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.
