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Endurance Gold (TSXV:EDG) announced the discovery of new nepheline syenite hosted rare earth and niobium prospects.
Endurance Gold (TSXV:EDG) announced the discovery of new nepheline syenite hosted rare earth and niobium prospects.
As quoted in the press release:
The mineralized prospects in syenite discovered in 2012 are distributed over a 2 square kilometer area that is largely underlain by the Proterozoic-aged Pool Creek nepheline syenite which has been hematite altered and sodium metasomatized. The area of mineralized prospects is largely tree and overburden covered with poor outcrop exposure. The coincidence of soil anomalies, concentrations of altered syenite boulders, and low frequency of non-syenite boulders are interpreted to suggest a local derivation for the encouraging rock samples.
Endurance Gold’s President and CEO, Robert T. Boyd, said:
The results from the 2012 Bandito prospecting and rock sampling program have discovered additional intrusive hosted rare earth and niobium mineralization that indicate potential for discovery of a syenite-hosted rare earth-niobium-tantalum mineralizing system analogous to the Nechalacho and Strange Lake deposits
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