods. In addition to the

cash and share payments, 750,000 share purchase warrants (the “Warrants”) were issued to the Optionor of the

Olympic Property as per the 2022 Option Agreement. Each Warrant entitle s the Optionor to acquire one common

share of the Company for a period of three years from the date of issuance. The exercise price of the Warrants is set

at $0.17, a 25% premium to the 20-day volume weighted average price of the share. Any shares to be issued from the

exercise of the Warrants will be subject to a four-month hold period in accordance with the policies of the TSX Venture

Exchange (the “Exchange”). The issuance of Warrants remains subject to the final acceptance by the Exchange. For

details of the option terms for the three option agreements , please refer to the Company’s news releases issued on

September 12, 2019 , October 18 , 2022 and October 25, 2022 as well as a deal location figure available on the

Company’s website.

Endurance Gold Corporation is a company focused on the acquisition, exploration and development of highly

prospective North American mineral properties with the potential to develop world-class deposits.

ENDURANCE GOLD CORPORATION

Robert T. Boyd, President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT

Endurance Gold Corporation www.endurancegold.com

Toll Free: (877) 624 2237, [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture Exchange) accepts responsibility

for the adequacy or accuracy of this news release. This news release may contain forward looking statements based on assumptions and judgments of management

regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from the expected

results.