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Re: News Release - Monday, November 23, 2009
Endurance Announces Nechako Drill Program Results
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NEWS RELEASE 09-19
As previously announced, Endurance Gold Corporation (EDG - TSX.V)
recently completed a three hole, 536 metre
Diamond drilling program on
the Nechako Gold Property. The property is located 90 kilometres west
of Quesnel, and covers an area of widespread low grade gold
mineralization drill defined by Lac Minerals in the mid to late 1980's.
The mineralization is primarily hosted in flat lying, hematitic coarse
chert bearing conglomerates of the Skeena Group.
The Endurance program was designed to test the large epithermal gold
system to significant depth. Hole NK-09-01 was drilled to 72 metres,
before being lost in badly caved ground. The hole intersected a
sequence of strongly hematized conglomerates, cut by clay altered and
pyritic quartz eye felsic dykes (or interflow rhyolite). One sample of
intensely altered conglomerate immediately above the felsic horizon
returned an intercept of 2.67 gpt over 0.5 metres. A one metre strongly
clay altered sample from within the felsic horizon returned 2.33 gpt
Au. No other significant gold values (of >500 ppb) were encountered.
Hole NK-09-01B set-up 3 metres east of Hole NK-09-01, and successfully
penetrated the difficult ground conditions to a final depth of 355
metres. Only one sample, from a pyrite carbonate filled fracture,
returned a significant gold value in excess of 0.5 gpt, with an
intercept of 0.549 gpt Au across 1.0 metres. While numerous thin
hematite bearing conglomerate horizons were intersected at depth, none
carried significantly elevated gold values.
Hole NK-09-02 was drilled in a previously untested area of widespread
hematitic conglomerate exposure with associated surface arsenic
geochemistry. The hole intersected a contiguous 67.9 metre interval of
intensely hematitic coarse chert clast conglomerate, which elsewhere on
the property had returned significant gold values. The interval,
however, contained no significantly anomalous gold mineralization at
this location.
No additional work is currently planned on the Nechako Gold Project.
The property is currently owned 69.4% by Endurance, and 30.6% by Amarc
Resources Ltd. Amarc had previously elected not to participate in the
2009 drilling program, and will be diluted accordingly on receipt of
costs for the drilling.
Duncan McIvor, P. Geo, is the Qualified Person as defined by National
Instrument 43-101, and is responsible for the content of
this news release.
ENDURANCE GOLD CORPORATION
Per:
/s/ Duncan McIvor
President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
Duncan McIvor; (604) 682-2707, dmcivor@endurancegold.com
www.endurancegold.com
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.
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Copyright (c) 2009 ENDURANCE GOLD CORPORATION (EDG) All rights
reserved. For more information visit our website at
http://www.endurancegold.com/ or send mailto:info@endurancegold.com
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