Endurance Gold Launches Major 10,000-Meter Drilling Program at Reliance Gold Property
TL;DR
Endurance Gold CEO announces commencement of significant drilling program, aiming to expand gold zones and achieve milestones.
Planned 2024 program involves up to 10,000 meters of diamond drilling to expand gold zones discovered within the Royal Shear.
This drilling campaign has the potential to unlock the full potential of the Reliance Gold Property, leading to significant milestones in the coming months.
Exploration crews have been active on the site since May, conducting target generation field work, environmental baseline studies, and community consultations.
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Endurance Gold Corporation has commenced an extensive 10,000-meter diamond drilling program at its Reliance Gold Property in southern British Columbia, representing a substantial commitment to expanding the property's gold resources. The five-month program marks a significant advancement in the company's exploration strategy, building upon previous successful drilling campaigns that yielded promising gold intersections. The property's strategic location just 4 kilometers east of Gold Bridge and 10 kilometers north of the historic Bralorne-Pioneer Gold Mining Camp positions it within a region with proven gold production potential.
The nearby Bralorne-Pioneer camp has historically produced over 4 million ounces of gold, providing strong geological context for the current exploration efforts. Robert Boyd, Endurance Gold's CEO, emphasized the program's importance in unlocking the full potential of the Reliance Gold Property, specifically targeting expansion of gold zones within the Royal Shear structure both at depth and along strike. This systematic approach follows three years of successful exploration that included 82 diamond drill holes, with several intersections exceeding 10 grams per meter of gold.
The current drilling initiative has begun at the Imperial Zone, where the company plans to complete four to six drill holes designed to extend high-grade mineralization. The road-accessible nature of the property provides logistical advantages that could enhance operational efficiency and reduce costs. Comprehensive preparatory work has been underway since May, including target generation field work, environmental baseline studies, and community consultations, demonstrating the company's thorough approach to exploration.
The success of this drilling campaign could have significant implications for both the company and the regional mining industry. Positive results may lead to increased investment in British Columbia's mining sector and create new economic opportunities while contributing to global gold supply. The mining community and investors will closely monitor the program's outcomes, which could shape future gold exploration strategies in this historically productive region.
Curated from News Direct
