Mining News: News Nuggets: Endurance Gold samples Elephant Mountain

Endurance Gold Corp. Nov. provided results from the 2015 exploration program at its Elephant Mountain gold property about 76 miles west of Fairbanks, Alaska. To date, exploration has confirmed an intrusive-hosted target area of at least 1,800 meters by 600 meters that encompasses two soil and rock sample gold anomalies – North and South zones – and an untested induced polarization chargeability anomaly located between the two soil anomalies. In 2015, 207 power-assisted auger soil samples were completed to an average depth of 1.22 meters. Together with auger samples collected in 2014, Endurance has completed a grid of 247 soil samples on the South Zone target. The company said these samples, with peak values up to 320 parts per billion gold, together with shallower soil samples collected in 2013, have confirmed a continuous 1,000-meter-long soil anomaly exceeding 100 ppb gold, which remains open for expansion. Associated with the gold-in-soil anomaly are coincident arsenic and antimony. In 1991, Placer Dome Inc. collected a grab sample from the South Zone that assayed 12 ounces of gold per ton. During it tenure, Placer Dome drilled 10 holes at Elephant Mount in 1992. The best of the holes of this historical drilling cut 99.4 meters of 0.51 grams per metric ton gold at North Zone.

- Shane Lasley