For thousands of other reports visit RSC's Mineral Intellingence Map
Endurance Gold Corp.
Summary
| Project: | Elephant Mountain | |
|---|---|---|
| Deposit: | Elephant Mountain | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 12/8/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-12-2016: Endurance Gold Corp. announces an Exploration/Drilling Update report for its Elephant Mountain deposit at the Elephant Mountain project. Drilling results incl. 147.1m @ 0.49g/t Au. Endurance Gold Corporation (EDG – TSX.V, “Endurance”) is please | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Boyd (Not Stated) | |
| ABSTRACT: | Endurance Gold Corporation (EDG – TSX.V, “Endurance”) is pleased to announce further assay results from the 2016 drill program on its 100% optioned Elephant Mountain Gold Property in Alaska, located on roads about 76 miles (123 kilometres (“km”)) northwest of Fairbanks. As announced on September 27, 2016 three (3) diamond drill holes were completed on the South Zone and one diamond drill hole was completed on the North Zone for a total of 598 metres (“m”) drilled. 1.4 km north of the South Zone discovery (announced on October 31, 2016), drilling at the North Zone has successfully confirmed a wide intersection of 0.40 grams per tonne gold (“gpt Au”) over 147.1 m including a 0.63 gpt Au over 48.2 m confirming the existence of gold-rich alteration system associated with elevated arsenic. At this North Zone Target, intermittent exposures of outcrop define a one square km alteration zone on surface consisting of disseminated pyrite-arsenopyrite in pervasively silicified, sericite, and clay altered granodiorite associated with a gold-arsenic soil anomaly. This area was previously drill tested by Placer Dome Inc. and others (“PDI”) in which a drill section of six drill holes indicated a large volume of rock exceeding 550 m across and 100 m vertical depth that exceeded 100 parts per billion (“ppb”) gold, hosted in pervasively silicified, sericite, and clay altered granodiorite similar to alteration and mineralization observed on surface. The North Zone drill section with histogram gold results is attached to this press release or can be viewed at www.endurancegold.com. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report