EDG: High Grade Continues at Imperial & Crown Gap Keeps Impressing
What you need to know:• EDG reported assay results from four holes at the Reliance Gold Project, including three from the Crown Gap and one from the Imperial Zone.
• The highlight hole, DDH25-117, returned 5.13 g/t Au over 19.8m, including 7.70 g/t Au over 9.2m, in the Imperial Zone.
• 12 of the 18 Crown Gap holes have now returned significant Au-Sb mineralization, confirming strong continuity along the 1.5km trend.
• The strong results continue to stack up as the Company prepares for its inaugural mineral resource estimate, planned for later this year.
This morning, Endurance Gold Corp. (EDG:TSXV) announced assay results for four additional drill holes at its 100%-owned Reliance Gold Project in B.C., including three from the Crown Gap and one from the Imperial Zone. All holes intersected gold mineralization along the Royal Shear contact, with one also testing a newly discovered mineralized ultramafic-chert contact in the footwall sequence. The highlight intercept came from DDH25-117, which returned 5.13 g/t Au over 19.8m, including 7.70 g/t Au over 9.2m, within the Imperial zone. With 12 of 18 holes drilled in the Crown Gap returning significant gold-antimony mineralization, these results continue to demonstrate the continuity of the high-grade Royal Shear system. EDG continues to make progress on its resource modelling efforts as well as prospecting, geological mapping and sampling across the property. We are maintaining our BUY rating and target price of $0.50/share on EDG.
Highlights from today’s release:
• DDH25-117: 5.13 g/t Au & 0.75% Sb over 19.8m, including 7.70 g/t Au & 1.07% Sb over 9.2m (intersected Royal Shear at 164.8m in the Imperial Zone; drilled with HQ core for metallurgical testing).
• DDH25-119: 1.89 g/t Au over 0.6 m at 71.9 m; mineralized zone largely replaced by feldspar dyke.
• DDH25-120: 1.81 g/t Au over 7.0m from near-surface mineralization, 50m up-dip of DDH25-119, marking the first shallow intercept in the Crown Zone.
• DDH25-121: 10.15 g/t Au over 1.5m from the Royal Shear, and 5.40 g/t Au over 4.8m (including 12.0 g/t Au over 1.0m) from a mineralized ultramafic-chert contact, representing a 60m step-out from DDH25-115.
The 2025 drilling program has now completed 20 holes, totalling 6,438m. Assays are pending for five holes, with the current rig targeting a 70m step-out from the Lower Crown discovery hole DDH24-103 (7.61 g/t Au over 5.7m). This hole is also designed to test deeper into the footwall volcanic package, evaluating the extension of the ultramafic-chert contact previously intersected in DDH25-115 and DDH25-121. With multiple zones now yielding consistent mineralization, the remainder of the program is expected to further outline the system’s depth potential and support resource modelling efforts underway.
Endurance Gold is engaged in the exploration and development of mineral properties in North America and has not yet determined whether its properties contain ore reserves that are economically recoverable. The recoverability of the amounts expended on mineral interests by Co. is dependent upon the existence of economically recoverable reserves, the ability of Co. to obtain necessary financing to complete exploration and development of its mineral properties and upon future profitable production or proceeds from disposition of its mineral interests.
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