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ENDMF: effective Dec. 22,2023 a one for 10 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
https://endurometals.com/enduro-metals-commences-2022-exploration-program/
July 25th, 2022, Kelowna, British Columbia – Enduro Metals Corporation (TSXV: ENDR OTCQB: ENDMF FSE: SOG) (“Enduro Metals” or the “Company”) 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 (331m of 0.71% CuEq discovery hole – see October 18th, 2021 news release). The secondary objective will be to follow up on the geochemical sampling program at McLymont Fault and extend the potential mineralised footprint from 700m to 5,500m (see July 11th, 2022 new release).
Burgundy Ridge Project
A two-rig diamond drill program has commenced to test the extent of copper and gold mineralization along a 1,200m strike length. Multiple drill locations are currently being prepared, with the first drill rig having commenced operations, and a second rig due to start imminently.
The program has been designed to zone in on the centre of the porphyry system which is believed to lie to the north east of the discovery hole and test approximately 1,200m of the 2,700m system. Drilling is designed to test mineralization significantly deeper than previously drilled at Burgundy Ridge, given porphyries form as vertically oriented deposits up to kilometres in vertical and horizontal scale.
McLymont Fault
At the McLymont Fault project, a detailed exploration program is being finalized to follow up on 2021’s geochemical soil sampling program.
It is currently expected that one of the two rigs currently drilling at Burgundy Ridge will move to test the newly identified zone and follow up on drill hole GSC88-1 drilled in 1988 which interested 73.40g/t Au, 12.5g/t Ag and 0.13% Cu over 0.60m.
If successful, this would increase the footprint of the McLymont Fault mineralised system to 5,500m, comparable to the very large bulk-tonnage style gold deposits neighbouring the Newmont Lake Property (ex. KSM, Treaty Creek).
Cole Evans, President, CEO & Director, commented,
“The company is in a fortunate position to be fully funded for its 2022 exploration program following the C$10m private placement undertaken in May.
Burgundy represents a top-tier porphyry exploration target, and we are looking forward to a very exciting year with a greater understanding of the scale and significance of this mineralized system which shows many similarities to Galore Creek, some 35km to our north west.
While Burgundy is truly exciting, we must not forget that we have an excellent project in the McLymont Fault. The results of the recent geochemical sampling program suggest that we have a gold-rich project which has the size and scale needed to be economic in the Golden Triangle.
I would like to extend our thanks to the entire field team whose combined efforts have allowed us to commence drilling earlier than ever before on the property despite the fact that the snow base has been substantially higher than average.”
Enduro Significantly Expands the Strike Length of its McLymont Fault Gold Mineralization
July 11th, 2022, Kelowna, British Columbia – Enduro Metals Corporation (TSXV: ENDR OTCQB: ENDMF FSE: SOG-FF) (“Enduro Metals” or the “Company”) 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 4 major target areas on the 654km2 property.
Also, the Company will be providing an update about its 2022 Exploration Program Plan shortly which will include the plan to follow-up on the 2021 Burgundy alkalic copper-gold porphyry discovery intersection.
Highlights:
Drill hole NW21-03 intersected 151m of 0.73 g/t AuEq starting at 124.2m in the NE extension of the McLymont Fault.
Including 75m of 1.00 g/t AuEq @ 124.2m downhole.
Hole ended in gold mineralization at 287m.
Bulk tonnage style gold mineralization has now been drill tested over approximately 400m strike length at the NW Zone and NE Extension.
Geochemical soil sampling delineated significant gold mineralization along strike of McLymont Fault, increasing the potential footprint from 700m to 5,500m.
The apparent scale and intensity of the anomaly is comparable to very large bulk-tonnage style gold deposits neighbouring the Newmont Lake Property (ex. KSM, Treaty Creek).
The sampling may explain the source of the “Boulder Train” which attracted explorers to the area in the 1980’s with historic float samples >100 g/t Au, but the source was never found.
See Figure 3 for summary of drilling results along McLymont Fault. Publicly accessible drilling database will be made available shortly.
Enduro Metals Closes C$10-Million Private Placement of Common and Flow-Through Shares
BY MT Newswires
— 5:26 PM ET 05/19/2022
05:26 PM EDT, 05/19/2022 (MT Newswires) -- Enduro Metals (ENDMF) on Thursday said it closed a private placement of common and flow-through shares that raised C$10 million.
The company said it placed one-million common shares priced at C$0.26 each, as well as 3.33-million flow-through shares priced at C$0.30 and 24-million charity flow-through shares priced at C$0.365.
"The company intends to use the proceeds of the offering for the exploration of the company's key projects located in the Golden Triangle and for general working capital purposes," it said in a release.
Enduro shares closed up C$0.005 to C$0.23 on the TSX Venture Exchange.
https://endurometals.com/enduro-presenting-at-cambridge-houses-vancouver-resource-investment-conference/
Enduro Presenting at Cambridge House’s Vancouver Resource Investment Conference
16th May 2022
May 16th, 2021, Vancouver, British Columbia, Canada – Enduro Metals Corporation (TSXV: ENDR OTCQB: ENDMF FSE: SOG-FF) (“Enduro Metals” or the “Company”), has an 100%-interest in the largest land positions in the heart of Canada’s Golden Triangle as an explorer, is pleased to announce that the Company will be presenting at Cambridge House’s Vancouver Resource Investment Conference (“VRIC”) 2022 in-person mining conference in Vancouver, Canada.
About VRIC
On May 17 and 18, 2022, they are hosting the ultimate financial masterclass, gathering world leaders, globally respected economists, and legendary money managers and investors to dive deep into the most important issues that we will face in the coming years.
Vancouver, Canada
Tuesday May 17 & Wednesday May 18, 2022
For a 20% discount use this code at check-out: ENDR20
To register: https://www.eventbrite.com/e/vancouver-resource-investment-conference-2022-tickets-182129663727
Enduro Metals Presentation
Sean Kingsley, Enduro’s Director of Communications will be presenting May 18th at 11am.
For further information please contact:
Investor Relations
Sean Kingsley – Director of Communications
Tel: +1 (604) 440-8474
Email: info@endurometals.com
Interesting Article; Gold as a Fuel cell component. (Gold nanoparticles and Curcumin)
https://www.theengineer.co.uk/content/news/curcumin-and-gold-nanoparticles-key-to-ethanol-fuel-cells
"Curcumin — the substance in turmeric — and gold nanoparticles have been combined to create an electrode that requires 100 times less energy than hydrogen to efficiently convert ethanol into electricity.
According to researchers at the Clemson Nanomaterials Institute and the Sri Sathya Sai Institute of Higher Learning, of all the catalysts for alcohol oxidation in alkaline medium that exist, the one they prepared is the best so far. Thus, their finding paves the way for replacing hydrogen as fuel cell feedstock.
Sign Up for the Energy Digest
Fuel cells generate electricity through a chemical reaction instead of combustion." ...Snip more at link.
Enduro Metals Reports Non-Brokered Private Placement Offering; Down 8.9%
BY MT Newswires
— 1:02 PM ET 04/27/2022
01:02 PM EDT, 04/27/2022 (MT Newswires) -- Enduro Metals Corp. ( ENDMF
Loading... Loading...
) said Wednesday that it plans to raise about $10.8 million via a structured non-brokered private placement offering.
The offering will include an investment from a mining financial institution totaling about $8.8 million.
The offering will consist of up to 24 million flow-through common shares at $0.365 per FT share; and up to 8 million common shares at $0.26 apiece.
The institutional investor is expected to own about 9.9% of the company's common shares post financing on a non-diluted basis.
Enduro plans to use the proceeds for the exploration of the company's key projects located in the Golden Triangle and for general working capital purposes.
The company's shares fell 8.9% on last look on Wednesday.
Price: 0.26, Change: -0.03, Percent Change: -8.93
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Of interest!
turmeric-extract-combined-with-gold-help-create-greener-more-efficient-fuel-cells
The fuel cells would use alcohol rather than hydrogen. (There is a problem with storing hydrogen, which can migrate through steel, not a problem with alcohol! Imagine InBev as an energy company!)
New site: News from the Golden Triangle;
https://eyeonthetriangle.ca/
Youtube Kitco Roundtable with Cole Evans; Why copper miners prefer brownfield projects
Wonderfilmteam: "Chachi zone...multiple outcrops of high-grade nickel w/ grades of up to 7.7%."
https://www.facebook.com/Endurometals/videos/727054302012199/
(March 7 202 Enduro Face book post)
Enduro Metals
March 7 at 9:30 AM ·
Chachi Zone, we have identified multiple outcrops of high-grade nickel w/ grades of up to 7.7%. Chachi is a large geochemistry footprint of #gold, #copper, #silver, #lead, #zinc, nickel & #cobalt that's never been drill-tested. Results pending.
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COO Dylan Hunko sampling Chachi Corridor in 2019
COO Dylan Hunko sampling Chachi Corridor in 2019 ·
·
33 Views
Chico237;All: Ruble pegged to Gold, Russia will require payment in Gold for gas sales.
People can read the story and make up their own minds. The most immediate affect will be for the people in Europe who need to buy Russian Gas and Oil. (G7 has already rejected payments in rubles as a violation of their contracts with Russia.) Russia has a lot of gold reserves in overseas banks that have been "embargoed" because of the situation in Ukraine. I suspect that whenever they release them they will start to repatriate their physical holdings to Russia. Not a goldbug, but I see demand for gold rising.
--------------------------------------------
Russia pegs Ruble to gold
(UPDATED 10:39 AM EDT SEE BOTTOM) The Central Bank of Russia has officially announced that, as of March 28, 2022, the Russian Ruble currency is BOUND to Gold. The rate is 5,000 Rubles per gram of gold bullion.
(NOTE: This story has been corrected to report "TROY" ounces as opposed to dry ounces, and the values recomputed to reflect there are more grams per TROY ounce than in a dry ounce.)
There are 32 grams in each TROY ounce. 32 grams times 5,000 rubles per Gram is 160,000 Rubles. Ya with me so far?
The conversion rate of Rubles to U.S. Dollars is 100 Rubles, 90 Kopecs, to each US Dollar.
If Rubles are bound to Gold at 5000 Rubles per gram, and there are 32 grams per TROY ounce, meaning one ounce of gold would cost 160,000 Rubles, then converting that to US Dollars means Gold is $1600 per ounce when using Rubles, instead of $1,928 per ounce using Dollars.
Russia just wiped out about thirty percent (30%) of the value of the US Dollar, worldwide, when it comes to Gold Bullion.
Worse, because Russia will only sell its oil and gas in Rubles, and Rubles are now fixed at 5,000 Rubles per gram, anyone wishing to buy Oil or Gas will need to either pay in Rubles or pay in Gold, and they won't get the US Dollar value for the gold they tender as payment!
People around the world will be literally THROWING their money at the Ruble and DUMPING Dollars and EUROS to do it.
What Russia just did is the financial equivalent of detonating a nuclear bomb.
FWIW, the last guy on this planet who tried to back a currency with Gold, was Muammar Quadaffi of Libya.
NATO went into Libya, bombed the shit out of it, until the people of Libya grabbed Quadaffi on the street, beat him bloody, and put a bullet in his head.
As of this hour, 10:39 PM EDT, I suspect Bankers all over the world are on the phones with each other and with heads of state, instructing them that what Russia has done will totally smash both the US Dollar and the EURO, and those Bankers will be telling the heads of State that World War 3 must commence immediately.
Let me explain why.
Today, the Russian Central Bank pegged Rubles to Gold.
Last week, Russia declared they would only sell OIL and GAS in . . . Rubles.
This means Russian OIL and GAS are pegged to Gold with Rubles as the proxy for Gold.
EFFECT: Europe (that needs Russian Gas and Oil) will now have to buy Rubles from Putin using Gold, or pay for the Oil and Gas with Gold itself.
Currently, the FOREX Rate for Rubles to Dollars is about 100:1
BUT . . . with 5,000 Rubles now equaling one gram of Gold, and oil being priced directly in Gold, we are going to see a MASSIVE price disruption in FOREX markets, in terms of how much Gold a Dollar can still buy.
Foreign countries holding our Dollar Debt Notes in Reserve, will see an immediate, and far less use for them and will want to start dumping them in favor of something more stable; something which holds its value.
Basically, any currency pegged to Gold will fit the bill. which means countries like that -- like Japan -- will start dumping their Dollar Debt as fast as they can -- they are NOT going to go down with the ship! They will move into more stable currencies, like . . . the Ruble.
This will have a DE-flationary effect on the Ruble, making it more valuable over time.
Marketwatch article. Discusses owning bullion. Does not hurt to also have some gold mining stocks in ones portfolio.
https://www.marketwatch.com/story/russia-just-made-a-case-for-owning-goldand-nobody-noticed-11648415950?mod=home-page
Gold and Gold prices.
https://rumble.com/vyjp5x-putin-just-pegged-the-ruble-to-gold.html
The central bank in Russia just announced they will buy gold at a specified rate from its banks for the next three months. While this rate is under the current price of gold, it effectively pegs the ruble to gold and sets a floor underneath the gold price. The real fun starts if Russia decides to price oil in rubles or gold after this move. They
could effectively force the world onto a new gold exchange standard.
(Maybe...Still!)
https://www.zerohedge.com/commodities/how-wests-ban-russian-gold-could-backfire
Rubles for oil
Putin has ordered that gas contracts with "unfriendly" countries--those responsible for sanctions against Russia--be settled in rubles rather than in foreign currencies and gave Russia's central bank and gas suppliers like Gazprom one week to implement the change. more at link.
"Hostile" countries need to buy rubles for oil settlement or pay directly in gold.
(Make up your own mind on this.)
WT; Chico237; WT, Thanks for posting! Included in that news release is this excellent YouTube discussion by Cole Evans concerning induced polarization geophysics and how it was used on their survey of the Burgandy Ridge Zone.
Cole Evans discussion large chargeable geophysical anomaly means at Burgundy Ridge Zone
?? News Release: Geophysics Supports Drilling Results Pointing to Large Copper-Gold Porphyry at Burgundy
Click to Read: https://lnkd.in/dBPTJQT7
???? TSX Venture: $ENDR
???? OTCQB: ENDMF
???? Frankfurt: SOG
#goldentriangle #mineralexploration #mining
?? News Release: Geophysics Supports Drilling Results Pointing to Large Copper-Gold Porphyry at Burgundy
Click to Read: https://lnkd.in/dBPTJQT7
???? TSX Venture: $ENDR
???? OTCQB: ENDMF
???? Frankfurt: SOG
#goldentriangle #mineralexploration #mining
Enduro; Enduro's primary target minerals are primarily gold, copper, silver, and palladium group metals.
Cobalt was listed in some of the drill results. This is a mineral that will apparently be useful in E.V. battery technology.
While it is just a minor mineral in the portfolio, is there any sense that this might eventually be encountered on the property in any recoverable concentrations? (Or is that more a question for any mining group and future agreements?)
ENDURO, all;
Enduro Metals, news coverage.
https://menafn.com/1103653058/Enduro-Intersects-Mineralization-in-Multiple-Drill-Holes-Confirming-New-Porphyry-Discovery-at-Burgundy-Ridge
Highlights
"Newly received assays include:
BR21-03 which intersected 257m of 0.50% CuEq from surface , including 43m of 1.39% CuEq at surface .
BR21-04 intersected 84m of 0.72% CuEq from 57m downhole . The drill hole was also successful in identifying another high-grade mineralization style including 6.63% CuEq over 3.00m at 136m downhole. Due to early winter conditions, the drill hole stopped short of target depth while in mineralization.
These assay results expand on discovery hole BR21- 01 which intersected 331m of 0.71% CuEq from surface , including 18m of 3.00% CuEq at surface , and 146m of 1.00% CuEq at 138m downhole, and 1.80m of 7.30% CuEq at 218.6m (see News Release dated October 18th, 2021).
ST21-01 intersected 2.17% Cu and 27.07 g/t Ag over 9.37m from 15.92m downhole, including 7.20% Cu and 87.77 g/t Ag over 2.00m . These results were drilled 2.3km NE of Burgundy Ridge and support additional copper potential across the entire Burgundy system.
Results from the latest holes support the discovery of a porphyry copper/gold deposit first announced on October 18th, 2021 (see News Release dated October 18th, 2021). Alteration, mineralization style, and metal assay grades suggest that we are on the periphery of a porphyry system. Enduro continues to evaluate drill core and other data to help vector toward the core of this mineral deposit."
Further discussion at link
(Can also view in 2022 news: https://endurometals.com/
" About Enduro Metals
Enduro Metals is an exploration company focused on it's flagship Newmont Lake Project; a total 638km2 property located between Eskay Creek, Snip, and Galore Creek within the heart of northwestern British Columbia's Golden Triangle. Enduro has completed the earn-in under an option agreemnt and now holds a 100% interest (subject only to a royalty on a portion of the property) in 653 square kilometres. Building on prior results, the Company's geological team have outlined 4 deposit environments of interest across the Newmont Lake Project including high-grade epithermal/skarn gold along the McLymont Fault, copper-gold alkalic porphyry mineralization at Burgundy, high-grade epithermal/skarn silver/zinc at Cuba, and a large 9km x 4km geochemical anomaly hosting various gold, silver, copper, zinc, nickel, cobalt, and lead mineralization along the newly discovered Chachi Corridor."
Chico; Enduro; thanks for posting Cole's discussion on Korlin Economics report!
Several points on the discussion of Burgundy ridge drilling.
The 2021 drilling prodgram located a new alkalic porphyry system. Longer mineralizations intervals but also capable of local higher concentrations. Many are located at shallow depth.
Considers the mineralization at Burgandy Analogous to Galore Creek mineralization (silica saturated phorphry I think he said?)
Per Cole: "Different style mineralizations. Have some spectacular grades in there. "Vertical mineralization...look like carrots" Mentioned "chalcocite stringers"..."2 meters with 7.2% copper with 88 grams of silver.
Have a mix of other drill projects pending results, including Chachi. He will return to the program to discuss once released. Some discussion of this years drilling program.
Mentioned Feb 2 news release regarding completion of the the Newmont Lake property. Some discussion of current cash situation.
Interviewer is invested in Enduro.
(People should listen to the interview. Better than me attempting to transcribe it.)
(TSX.V:ENDR – OTCQB:ENDMF)
For charts of the burgandy program discussed here see the link above or:
https://endurometals.com/
Chico; See the new posts at the top. A couple of new posts from the company, a lot of the previous clutter removed!
(Issue with daughter....things are getting better!)
Listen to Enduro's Interviews w/ Mining Stock Daily & Korelin Economics Report ??? https://conta.cc/3B9GbxC
Today's Enduro interview from Mining Stock Daily: https://anchor.fm/mining-stock-daily/episodes/Enduro-Metals-Confirms-Discovery-at-Burgundy-Ridge-e1e2p50
Chico,All; Enduro Metals 2 Recent Video Updates (11/25 & 12/7)
-----------------------------------------------------------------------
November 25 Cole Evans at Deutsche Goldmesse
Exploration in BC's Golden Triangle | Enduro Metals Corp.
Cole explains how he got involved in the company, his background, and information on the major investors.
He provided information on Infrastructure that will support the project;. When purchased, there was purchased no road access, now have road access to both the north and south ends of the property. He showed a picture of a HydroTurbine Electric generation plant that sits just off or their property ("See the treeline in the picture (Of the turbine) That is the edge of our property!"
Gave quick update on drilling at Burgandy ridge (More in next video.) 331 meters of .761% CU. "Or the interval I like the most, 146m of 1% CU
At a certain point he hurried through. They have a number of high grade gold deposits near the surface. They want to explore and develop to a certain point, bring in mining firms to mine possibly proceeds to generate cash from a sale or in the form of a joint or cooperative venture with long term cash flow which they feel will result in the most value to their shareholders. ("We are not here to mine it but to discover it and sell it to someone who will take it to the next level.")
(See the video!)
------------------------------------------------------------------------
December 7 interview with Dylan Hunko COO
Mines & Money 2021: How did Enduro Hit 331m at 0.71 CuEq?
2019 shallow holes, 2020 started deep drilling.
Found New Porphyry in 331 m core w .71 copper equivalent CU + AU grades almost equivalent. <1% magmas are Alkaline Magma and they have found one.
Need to engage in systematic drilling but will be focusing on Burgundy ridge and McLymont projects. Cuba has produced drilling with 1 gram AG. (I assume per ton...not stated)
Managment has discussed making distinct groups or companies for different projects to be more efficient in developing and providing best S/O value. No definite plans yet.
They expect to own 100% of Newmont Lake property outright with a final cash payment in February.
The next few months they will be getting out and promoting the company to investors and shareholders. They still have 95% of their results yet to come (Core analysis I assume) In 2022 He expects 6-8 months out in the field drilling.
All; Additional Information
"Agreement Highlights:
The original Option Agreement included $2,000,000 CAD in cash payments, the issuance of 12,000,000 Enduro shares and making $8,000,000 CAD in Expenditures on the Newmont Lake Project.
Previously, Enduro had issued 8 million shares and $1 million in payments.
In addition to today's issuance of 4 million Enduro shares, in order to exercise its 100% option interest, Enduro is required to make a final $1 million CAD payment by February 22, 2022.
Romios will retain a 2% NSR on the property with a 5 km area of interest of which Enduro may reduce to 1% (within 2 years after the earn-in date) for a total of $4 million CAD.
In the event that one or more NI 43-101 compliant resource estimates which collectively exceed 1,000,000 ounces of gold equivalent resources (being the sum of indicated and inferred) are issued, Enduro will issue 2,000,000 shares to Romios. And an additional 1,000,000 shares will be issued to Romios for each full 1,000,000 additional ounces of gold equivalent resources which is so documented....snip"
Romios Gold
current price.
RMIOF
$0.0379
+0.0041 (+12.13%)
AS OF 12/01/2021 9:32:00AM ET
ENDURO METALS CORPORATION
to be held on December 16, 2021
Previously announced.
[url]
https://www.finanznachrichten.de/nachrichten-2021-12/54637556-romios-gold-resources-inc-romios-receives-4-million-shares-of-enduro-metals-pursuant-to-newmont-lake-option-agreement-296.htm[/url][tag]Romios Gold Resources announces...[/tag]
All: Enduro Metals Corporation issued the remaining 4 million shares to Romios Gold Resources Inc. (“Romios”) pursuant to the option agreement to acquire 100% of the Newmont Lake Project.
----------------------------------------------------------------------
4 million shares issued to Romios Gold
November 30, 2021, Kelowna, British Columbia – Enduro Metals Corporation (TSXV: ENDR OTCQB: ENDMF FSE: SOG-FF) (“Enduro Metals” or the “Company”) is pleased to announce that it has issued the remaining 4 million shares to Romios Gold Resources Inc. (“Romios”) 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 recently delivered Romios 4 million shares (total to date 12 million shares) subject to “lock-up” provisions where 1 million shares are restricted for 6 months, and 3 million shares are restricted for 12 months as of November 29th, 2021. The shares are also subject to a hold period of four months and a day from the date of issuance, in accordance with applicable securities laws.
To exercise its 100% option interest, Enduro is required to make a final $1 million cash payment by February 22, 2022. Romios will retain a 2% NSR on the property with a 5 km area of interest of which Enduro may reduce to 1% for a total of $4 million CAD at anytime."
About Enduro Metals
Enduro Metals is an exploration company focused on it’s flagship Newmont Lake Project; a total 654km2 property located between Eskay Creek, Snip, and Galore Creek within the heart of northwestern British Columbia’s Golden Triangle. Enduro entered into an option agreement to acquire 436km2 from Romios Gold Resources who has carefully amalgamated the area since 2005 from numerous smaller operators. The remaining 202 km2 is owned 100% by Enduro and was acquired via staking or cash purchase. Building on prior results, the Company’s geological team have outlined 4 deposit environments of interest across the Newmont Lake Project including high-grade epithermal/skarn gold along the McLymont Fault, copper-gold alkalic porphyry mineralization at Burgundy, high-grade epithermal/skarn silver/zinc at Cuba, and a large 9km x 4km geochemical anomaly hosting various gold, silver, copper, zinc, nickel, cobalt, and lead mineralization along the newly discovered Chachi Corridor.
All; Video from Deutshe Goldmesse conference November 2021. (Enduro attended this conference.)
Guest(s): Ronald-Peter Stoeferle Managing Partner, Incrementum
Why Gold Miners are set for their most profitable year ever.
Chico, All; 1. Financial Statements ((From Meeting materials/proxy solicitation)
from:
https://2tqa4b49kpko1glkgpzz0j9y-wpengine.netdna-ssl.com/wp-content/uploads/2021/11/Enduro-IC-SEDAR-FINAL.pdf
"The Company’s audited financial statements for the period ended September 30, 2020 will be placed before Shareholders at the
Meeting. These financial statements have been electronically filed with regulators and are available for viewing through the internet
on the SEDAR website at www.sedar.com. Copies of the financial statements will also be available upon request by any shareholder
who wishes to receive copies. To request copies, please contact the Company at: #202-1632 Dickson Ave. Kelowna, BC V1Y 7T2."
(I have not had a chance to review these but will try at a later time.)
Election of Directors
Cole Evans
Kelowna, BC
CEO and
Director
President and CEO of the Company since January 16,
2020. Co-founder of HEG & Associates Exploration
Services Inc. since November 2017. Geologist with
Colorado Resources Ltd. between April 2017 and
November 2017.
January 16,
2020
Total Shares Held 13,544,111(3)
Susanne Hermans
Colorado, USA(2)
Director Since June 2017, Ms. Hermans has been a director of
EURO Ressources S.A., a French company focused on
precious metal royalties. She has been a financial
accounting consultant since 2016 and in 2015 she was
controller and control and compliance lead, Orica North
America.
June 24, 2020 -
David Watkins
Victoria, BC(2)
Director Mr. Watkins has over 50 years of experience in the
mining industry, working as an exploration geologist and
a senior executive with major international mining
companies and junior exploration and development
companies. He has been a director of Golden Minerals
Company since July 2009, Euro Ressources SA since
October 2006 and Commander Resources Ltd. Since May 2007. March 21, 2020 -
Lawrence Roulston
Vancouver, BC(2)
Director Mr. Roulston has been the Managing Director of
WestBay Capital Advisors since October 2016 and has
been the CEO Mountain Boy Minerals Ltd. Since June
2018. He was President of Quintana Resources Capital
from July 2014 to October 2016.
June 14, 2019 258,000
Maurizio Napoli
Sudbury, ON
Director Maurizio Napoli has been the QP for the Company
since April 2019. He was the interim CEO and Vice
President of the Company from September 2019 to
January 2020. Until October 1, 2016 he worked with
Inco, IncoGold and Vale exploring for magmatic
nickel-copper sulphides globally, gold in the Abitibi
Greenstone Belt and uranium in New Brunswick. He
retired as an Exploration Manager from Vale in 2016
and since then he has provided consulting services
under Napoli Technical Services. Prior to his career
with Vale, he worked for 2 years with the Ministry of
Northern Development and Mines mapping the
numerous gold occurrences in the Fox Lake Belt near
Whitefish, ON.
January 16,
2020
826,667
Notes:
(1) The Common Shares beneficially owned, or over which control o
-----------------------------------------------------------
And:
voting for board of directors:
Susanne Hermans EURO Ressources S.A
David Watkins Golden Minerals Company
EURO Ressources S.A
Commander Resources Ltd.
Lawrence Roulston Mountain Boy Minerals Ltd.
Metalla Royalty & Streaming Limited
Palladium One Mining Inc.
Silver Hammer Mining Corp.
Thunderstruck Resources Ltd.
Chico: Dec 16 2021: ENDURO METALS CORPORATION NOTICE OF MEETING
AND MANAGEMENT INFORMATION CIRCULAR FOR
ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS OF
ENDURO METALS CORPORATION
TO BE HELD ON DECEMBER 16, 2021 At 10:00 am (Pacific Time)
This Management Information Circular (the “Circular”) is furnished to holders of common shares (the “Common Shares”, and such
shareholders, the “Shareholders”) in connection with the solicitation of proxies by or on behalf of the management of Enduro Metals
Corporation (the “Company” or “Enduro Metals”) for use at the annual and special meeting (the “Meeting”) of Shareholders to be
held at the offices of the Company at #202-1632 Dickson Ave. Kelowna, BC, V1Y 7T2 on Thursday, December 16, 2021 at 10:00
a.m. (Pacific Time) for the purposes set forth in the accompanying notice of the Meeting.
The board of directors of the Company (the "Board") has fixed the close of business on November 8, 2021 as the record date, being
the date for the determination of the registered Shareholders entitled to receive notice of, and to vote at, the Meeting (the "Record
Date").
Those attending the Meeting in person who are experiencing any of the described COVID-19 symptoms of fever, cough or difficulty
breathing will not be permitted to attend the Meeting. Those attending in person will be required to comply with the then current direction
and advice from federal, provincial and municipal levels of government concerning public gatherings. Note however that, in li ght of
ongoing concerns related to the spread of COVID-19 and the constantly evolving restrictions on the size of public gatherings which are
beyond the control of the Company, attendance at the Meeting in person may be difficult or not permitted. Accordingly, we en courage
you not to plan to attend the Meeting in person and instead ensure you vote by proxy.
The Company reserves the right to take any additional precautionary measures deemed appropriate in relation to the Meeting in response
to further developments in respect of the COVID-19 pandemic including, if considered necessary or advisable, hosting the Meeting
solely by means of remote communication. Changes to the Meeting date and/or means of holding the Meeting may be announced by
way of news release. Please monitor the news releases filed under the Company’s profile on the System for Electronic Document Analysis
and Retrieval ("SEDAR") website at www.sedar.com prior to the Meeting for the most current information. We do not intend to prepare
or mail an amended Circular in the event of changes to the Meeting format. (Snip)...
.....VOTING SHARES AND PRINCIPAL HOLDERS THEREOF
The Company is authorized to issue an unlimited number of Common Shares, of which 206,160,186 Common Shares are issued and
outstanding as of November 8, 2021. Persons who are registered Shareholders at the close of business on November 8, 2021 will be
entitled to receive notice of and vote at the Meeting and will be entitled to one vote for each share held.
To the knowledge of the Directors and executive officers of the Company, no person beneficially owns, controls or directs, directly or
indirectly, Common Shares carrying 10% or more of the voting rights attached to all shares of the Company. (Snip)...
Chico; Thanks! I do believe so and at the surface! They have a facebook post August 2.
https://www.facebook.com/pg/Endurometals/posts/
"We love copper! Enduro’s chief operating officer, Dylan Hunko prospects at one of our upcoming drill targets this season, Green Rock. Located on Burgundy Ridge, this malachite covered hillside is host to an exceptional 37m channel sample containing ore grades of copper, gold, silver and zinc."
Great picture of malachite structures sticking ouf of a mountain side. (Tried but could not post the picture!)
They are pretty young which is sort of attractive. They have also put a lot of their own money into this effort.
Funding, I think, was the reason for the trip to Frankfurt Deutsche Goldmesseand Switzerland last week.
At this point I have a small position just to have some exposure to copper and gold. (REEs are covered at this point!) I will keep watching and see what happens!