- Endurance (EDG) commences drilling program at the Reliance Gold Property, B.C
- A second rig is anticipated to commence in about five weeks
- The road-accessible property is located four kilometres east of the village of Gold Bridge, and 10 km north of the historic Bralorne-Pioneer Gold Mining Camp
- Channel sampling of these new surface prospects discovered in November 2021 will be completed in the next few weeks
- The diamond drilling program is budgeted for a minimum 8,000 m program
- Endurance Gold Corporation (EDG) is trading at C$0.39 at 9:37 am ET
Endurance Gold (EDG) has commenced at the Reliance Gold Property in B.C, with the first drill rig arriving on April 20.
A second rig is anticipated to commence in about five weeks.
The road-accessible property is located four kilometres east of the village of Gold Bridge and 10 km north of the historic Bralorne-Pioneer Gold Mining Camp, which has produced over four million ounces of gold.
The planned 2022 program consists of reverse circulation and diamond drilling designed to expand the 2021 drill discovery at Eagle South, which returned 15.70 grams per ton of gold over 24.8 metres at shallow depth in DDH21-020 the Eagle Zone, which returned 8.62 gpt gold over 24.4 m from DDH21-006.
At the Eagle Zone, recent drilling results by the company have defined a near-surface, shallow dipping zone of 250 m by 150 m in size with a weighted average grade of 5.13 gpt gold and an average estimated true width of 11.2 m.
The Eagle mineralized zones continue to be open to the southeast and to depth. Soil sampling, biogeochemical sampling, and surface grab samples of up to 21.2 gpt gold indicate the potential to expand the combined Eagle mineralized zones to a minimum 400 m strike length.
Channel sampling of these new surface prospects discovered in November 2021 will be completed in the next few weeks.
Over six weeks, the 2022 RC drilling program is budgeted to complete about 40 holes, with a planned drilling depth of 70 m at each hole.
The diamond drilling program is budgeted for a minimum 8,000 m program.
In addition to expanding the Eagle Zones, the 2022 program will drill test several targets along the Treasure Shear and the 2.0 km long Royal Shear.
RC drilling has commenced at the Bona prospect on the Treasure Shear, where channel sampling returned 4.43 gpt gold over 8.5 m.
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 (EDG) is trading at C$0.39 at 9:37 am ET.
