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Enduro Metals Corp V.ENDR

Alternate Symbol(s):  ENDMF

Enduro Metals Corporation is a Canada-based exploration company focused on its flagship Newmont Lake Project. The Company is engaged in the identification, acquisition, and exploration of prospective mineral properties in Canada. The Newmont Lake project is a 688 square kilometers (km2) property located between Eskay Creek, Snip and Galore Creek within the heart of northwestern British Columbia’s Golden Triangle. The Company’s other projects include Burgundy and McLymont. The Burgundy Project is a 206km2 area that the Company views as being prospective for alkalic copper-gold porphyry deposits. The Company's McLymont Project covers an approximately 70 km2 area that it views as being prospective for high-grade gold deposits. The Company also has an interest in Chachi, North Toe and Ken Porphyry.


TSXV:ENDR - Post by User

Post by VENManon Aug 03, 2020 8:12pm
151 Views
Post# 31358966

NW Zone

NW ZoneFrom our last news release dated July 28/2020 it stated:

Dramatic changes to mineral economic factors resulting from gold prices increasing by 2.5x since time of drilling, gold prices increasing by 4.0x since historic resource estimates, and the construction of a hydroelectric powerplant 16km from the historic NW Zone leads the Company to believe that there is significant potential for more gold of economic interest within the historic NW Zone, in addition to extensions and new targets identified in the immediate area.

This reminds me of an interview with Ian Telfer where he said something like, If you drill a hole when the price of gold is low and you can't make money at that level you stop drilling and as a result you never know how much gold was actually there. 

GLTA! All IMO! always DYODD!! 
 


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