Endurance Adds $1.92 Million Cash Through the Sale of Non-Core Securities
Endurance Gold (OTCQB: ENDGF) has successfully sold the majority of its junior equity portfolio holdings in three junior exploration companies for $1.92 million, significantly above the Q1 2025 fair market value of $1.004 million. The proceeds will fund ongoing drilling activities and metallurgical sampling at the Reliance gold-antimony Property in BC.
The company has completed eight diamond drill holes totaling 3,610 meters in its 2025 drilling program, with results pending for seven holes. Current drilling operations are focused on extending mineralized trends between the Imperial and Lower Crown zones.
Endurance Gold (OTCQB: ENDGF) ha venduto con successo la maggior parte delle sue partecipazioni azionarie in tre società junior di esplorazione per un totale di 1,92 milioni di dollari, superando significativamente il valore equo di mercato del primo trimestre 2025, stimato a 1,004 milioni di dollari. I proventi finanzieranno le attività di perforazione in corso e i campionamenti metallurgici presso la proprietà aurifera e di antimonio Reliance in BC.
L'azienda ha completato otto perforazioni diamantate per un totale di 3.610 metri nel suo programma di perforazione 2025, con i risultati in attesa per sette di esse. Le operazioni di perforazione attuali si concentrano sull'estensione delle tendenze mineralizzate tra le zone Imperial e Lower Crown.
Endurance Gold (OTCQB: ENDGF) ha vendido con éxito la mayoría de sus participaciones en tres empresas junior de exploración por un total de 1,92 millones de dólares, superando ampliamente el valor justo de mercado del primer trimestre de 2025, que era de 1,004 millones de dólares. Los ingresos financiarán las actividades de perforación en curso y el muestreo metalúrgico en la propiedad de oro y antimonio Reliance en BC.
La compañía ha completado ocho perforaciones diamantinas que suman 3,610 metros en su programa de perforación 2025, con resultados pendientes para siete de ellas. Las operaciones actuales de perforación se centran en extender las tendencias mineralizadas entre las zonas Imperial y Lower Crown.
Endurance Gold (OTCQB: ENDGF)는 세 개의 주니어 탐사 회사에 대한 주니어 지분 포트폴리오 대부분을 성공적으로 매각하여 192만 달러를 확보했으며, 이는 2025년 1분기 공정 시장 가치인 100.4만 달러를 크게 상회합니다. 이 자금은 BC주 Reliance 금-안티몬 광산 부지에서 진행 중인 시추 활동 및 야금 샘플링에 사용될 예정입니다.
회사는 2025년 시추 프로그램에서 총 3,610미터에 달하는 8개의 다이아몬드 시추공을 완료했으며, 7개 구멍의 결과는 아직 발표되지 않았습니다. 현재 시추 작업은 Imperial 구역과 Lower Crown 구역 사이의 광물화 경향을 확장하는 데 집중하고 있습니다.
Endurance Gold (OTCQB : ENDGF) a réussi à vendre la majorité de son portefeuille d’actions juniors dans trois sociétés d’exploration junior pour un montant de 1,92 million de dollars, bien au-dessus de la juste valeur marchande du premier trimestre 2025, estimée à 1,004 million de dollars. Les recettes financeront les activités de forage en cours et les échantillonnages métallurgiques sur la propriété aurifère et antimoine Reliance en Colombie-Britannique.
La société a complété huit trous de forage diamantés totalisant 3 610 mètres dans le cadre de son programme de forage 2025, avec les résultats en attente pour sept trous. Les opérations de forage actuelles se concentrent sur l’extension des tendances minéralisées entre les zones Imperial et Lower Crown.
Endurance Gold (OTCQB: ENDGF) hat den Großteil seines Junior-Aktienportfolios in drei Junior-Explorationsunternehmen erfolgreich für 1,92 Millionen US-Dollar verkauft, was deutlich über dem Fair Market Value von 1,004 Millionen US-Dollar im ersten Quartal 2025 liegt. Die Erlöse werden die laufenden Bohraktivitäten und metallurgischen Probenahmen auf dem Reliance Gold-Antimon-Gelände in BC finanzieren.
Das Unternehmen hat im Rahmen seines Bohrprogramms 2025 acht Diamantbohrlöcher mit insgesamt 3.610 Metern abgeschlossen, wobei die Ergebnisse von sieben Löchern noch ausstehen. Die aktuellen Bohrarbeiten konzentrieren sich darauf, mineralisierte Trends zwischen den Zonen Imperial und Lower Crown zu erweitern.
- Sale of non-core securities generated $1.92M in cash, nearly double their Q1 2025 fair market value of $1.004M
- Successful completion of 8 diamond drill holes totaling 3,610 meters in 2025 drilling program
- Active drilling program continuing between Imperial and Lower Crown zones to expand mineralization
- Results from seven of eight completed drill holes still pending and unreported
Vancouver, British Columbia--(Newsfile Corp. - July 24, 2025) - Endurance Gold Corporation (TSXV: EDG) (OTCQB: ENDGF) (FSE: 3EG) (the "Company") is pleased to announce that through a managed sale process the company has sold the majority of its junior equity portfolio that it owns in three junior exploration companies, originally acquired through the sale and joint venture of non-core exploration projects. The fair market value of these securities in the Company's 2025 first quarter financial statements was
Proceeds of the sale of these securities will be used to assist in funding the Company's ongoing drilling to enhance the mineral resource modeling, acquiring representative metallurgical samples at the Reliance gold-antimony Property located in BC and for general corporate purposes.
The 2025 diamond drilling program has eight diamond drill holes completed to date for a total of 3,610 m drilled. Results remain to be reported for the last seven completed holes, with initial assay results updates expected shortly. Drilling is active in the area between the Imperial and Lower Crown zones to extend the mineralized trends along strike and near to surface.
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.
ENDURANCE GOLD CORPORATION
Robert T. Boyd, President & CEO
FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation www.endurancegold.com
Toll Free: (877) 624 2237, info@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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259878
FAQ
How much cash did Endurance Gold (ENDGF) raise from selling its non-core securities in July 2025?
What was the fair market value of Endurance Gold's sold securities in Q1 2025?
How will Endurance Gold use the proceeds from the securities sale?
How many drill holes has Endurance Gold completed in its 2025 diamond drilling program?
Where is Endurance Gold currently conducting its drilling operations?
