- Enduro Metals Corporation (ENDR) has commenced its exploration program at its Newmont Lake Project in British Columbia’s Golden Triangle
- The 2022 exploration program will expand the mineralised footprint of the alkalic porphyry system discovered at Burgundy Ridge during 2021
- The secondary objective will be to follow up on the geochemical sampling program at McLymont Fault and extend the potential mineralised footprint from 700 metres to 5,500 metres
- At Burgundy Ridge, a two-rig diamond drill program has commenced to test the extent of copper and gold mineralization along a 1,200-metre strike length
- At the McLymont Fault project, a detailed exploration program is being finalized to follow up on 2021’s geochemical soil sampling program
- Enduro Metals Corporation is up 8.57 per cent, trading at $0.19 per share at 10:40 AM ET
Enduro Metals Corporation (ENDR) has commenced an exploration program at its Newmont Lake Project in British Columbia’s Golden Triangle.
The 2022 exploration program will expand the mineralised footprint of the alkalic porphyry system discovered at Burgundy Ridge during 2021 (331 metres of 0.71 per cent CuEq discovery hole).
The secondary objective will be to follow up on the geochemical sampling program at McLymont Fault and extend the potential mineralized footprint from 700 metres to 5,500 metres.
At Burgundy Ridge, a two-rig diamond drill program has commenced to test the extent of copper and gold mineralization along a 1,200-metre strike length.
At the McLymont Fault project, a detailed exploration program is being finalized to follow up on 2021’s geochemical soil sampling program.
Enduro’s President and CEO, Cole Evans stated that the company is in a fortunate position to be fully funded for its 2022 exploration program following the C$10 million private placement undertaken in May.
“Burgundy represents a top-tier porphyry exploration target, and we are looking forward to a very exciting year with a greater understanding of the scale and significance of this mineralized system which shows many similarities to Galore Creek, some 35km to our northwest.
While Burgundy is truly exciting, we must not forget that we have an excellent project in the McLymont Fault. The results of the recent geochemical sampling program suggest that we have a gold-rich project which has the size and scale needed to be economic in the Golden Triangle.
I would like to extend our thanks to the entire field team whose combined efforts have allowed us to commence drilling earlier than ever before on the property despite the fact that the snow base has been substantially higher than average.”
Enduro Metals is an exploration company focused on its flagship Newmont Lake Project; a total 654km2 property located between Eskay Creek, Snip, and Galore Creek within the heart of northwestern British Columbia’s Golden Triangle.
Enduro Metals Corporation (ENDR) is up 8.57 per cent, trading at $0.19 per share at 10:40 AM ET.
