Endurance Gold Stock Price, News & Analysis

Endurance Gold Corporation (OTCPink:ENDGF) has announced high-grade gold results from its 2022 drill program at the Reliance Gold Property in British Columbia. The program included 33 drill holes totaling 2,448 meters, with significant findings like 3.89 gpt gold over 30.48 meters in Hole RC22-078. Other notable intersections include 8.57 gpt gold over 10.66 meters in RC22-079 and 6.11 gpt gold over 18.29 meters in RC22-084. The company's shares are currently trading at $0.345, and they have multiple prospective mineral properties that may lead to world-class deposits.

Endurance Gold Corporation has granted 2,900,000 incentive stock options to its directors, officers, and consultants, in line with its stock option plan. After this grant, there are 9,400,000 options outstanding, accounting for approximately 7.6% of the total common shares. The new options can be exercised at a price of $0.34 per share for five years. This decision aims to incentivize and compensate key personnel, aligning their interests with those of shareholders, and ensuring the company's growth.

Endurance Gold Corporation has commenced its first phase of drilling at the Reliance Gold Property in southern British Columbia. This operation follows a successful 2020 program, which yielded impressive drill intersections, including 12.2 m of 9.70 gpt gold. The 2021 program aims to explore new bedrock sources and includes plans for 30 to 40 reverse circulation holes up to 70 m deep. The company emphasizes its commitment to engaging with local communities, including the First Nation communities.

Endurance Gold Corporation has announced its exploration plans for the Reliance Gold Property in British Columbia, commencing mid-April 2021. The fully funded program aims to extend the Eagle Zone, which has shown high-grade gold mineralization, with nine drill holes averaging 4.63 grams per tonne gold. The exploration includes a 30 to 40 hole reverse circulation drill program and a 3D Resistivity/Induced Polarization survey scheduled for May. Additional work includes biogeochemical surveys and LiDAR mapping to enhance geological understanding.

Endurance Gold Corporation has reported promising results from five reverse circulation drill holes at the Reliance Gold Property in British Columbia. The highlight includes 13.7 meters grading 3.26 gpt gold, with a higher-grade interval of 4.6 m grading 7.23 gpt near the surface. These results expand the known mineralization of the Imperial Zone and indicate further potential for resource accumulation. The historic Bralorne-Pioneer Gold Mining Camp nearby has produced around 4 million ounces of gold, underscoring significant exploration potential.

Endurance Gold Corporation (ENDGF) announced further drill assay results from the Eagle Zone at its Reliance Gold Property in British Columbia. The drill program, completed in December 2020, revealed significant gold mineralization, including 18.3 meters grading 4.04 gpt Au. The Eagle Zone's average true width is now estimated at 16 meters with a weighted average grade of 4.63 gpt Au. The results indicate strong potential for expansion along a 400-meter geochemical anomaly, with additional assays from other zones expected shortly.

Endurance Gold Corporation announced a non-brokered private placement to raise up to $2,000,000 through the sale of up to 6.452 million units at $0.31 each. Each unit includes one common share and one-half purchase warrant, with an exercise price of $0.50 for two years. The funds will support exploration and corporate purposes. Certain directors and officers will participate in the placement. The company has engaged Agentis Capital Mining Partners for advisory services. The offering is subject to Exchange acceptance and regulations.

Endurance Gold Corporation has announced new assay results from two reverse circulation drill holes at its Reliance Gold Property in British Columbia. Drill hole RC20-013 intersected 15.2 m grading 3.53 gpt gold, while RC20-009 returned 4.6 m grading 5.60 gpt gold. The average true width of the Eagle Zone is estimated at 14.6 m with a weighted average grade of 5.07 gpt gold. The results suggest potential for further expansion of gold mineralization. Eleven additional drill hole results are pending, expected through March 2021.

Endurance Gold Corporation has reported significant findings from a biogeochemical survey at its Reliance Gold Property in British Columbia. The survey revealed a 400 m extension of the Eagle Zone anomaly, with peak drilling results of 9.7 gpt Au over 12.2 m. The Royal Shear Anomaly has expanded to approximately 2,000 m in length, identifying priority targets including Upper Eagle and Crown-Merit. Additional anomalies, including the Treasure Shear and Carter, were also noted. The company plans further evaluations and drilling for 2021.