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EDG: Lays out 2025 Exploration Plans; Work Commencing in May

What you need to know:
• EDG announced plans for its 2025 exploration campaign which includes up to 7,000 of diamond drilling, amongst several other key initiatives.
• Work is expected to commence in early May, well ahead of its peers.
• The Company also announced the discovery of a new 500m long soil anomaly ~700m south of the Eagle Zone within the drill permit area.
• EDG has successfully been upgraded from the OTC Pink Market to the OTCQB where it will trade under the symbol “ENDGF”.

This morning, Endurance Gold Corp. (EDG:TSXV) announced its 2025 exploration plans at its 100% owned Reliance Gold Project. The exploration program, expected to start in early May (notably well ahead of BC peers due to its location), will consist of up to 7,000m of diamond drilling as well as many other initiatives intended to expand the known mineralization, derive new drill targets, and prepare for EDG’s inaugural resources estimate. The Company also announced a newly discovered 500m soil anomaly ~700m south of the Eagle Zone and within the current drill permit area. We highlight to readers that the Eagle Zone is host to some of the best drill results across the 108 diamond drill holes and 84 RC holes drilled on the property with many of these high-grade results starting from surface. We are maintaining our BUY rating and target price of $0.50/share on EDG.

The proposed 7,000m of diamond drilling in 2025 will have three main objectives. The first is to expand new gold zones identified during the 2024 drill campaign which includes testing the up-dip potential of the Lower Imperial Zone, testing for a potential stacked mineralized zone below Imperial, and further testing for stacked mineralized zones between the Imperial and Lower Imperial Zones. The second is further testing of two new drill discoveries, one at the Upper Crown Zone and one at the Lower Crown Zone. The third objective will include infill drilling and further expansion of high-grade mineralized zones to support the inaugural mineral resource estimate.

Highlights for 2025 Exploration Plans include:
• Up to 7,000m of diamond drilling on the Royal Shear Trend.
o Targeting extensions of 2024 discoveries at Lower Imperial, Upper Crown, and Lower Crown Zones.
o Infill drilling to support the inaugural mineral resource estimate.
• Geochemical surface sampling and prospecting for target derivation at Enigma and Olympic areas. Expand drilling activity with a new drill permit.
• Continuing geological, structural, mineralogical, and metallurgical studies.
• Updating the 3D model in anticipation for the inaugural MRE.

In 2024, reconnaissance soil sampling discovered a new 500m long anomaly ~700m south of the Eagle Zone within the current drill permit area. The discovery is significant as it may indicate an offset extension of the Royal Shear Eagle trend or possibly a new subparallel structure with surface geochemical and gold-bearing characteristics similar to the Royal Shear.