News Release 06-20
Endurance Gold Corporation (EDG - TSX.V) is pleased to update developments on the Pardo Property, located 65 kilometres northeast of Sudbury, in east-central Ontario. Endurance is earning a 100% interest in the property by making cash payments of $100,000 and issuing 200,000 shares over a four year period.
On September 11, 2006, Endurance announced the results of a surface channel sampling program (see Endurance News Release 06-19) that included a 13 metre continuous channel sample grading 3.52 gpt Au. These results represent the best values returned to-date from the flat lying basal Proterozoic conglomerate on the property, and demonstrate the potential for ore grades over mineable widths from this prospective geological setting.
Endurance has recently completed staking an additional 60 units to the north, east and west of the original property position, enlarging the total property to 144 units, or 2,304 hectares. The enlarged property covers approximately 24 square kilometres of the prospective stratigraphic target. An excavator and surface sampling crew will re-mobilize to the property on September 25 of this year, to complete an additional approximately 4000 square metre stripping and surface sampling program, along the immediate width and strike length extensions to the interval grading 3.52 gpt Au over 13 metres. The target areas include zones which have returned humus geochemical values to 99 ppb Au.
In addition, a line-cutting crew will immediately commence cutting a 21 line-kilometre grid on the property, to provide control for the on-going exploration programs.
Duncan McIvor, P. Geo., is the Qualified Person under national Instrument 43-101, and is responsible for the content of this news release.
ENDURANCE GOLD CORPORATION
President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT EITHER
Duncan McIvor (604) 682-2707, or Jeffrey Wilson, Corporate Communications (604) 868-0225, or visit our website at www.endurancegold.com
The TSX Venture Exchange or any other regulatory authority has not reviewed, and does not accept responsibility for, the adequacy or accuracy of this news release.