Precious Metals

Endurance Gold Corporation (TSXV: EDG) (OTCBB: ENDGF) has released initial assay results from its reverse circulation drill program at its Reliance Gold Property in southern British Columbia. With year-round road access, the Reliance Gold Property is located 4 kilometres east of the village of Gold Bridge and 10 kilometres north of the historic Bralorne-Pioneer Gold Mining Camp which has produced more than 4 million ounces of gold.

For more information, please view the InvestmentPitch Media "video" which provides additional information about this news and the company, along with some comments from Robert Boyd, President and CEO of Endurance. If this link is not enabled, please visit and enter "Endurance" in the search box.

The planned 35-hole RC drill program is now complete. Gold assay results from the first 5 holes have identified a new high-grade gold discovery at the Diplomat Zone and have also demonstrated that the Treasure Shear is a gold mineralized structure. Both discoveries significantly open up new exploration potential on the property.

The Diplomat Zone, located 170 metres northwest of the Imperial Zone and 625 metres northwest of the Eagle Zone, is situated in the footwall of the Royal Shear. Its potential was initially identified in the Company's 2020 geological mapping and soil sampling program.

The Treasure Prospect is located 465 metres northwest of the Imperial Zone and 875 metres northwest of the Eagle Zone where a portion of the Treasure Shear is exposed in a road-cut. The Treasure Shear, a northeast southwest trending geographic linear feature located parallel to and about 300 metres east of the Royal Shear, is interpreted as the footwall bounding structure for the Royal Shear complex, a deep-seated regional structure.

Nine holes have been completed at Diplomat with results received on 5 RC Holes. Highlight gold assay results from hole RC21-024 include 16.39 grams per tonne gold over 4.57 metres commencing at 71.63 metres down-hole associated with a quartz, pyrite and arsenopyrite vein stockwork zone. Other intersections at Diplomat include 2.64 grams per tonne gold over 9.14 metres starting at just 1.52 metres below surface, 2.56 grams per tonne gold over 7.62 metres, starting at 6.10 metres, 2.62 grams per tonne gold over 6.10 metres starting at 51.82 metres, and 6.34 grams per tonne gold over 1.52 metres from 38.10 metres in RC21-024, which also hosts the high-grade gold intersection. True widths are estimated to be approximately 80% of the reported drill intersections.

Three RC holes tested the Treasure Prospect with gold results reported on the first hole, RC21-021, which intersected 1.6 grams per tonne gold over 6.1 metres starting at 35.05 metres downhole. This intersection confirms that the Treasure Shear has potential to host wide zones elevated in gold similar to the Royal Shear and provides largely untested strike potential of an estimated 2 kilometres.

Portable X-Ray Fluorescence of the RC reference samples identified significantly enriched arsenic in 22 of the 35 RC drill holes completed. Although arsenic-enriched zones have been previously identified on the Treasure Prospect, the Diplomat Zone, and in step out drilling at the Eagle Zone, this is the first identification of elevated arsenic at the Crown Zone, located between the Eagle and Imperial Zones and an additional RC hole completed recently at the Imperial Zone. For more details on the widest and strongest arsenic mineralized intervals identified please refer to day's news release.

Some of the proposed RC holes have been deferred to a diamond drilling campaign later in the season due to water inflow problems which may impact RC sample quality and the presence of intrusive dykes which will need to be better constrained with diamond drilling.

A total of 758 RC samples from 29 remaining holes have been submitted for gold assay and multi-element ICP analysis, with the results reported when received.

The company has a number of other highly prospective North American mineral properties which management considers have the potential to develop world-class deposits.

For more information, please visit the company's website,, contact Robert T. Boyd, President and CEO, at 604-682-2707 or by email at

About InvestmentPitch Media

Investmentpitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

InvestmentPitch Media
Barry Morgan, CFO

To view the source version of this press release, please visit

News Provided by Newsfile via QuoteMedia

NOVAGOLD Reports Second Quarter 2022 Financial Results

Donlin Gold's Largest Drill Program in Over 10 Years Advancing in Preparation for Feasibility Work

Strong Treasury of $142 Million in Cash and Term Deposits; $25 Million of Receivables in 2023

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less



Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that it has been named to the Corporate Knights' 2022 list of the Best 50 Corporate Citizens in Canada .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Yamana Gold Provides Notice of Second Quarter 2022 Results

YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) ("Yamana" or "the Company") will release its second quarter 2022 operational and financial results after the market closes on Thursday, July 28, 2022, Eastern Daylight Time ("EDT"). The Company will then host a conference call and webcast to review the results on Friday, July 29, 2022 at 9:00 a.m. EDT.

The Company also plans to provide a pre-release of production for the second quarter with a further update on certain optimizations and project advancements on or around Thursday, July 7, 2022.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
gold coins and us money

VIDEO — Will Rhind: Upside Favors Gold; Strong US Dollar Checking Gains for Now

Will Rhind: Upside Favors Gold; Strong US Dollar Checking Gains for

Strength in the US dollar is keeping the gold price in check right now, but that won't last forever.

Speaking to the Investing News Network, Will Rhind, CEO of GraniteShares, said the yellow metal is in a good position given market conditions and looks set to strengthen moving forward.

"(Gold has) really managed to shrug off a lot of the negatives around rising rates and a strong dollar, and I think people have got to ask themselves, 'How much more can the dollar strengthen from here? ... Realistically is there more upside for the dollar here, or for gold?' I think clearly I'm in the camp of favoring gold on that one," he said.

Keep reading...Show less
12 Largest Producers of Gold by Country (Updated 2022)

12 Largest Producers of Gold by Country (Updated 2022)

The gold price has tracked higher in the past few years, sparking interest in the biggest producers.

The precious metal’s price gains have come along with the uncertainty born from the global economic impact of the COVID-19 outbreak, as well as geopolitical turmoil.

These circumstances have left investors seeking safe-haven assets like gold. So far gold production levels have seemed to defy pandemic disruptions, but rising inflation is likely to push up costs for miners.

Keep reading...Show less

Latest Press Releases

Related News