ENDURANCE REPORTS DRILL ASSAY OF 14.08 GPT GOLD OVER 15.24 METRES AT THE EAGLE ZONE Other Eagle Intersections Include 4.88 gpt Gold over 24.93 Metres & 5.57 gpt Gold over 22.86 Metres
ENDURANCE GOLD CORPORATION
#520 – 800 West Pender Street
Vancouver, B.C. V6C 2V6
Tel: (604) 682-2707 Fax: (604) 681-0902
NEWS RELEASE 21 - 15 June 17, 2021
ENDURANCE REPORTS DRILL ASSAY OF 14.08 GPT GOLD OVER 15.24 METRES AT THE EAGLE ZONE
Other Eagle Intersections Include 4.88 gpt Gold over 24.93 Metres & 5.57 gpt Gold over 22.86 Metres
Endurance Gold Corporation (EDG – TSX.V) (the “ Company”) is pleased to provide the final assay results for the
remaining thirty (30) of the thirty-five (35) reverse circulation (“RC”) holes drilled in 2021 at its Reliance Gold Property
(the “Property”) in southern British Columbia. The Property is located 4 kilometres (“ km”) east of the village of Gold
Bridge with year-round road access, and 10 km north of the historic Bralorne -Pioneer Gold Mining Camp which has
produced over 4 million ounces of gold.
Drilling has successfully identified a significant extension to the E agle Zone gold discovery which remains open to
further expansion and will be tested with the upcoming planned diamond drilling program. Twenty-seven (27) of the
thirty-five (35) RC holes drilled in 2021 have reported gold intersections. The following table highlights the best gold
intersections from seven (7) new holes at the Eagle Zone:
“These encouraging results highlight the outstanding exploration potential of the Reliance Property ” stated Robert
Boyd, CEO of Endurance Gold “We look forward to a continuing season of drilling to grow the many targets we are
confirming over almost 2 kilometres of strike within the Royal-Treasure Shear Complex.”
Eagle Zone - The Eagle Zone continues to deliver encouraging drill results with seven (7) additional very encouraging
drill intersections expanding the Eagle Zone downdip to the southwest and towards the southeast along the Royal
Shear structural corridor. All intercepts reported fro m the Eagle Zone to date are exposed at surface or within 50
metres (“m”) of surface with a projected footprint that is now expanded to 170 m by 80 m. The Eagle Zone is still open
for expansion to the southeast and downdip to the southwest. Highlight gold assay results from the 2021 Eagle Zone
RC drilling include 14.08 grams per tonne gold (“ gpt Au”) over 15.24 m (est. 8.4 m true width ). Other excellent
intersections at Eagle include 4.88 gpt Au over 24.39 m (est. 12.8 m true width), 5.57 gpt Au over 22.86 m (true width),
and 2.86 gpt Au over 21.34 m (true width). RC chip logging of un-oxidized gold mineralization at Eagle has identified
sulphidized ankerite-sericite altered volcanics, and pervasively silicified volcanics with associated quartz vein
stockwork and/or quartz breccia. Observed common sulphides included pyrite, arsenopyrite and stibnite. A drill hole
plan map and the four vertical sections for the Eagle Zone are appended below as sections 5635737N, 5635770N,
5635793N, and 5635816N and available on the Company website.
Drilling of the Eagle Zone down dip to the southwest is complicated by a northwest striking, steeply southwest dipping
structure which hosts a strongly altered , silicified and anomalously mineralized feldspar porphyry intrusive with
indications of associated multigenerational quartz breccia and mineralized fragments. The Eagle Zone remains open
for possible expansion on the southwest side of this area of faulting and intrusive and will be tested in the next phase
of drilling. Diamond drilling of this feature will be required to fully understand and define the contacts of the intrusive
and the possibility that this intrusive is genetically associated with a ‘feeder zone’ to the Eagle Zone mineralization.
Additional Drilling Results – Summarized in the table below are additional gold results from drilling at the Eagle, Eagle
South, Imperial, Diplomat. Treasure and Crown Targets all located along the prospective Royal -Treasure Shear
Complex.
Interpretation of these drill results , and those reported on May 27, 2021 at the Diplomat target, have identified a
steeply dipping breccia vein stockwork zone that has been traced in drilling for an estimated 120 m on strike and 110 m
along the dip plane. The best intersection to date at Diplomat returned 16.39 gpt Au over 4.57 M which was reported
in late May. Based on the current interpretation of strike and dip, the true width of this breccia vein stockwork zone is
estimated at 3 m. This Diplomat breccia vein stockwork could represent a northwestern strike extension of the Imperial
Zone.
As reported on May 27, 2021 the Treasure Prospect has been tested by three (3) short RC holes and the first hole
reported in late May returned 1.6 gpt Au over 6.1 m . New results have returned 2.13 gpt Au over 1.52 m , and 0.94
gpt Au over 1.52 m . Management is encouraged by these results as they confirm that the Treasure Shear is a gold -
bearing structure and a viable exploration target.
At the Imperial Zone, two RC holes tested for a potential north -south striking mineralized structure oblique to the
Imperial trend. One of these holes intersected 1.53 gpt Au over 3.05 m, and the other intersected 1.95 gpt Au over
6.1 m. A third 2021 RC hole at Imperial tested a soil anomaly between the Imperial and Diplomat Zones and intersected
8.66 gpt Au over 1.52 m , supporting the possibility of connecting mineralized structures between the Imperial and
Diplomat Zones.
At the Crown Zone, the initial two holes intersected narrow zones of gold mineralization, but water ingress difficulties
negatively affected RC sample quality. Further evaluation of the Crown Zone will be conducted by diamond drilling.
Property Activity – A program of follow -up soil sampling, prospecting, geological ma pping and additional channel
sampling is currently in progress. Further preparation of the property for diamond drilling locations will be required
ahead of drilling which is currently planned to commence in July or August. The 3DIP geophysical crew completed their
survey in late May and preliminary results are expected shortly.
Community Consultation and Engagement - The Company is proud of its efforts to engage and inform local
communities, as well as employ local personnel and contractors as much as possible, including the First Nation
communities. Engagement and dialogue are continuing with affected First Nation communities to determine
opportunities for mutually beneficial participation. This outreach effort resulted in the Co mpany contracting Tsal’alh
Development Corporation (TDC) to assist in providing personnel and contracting assistance with numerous aspects of
our exploration program in 2020 and continuing in 2021. Approximately 25% of our 2020 manpower efforts were
provided to the Company by TDC. In addition , we continue to engage other residents and local service providers
located within the Upper Bridge River Valley to assist with our exploration program.
Endurance Gold Corporation is a company focused on the acquis ition, exploration and development of highly
prospective North American mineral properties with the potential to develop world-class deposits.
ENDURANCE GOLD CORPORATION
Robert T. Boyd
FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, [email protected]
www.endurancegold.com
RC samples were collected under the supervision of a geologist at the drilling rig. Drillin g was completed using a 3.5 inch hammer bit and rock chip samples were
collected using a cyclone. Sample size were reduced to 1/8th size with a riffle splitter at the drilling rig. A second duplicate split and coarse chips were collected for
reference material and stored. All RC samples have been submitted to ALS Global in North Vancouver, BC, an ISO/IEC 17025:2017 accredited laboratory, where they
are crushed to 70% <2 mm then up to 250 gram pulverized to <75 microns. Samples are then submitted for four-acid digestion and analyzed for 48 element ICP-MS
(ME-MS61) and gold 30g FA ICP-AES finish (AU-ICP21). Over limit samples returning greater than 10 ppm gold are re-analyzed by Au-GRA21 methodology and over
limit antimony returning greater than 10,000 ppm Sb are re-analyzed by Sb-AA08 methodology. The pXRF analysis was conducted by a Company geologist at the
project site within 24 hours of drilling on the complete 1/8th duplicate split reference material. An Olympus Vanta XRF Analyzer was used for the analysis which is
capable of measuring elements from concentrations as low as single parts per million (ppm). The work program was supervised by Darren O’Brien, P.Geo., an
independent consultant and qualified person as defined in National Instrument 43-101. Mr. O’Brien has reviewed and approved this news release.
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.