Endurance Gold CEO Robert Boyd: Profitable Maiden Diamond Drilling Program at Reliance Gold Undertaking


In response to Endurance Gold (TSXV:EDG) CEO Robert Boyd, the corporate’s maiden diamond drilling program at its Reliance gold property in Southern BC was very profitable, with 16 of twenty-two drill holes returning important gold intersections.

Out of those, 4 drill holes returned gold intersections with very spectacular numbers.

“We accomplished 22 holes. Sixteen of them had intersections in extra of 10 gram meter product — very encouraging intervals — and 4 of these had values exceeding 100 gram meter product,” Boyd mentioned.

He additionally shared that this implies a possible to develop at depth, and mentioned the corporate is chasing a high-level orogenic gold system. That is important because the undertaking is close to the Bralorne-Pioneer mine, which has already produced over 4.2 million ounces of gold.

In a press launch, Boyd mentioned the drilling program on the Eagle zone signifies near-surface high-grade gold intervals that now considerably develop Reliance’s exploration potential. The unique Imperial zone and up to date discoveries on the Eagle, Eagle South and Diplomat zones exhibit potential for additional development, in line with the CEO.

“Our long-term imaginative and prescient is to in the end uncover a multimillion ounce gold system. Our purpose is to discover and discover the bounds of the system with diamond drilling, after which establish the zones that we are able to begin dedicating a number of rigs. We purpose to construct what we uncover right into a useful resource stage over the subsequent couple of years, and we have simply introduced a rise in financing to C$3 million.”

Watch the total interview of Endurance Gold CEO Robert Boyd above.

Disclaimer: This interview is sponsored by Endurance Gold (TSXV:EDG). This interview offers data that was sourced by the Investing Information Community (INN) and authorized by Endurance Goldwith a purpose to assist buyers study extra concerning the firm. Endurance Gold is a shopper of INN. The corporate’s marketing campaign charges pay for INN to create and replace this interview.

INN doesn’t present funding recommendation and the knowledge on this profile shouldn’t be thought-about a suggestion to purchase or promote any safety. INN doesn’t endorse or advocate the enterprise, merchandise, providers or securities of any firm profiled.

The data contained right here is for data functions solely and isn’t to be construed as a suggestion or solicitation for the sale or buy of securities. Readers ought to conduct their very own analysis for all data publicly accessible regarding the firm. Prior to creating any funding resolution, it is suggested that readers seek the advice of instantly with Endurance Gold and search recommendation from a professional funding advisor.

This interview might include forward-looking statements together with however not restricted to feedback concerning the timing and content material of upcoming work packages, receipt of property titles, and many others. Ahead-looking statements deal with future occasions and circumstances and subsequently contain inherent dangers and uncertainties. Precise outcomes might differ materially from these at present anticipated in such statements. The issuer depends upon litigation safety for forward-looking statements. Investing in firms comes with uncertainties as market values can fluctuate.


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