Vancouver - October 21, 2010 - Endurance Gold Corporation (EDG - TSX.V, "Endurance") is pleased to announce that it has recently acquired, through its US subsidiary by staking, a 100% interest in the Vana Property consisting of 22 Alaska State mineral claims encompassing over 3,200 acres. The Vana property is located adjacent to Tolovana Hot Springs Dome ("THSD") which is 19 miles southwest of the community of Livengood, Alaska. The Vana claims were located to cover six catchment areas which together returned encouraging arsenic, bismuth, and silver geochemical anomalies in stream sediment samples that drain the Tolovana Hot Springs Dome. The stream sediments were collected in 1982 and re-analysed by the State of Alaska Division of Geological and Geophysical Surveys in 2005, through an industry partnership ("2005 DGGS Survey").
In the THSD area, nineteen stream samples were anomalous, with the highest reported values from the 2005 DGGS Survey at 141 ppm arsenic, 2.95 ppm bismuth and 1.13 ppm silver. Arsenic, bismuth and silver are often pathfinder geochemical elements associated with intrusive-related gold mineralization. These results encompass a combined catchment area of about five by three kilometers that is anomalous in the pathfinder elements for gold.
No geological mapping has been completed by Endurance on the Vana property. Based on previous mapping in the public domain, the THSD area is underlain by Oligocene to Paleocene-aged granitic rocks. The THSD area has not been glaciated and therefore, the stream sediment anomalies are currently interpreted to represent a source area within the combined catchment area around the Tolovana Hot Springs Dome. A program of grid-based soil sampling and prospecting is planned for the 2011 field season.
Robert T. Boyd, P.Geo. is a qualified person as defined in National Instrument 43-101 and supervised the compilation of the information forming the basis for this release.
ALS Chemex performed all geochemical analyses on the pulps for the 2005 DGGS Survey. Geochemical samples were analyzed for gold using atomic absorption spectrometry (AAS) following a fire assay fusion. Samples (0.50 grams) submitted for mercury analyses were digested with aqua regia for at least one hour in a hot water bath. After cooling, the resulting solution was diluted to 12.5 ml with demineralized water and mixed. A portion of the sample was treated with stannous chloride to reduce the mercury. The resulting mercury was volatilized by argon-purging and measured by atomic absorption spectrometry (AAS). All other geochemical analyses (47 elements) were performed by a combination of inductively coupled plasma-atomic emission spectroscopy (ICP-AES) and inductively coupled plasma - mass spectrometry (ICP-MS) methods after HF-HNO3-HClO4 acid digestion and a HCl leach. A prepared sample (0.500 gram) was digested with perchloric, nitric and hydrofluoric acids to dryness. The residue was taken up in nitric and hydrochloric acids and diluted to a final volume with deionized water. The resulting solution was analyzed by inductively coupled plasma-atomic emission spectrometry (ICP-AES).
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