Endurance Reports Five Additional Gold Drill Intersections – Steep Dipping Eagle Feed Structure Confirmed With 7.58 gpt Gold Over 11.9M

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Endurance Gold Corporation (EDG – TSX.V; ENDGF – Pink OTC; 3EG – Frankfurt) (the “Company“”Property”) in southern British Columbia. The property accessible by road is located 4 kilometers (“kilometers”) east of the village of Gold Bridge and 10 km north of the historic Bralorne-Pioneer gold mining camp which produced over 4 million ounces of gold. The Company has now completed twenty-four (24) diamond drill holes in 2022 for 5,307 meters (“m”) with results reported to date from ten drill holes.

The assay results reported here are from five (5) gold intercepts in three (3) diamond drill holes completed on the Eagle Zone. A primary objective of the 2022 diamond drill program is to test the mineralized feeder structures below the shallow dipping Eagle Zone and near surface. Highlights of the drill results include:

  • DDH22-031 intersected three gold mineralized intervals within 100 meters of surface. The hole came back:
    • 3.73 grams per tonne (“gpt”) of gold over 14.0 m, including 6.08 gpt gold over 4.0m the Eagle Zone;
    • 2.44 gpt gold over 20.0 m, including 5.99 gpt gold over 4.0m of a previously unrecognized zone interpreted to be sub-parallel to the Eagle zone (the “lower eagle”);
    • 7.58 gpt gold over 11.9m, including 10.38 gpt gold over 6.0m of a recently discovered porphyry quartz-feldspar brecciated dyke, interpreted as a “feeder structure” to the Eagle zone. A base photo of part of this intersection is shown in Figure 4.
  • In DDH22-031, the feeder structure is located 80m southeast of previously reported drill hole DDH21-020 which returned 15.7 gpt gold over 24.8m(see press release of January 12, 2022).
  • DDH22-030 drilling tested through the Eagle South Supply Zone Target Zone Structural Corridor (the “South Eagle Area”). The hole crossed successfully 4.37 gpt gold over 14.0 m, including 9.09 gpt gold over 5.5m of a brecciated quartz-feldspar porphyry dyke in the horizon of the Eagle zone. This dyke is interpreted as the same “feeding structure” intersected in DDH22-031.
  • DDH22-030 also successfully intersected the 25m wide 024 Vein and the 35 m wide 027 Vein in the south area of ​​Eagle. Both veins have associated anomalous gold mineralization on this section. 70 m west of the 024 Vein intersection, a mineralized breccia returned 8.41 gpt gold over 12.0 m of DDH22-024 along the western margin of the 024 Vein (see press release of July 18, 2022). 70 m southeast of the 027 Vein intersection, a mineralized breccia on the eastern margin of the 027 Vein returned 4.16 gpt gold over 30 m including 8.31 gpt gold over 11.9 m of DDH22-027 ( see the press release of August 8, 2022). The northwest trending 024 and 027 veins consist of cracked and brecciated quartz veins which are high priority feeder targets in the current drilling program.
  • DDH22-029 was drilled from the same bedrock as DDH22-027 and DDH22-028 (see the press release of August 8, 2022) to test the Eagle area. The hole returned a gold intersection near the surface of 2.13 gpt gold on 15.2 Mr.
  • Southeast of these reported gold intersections, encouraging zones of mineralized breccia were intersected in drill core from holes DDH22-035, DDH22-036, DDH22-037 and DDH22-038 (assay results pending). These diamond drill holes are located near reverse circulation drill hole RC22-078 which returned 3.89 gpt gold over 30.48m (see press release of June 28, 2022). Following these encouraging results and observations, the diamond drill rig has now begun testing the next 200m southeast extension of the Eagle South Zone which remains open laterally and at depth.

“We are now confirming several excellent gold intersections related to the steeper veins and feeder structures in the Eagle area. The assay results received to date and the observation of additional mineralized intersections at depth encourage us to confirm a robust gold mineralization system.commented Robert T. Boyd, CEO of Endurance Gold. “These results warrant an increased drilling effort that will continue throughout 2022 and 2023 to extend this gold system at depth and along strike, within this largely undrilled epizonal gold system.

As reported on August 8, 2022, drilling at the Eagle South Zone has identified several quartz vein zones with estimated horizontal widths ranging from from 5 to 52 meters. The most important veins with associated mineralization to date are the 024 Vein and 027 Vein. These quartz veins show an invading cracked breccia texture with gold-arsenopyrite mineralization concentrated in more intense cataclastite brecciation along the margins of the quartz veins. Several gold mineralized feeder structures are now observed in the Eagle South zone.

The Eagle South Zone is approximately 150m wide and at least 400m long, bounded by the shallow-dipping Eagle Zone to the northeast and the steeply-dipping Royal Shear Fault to the southwest, and east open along strike and to depth below the southwest dip. Royal Shear (see Figure 2). The Eagle South Zone is a zone of brittle-ductile deformation and strong invading ankerite-sericite alteration with four brecciated quartz veins identified to date. The length and depth potential of each of these brecciated quartz veins is currently unknown and the distribution of the gold and arsenopyrite-rich margins of these breccia zones is still poorly understood. Of the 24 holes completed, assay results are pending on an upper zone of mineralization in DDH22-025 and for holes DDH22-033 to DDH22-046.

The location of the twenty-four (24) diamond drill holes completed to date in 2022 is shown in Figure 1. An interpretation of the geology and locations of the gold zones for DDH22-030 and DDH22-031 is presented on a cut Figure 2. A longitudinal projection along the Imperial, Diplomat and Eagle zones showing gold intersections to date and potential for exploration at depth along the Royal Shear is shown in figure 3. The 2022 diamond drill assay results reported to date are summarized in Table 1 below. A schematic geological interpretation of the Eagle area is available on the company’s website in the maps section. The complete table of precedents CR and diamond drill results are summarized on the Company’s website.

Endurance Gold Corporation is a company focused on the acquisition, exploration and development of highly prospective North American mineral properties with the potential to develop world-class deposits.

ENDURANCE GOLD SOCIETY

Robert T. Boyd
FOR MORE INFORMATION PLEASE CONTACT
Endurance Gold Society
(604) 682-2707, [email protected]
www.endurancegold.com

Diamond drill core has been logged and evaluated on the property and samples have been designated for collection under the supervision of a geologist on the property. Drilling was completed with NQ size tools capable of collecting core 4.76 centimeters in diameter. The drill core was cut using a diamond saw, with half of the core sent for analysis and the remainder retained for future study. Sampling intervals were generally 2 meters in core length and intervals were shortened for changes in lithology or alteration. All drill core samples were submitted to ALS Global in North Vancouver, British Columbia, an ISO/IEC 17025:2017 accredited laboratory, where they are ground to 70% ppm”) gold is reanalyzed by Au-GRA21 methodology and antimony above the limit returning more than 10,000 ppm Sb is reanalyzed by Sb-AA08 methodology. Endurance Gold monitors QA/QC by inserting blanks, certified standards and duplicate pastes into the sample stream. National Instrument 43-101. Mr. O’Brien has reviewed and approved this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. This press release may contain forward-looking statements based on management’s assumptions and judgments regarding future events or results that may prove to be incorrect due to factors beyond its control, and actual results may differ materially from results. expected.

Figure 1: Eagle Zone and Eagle South Zone – 2022 Diamond Drill Hole Locations

Figure 2: Eagle Zone and South Eagle Zone – DDH22-030 and DDH22-031 Cross Section

Figure 3: Reliance Property – 1.5 Kilometer Royal Shear Target – Vertical Longitudinal Section

Table 1: 2022 Diamond Drilling – Significant Assay Results

Figure 4: “Feeder” brecciated vein of DDH22-031 – (7.58 gpt Au over 11.9 m)
NQ Core Photo from 126.8m to 129m downhole

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