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Endurance Gold Corporation

Publié le 20 novembre 2014

Endurance Provides Update ...

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Endurance Provides Update From The Pardo Joint Venture, Ontario

Endurance Gold Corporation (EDG -- TSX.V, "Endurance") announces further results from the Pardo Joint Venture Property ("Pardo JV Property"). The Pardo JV Property is comprised of 16 claims located approximately 65 kilometres ("km") northeast of Sudbury, Ontario. Ginguro Exploration Inc. ("Ginguro") is the operator of the Pardo JV Property and holds a 64.5% ownership interest and Endurance owns a 35.5% ownership interest. Both parties are funding the 2014 program on a pro rata basis, based on ownership.

The operator has reported that the 2014 Pardo JV field program is now concluded. Highlights in this release include 53.6 grams per tonne (g/t) gold over 0.7 metres in a Line 34 channel sample and 1.5 g/t gold over 0.2 metres in a drill hole with visible gold.

Channel sample results from Line 34, sampled within the Matinenda paleoplacer confirm anomalous gold and the potential for high-grade gold bearing layers. A series of five (5) trenches oriented north to south were excavated to expose the Matinenda. A total of 17 channels were systematically taken to evaluate the mineralized conglomerates. Channel highlights include: channel 77 with 53.6 g/t over 0.7 metres, channel 70 with 1.2 g/t over 4 metres, channel 66 with 1.1 g/t over 6 metres. Detailed maps of the trenches indicating channel locations can also be found on the Company's website at www.endurancegold.com.

The operator reports the high-grade assay of 53.6 g/t over 0.7 metres suggests that the Matinenda paleoplacer is prospective for hosting high grade strata. A table of the results is listed below.

Table 1: Summary of Line 34 channel sampling
Channel Length
(m)
Gold
(g/t)
PD-14-66 6 1.1
PD-14-67 0.9 0.0
PD-14-68 0.8 0.5
PD-14-69 2.5 1.1
PD-14-70 4 1.2
PD-14-71 1.5 0.2
PD-14-72 1 0.2
PD-14-73 3 0.2
PD-14-74 1 0.7
PD-14-75 1.5 0.1
PD-14-76 1.5 0.2
PD-14-77 0.7 53.6
PD-14-78 1.5 0.6
PD-14-79 3 0.4
PD-14-80 0.8 0.3
PD-14-81 0.9 0.2
PD-14-82 5 0.1


Due to the near flat lying nature of the sedimentary strata, it is not always possible to cut samples across the gold-bearing strata. Samples are usually collected either parallel or perpendicular to the interpreted paleochannel direction. Therefore, the channel lengths reported in this release represent the gold distribution over the surface area sampled and do not represent true thicknesses of the mineralized unit.

Two diamond drill holes from the 2014 program tested the eastern extension of the Godzilla Zone. Drill holes PD-14-20 and 21 located about 200 metres east of Godzilla tested the gold bearing Mississagi conglomerates discovered at the Godzilla Zone and intersected a 1.2 to 3 metre flat lying conglomerate package at depth from 4 to 36 metres. Visible gold was detected in PD-14-21 at a depth of 34.93 metres. The other core half was sent for assay and returned a value of 1.5 g/t gold over 0.2 metres.

Table 2: Highlights of drill hole assays
Drill Hole From
(m)
To
(m)
Interval
(m)
Gold
(g/t)
PD-14-20 4.3 4.6 0.3 3.2
PD-14-20 9.9 11.7 1.8 0.5
PD-14-20 32.5 35.5 3 0.9
PD-14-21 20.5 20.8 0.3 2.3
PD-14-21 34.8 36.0 1.2 1.0
Note: Intervals reported approximate true widths of mineralization.


In the preparation of this news release, Endurance has relied on data collected and compiled by the operator of exploration programs, and summarized to the Company for this release. Robert T. Boyd, P.Geo. is a qualified person as defined in National Instrument 43-101 and supervised the compilation of the technical information provided by the operator and forming the basis for this release. There has been insufficient exploration to define a mineral resource on the Pardo JV Property to date, and it is uncertain if further exploration will result in the target being delineated as a mineral resource. The operator reports that Pardo JV samples are transported in security sealed bags for preparation at AGAT Prep Lab located in Sudbury, Ontario. Prepped samples are shipped for analysis to the AGAT Assay Laboratory in Mississauga, Ontario. AGAT Laboratories Ltd. is an ISO 17025 registered laboratory. The new samples reported in this release were crushed in their entirety, with a 1 kg split then pulverized. Two 50 g aliquots of the pulp were cut out and fire assayed. Results were reported as a weighted average of gold in the fractions. In instances where the averages exceed 10 g/t, the sample is re-run with a gravimetric finish and the gravimetric result is reported. The operator inserts a certified reference standard or an analytical blank in every batch of 20 samples. The operator reports that validation parameters are established in the database to ensure quality control.

About Endurance

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, for projects operated by Endurance, 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 Elephant Gold Property in Alaska, the Rattlesnake Hills Gold Property in Wyoming, and the Bandito Rare Earth-Niobium Property in the Yukon. Please visit www.endurancegold.com.

ENDURANCE GOLD CORPORATION

Robert T. Boyd
Per: __________________
        President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, [email protected]
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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Endurance Gold Corporation

EXPLORATEUR
CODE : EDG.V
ISIN : CA29267M1086
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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$ (10,9 millions US$, 10,0 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.

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Financements de Endurance Gold Corporation
23/07/2016Closes First Tranche of Private Placement
27/02/2014Close First Tranche of Private Placement
18/02/2014Announces Private Placement of $300,000
11/07/2013Closes Private Placement of $500,000
12/06/2013Announces Private Placement Of $500,000
25/05/2012Closes Private Placement Of $500,000
11/05/2012Announces Private Placement Financing
10/08/2011Closes Private Placement Of $350,000
02/08/2011Increases Private Placement
25/07/2011Announces Private Placement of $250,000
18/02/2011Announces Private Placement of $540,000
31/03/2010Shareholders Exercise 95 Percent Of Expiring Warrants
Nominations de Endurance Gold Corporation
29/04/2011Robert Pease Appointed To Board Of Directors
11/10/2007 Appoints Robert Boyd to Board of Directors
Rapports Financiers de Endurance Gold Corporation
22/08/2007Reports 2007 Second Quarter Financial Results and Summary of...
Projets de Endurance Gold Corporation
21/11/2013Completes 2013 Rattlesnake Hills Exploration Program in Wyom...
28/10/2013(Pardo)Responds To Arbitration Notice Respecting The Pardo Joint V...
24/09/2013(Pardo)Final Gold Assays At 007 And Eastern Reef Zones Pardo Gold J...
03/09/2013Initiates 2013 Rattlesnake Hills Exploration Program, Wyomin...
10/04/2013Significantly Expands Rattlesnake Hills Gold District Proper...
04/04/2013Partner Proceeds with McCord Creek Gold Property Option, Ala...
21/01/2013(Bandito)to Acquire 100% Interest in the Bandito Heavy Rare Earth Nio...
11/09/2012(Pardo)Drilling Commences on Pardo Gold Joint Venture, Ontario
01/08/2012Doubles Size of McCord Creek Gold Property, Alaska
02/05/2012Identifies Partner To Fund The McCord Creek Gold Property, L...
25/04/2012Soil Anomalies Discovered on the McCord Creek Property, Live...
29/03/2012(Pardo)Enters Into Joint Venture On Pardo Gold, Ontario
27/02/2012Expands Land Position on Elephant Gold Prospect, Alaska
19/09/2011(Bandito)Drilling Commenced on the Bandito Property
08/09/2011(Bandito)Copper, Rare Earth and Niobium Prospects Discovered Bandito ...
17/08/2011Exploration Commenced on the Mccord Creek Gold Property, Liv...
25/07/2011(Bandito)Exploration Commenced On The Bandito Rare Earth And Nickel P...
03/03/2011(Bandito)Additional Staking Further Increases Size of the Bandito Pro...
24/08/2010(Dogpaw Lake)New High Grade Gold Zone Discovered on Dogpaw Lake Joint Ven...
29/06/2010(Pardo)2010 Drilling Commenced
13/01/2010Ginguro Reports High Grade Grab Sample Results On Endurance ...
23/11/2009(Nechako)Nechako Drill Program Results
27/10/2009(Nechako)Completes Drilling on the Nechako Gold Project, B.C., and Ge...
18/08/2009(Pardo)Commences Work On Endurance Pardo Property
20/02/2008(Pardo)Pardo Cyanide Leach and Screen Fire Metallic Analytical Resu...
Communiqués de Presse de Endurance Gold Corporation
23/07/2016Endurance Closes First Tranche of Private Placement
30/06/2016Endurance Gold Announces Private Placement of $500,000
29/06/2016Endurance Announces Update On Rattlesnake Hills District, Wy...
26/05/2016Endurance Announces Grant Of Stock Options
20/10/2015Endurance Confirms No Material Change
13/10/2015Endurance Closes the Sale of Rattlesnake Hills Property, Wyo...
10/08/2015Endurance Announces Sale of Rattlesnake Hills Property, Wyom...
11/06/2015Exploration Commenced - Elephant Mountain Intrusive-Hosted G...
20/04/2015Significant Intrusive-Hosted Gold Targets Confirmed - Elepha...
07/04/2015Endurance Gold Announces Private Placement of $500,000
10/03/2015Endurance Announces Start Of Drilling - Pardo JV, Ontario
20/01/2015Endurance Announces Winter Drill Program - Pardo JV, Ontario
15/01/2015Endurance Announces Winter Drill Program - Pardo Jv, Ontario
20/11/2014Endurance Provides Update From The Pardo Joint Venture, Onta...
20/11/2014Endurance Provides Update from the Pardo Joint Venture, Onta...
30/10/2014Endurance Closes Private Placement Of $650,000
20/10/2014Endurance Provides Further Update From The Godzilla Zone, Pa...
16/10/2014Endurance Announces Re-Pricing And Increase Of Private Place...
29/09/2014Endurance Reports 25 Metres of 3.4 Grams Per Tonne Gold from...
13/01/2014Encouraging Gold Results In Intrusive - Elephant Mountain Go...
19/12/2013(Pardo)Pardo JV Operator Provides Clarifying Disclosure on Eastern ...
03/12/2013Serves Defense and Counterclaim - Arbitrator Appointed
06/09/2013(Pardo)Further Results At Eastern Reef Zone Discovery, Pardo Gold J...
29/08/2013(Pardo)Further High Grade Gold at 007 Zone Discovery, Pardo Gold Jo...
15/08/2013(Pardo)New High Grade Gold Discoveries On Pardo Gold Joint Venture,...
05/11/2012(Bandito)New "Heavy" Rare Earth And Niobium Discoveries At Bandito, Y...
27/09/2012Wide Low Grade Gold Zone Discovered on Flint Lake (Dogpaw) J...
09/01/2012Acquires Intrusive-Hosted Gold Prospect In Alaska
12/10/2011Trench Returns 2.65% Treo+Y over 6 Meters
01/06/2011(Bandito)2011 Bandito Rare Earth and Nickel Program Initiated
24/05/2011(Bandito)Bandito Rare Earth Alteration System Expanded Nine Square Ki...
11/05/2011Creates Technical Advisory Committee
17/03/2011Closes Private Placement Of $540,000
12/04/2010President and CEO Duncan McIvor Passes away
13/11/2009Granted State Leases Totaling An Additional 2,560 Acres In R...
26/06/2009Identifies Gold Mineralization On 100% Owned Gold Properties...
01/02/2008Virginia Silver Property Optionor Mega Silver Inc. Completes...
28/01/2008 Retains Renmark Financial Communications Inc.
05/11/2007 Commences Aerial Survey Of Pardo Property; Provides Turner ...
20/08/2007Completes 56 Holes at Pardo
12/07/2007Moves Drill To Pardo For 80 Hole Program
24/05/2007Stakes Additional Claims Near Pardo And Turner Properties
28/03/2007Stakes Additional 175 Claim Units Around Turner Property
28/03/2007Options Remaining Dogpaw Lake Area Claims To North American ...
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