Enduro Metals is focused on its Newmont Lake property in the heart of British Columbia’s Golden Triangle. A significant copper gold porphyry discovery was made at Burgundy Ridge in 2021, with the discovery hole returning 331m of 0.71% CuEq from surface. The company recently completed its 2022 exploration program which focused on expanding the mineralized footprint of the Burgundy porphyry, and included 11,000 meters of diamond drilling. First assay results from this program are expected imminently.
Management Ownership – 7.2%
The company is seeking to introduce itself to UK and European investors looking for exposure to copper and gold investments in a safe jurisdiction, following the completion of the largest drill program undertaken on the Newmont Lake property to date.
We would like to highlight the first assay results from the 2022 drill program, expected early November. 2022 was the largest drill program to date with a total of 10,888m of diamond drilling completed over 25 drill holes, building off of the Burgundy 2021 discovery hole.
Receipt and interpretation of 2022 drill results
Geological modeling focused on Burgundy, planning for 2023 exploration program, and securing finance to enable a large-scale drill program up to 20,000m.
Continue to expand mineralized footprint of Burgundy system. Building relationships with potential mining partners for project development.