TSXV:ENDR - Post Discussion
Post by
VENMan on Sep 16, 2020 8:55am
News out Today!
ORIGINAL: Enduro Metals Expands the Newmont Lake Project, Adjacent to Chachi Corridor in NW BC's Golden Triangle
2020-09-16 08:40 ET - News Release
Kelowna, British Columbia--(Newsfile Corp. - September 16, 2020) - Enduro Metals Corporation (TSXV: ENDR) (OTC Pink: SIOCF) (FSE: SOG) ("Enduro" or the "Company") is pleased to announce the Company has increased its landholdings at its Newmont Lake Project immediately adjacent to the Chachi Corridor; an area identified by the Company in 2019 as an 10km x 4km area of interest as a multi-element, hydrothermal system previously undiscovered.
The Company acquired 100% interest in a total of 3,811 hectares of mineral claims. Enduro self-staked a total of 2,028 hectares while the remaining 1,783 hectares were purchased with cash from Spearmint Resources for $25,000 CAD ($18,970 USD) (subject to final transfer of claims on BC Mineral Titles Online). This increases the total area of the Newmont Lake Project to approximately 638 km2 (total of 63,858 hectares). The newly expanded area has geological similarities to the Chachi Corridor and contains known high-grade copper mineralization on surface at the More East mineral occurrence but has not seen exploration since 1990
All IMO always DYODD!!!
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