Endurance Gold Corporation

Published : September 27th, 2012

Wide Low Grade Gold Zone Discovered on Flint Lake (Dogpaw) Joint Venture, Ontario

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Gold |

Thursday, September 27, 2012
Wide Low Grade Gold Zone Discovered on Flint Lake (Dogpaw) Joint Venture, Ontario
Best Trench Returns 21 Meters of 1.43 g/t Gold

Endurance Gold Corporation (EDG -- TSX.V) is pleased to announce that Metals Creek Resources Corp. ("MEK"), the operator of the Flint Lake Joint Venture ("Flint Lake JV"), reports results from a recently completed trenching program. The trenching program targeted the Stephens Lake and Flint Lake occurrences which are separated by approximately five (5) kilometers. These occurrences host a number of discrete gold zones that are being advanced to a drill testing stage by MEK. The Flint Lake JV is operated through a joint venture agreement with MEK owning a 75% interest and EDG a 25% interest. Endurance has previously referred to the JV as the Dogpaw Property or Dogpaw Joint Venture.

The Flint Lake JV Property lies within the central portion of the east-west trending Wabigoon sub-province and is host to numerous underexplored greenstone hosted gold occurrences. This western portion of the Wabigoon greenstone belt is an emerging gold camp with a number of developing projects including Rainy River Resources' ("RR") Rainy River Deposit with a measured and indicated resource of 5,663,000 ounces of gold grading 1.17 grams per tonne ("g/t") (see RR website), and Coventry Resources' ("CYV") Cameron Lake Deposit with an indicated and inferred resource of 1,397,200 ounces of gold grading 2.24 g/t (see CYV website).

At the Stephens Lake occurrence, mineralization is hosted within an altered granodiorite intrusion of the Stephens Lake stock with associated carbonatization and pyrite mineralization. Seven trenches were excavated delineating two separate zones of gold mineralization. Highlights from the trenching program include trench STR2 in the D-Zone Target, which returned a surface channel cut of 1.43 g/t gold over 21 meters. The zone remains completely open in all directions as the trench terminates in overburden on both ends, with mineralization interpreted to continue through trench STR3 located 40 meters to the southwest, which returned a surface channel cut of 1.42 g/t gold over 10 meters. At Stephens Lake, a second parallel zone of gold mineralization (Busch Zone Target) was also trenched with trenches STR4 through STR7. Trench STR7 is 200 meters west of trench STR2 and returned a surface channel interval of 1.03 g/t gold over 20 meters. Many other gold occurrences have yet to be evaluated with trenching in the Stephens Lake Area.

"We are very encouraged by these channel sampling results from the Stephens Lake intrusive complex, and congratulate Metals Creek on the discovery and advancing this joint venture program in a systematic and professional manner" states Robert Boyd, President and CEO of Endurance "These initial trenching results confirm that the JV property is emerging as a significant new discovery in the Wabigoon."

A summary of results from the Stephens Lake trenching are tabulated below:

Recent trenching from the Flint Lake portion of the JV property also discovered 7.80 g/t gold over 3.1 meters from trench FTR5. This trenching tested the strike extension of the Flint Central Zone, which was recognized in 2010 when surface grab samples up to 112 g/t gold were recovered from historic trenches (see EDG release dated August 24, 2010). Other recent results from the Flint Lake trenching include 1.64 g/t gold over 1.2m from trench FTR1.

The joint venture is currently considering a follow-up drilling program on this discovery.

ENDURANCE GOLD CORPORATION

Robert T. Boyd
Per:
President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, info@endurancegold.com
www.endurancegold.com

All assays were sent to Accurassay Laboratories, an accredited laboratory in Thunder Bay, Ontario. The gold was analyzed utilizing a standard fire assay and an atomic absorption finish. In the preparation of this news release, Endurance has relied on data compiled and completed by MEK as the operator of exploration programs. Robert T. Boyd, P.Geo. is a qualified person as defined in National Instrument 43-101 and supervised the compilation of the technical information provided by MEK and forming the basis for this 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.

 
Address: Suite 1700 - 750 West Pender Street
Vancouver, BC
Canada V6C 2T8
Phone:
Fax:
Email:
604-682-2707
604-681-0902
info@endurancegold.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Endurance Gold Corporation

EXPLORATION STAGE
CODE : EDG.V
ISIN : CA29267M1086
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Endurance Gold is a gold exploration company based in Canada.

Its main exploration properties are CARTER in USA and ANNIE, NATRONA, HUTTON PROJECT, PARKIN, MCCORD GOLD, PARDO, TURNER, BQ, NECHAKO, BANDITO and DOGPAW LAKE in Canada.

Endurance Gold is listed in Canada. Its market capitalisation is CA$ 15.2 millions as of today (US$ 11.1 millions, € 10.4 millions).

Its stock quote reached its lowest recent point on January 16, 2009 at CA$ 0.01, and its highest recent level on July 15, 2022 at CA$ 0.57.

Endurance Gold has 101 090 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Endurance Gold Corporation
7/23/2016Closes First Tranche of Private Placement
2/27/2014Close First Tranche of Private Placement
2/18/2014Announces Private Placement of $300,000
7/11/2013Closes Private Placement of $500,000
6/12/2013Announces Private Placement Of $500,000
5/25/2012Closes Private Placement Of $500,000
5/11/2012Announces Private Placement Financing
8/10/2011Closes Private Placement Of $350,000
8/2/2011Increases Private Placement
7/25/2011Announces Private Placement of $250,000
2/18/2011Announces Private Placement of $540,000
3/31/2010Shareholders Exercise 95 Percent Of Expiring Warrants
Nominations of Endurance Gold Corporation
4/29/2011Robert Pease Appointed To Board Of Directors
10/11/2007 Appoints Robert Boyd to Board of Directors
Financials of Endurance Gold Corporation
8/22/2007Reports 2007 Second Quarter Financial Results and Summary of...
Project news of Endurance Gold Corporation
11/21/2013Completes 2013 Rattlesnake Hills Exploration Program in Wyom...
10/28/2013(Pardo)Responds To Arbitration Notice Respecting The Pardo Joint V...
9/24/2013(Pardo)Final Gold Assays At 007 And Eastern Reef Zones Pardo Gold J...
9/3/2013Initiates 2013 Rattlesnake Hills Exploration Program, Wyomin...
4/10/2013Significantly Expands Rattlesnake Hills Gold District Proper...
4/4/2013Partner Proceeds with McCord Creek Gold Property Option, Ala...
1/21/2013(Bandito)to Acquire 100% Interest in the Bandito Heavy Rare Earth Nio...
9/11/2012(Pardo)Drilling Commences on Pardo Gold Joint Venture, Ontario
8/1/2012Doubles Size of McCord Creek Gold Property, Alaska
5/2/2012Identifies Partner To Fund The McCord Creek Gold Property, L...
4/25/2012Soil Anomalies Discovered on the McCord Creek Property, Live...
3/29/2012(Pardo)Enters Into Joint Venture On Pardo Gold, Ontario
2/27/2012Expands Land Position on Elephant Gold Prospect, Alaska
9/19/2011(Bandito)Drilling Commenced on the Bandito Property
9/8/2011(Bandito)Copper, Rare Earth and Niobium Prospects Discovered Bandito ...
8/17/2011Exploration Commenced on the Mccord Creek Gold Property, Liv...
7/25/2011(Bandito)Exploration Commenced On The Bandito Rare Earth And Nickel P...
3/3/2011(Bandito)Additional Staking Further Increases Size of the Bandito Pro...
8/24/2010(Dogpaw Lake)New High Grade Gold Zone Discovered on Dogpaw Lake Joint Ven...
6/29/2010(Pardo)2010 Drilling Commenced
1/13/2010Ginguro Reports High Grade Grab Sample Results On Endurance ...
11/23/2009(Nechako)Nechako Drill Program Results
10/27/2009(Nechako)Completes Drilling on the Nechako Gold Project, B.C., and Ge...
8/18/2009(Pardo)Commences Work On Endurance Pardo Property
2/20/2008(Pardo)Pardo Cyanide Leach and Screen Fire Metallic Analytical Resu...
Corporate news of Endurance Gold Corporation
7/23/2016Endurance Closes First Tranche of Private Placement
6/30/2016Endurance Gold Announces Private Placement of $500,000
6/29/2016Endurance Announces Update On Rattlesnake Hills District, Wy...
5/26/2016Endurance Announces Grant Of Stock Options
10/20/2015Endurance Confirms No Material Change
10/13/2015Endurance Closes the Sale of Rattlesnake Hills Property, Wyo...
8/10/2015Endurance Announces Sale of Rattlesnake Hills Property, Wyom...
6/11/2015Exploration Commenced - Elephant Mountain Intrusive-Hosted G...
4/20/2015Significant Intrusive-Hosted Gold Targets Confirmed - Elepha...
4/7/2015Endurance Gold Announces Private Placement of $500,000
3/10/2015Endurance Announces Start Of Drilling - Pardo JV, Ontario
1/20/2015Endurance Announces Winter Drill Program - Pardo JV, Ontario
1/15/2015Endurance Announces Winter Drill Program - Pardo Jv, Ontario
11/20/2014Endurance Provides Update From The Pardo Joint Venture, Onta...
11/20/2014Endurance Provides Update from the Pardo Joint Venture, Onta...
10/30/2014Endurance Closes Private Placement Of $650,000
10/20/2014Endurance Provides Further Update From The Godzilla Zone, Pa...
10/16/2014Endurance Announces Re-Pricing And Increase Of Private Place...
9/29/2014Endurance Reports 25 Metres of 3.4 Grams Per Tonne Gold from...
1/13/2014Encouraging Gold Results In Intrusive - Elephant Mountain Go...
12/19/2013(Pardo)Pardo JV Operator Provides Clarifying Disclosure on Eastern ...
12/3/2013Serves Defense and Counterclaim - Arbitrator Appointed
9/6/2013(Pardo)Further Results At Eastern Reef Zone Discovery, Pardo Gold J...
8/29/2013(Pardo)Further High Grade Gold at 007 Zone Discovery, Pardo Gold Jo...
8/15/2013(Pardo)New High Grade Gold Discoveries On Pardo Gold Joint Venture,...
11/5/2012(Bandito)New "Heavy" Rare Earth And Niobium Discoveries At Bandito, Y...
9/27/2012Wide Low Grade Gold Zone Discovered on Flint Lake (Dogpaw) J...
1/9/2012Acquires Intrusive-Hosted Gold Prospect In Alaska
10/12/2011Trench Returns 2.65% Treo+Y over 6 Meters
6/1/2011(Bandito)2011 Bandito Rare Earth and Nickel Program Initiated
5/24/2011(Bandito)Bandito Rare Earth Alteration System Expanded Nine Square Ki...
5/11/2011Creates Technical Advisory Committee
3/17/2011Closes Private Placement Of $540,000
4/12/2010President and CEO Duncan McIvor Passes away
11/13/2009Granted State Leases Totaling An Additional 2,560 Acres In R...
6/26/2009Identifies Gold Mineralization On 100% Owned Gold Properties...
2/1/2008Virginia Silver Property Optionor Mega Silver Inc. Completes...
1/28/2008 Retains Renmark Financial Communications Inc.
11/5/2007 Commences Aerial Survey Of Pardo Property; Provides Turner ...
8/20/2007Completes 56 Holes at Pardo
7/12/2007Moves Drill To Pardo For 80 Hole Program
5/24/2007Stakes Additional Claims Near Pardo And Turner Properties
3/28/2007Stakes Additional 175 Claim Units Around Turner Property
3/28/2007Options Remaining Dogpaw Lake Area Claims To North American ...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (EDG.V)
0.150-9.09%
TSX-V
CA$ 0.150
04/25 16:11 -0.020
-9.09%
Prev close Open
0.165 0.155
Low High
0.150 0.155
Year l/h YTD var.
0.120 -  0.200 -16.67%
52 week l/h 52 week var.
0.120 -  0.325 -53.85%
Volume 1 month var.
16,501 20.00%
24hGold TrendPower© : -35
Produces
Develops
Explores for Coal - Copper - Gold - Nickel - Silver - Uranium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 10/29/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-25.00%
2023-45.95%0.390.19
202248.00%0.570.25
202178.57%0.440.13
2020460.00%0.180.03
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.94+9.34%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.55%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.69+13.03%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.60+1.83%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+5.65%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.61+0.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :