2020 Exploration and Drilling Update At The Golden Triangle


KELOWNA, BC - Enduro Metals Corporation reported on the ongoing 2020 exploration and drilling campaign at the Company's Newmont Lake Project, in the heart of northwestern British Columbia's Golden Triangle. Exploration Work Completed in 2020 up to September 28th includes: 3,656 meters of diamond drilling; 304 core samples sent in for assay from historic unsampled drill core; 252 rock samples sent in for assay; 784 soil samples sent in for assay; 15 meters of channel sampling; 15.9 line-km's of induced polarization (IP) geophysical survey completed; >2,500 hyperspectral recordings; 4km sq. of detailed 1:2000 geological mapping around priority target areas; and Staking and acquisition of an additional 3,811 hectares of mineral claims.

Cole Evans, President & CEO, said, "Unpredictable weather made for a dynamic start to the exploration season. Our field teams have done a tremendous job keeping the field program on schedule, and after my recent visit to the project, I am happy to report all exploration activities including diamond drilling are ongoing. Productivity has been increasing as we move deeper into the exploration season. The technical team has collected critical oriented core data for the first time in the McLymont area, enabling us to better understand controls on various gold mineralization styles and increasing confidence in our targeting strategies. Drilling will continue into October where productivity is expected to remain high with favorable weather conditions.

Longer than anticipated assay result delivery periods are posing a short-term challenge for the Company and is expected to be an industry-wide challenge resulting from the sudden exploration frenzy across Western Canada. Fortunately, Enduro has onsite state of the art elemental geochemistry and hyperspectral technologies that enhance our abilities to make same day technical decisions. Drill holes are being sent for analysis as they are completed, and we will begin providing results in batches as they become available. The Chachi Corridor continues to be a high-priority area of interest that was recently expanded by 3,811 hectares of new staking and claim acquisition on the northeastern boundary. Our field teams have completed further IP geophysical surveying in the corridor targeting localities of high-grade silver, zinc, copper, and lead mineralization, along with other boots on the ground exploration techniques. 3D inversion geophysical modeling is underway to aid in solidifying the first-ever drilling targets in the area.”