Junior Miner Soars After Impressive Drill Results

2025-06-23 14:07:00 ET

On an otherwise quiet day in the broader markets, one mining company grabbed investors’ attention with a strong announcement, sending its shares sharply higher.

Endurance Gold Corp. (TSX-Venture: EDG) (OTCQB: ENDGF) announced earlier this morning strong assay results from its first 2025 drill hole at the Reliance Gold Project.

Highlights of the assay results included drill hole DDH25-109 from the Imperial Zone returning a strong intersection of 6.74 gpt gold and 0.16% antimony over 21.8 meters, including a higher-grade core of 10.11 gpt gold and 0.25% Sb over 12.4 meters, located 65 meters up-dip from a previous hole.

This result confirms the discovery of a wide, high-grade portion of the Imperial Zone at depth with excellent sample-to-sample continuity and demonstrates continuous mineralization from surface to 530 meters down-dip.

Additional high-grade intercepts, including 54.90 gpt gold over 0.8 meters, and confirmation of the Lower Imperial "Gabbro" Zone extension, support the presence of thick, gold-bearing gabbroic sequences, with the mineralized system remaining open in all directions for further expansion.

"The impressively mineralized Royal Shear structure continues to deliver with another excellent drill intersection," stated Robert T. Boyd, President & CEO of Endurance Gold Corporation. "These results from DDH25-109 fall within the top ten best intersections drilled to date at Reliance and this hole continues to grow the size and tonnage potential along the 1.5 km strike and 1.1 km vertical extent of the Royal Shear gold-antimony system."

Shares of EDG were up 13.16% at $0.215 while U.S. listed shares (ENDGF) were last trading up 18.57% at $0.166 in early-afternoon trading.

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