Endurance Reports Surface Samples Between 7.01 Gpt & 21.2 Gpt GOLD from Eagle South Doubling the Surface Extent of the Eagle Zone to 400 Metres
ENDURANCE GOLD CORPORATION
#520 – 800 West Pender Street
Vancouver, B.C. V6C 2V6
Tel: (604) 682-2707 Fax: (604) 681-0902
NEWS RELEASE 22 - 01 January 05, 2022
ENDURANCE REPORTS SURFACE SAMPLES BETWEEN 7.01 GPT & 21.2 GPT GOLD FROM EAGLE SOUTH
DOUBLING THE SURFACE EXTENT OF THE EAGLE ZONE TO 400 METRES
Endurance Gold Corporation (EDG – TSX.V) (the “Company”) is pleased to report encouraging results of chip and grab
samples from newly exposed outcrops at the Reliance Gold Property (the “ Property”) in southern British Columbia.
The Property is located 4 kilometres (“km”) east of the village of Gold Bridge, and 10 km north of the historic Bralorne-
Pioneer Gold Mining Camp which has produced over 4 million ounces of gold.
As reported on October 28, 2021, construction of a new drill access road exposed quartz-stibnite-pyrite-arsenopyrite
breccias and oxidized shearing within an area of structural deformation associated with the 300 metre s (“m”) long
Eagle South gold-in-soil anomaly (“Eagle South”). Gold-pathfinder elements were identified in outcrop using a hand-
portable XRF unit and a subset of samples were submitted for gold assay analysis. Assay results are reported herein
where all five samples collected from Eagle South returned high-grade gold ranging from 7.01 grams per tonne (“gpt”)
to 21.20 gpt gold.
Table 1 – Eagle South Soil Anomaly - Surface Rock Sample Results
Bedrock Prospect Gold Grade (gpt) Sample ID Description
Eagle South (E5)
21.20 B838878 Grab- Ultramafic at porphyry contact with scorodite
after arsenopyrite
Eagle South (E5)
15.30 B838879 0.5 m wide chip - hematite shearing
Eagle South (E5)
7.01 B838880 1.8 m wide chip - hematite shearing
Eagle South (E7)
9.66 B838875 2.5 m wide chip - hematite shearing
Eagle South (E7)
12.90 B838876 Grab - 0.5 m wide stibnite-arsenopyrite in quartz vein
The surface exposure for the combined Eagle and Eagle South Zones has now been expanded to a 400 m strike length
and up to 150 m in projected width to surface. The Eagle and Eagle South Zones together with the Upper Eagle gold-
in-soil anomaly are still open to expansion to the southeast and to depth.
Three samples were collected from the E5 prospect at three different locations over a 40 m distance across Eagle
South. Samples exhibited iron carbonate alteration, strong hematite altere d shearing, and arsenopyrite, stibnite,
scorodite and chrome mica. The samples assayed 21.20 gpt, 15.30 gpt, and 7.01 gpt gold. The chrome mica suggests
the presence of ultramafic rocks that have been altered. The E5 prospect is located on surface 150 m southeast of
DDH21-006 which intersected 8.62 gpt gold over 24.4 m including 17.02 gpt gold over 4.3 m (see press release
December 29, 2021) and is currently interpreted to be a southeastern extension of the Eagle Zone.
The E7 prospect is located an additional 130 m to the southeast of E5 and 270 m southeast of DDH21 -006. Two
samples were collected from poorly exposed and partly oxidized outcrop exhibiting iron carbonate alteration and
hematite shearing including a narrower stibnite-arsenopyrite bearing quartz vein. Chip sample B838875 returned 9.66
gpt gold and 3 ,050 ppm antimony (“Sb”) over 2.5 m across the exposure. A representative grab sample B838876
returned 12.9 gpt gold and 1.83 % Sb from the 0.5 m wide stibnite-arsenopyrite vein.
The E5 prospect has been partially tested with diamond drill holes DDH21-014, DDH21-015, and DDH21-020 completed
in late October 2021. Assay results remain to be reported on these drill holes. The E7 prospect has not been drill tested.
The Upper Eagle gold-in-soil anomaly has not yet been explained with any associated bedrock exposures and remains
to be tested with drilling.
These outcrop sample results are very encouraging and continue to demonstrate the excellent exploration potential
on the Reliance Property. The Company plans to complete systematic channel sampling in these outcrop areas.
Exploration plans, when finalized, will include maiden drill testing of the E7 pro spect, the Upper Eagle gold -in-soil
anomaly, and further drilling at the E5 prospect with the objective of expanding and defining the Eagle Zone.
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
FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, [email protected]
www.endurancegold.com
Grab and chip samples are selective by nature and were collected at locations where elevated XRF values for pathfinder elements were identified and are unlikely
to represent average grades on the property or within the target areas.
Diamond drill core was logged and evaluated on the Property and samples designated for collection under the supervision of a geologist at the property. Drilling
was completed using a skid mounted Hydracore 2000 equipped with NQ size tools capable of collecting 4.76 cm diameter core. Diamond drill core was cut using a
diamond drill saw with one half of the core sent for analysis and the remaining kept for future studies. Sample intervals were typically 2 metre core length and
intervals were shortened for lithology or alteration changes. For drilled and sampled intervals of poor average core recovery, the complete core was sampled and
sent to the laboratory for assay analysis. All grab, chip samples and diamond drill core 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. Endurance
Gold monitors QA/QC by inserting blanks, certified standards and pulp duplicates into the diamond drill core sample stream.
The 2020 and 2021 work programs were 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 Venture 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.
Figure 1: Reliance Property, 2021 Drill Plan Eagle Area – Eagle South Rock Sample Locations