Enduro Metals Corp. (ENDMF)

[Middleborder]

All; 10,000 Metres Drilling Campaign at Newmont Lake

June 30th, 2021, Kelowna, British Columbia – Enduro Metals Corporation (TSXV: ENDR OTCQB: ENDMF FSE: SOG-FF) (“Enduro Metals” or the “Company”) is pleased to announce the Company has mobilized field crews for a fully-funded 10,000 metre diamond drilling program this summer within the Company’s 654 square kilometre Newmont Lake Project situated in the heart of BC’s prolific Golden Triangle.

The exploration program will also include a deep penetrating ORION SWATH and a Titan magnetotelluric (“MT”) ground-based geophysical surveys by Quantec Geoscience. Combining deep penetrating IP (“Induced Polarization”) and MT technologies has never been conducted on the Newmont Lake Project. This approach is aimed at delineating the scalability of several target areas on the property as these two geophysics systems combined provide a detailed image of geophysical responses at depth.

Several infrastructural improvements have also began including upgrades to the Company’s airstrip to allow for larger aircraft, several structural improvements have also begun for an anticipated extended drilling campaign, wildlife, and environmental baseline studies to extend the permittable drilling timeframe, and surveying work to establish an improved winter road into the Newmont Lake Camp.

The fully-funded drill program is designed to test the highest priority targets resulting from 2.5 years of extensive grassroots exploration and research. Included in the campaign will be the first-ever drilling of the Chachi Central Zone (“CCZ”), Havana, and Burgundy’s Green Rock Breccia; all of which are targets identified by the Company as being prospective for large-scale, multi-element grassroots discoveries.

Site mobilization has already commenced which includes our professional geological team. Our CEO, Cole Evans & COO, Dylan Hunko are currently onsite ground truthing drill targets and supervising preparations. The drilling team is expected to arrive by the end of this week. The first drill targets are located in the Chachi Corridor.

Enduro’s President & CEO Cole Evans states, “The 2021 exploration season is an amalgamation of everything our technical team has learned over the past 2.5 years of systematic exploration across our large land package. We are focused on testing targets we believe have the highest potential of being a top-tier exploration discovery in one of the hottest mining/exploration jurisdictions in the world. The road to this point has not been quick or easy, but it has positioned Enduro to have an exceptional exploration season purpose built to put the scale, optionality, and mineral endowment of the Newmont Lake Project on the radar of the world’s biggest mining companies.”

Cole’s Notes Episode 1: ‘Drilling Equipment Mobilization – Gearing up for Newmont Lake’s Biggest Exploration Season’ – Enduro’s 2021 Video Series:

A Message from MSALAB’s about their New Preparation Facility

Turnaround time is critical for exploration companies to deliver efficient programs. The faster data comes back the quicker the understanding of the next piece of the orebody puzzle. 2020 created additional unknowns with the advent of COVID and the resultant operating and sourcing constraints for labs and exploration companies globally.

MSALABS has responded with ‘More’

More crushing capacity in Terrace, BC
More space at the Preparation Laboratory in Terrace, BC
More pulverizing capacity in Langley, BC, including a third Automated Batch Mill
More Fusion Furnace capacity
More Mass Spectrometry capacity
More shifts – fewer people in the lab at one time – less COVID exposure
Lifted COVID-19 restrictions in British Columbia as of July 1st, 2021

MSALABS has added a lot ‘More’ to produce safely and efficiently. So, our clients get ‘Less’ time between the samples arriving at our labs and the data being returned; so, the Geologists can piece together the puzzle faster.

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