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Induced Polarization Results Define Strong Anomalies On Pardo;
Mapping Crew Mobilized To Property
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Endurance Gold Corporation (EDG -- TSX.V) is pleased to announce recent
induced polarization ("IP") results have defined strong anomalies on
the Pardo Property, located 65 kilometres northeast of Sudbury, in
east-central Ontario.
A recently completed gradient IP survey was conducted over a 14 line
kilometre grid on the property, to more precisely define potential
strike extensions to the previously identified mineralization. Several
strong IP anomalies were identified on the grid, including a very
strong IP chargeability high that extends for a strike length of 200
metres north of, and 200 metres south of the area exposed by trenching
noted below. A second strong parallel anomaly trends north-south over a
strike length of 400 metres.
A mapping field crew has been mobilized to the property, to provide
detailed geological mapping over the newly defined IP anomalies, as
well as extensive surface sampling using a small pack-sack diamond
drill rig. Results will be made available as received.
In September, 2006, Endurance announced the results of a surface
channel sampling program (see Endurance News Release 06-19) that
included a 13 metre continuous channel sample grading 3.52 gpt Au.
These results represented the best values returned to-date from the
flat lying basal Proterozoic conglomerate on the property, and
demonstrated the potential for ore grades over mineable widths from
this prospective geological setting.
Work to date on the property strongly suggests that gold
mineralization, which is intimately associated with pyrite content in
the conglomerate matrix, also is spatially associated with the
Proterozoic-Archean unconformable boundary. The Pardo Property covers
some 24 square kilometres of that boundary, of which less than 1% has
been evaluated to date. Endurance is earning a 100% interest in the
property by making cash payments of $100,000 and issuing 200,000 shares
over a four year period.
Duncan McIvor, P. Geo., is the Qualified Person under National
Instrument 43-101, and is responsible for the content of this news
release.
ENDURANCE GOLD CORPORATION
Per: "Duncan McIvor"
President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT EITHER
Duncan McIvor (604) 682-2707, or Jeffrey Wilson, Corporate
Communications (604) 868-0225, or visit our website
at www.endurancegold.com.
The TSX Venture Exchange or any other regulatory authority has not
reviewed, and does not accept responsibility for, the adequacy or
accuracy of this news release.
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Copyright (c) 2007 ENDURANCE GOLD CORPORATION (EDG) All rights
reserved. For more information visit our website at
http://www.endurancegold.com/ or send mailto:info@endurancegold.com
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