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Re: News Release - Thursday, November 12, 2009
Endurance Granted State Leases Totaling An Additional 2,560 Acres
In Rattlesnake Hills, Wyoming ; Quantec Geophysical Survey
Defines Strong Targets On Two 100% Owned Claim Blocks;
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NEWS RELEASE 09-18
Endurance Gold Corporation (EDG -- TSX.V), through its 100% owned US
subsidiary Endurance Resources Inc., is pleased to announce that it has
been granted four state leases totaling 2,560 Acres, located in the
Rattlesnake Hills area of central Wyoming. This acquisition brings
Endurance's total land position to over 3,500 acres. The State Leases
are renewable annually, on receipt by the State of proscribed rental
payments.
A map illustrating the location of the State Leases in relation to the
current Endurance land position is posted on our website, at
www.endurancegold.com, under the Natrona Project Heading.
The recently completed Controlled Source Audio-Magneto-Telluric
("CSAMT") surveys completed on the BC and TMS Claim blocks by Quantec
Geoscience USA Inc. have been interpreted, and have defined strong
resistivity lows on the margins of Tertiary aged phonolite intrusions
on those two properties. These margins are host to diatreme breccias
containing significant gold mineralization on the adjacent Evolving
Gold Rattlesnake Hills property. The resistivity low anomalies are in
sharp contrast to resistivity highs associated with the phonolitic
intrusive rocks, and the basement Precambrian metavolcanics intruded by
the phonolites, and may represent similar zones of diatreme breccia or
other structurally controlled/introduced zones of interest at the
contact between the two lithologies.
Endurance will make a decision regarding a Q2 2010 drilling program to
evaluate the targets early in the new year. Given the altitude and
location of the projects, there is no cost effective ability to drill
the properties during the winter season.
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
/s/ Duncan McIvor
Per:
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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Endurance Gold Corporation
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EXPLORATEUR |
CODE : EDG.V |
ISIN : CA29267M1086 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Endurance Gold est une société développant des projet miniers d'or basée au Canada. Ses principaux projets en exploration sont CARTER en USA et ANNIE, NATRONA, HUTTON PROJECT, PARKIN, MCCORD GOLD, PARDO, TURNER, BQ, NECHAKO, BANDITO et DOGPAW LAKE au Canada. Endurance Gold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 15,2 millions CA$ (11,2 millions US$, 10,1 millions €). La valeur de son action a atteint son plus bas niveau récent le 16 janvier 2009 à 0,01 CA$, et son plus haut niveau récent le 15 juillet 2022 à 0,57 CA$. Endurance Gold possède 101 090 000 actions en circulation. |