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Re:   News Release - Monday, February 27, 2012
      Endurance Expands Land Position on Elephant Gold Prospect, Alaska
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1991 Placer Dome drilling - 0.514 grams per tonne gold over 99.4 meters
Endurance Gold Corporation (EDG - TSX.V, "Endurance") is pleased to
announce that additional claims have been staked and recorded to
increase the size of its Elephant Property (the "Property") to a total
of 4,960 acres (over 2,000 hectares). The Property was expanded to
encompass the most prospective portions of the late Cretaceous-aged
host intrusive and associated historic soil anomalies in the area.  The
Property is located in the Rampart-Eureka-Hot Springs placer gold
mining district near Eureka, Alaska.  The Property can be accessed by
road and trails from Eureka, a placer mining area located about 76
miles (123 kilometers) west of Fairbanks. 

A compilation of the historic exploration results summarized in this
release is available on the company's website.

As announced on January 9, 2012, the Property was explored for gold by
Placer Dome, Inc. ("PDI") between 1989 and 1992. PDI identified a
gold-arsenic soil geochemical anomaly over the intrusive that extends
for at least 6,000 feet and up to 1,500 feet wide, with peak values in
soil samples up to 1,540 parts per billion gold. During that time, PDI
completed trenching and ten (10) drill holes. The best of the PDI drill
holes returned an average grade of 0.015 ounce per ton gold (0.514
grams per tonne ("g/t") gold) over a width of 326 feet (99.4 metres).
Step out drill holes along the interpreted strike of the best PDI drill
hole are justified. In the drill holes, gold mineralization is
associated with arsenopyrite and native gold related to quartz veinlet
stock-work, in silicified, fractured and sericite altered intrusive.
The intrusive host is a multi-phase Cretaceous-aged diorite to granite
pluton that intrudes quartzite, siltstone and shale.  Subsequent to the
PDI exploration program, other companies have completed surface
prospecting and mapping, soil sampling, ground magnetics and induced
polarization geophysical surveys, and two drill holes in 2000.

A 2007 prospecting and sampling program resulted in gold values in grab
samples of quartz vein material from the intrusive including 12.98 g/t,
5.21 g/t, 3.02 g/t, 2.59 g/t and 2.18 g/t gold. These high gold values
are approximately one kilometer south of the best Placer Dome drill
hole.

"The historic results from the Elephant Mountain Property indicate
significant untested potential for discovery of volumetrically large
intrusive-hosted gold systems similar to the Fort Knox deposit in
Fairbanks, Alaska. An encouraging historic drill hole has never been
subject to step-out drilling, high gold values from surface rock
sampling remain untested by drilling, and large soil anomalies remain
open to expansion." stated Robert T. Boyd, President and CEO,
"Furthermore, the Elephant Mountain Property increases the quality of
our exploration portfolio to three intrusive-related mineral systems
with potential for discovery of major new precious or rare metals
deposits."

The Elephant Mountain area is, in part, drained by Eureka and Pioneer
Creeks. Alluvial gold was first discovered in Eureka Creek in 1898 and
both Eureka and Pioneer Creeks and their small tributaries are two of
the most significant alluvial gold bearing creeks in the Eureka-Hot
Springs gold district.

The Property is also located about 47 miles (75 kilometers) west
southwest of the pre-feasibility stage Livengood Gold Deposit. The
Elephant prospect is interpreted to be a reduced intrusion-related gold
system (RIRG) similar to the Fort Knox Mine, Ryan Lode, and True North
deposits located in the nearby Fairbanks Gold Mining district in
Alaska, as well as the Brewery Creek and Dublin Gulch deposits in the
Yukon.  All of these RIRG deposits are related to late Cretaceous-aged
intrusive events within the Tintina Gold Province of Alaska and the
Yukon, and are associated with historic placer gold mining. 

The placer gold deposits, gold-in-soil anomalies, elevated gold-in-rock
samples, and wide drill intersections in intrusive indicate that the
Property warrants a systematic exploration program of rock and soil
sampling followed by drilling to confirm historic results, expand on
those results, and identify new exploration targets.  A 2012 program is
currently in the planning stages.

Under the terms of the letter agreement with the private vendor,
Endurance can earn 100% interest in the Property by completing a total
of US$200,000 in exploration expenditures, US$200,000 in cash payments
and delivering 400,000 Endurance common shares by December 31, 2017.
The initial cash payment of US$2,000 was paid when the transaction was
accepted by the TSX Venture Exchange. The initial 25,000 share payment
and an additional cash payment of $13,000 are payable to the vendor on
finalization of a formal option agreement. The option is subject to a
2% net smelter royalty ("NSR"), and Endurance can purchase half of the
NSR at any time.

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.
The Company's exploration focus is intrusive-related mineral systems
with potential for discovery of major new precious or rare metals
deposits, and its business plan offers shareholders exposure to several
majority-owned exploration projects with significant discovery
potential such as the Bandito Rare Earth-Niobium Property in the Yukon,
the Elephant Gold Property in Alaska, and the Rattlesnake Hills Gold
Property in Wyoming. An updated corporate presentation on all of the
company's key projects is available on the Company website.

ENDURANCE GOLD CORPORATION

Robert T. Boyd

FOR FURTHER INFORMATION, PLEASE CONTACT

Endurance Gold Corporation
(604) 682-2707, info@endurancegold.com
www.endurancegold.com

Robert T. Boyd, P.Geo. is a qualified person as defined in National
Instrument 43-101 and supervised the compilation of the information
forming the basis for this release. The original technical reports and
data are presently in the process of being compiled and referenced. The
1991 Placer Dome activity preceded the implementation of NI 43-101 and
furthermore, the original data and reports have not been completely
reviewed by the Company. Therefore the data summarized in this release
should not be relied upon. Additional soil and rock sampling, and
drilling will be required to confirm the historic results reported in
this release.

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) 2012 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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