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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 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, Cuba and Ken Porphyry. Chachi covers a wide area east of the Newmont Lake Gold Corridor along the Eskay Rift. The Cuba Project is a series of polymetallic, high-grade silver, gold, zinc, copper, and lead occurrences.


TSXV:ENDR - Post by User

Post by astrorbiton Oct 03, 2022 12:58am
560 Views
Post# 35000843

So.2021 results were uneconomic.2022 Drill program STOP!

So.2021 results were uneconomic.2022 Drill program STOP!This management has now proven it. Results have been "shadowed" 

How ceo managed to finance with major investors in May.When were the results in hand?

The major investors looking like amateurs. 

The early stoppage of 2022 is not a good sign either. Enduro saying 10,888 is the most ever drilled BUT wasn't it supposed to be 3x 18,000?

10k was 2021 and only 7000m

At a pace of 10k a year and 3 months of drilling per year this company will sell at bargain basement prices.

This company is now in cash preservation mode.

There must be 5-7M left.

One development is that enduro claimed more land.

Aug 11 2022.
+4000 meters drilled
9 diamond drill holes completed

12 shipments of core delivered to the lab


SO. Early results could be imminent.

BUT with enduro imminent means nothing.

Look at another company G*T in the golden triangle.Partial assays but news flow.



 
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