Enduro Metals Corp. is pleased to announce that it has completed the 2022 drill program on the Company's 100%-owned Newmont Lake Project, located in the centre of British Columbia's prolific Golden Triangle. A total of 10,888 metres of diamond drilling has been completed over 25 drill holes. The 2022 drilling campaign focused on expanding the mineralized footprint of the Burgundy Ridge copper-gold porphyry target [...]
Enduro Metals Corp. is pleased to announce that it has commenced its fully-funded 2022 exploration program at its Newmont Lake Project in British Columbia's Golden Triangle. The primary objective of the 2022 exploration program will be to expand the mineralised footprint of the alkalic porphyry system discovered at Burgundy Ridge during 2021 . The secondary objective will be to follow up on the geochemical sampling [...]
Enduro Metals Corp. is pleased to report that it has significantly expanded the known mineralization footprint of its McLymont Fault Gold Zone through its 2021 drilling and geochemical surveying on the Company's 100%-owned Newmont Lake Project of BC's Golden Triangle. These results, together with results of historic drilling, outline a gold-mineralized zone extending for more than 5 kms. The McLymont Fault Zone is one of [...]
Enduro Metals Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of $10,020,000. Cole Evans, President, CEO & Director, commented, "We've spent a significant amount of time refining our Company's story, its project's technical merits, and the potential pathway forward, and believe the Company is well positioned to unlock value through tier one [...]
Enduro Metals Corp. is pleased to announce a structured non-brokered private placement offering for gross proceeds of $10,840,000, including an investment from a leading mining financial institution totalling $8,760,000. Non-Brokered Private Placement The Offering will consist of two parts for gross proceeds up to $10,840,000 as follows: Up to 24,000,000 flow-through common shares at a price of $0.365 per FT Share. Up to [...]
Enduro Metals Corp. is pleased to report a large chargeable geophysical anomaly has been identified using induced polarization geophysics at Burgundy Ridge Zone on its 100%-owned Newmont Lake Project, located in NW British Columbia's Golden Triangle. Where intersected, the chargeable anomaly correlates with copper and gold mineralization intersected at Burgundy Ridge to date. The results of this survey provide further [...]
Enduro Metals Corp. is pleased to report additional 2021 diamond drilling results which further confirms the discovery of an important alkalic copper/gold porphyry discovery at Burgundy Ridge. Burgundy is 1 of 4 major systems on the Company's wholly-owned 653 km2 Newmont Lake project in the Golden Triangle of northwestern British Columbia. Results from the other 3 zones on the property are still being accumulated and [...]
Enduro Metals Corp. is pleased to announce the Company has completed the earn-in of Enduro's 100% Option Agreement on 436km2 of the 653km2 Newmont Lake Project in northwestern British Columbia's Golden Triangle, making Enduro among the largest landholders in the district. The remaining 217km2 is already 100% owned by Enduro Metals. Enduro has completed the final significant milestones required to earn a 100% interest in [...]
Enduro Metals Corp. is pleased to announce the Company has provided notice to Romios Gold Resources that a final $1 million cash payment has been placed in trust, pending transfer of title, to complete the earn-in of Enduro's 100% Option Agreement on 436km2 of the 653km2 Newmont Lake Project in northwestern British Columbia's Golden Triangle, making Enduro among the largest landholders in the district. The remaining [...]
Enduro Metals Corp. is pleased to announce that it has issued the remaining 4 million shares to Romios Gold Resources Inc. pursuant to the option agreement to acquire 100% of the Newmont Lake Project. 100% Ownership Earn-In Developments To date, Enduro Metals has issued to Romios 8 million shares, $1 million cash and has incurred in excess of $14 million of expenditures related to exploration and evaluation activities [...]
Enduro Metals Corp. is pleased to announce that the Company will be presenting this week at Soar Financial Partners 2021 Deutsche Goldmesse in-person mining conference in Frankfurt, Germany. Enduro will be highlighting one of the largest land positions within the heart of Canada's Golden Triangle in Europe at the conference and select countries throughout the week. Figure 1: Location map of Enduro's 654km2 Newmont Lake [...]
Enduro Metals Corp. is pleased to report the discovery of a new alkalic porphyry system at Burgundy Ridge on its Newmont Lake project in northwestern British Columbia. BR21-001 intersected 331m of 0.71% CuEq starting at surface, including 146m of 1.00% CuEq from 139m downhole, and 18.27m of 3.00% CuEq from surface. The hole was drilled to test an area with some shallow drill holes and high-grade trenches within an [...]