Enduro Metals: Reports 3.03 g/t Gold over 86 Metres by Adding 2.46 g/t Gold over 26 Metres from Previously Unidentified Mineralization in Historic Drilling
Kelowna, British Columbia–(Newsfile Corp. – November 10, 2020) – Enduro Metals Corporation (TSXV: ENDR) (OTC Pink: SIOCF) (FSE: SOG) (“Enduro Metals” or the “Company“) is pleased to report further drill results from historically unsampled drill core along the McLymont Fault of the Company’s Newmont Lake Project, providing additional evidence for significantly more gold within the previously drilled area. More assays are awaited from recent drilling which tested targets beyond the area of the historic drilling, including recently released NW20-09 which cut 8.85m of 31.09 g/t Au, and 1.07% Cu 300 metres away. The Newmont Lake Project is located in the heart of British Columbia’s Golden Triangle. McLymont is one of four large-scale geological systems on the 638 km2 project controlled by Enduro.
R-07-09’s original reported intersection was 19.69m of 7.82 g/t Au, including 2.35m of 27.32 g/t Au (see Romios Gold news release of December 18th, 2007). Enduro Metals took an additional 52 samples over a total of 83.08 metres from previously unsampled core. Of those 52 samples, 18 returned new anomalous gold values (see Figure 1).
Assays below the original mineralized interval revealed another mineralized horizon of 26m of 2.46 g/t Au, 3.17 g/t Ag, and 0.11% Cu starting at 56.60m. Only 1 sample was taken in the newly discovered horizon when it was originally drilled in 2007 which returned 1.68m of 6.58 g/t Au, 29.6 g/t Ag, and 0.74% Cu (see Romios December 18th, 2007). The combination of these historic and new assays resulted in the longer interval of high-grade gold mineralization.
Historic diamond drill hole R-07-09, sampled at the beginning of the 2020 field season as part of the Company’s analysis of historic drill core returned a newly reported interval of 1.72 g/t Au, 2.59 g/t Ag, and 0.10% Cu over 156.12m starting at 6.86m depth, including 3.03 g/t Au, 4.57 g/t Ag, and 0.17% Cu over 86.29m (see Table 1).
Diamond drill hole R-07-09 is a vertical drill hole in the NW Zone located:
- 25m south of previously reported R-08-07; another historic drill hole sampled as part of the historic sampling campaign which returned 144.00m of 3.18 g/t Au, including 0.44m of 753 g/t Au, 462 g/t Ag, and 0.69% Cu (see Enduro July 28th, 2020).
- 150m southwest of previously reported NW19-12 (drilled in 2019) which intersected 44.13m of 4.03 g/t Au and 0.29% Cu within 188.00m of 1.10g/t Au, 1.15 g/t Ag, and 0.09% Cu starting at 67.0m depth (see Enduro July 28th, 2020).
- 300m southwest of recently reported NW20-09 which intersected 10.03 g/t Au, and 0.36% Cu over 28.34m starting at 144.12m depth (see Enduro October 21st, 2020), including 8.85m of 31.09 g/t Au, and 1.07% Cu and 225.30 g/t Au, and 4.90% Cu over 0.59m.
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