- Enduro Metals Corp. (ENDR) has completed the 2022 drill program at its Newmont Lake Project in B.C.
- The drilling campaign focused on expanding the mineralized footprint of the Burgundy Ridge copper-gold porphyry target
- The team identified wide zones of sulphide mineralization, including chalcopyrite, bornite and chalcocite, in several drill holes
- Enduro Metals Corporation (ENDR) is up 3.33 per cent, trading at $0.155 per share at 2:45 pm ET
Enduro Metals Corp. (ENDR) has completed the 2022 drill program at its Newmont Lake Project.
10,888 total metres of diamond drilling was completed over 25 drill holes.
The drilling campaign focused on expanding the mineralized footprint of the Burgundy Ridge copper-gold porphyry target.
The team identified wide zones of sulphide mineralization, including chalcopyrite, bornite and chalcocite, in several drill holes.
The company discovered a new alkalic porphyry system in this location in October 2021 at 331 metres of 0.71 per cent CuEq from surface, including 146m of 1 per cent CuEq.
Enduro’s President and CEO, Cole Evans, stated that the team has completed the largest drill program undertaken at the Newmont Lake project.
“Given the scale of the property, the number of exploration targets, and the cost of exploration in the Golden Triangle, a decision was taken to concentrate the 2022 exploration budget on expanding the mineralized footprint of the Burgundy Ridge copper-gold porphyry discovery, which I believe has the potential to be a Tier 1 mineral deposit. In addition to drilling at Burgundy Ridge, we put five holes into the McLymont West target within the McLymont Fault Gold Zone. I am encouraged by what I have seen in the drill core from both areas and look forward to receiving assays later in 2022.”
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 3.33 per cent, trading at $0.155 per share at 2:45 pm ET.
