Endurance Summarizes Antimony Results from the Reliance Gold Project, BC - Best Intervals include 19.2% Antimony and 2.16 GPT Au Over 0.5 m in 2024 Drilling

Date/time : 2025-02-24 06:10 AM
Symbol :

EDG

Company : Endurance Gold Corporation
Price : 0.140
Market cap : 24,247,446
O/S : 173,196,042
Exchange :

TSXV

Industry :

Gold

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Endurance Summarizes Antimony Results from the Reliance Gold Project, BC - Best Intervals include 19.2% Antimony and 2.16 GPT Au Over 0.5 m in 2024 Drilling

Vancouver, British Columbia--(Newsfile Corp. - February 24, 2025) - Endurance Gold Corporation (TSXV: EDG ) (OTC Pink: ENDGF) (FSE: 3EG) (the "Company") is pleased to report antimony results from the Company's 100%-owned Reliance Gold Project in B.C. The Company has been actively exploring at Reliance since 2020 and has completed 108 diamond drill holes ("DDH"), 84 reverse circulation holes ("RC"), and 24 roadcut channel samples. The ongoing exploration work has resulted in the collection of 10,040 samples that have been analyzed for gold and antimony.

Previously reported assay results were primarily gold-only assay composites. With the recent interest in Canada's strategic mineral endowment and in particular antimony, the Company will henceforth commence reporting both gold and antimony results. As such, assay composites have been re-calculated for all drilling and channel samples completed to date. A total of 199 gold assay composites were re-calculated to include antimony results from the 108 DDH, 84 RC, and 24 roadcut channels completed by the Company which has resulted in a composite average sampled length of 10.1 metres ("m") and weighted average grade of 4.55 grams per tonne ("gpt") gold, 0.20% antimony, and 4.97 gpt AuEQ. Select highlights from twelve (12) composites are summarized below in Table 1:

Table 1 - Reliance - Selected Highlight Assay Composites with Antimony (2020 to 2024)
Hole / Roadcut IDFrom
(m)
To
(m)
Length (m)Au
(gpt)
Antimony %AuEQ
(gpt)
Type
2020 Eagle161.3101.840.54.980.546.14Surface Channels
2022 EG07-0134.042.08.06.351.499.57Surface Channels
DDH21-0030.817.817.04.870.515.96DDH
DDH21-02033.358.124.815.700.4516.66DDH
DDH22-03635.448.112.77.650.488.69DDH
DDH23-0769.322.012.78.520.399.36DDH
DDH24-091370.5371.00.52.1619.2043.50DDH
DDH24-1047.021.014.06.510.357.26DDH
RC20-0140.018.318.34.460.545.63RC
RC20-0150.016.816.87.390.468.37RC
RC21-03719.844.224.44.880.365.66RC
RC22-06244.282.338.15.400.265.95RC
Composites are reported over a drill length with a 1.0 gpt gold-equivalent ("AuEQ") cut-off.
AuEQ calculated using commodity prices of US$2,600/oz Au and US$18,000/tonne antimony.

 

A breakdown of the average composite grades by sample type can be found in the following Table 2.

Table 2 - Reliance - Summary of Assay Composites with Antimony by Sample Type (2020 to 2024)
Description# Holes /
Roadcuts
# of Assay CompositesAverage
Composite
Length (m)
Average Au
(gpt)
Average Sb
(%)
Average
AuEQ (gpt)
DDH10812510.14.430.174.79
RC845410.44.670.225.13
Channels24209.24.970.315.63
Total21619910.14.550.204.97

 

A complete list of the 199 re-calculated assay composites can be found in Table 3 appended to this release and available on the Company's website.

At the Reliance Gold Project, all observations and studies to date indicate antimony occurs as stibnite in association with elevated gold. Stibnite is often observed as milled clasts within gold-rich cataclastite breccias, and as bands and overgrowths associated with cockade and coxcomb quartz-ankerite veining. Figure 1 below is an example of a stibnite-rich vein intersected in DDH24-091 which assayed 2.16 gpt gold and 19.2% antimony over 0.5 m commencing at 370.5 m downhole.

To date, the strongest and most consistent concentrations of antimony are found near surface in roadcuts and shallow drilling at the north end of the Eagle Zone where stibnite-rich veins were discovered in the original 'Eagle 1' roadcut.

Eagle 1 was channel sampled in 2020 and the assay composite was reported as 31.4 m grading 5.88 gpt gold and 0.64% antimony (7.26 gpt AuEQ) using a 1.0 gpt gold cutoff (reported October 26, 2020). Utilizing a 1.0 gpt gold-equivalent cutoff, this channel sample assay composite is now expanded to 40.5 m grading 4.98 gpt gold and 0.54% antimony (6.14 gpt AuEQ). The larger composite length can be attributed to the inclusion of antimony when calculating cutoff grades.

To date the deepest drill hole intersections at the Imperial, Crown and Eagle zones continue to show antimony (as stibnite) hosted in cataclastite, as cockade and coxcomb quartz-ankerite vein structures and crackle-breccia infill.

Other known antimony occurrences of stibnite mineralization have been discovered at the Enigma Showing approximately 4 km northeast of the Eagle Zone. Prospecting and sampling by Company geologists identified a 75-m wide shear zone at the Enigma Showing where grab samples returned assays up to 9.66 gpt gold and 11.9% antimony. Here the antimony occurs as coarse-grained bladed stibnite crystals associated with quartz-ankerite veins in wide zones of brecciated iron carbonate altered volcanic rocks (reported January 3, 2023). The Enigma Showing has not been drill tested and the Company is progressing towards a drill permit application of this area.

Antimony as a Strategic Mineral

Antimony appears on almost every critical minerals risk list published by western countries due to its rarity, versatile applications in defense, semiconductors, and solar panels. In 2024, antimony prices experienced a notable surge, driven by shifting global supply and demand dynamics largely driven by the imposition of export restrictions by China, the world's largest producer of antimony.

Endurance Gold Corporation is a company focused on the acquisition, exploration and development of highly prospective North American mineral properties.

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

The work program is supervised by Darren O'Brien, P.Geo., Vice President Exploration of the Company and the qualified person as defined in National Instrument 43-101. Mr. O'Brien has reviewed and approved this news release. 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.

Endurance Gold monitors QA/QC by inserting blanks, certified standards and pulp duplicates into the sample stream. All drill core, RC, and channel samples were submitted to ALS Global in North Vancouver, BC, an ISO/IEC 17025:2017 accredited laboratory, where they were crushed to 70% <2 mm then up to 250 gram pulverized to <75 microns. Samples were then submitted for four-acid digestion and analyzed for 48 element ICP-MS (ME-MS61) and gold 30g FA ICP-AES finish (AU-ICP21). Over limit samples returning greater than 10 parts per million ("ppm") gold were re-analyzed by Au-GRA21 methodology and overlimit antimony returning greater than 10,000 ppm Sb were re-analyzed by Sb-AA08 methodology. Samples with Visible Gold were re-analysed by metallics screening method Au-SCR21 which incorporates a 1 kg pulp screened to 100 microns and includes assaying of the entire oversize fraction.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4976/241990_3305191654566b4a_002.jpg

Figure 1 - Stibnite Vein Textures from DDH24-091 (2.16 gpt Au and 19.2% Sb over 0.5 m - NQ Core

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4976/241990_3305191654566b4a_002full.jpg

Table 1 - Reliance - Selected Highlight Assay Composites (2020 to 2024)
Hole / Roadcut IDFrom
(m)
To
(m)
Length
(m)
Au
(gpt)
Antimony
%
AuEQ
(gpt)
Type
2020 Eagle161.3101.840.54.980.546.14Surface Channels
2022 EG07-0134.042.08.06.351.499.57Surface Channels
DDH21-0030.817.817.04.870.515.96DDH
DDH21-02033.358.124.815.700.4516.66DDH
DDH22-03635.448.112.77.650.488.69DDH
DDH23-0769.322.012.78.520.399.36DDH
DDH24-091370.5371.00.52.1619.2043.50DDH
DDH24-1047.021.014.06.510.357.26DDH
RC20-0140.018.318.34.460.545.63RC
RC20-0150.016.816.87.390.468.37RC
RC21-03719.844.224.44.880.365.66RC
RC22-06244.282.338.15.400.265.95RC
Composites are reported over a drill length with a 1.0 gpt gold-equivalent ("AuEQ") cut-off.
AuEQ calculated using commodity prices of US$2600/oz Au and US$18,000/tonne antimony.

 

Table 2 - Reliance - Summary of Assay Composites by Sample Type (2020 to 2024)
Description# Holes /
Roadcuts
# of Assay CompositesAverage
Composite
Length (m)
Average Au
(gpt)
Average Sb
(%)
Average
AuEQ (gpt)
DDH10812510.14.430.174.79
RC845410.44.670.225.13
Channels24209.24.970.315.63
Total21619910.14.550.204.97

 

Table 3 - 2020-2024 Reliance Assay Composites with Gold, Antimony and Gold-Equivalent Results
Hole IDFrom
(m)
To
(m)
Length
(m)
Au
(gpt)
Antimony
(%)
AuEQ
(gpt)
Type
CH_AA-BB5.812.56.73.140.514.24Channel
CH_CC-DD25.629.33.72.690.032.75Channel
CH_Eagle035.440.85.55.630.115.87Channel
CH_Eagle048.253.04.96.350.727.90Channel
CH_Eagle1 (2020)61.3101.840.54.980.546.14Channel
CH_Eagle25.511.05.52.530.092.72Channel
CH_Eagle361.985.323.54.900.225.37Channel
CH_Eagle South7.921.313.46.820.066.94Channel
CH_EG04-0126.038.012.01.500.011.53Channel
CH_EG04-0214.020.06.04.490.064.61Channel
CH_EG05-0116.022.06.02.310.012.33Channel
CH_EG05-0132.036.04.02.750.012.77Channel
CH_EG05-0223.035.012.07.680.188.06Channel
CH_EG07-01 (2022)34.042.08.06.351.499.57Channel
CH_EG08-0116.022.06.07.820.047.91Channel
CH_EG08-0150.056.06.02.150.022.20Channel
CH_EG08-0198.0106.08.03.980.725.52Channel
CH_FT40.00.70.722.200.0322.26Channel
CH_GR11.54.73.213.190.0013.20Channel
CH_LB11.810.48.54.430.014.45Channel
DDH21-0030.817.817.04.870.515.96DDH
DDH21-0041.020.019.04.440.244.96DDH
DDH21-00514.329.114.82.390.042.47DDH
DDH21-00625.650.024.48.620.078.76DDH
DDH21-00753.161.88.73.470.444.41DDH
DDH21-008153.6163.910.32.080.012.10DDH
DDH21-009161.0194.033.06.520.257.07DDH
DDH21-011208.1250.342.21.780.182.17DDH
DDH21-01494.0100.46.43.710.364.49DDH
DDH21-01647.962.114.21.380.101.60DDH
DDH21-01754.464.09.62.170.022.21DDH
DDH21-01812.715.12.414.461.2117.06DDH
DDH21-01914.420.05.65.110.065.24DDH
DDH21-02033.358.124.815.700.4516.66DDH
DDH21-0219.024.015.01.900.031.97DDH
DDH21-021115.4121.05.65.710.226.19DDH
DDH21-02254.657.52.98.680.239.17DDH
DDH21-02284.995.911.04.630.265.19DDH
DDH21-022110.9115.14.23.370.023.42DDH
DDH22-02351.060.09.03.860.084.04DDH
DDH22-02393.3102.99.63.090.013.12DDH
DDH22-023202.5204.11.69.570.4910.63DDH
DDH22-02427.046.519.55.420.015.45DDH
DDH22-024135.5145.510.03.430.043.52DDH
DDH22-025194.8202.07.23.940.815.70DDH
DDH22-02680.493.913.58.060.138.34DDH
DDH22-026149.8159.69.81.390.001.40DDH
DDH22-02754.664.710.13.500.013.52DDH
DDH22-027111.2139.228.04.390.024.45DDH
DDH22-027150.2154.54.316.660.1416.95DDH
DDH22-027267.1273.96.90.880.291.49DDH
DDH22-02897.0105.28.35.190.285.79DDH
DDH22-028113.1128.615.52.470.052.59DDH
DDH22-02928.543.715.22.130.092.33DDH
DDH22-03051.263.712.54.800.245.32DDH
DDH22-03111.833.822.02.480.122.75DDH
DDH22-03149.875.826.02.150.022.19DDH
DDH22-031124.9136.811.97.580.067.70DDH
DDH22-033135.6141.96.35.130.275.72DDH
DDH22-03543.958.414.51.990.022.03DDH
DDH22-03635.448.112.77.650.488.69DDH
DDH22-03655.664.48.97.550.258.08DDH
DDH22-03770.380.710.52.910.032.97DDH
DDH22-03793.0101.08.01.950.112.18DDH
DDH22-037258.0262.04.02.880.022.92DDH
DDH22-037272.0277.75.74.030.024.07DDH
DDH22-03880.389.69.43.740.013.77DDH
DDH22-03943.555.712.21.650.021.70DDH
DDH22-04028.041.013.10.650.271.23DDH
DDH22-04085.688.22.68.851.7612.65DDH
DDH22-041156.0158.62.62.730.604.02DDH
DDH22-042174.4178.74.47.350.448.29DDH
DDH22-04491.7101.810.15.840.015.87DDH
DDH22-044191.0195.04.03.520.013.54DDH
DDH22-04535.146.711.67.310.077.47DDH
DDH22-045111.0132.221.21.590.101.80DDH
DDH22-045144.4152.78.32.700.042.79DDH
DDH22-04634.537.53.05.030.105.24DDH
DDH22-05549.559.39.85.000.025.05DDH
DDH22-05678.081.73.716.990.7618.62DDH
DDH22-05832.164.032.03.150.033.21DDH
DDH22-05872.085.613.65.610.025.65DDH
DDH22-05894.8109.014.311.810.0611.93DDH
DDH22-058117.2129.011.81.040.031.09DDH
DDH22-058141.6171.930.41.980.052.10DDH
DDH22-059174.9186.111.31.510.041.59DDH
DDH22-059203.6208.65.03.630.013.65DDH
DDH23-062168.1176.48.22.740.193.15DDH
DDH23-065212.8222.09.38.980.359.73DDH
DDH23-066306.5326.419.94.840.115.08DDH
DDH23-066384.7387.02.34.860.205.29DDH
DDH23-067135.1146.011.01.590.011.60DDH
DDH23-067190.7201.911.23.000.143.30DDH
DDH23-069149.7159.69.91.580.091.78DDH
DDH23-069168.6171.42.815.680.1215.93DDH
DDH23-069235.5239.64.15.040.556.22DDH
DDH23-070194.0200.96.91.790.041.88DDH
DDH23-070250.6259.89.23.930.023.97DDH
DDH23-071211.2217.36.22.390.012.42DDH
DDH23-072109.3119.810.52.120.102.34DDH
DDH23-072143.9151.57.67.870.037.94DDH
DDH23-072167.5177.510.01.480.021.53DDH
DDH23-07391.095.04.03.170.013.19DDH
DDH23-073204.7212.88.21.920.021.97DDH
DDH23-074255.9258.12.24.700.014.72DDH
DDH23-0769.322.012.78.520.399.36DDH
DDH23-07628.832.33.66.490.056.59DDH
DDH23-07654.455.20.810.002.9116.27DDH
DDH23-07745.649.03.43.650.013.67DDH
DDH23-07841.142.51.48.050.038.11DDH
DDH23-078110.0126.616.61.790.031.86DDH
DDH23-078190.7200.09.43.810.043.90DDH
DDH23-07917.318.10.811.601.5414.92DDH
DDH23-08016.116.80.714.003.7422.05DDH
DDH23-081212.0226.514.51.700.011.71DDH
DDH23-081236.3243.77.57.930.118.16DDH
DDH23-082216.0232.016.03.610.123.86DDH
DDH23-082241.7248.06.35.150.115.40DDH
DDH24-083266.7278.812.12.190.352.95DDH
DDH24-084169.9172.52.66.470.026.52DDH
DDH24-084203.5207.64.15.410.446.35DDH
DDH24-085242.5254.812.31.940.011.97DDH
DDH24-086297.7302.04.36.801.8810.84DDH
DDH24-087205.3209.64.33.260.063.38DDH
DDH24-088213.3218.04.72.980.013.00DDH
DDH24-089207.2208.51.314.600.0614.73DDH
DDH24-090269.1272.83.74.210.034.28DDH
DDH24-091267.3270.33.05.910.446.85DDH
DDH24-091370.5371.00.52.1619.2043.50DDH
DDH24-093159.9161.92.074.290.0874.46DDH
DDH24-09524.531.67.14.310.224.78DDH
DDH24-09575.883.37.54.150.695.64DDH
DDH24-09819.026.87.86.200.517.29DDH
DDH24-09863.378.114.84.900.285.51DDH
DDH24-1009.931.521.65.150.285.75DDH
DDH24-10111.644.032.42.330.122.59DDH
DDH24-103273.2278.95.77.610.759.22DDH
DDH24-103341.5341.80.349.100.0049.11DDH
DDH24-1047.021.014.06.510.357.26DDH
DDH24-10444.047.03.05.320.015.34DDH
DDH24-106386.9393.66.73.510.023.54DDH
DDH24-106462.7466.23.54.760.325.45DDH
DDH24-106564.6569.65.01.970.022.01DDH
DDH24-106608.3623.615.34.470.054.57DDH
DDH24-10793.0105.312.31.060.141.37DDH
RC20-00115.221.36.12.850.073.00RC
RC20-00630.544.213.73.260.083.43RC
RC20-0076.19.13.05.680.015.69RC
RC20-0080.09.19.11.410.011.43RC
RC20-0091.56.14.65.600.246.11RC
RC20-0101.519.818.34.040.274.61RC
RC20-0111.56.14.65.241.819.14RC
RC20-01112.218.36.18.810.7810.49RC
RC20-0120.06.16.12.120.402.97RC
RC20-01310.725.915.23.530.113.75RC
RC20-0140.018.318.34.460.545.63RC
RC20-0150.016.816.87.390.468.37RC
RC20-0167.621.313.76.200.397.04RC
RC20-0170.06.16.14.580.806.30RC
RC20-01716.825.99.24.590.044.67RC
RC21-02438.139.61.56.340.377.14RC
RC21-02471.676.24.616.400.0016.41RC
RC21-0251.510.79.22.640.032.71RC
RC21-0276.113.77.62.560.022.60RC
RC21-02851.857.96.12.620.012.64RC
RC21-03247.248.81.510.050.8811.94RC
RC21-03416.827.410.74.200.084.37RC
RC21-03456.459.43.16.780.377.57RC
RC21-0350.04.64.64.770.646.15RC
RC21-0379.112.23.14.280.705.78RC
RC21-03719.844.224.44.880.365.66RC
RC21-03845.761.015.214.080.2314.58RC
RC21-0399.135.125.92.440.182.83RC
RC21-03941.242.71.57.030.949.05RC
RC21-04012.235.122.95.570.145.86RC
RC21-04139.642.73.18.950.279.53RC
RC21-04154.959.44.64.210.084.38RC
RC21-04233.541.27.62.150.012.17RC
RC21-04841.251.810.71.340.382.15RC
RC21-04910.712.21.58.660.329.34RC
RC21-05035.145.710.71.100.011.11RC
RC21-0510.03.13.13.390.153.70RC
RC22-06138.141.23.19.680.039.75RC
RC22-06157.961.03.16.920.067.06RC
RC22-06244.282.338.15.400.265.95RC
RC22-06427.448.821.33.850.023.89RC
RC22-06494.5102.17.63.580.023.62RC
RC22-06767.194.527.43.420.103.64RC
RC22-06851.854.93.03.970.024.02RC
RC22-06865.574.79.21.940.062.06RC
RC22-06925.938.112.21.850.192.26RC
RC22-07029.039.610.75.690.496.74RC
RC22-07153.359.46.12.790.203.22RC
RC22-07318.325.97.64.840.034.90RC
RC22-07730.542.712.23.650.153.97RC
RC22-07832.062.530.53.890.074.05RC
RC22-07929.039.610.78.570.279.15RC
RC22-08415.221.36.13.400.013.43RC
RC22-08439.657.918.36.100.076.25RC
The gold equivalent calculation formula is: AuEq(g/t) = (Au grade x Au price x Au recov / 31.1035) + (Sb grade x Sb price x Sb recov / 100)) / (Au price x Au recov / 31.1035) - Commodity prices used were US$2,600/oz gold and US$18,000/tonne antimony. Assume 100% recovery for calculation purposes.

 

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