Date: Friday, November 19th, 2021
Location: The Kerby Centre 1133 7th Ave SW, Calgary, AB
Doors open at 11:30am
Talk starts at noon
University, SAIT, NAIT students: FREE with student ID (with purchase of membership)
RELIANCE PROJECT, Gold Bridge, B.C.
The 100% controlled Reliance Gold Property (“Property”) is located 4 kilometres (“km”) east of Gold Bridge and 10 km north of the Bralorne-Pioneer Gold Mining Camp which has historically produced over 4 million ounces of gold.
At Reliance, Endurance Gold has discovered a significant new, previously unrecognized, gold deposit within this historic camp through the application of systematic common-sense modern exploration and the application of new Orogenic gold models.
At Reliance, gold and gold-antimony mineralization is associated with sulphidization, silicification, quartz-stibnite veining, vein breccias, vein stockwork, and feldspar porphyry, hosted within wide zones of ankerite-sericite-clay alteration in an Epizonal Orogenic Setting.
Exploration activity has shown that these gold-bearing structures all occur within an area encompassing about 2,000 metres (“m”) of strike, 450 m of horizontal width and over 750 m of vertical extent. To date, exploration activity in 2020 and 2021 has discovered and confirmed gold in reverse circulation (“RC”) drilling at the Eagle Zone, Imperial Zone, Diplomat Zone and the Treasure Prospect. Some of the mineralized breccia zones are steeply southwest dipping and other mineralized breccia zones have a similar strike but a shallower southwest dip.
RC drilling programs in late 2020 and spring 2021 completed a total of 51 shallow RC drill holes with very encouraging gold assay results. Highlight results from these RC drill campaigns include 14.08 gpt gold over 15.24 m, 10.50 gpt gold over 6.1 m and 9.70 gpt gold over 12.2 m at the Eagle Zone, 16.39 gpt gold over 4.57 m at the Diplomat Zone, and 7.23 gpt gold over 4.6 m at the Imperial Zone. A total of forty-one (41) of the fifty-one (51) RC drill holes completed to date returned significant gold intersections of at least three (3) metres in width. Diamond drilling in 2021 has completed 22 drill holes through to November 2021.
Diamond drilling tested the surface oxidized Eagle Zone, the unoxidized southeast extensions of the Eagle Zone and the Eagle South Trend which is currently interpreted to be a faulted offset of the Eagle Zone. Assay results for 2021 diamond drilling are still pending, however mineralized structures have been observed in the majority of the 2021 diamond drill holes and if results prove to host gold the Eagle Zone will double in strike extent to the southeast and likely contiguous with the Eagle South Target. The Eagle South target has at least 300 m of largely untested strike potential.
Diamond drilling in 2021 of the Imperial Zone provided encouraging looking intersections together with important alteration, structural and geological information to replace historic data that is unrecoverable or lacking professional rigour.
Endurance plans to continue with several phases of drilling through 2022 to build the resource potential for this significant, newly recognized, gold system.
Robert T. Boyd, P.Geo. is a qualified person as defined in National Instrument 43-101 and supervised the compilation of the historic information forming the basis for this abstract. The 2020 and 2021 work programs were supervised by Darren O’Brien, P.Geo., an independent consultant and qualified person as defined in National Instrument 43-101.
About the Author:
Robert Boyd is a mining executive with 45 years experience in exploration, executive-level management, corporate finance and corporate governance. Robert is currently President CEO and Director of Endurance Gold Corporation and also currently serves on the Board of Condor Resources. He was formerly Lead Independent Director for Peregrine Diamonds Ltd until acquired by De Beers 2018. He formerly served as President, CEO and Director of Athabasca Potash (acquired by BHP in 2010) and was the President, CEO and Director of Ashton Mining of Canada Inc, (acquired by Stornoway Diamonds in 2007). He has served as non-executive director on several other exploration company boards since 1988. For seven years Robert was a founding principal and major shareholder of a financial and strategic advisory firm, and formerly VP Exploration for Homestake Canada Limited for 10 years. Robert is a professional geologist and gemmologist. He is a member of the APEGBC, the Society of Economic Geology and a fellow of the Gemmological Associations of Great Britain and Canada.
Kerby Centre COVID Policy/Information:
Please note in order to comply with current Alberta restrictions, everyone must show proof of vaccination or proof of a negative privately-paid test result from a sample that is taken within the prior 72 hours (Results from Alberta Health Services are not eligible for consideration for this program). Everyone will be required to wear a mask if they are not eating, and social distancing will be upheld. The maximum number of attendees is 35 to comply with regulations and social distancing.