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endurance gold corp (EDG) Details

Endurance Gold Corporation is engaged in the acquisition, exploration, and development of mineral properties in North America. It focuses on the exploration of gold, rare earth minerals, nickel, and copper metal deposits. The company’s properties include Bandito property located in Yukon, British Columbia; Fuego property located in the Watson Lake District, Yukon Territory; Vana property in Tolovana Mining District, Alaska; Rattlesnake-Natrona gold project situated in Wyoming; Pardo property in Ontario; and Nechako gold property located in British Columbia, as well as McCord and Elephant Mountain gold properties in Alaska. It also has an option to earn a 100% interest in the Elephant Mountain gold property in Alaska. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

Founded in 2003

endurance gold corp (EDG) Top Compensated Officers

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Compensation as of Fiscal Year 2013.

endurance gold corp (EDG) Key Developments

Endurance Gold Corporation Provides Update on Pardo Joint Venture Property

Endurance Gold Corporation announced that the operator of the Pardo Joint Venture property has provided an update on exploration activities underway at the company's Pardo JV property, located approximately 65 km northeast of Sudbury, Ontario. The Pardo JV program of prospecting, stripping, washing and channel sampling new areas has advanced favourably, with several new promising areas uncovered. Diamond drilling has also commenced and this drilling program is near completion. The large diameter hammer drill program is expected to start shortly, and the radon gas survey is also nearly complete. A new area of surface mineralization named the 1214/Trench 2 Connection area has been uncovered between the Eastern Reef and the original Trench 2 discovery area. Assays for five channels cut across the 1214/Trench 2 Connection area have been received. Six additional channels remain with assays pending. Summaries of length weighted averages for the first 5 channels. Due to the near flat lying nature of the sedimentary strata, it is not always possible to cut samples across the gold-bearing strata. Samples are usually collected either parallel or perpendicular to the interpreted paleochannel direction. Therefore the channel lengths reported in this release represent the gold distribution over the surface area sampled and do not represent true thicknesses of the mineralized unit. The gold-bearing conglomerate on the Eastern Reef has a true thickness of approximately 6 metres. The gold bearing conglomerate at the 1214/Trench2 area is estimated to be 3 to 5 metres thick. In addition to these areas, channel samples have been taken at the 007 South Extension and the Western Reef Extension. At the 007 South Extension, three short channels totaling 6.5 metres in length have been cut and assays are pending. This new area was initially tested with nine grab samples that retuned gold grades ranging from trace to 117 g/t and averaging 18.0 g/t. At the Western Reef Extension located 2 km southwest of the Eastern Reef, 11 channels totaling 119 metres have been cut. All assays for these samples are pending. Initial grab samples from this new area yielded up to 3.9 g/t gold. To date 17 diamond drill holes have been completed largely in the 007, Eastern Reef and Western Extension areas. Eleven of these holes have been logged and 250 samples taken for assay. All of the drill assay results are pending. The remaining 6 holes will be sampled in the coming days. Further diamond drilling in support of the ongoing gold study is planned. The large diameter hammer drilling component of the gold study is about to commence. This drilling uses a percussion rig to drill six-inch diameter vertical holes, and collect large samples through the flat-lying mineralized conglomerate primarily on the 007 Zone and the Eastern Reef. The drilling activity related to the gold study is being conducted under the direction of Mr. Jim Tilsley, a recognized expert in determining best sampling protocols for gold resource estimation. The results of this work will provide important parameters for planning future resource drilling.

Ginguro Exploration Inc. Reaches an Agreement to Settle All Aspects of its Dispute with Endurance Gold Corporation Regarding Pardo Joint Venture

Ginguro Exploration Inc. announced that it has reached an agreement to settle all aspects of its dispute with Endurance Gold Corporation regarding the Pardo Joint Venture. As a result of the settlement, the ongoing arbitration between the parties has been terminated. The parties have agreed that Ginguro owns a 64.5% interest in the joint venture and Endurance owns a corresponding 35.5% interest in the joint venture. Endurance will pay Ginguro $100,000 towards past exploration expenditures. Both Ginguro and Endurance are pleased with the settlement of the dispute and arbitration matters and look forward to the continued advancement of the joint venture, in particular the exploration activities being conducted under the 2014 Program. Both companies are funding the current program in line with their respective joint venture ownership interests.

Endurance Gold Corp. Announces Results and New Discoveries from Pardo Gold Joint Venture

Endurance Gold Corp. announced that the operator of the Pardo Joint Venture property ("Pardo JV Property") has informed Endurance that additional channel sampling of the Eastern Reef Zone has been completed, and new areas of previously unknown surface gold mineralization have been identified on the Pardo JV property. Highlights from the Eastern Reef results include a sequence of 170 channel samples that assayed 2.9 grams per tonne ("g/t") gold over 85 metres and, a new zone of mineralized conglomerate with a grab sample assaying 117 g/t gold. The Pardo JV Property is comprised of 16 claims located approximately 65 km northeast of Sudbury, Ontario. It is anticipated that the study, which will include drilling of new boreholes as well as special large diameter holes, will establish the technical framework for future drilling to assist in defining any mineral resource.


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