Endurance’s Ongoing Drill Program at the Reliance Gold Property Identifies New Zones

Additional As-enriched mineralization has also been identified at the Eagle Zone where step out drilling from the encouraging 2020 RC drill holes is ongoing.

The two most significant pXRF results reported in this release include: 2,294 parts per million at the Eagle Zone and 10,472 ppm pXRF As over 4.6 m from a new mineralized structure at the Diplomat Zone.

As reported on January 6, 2021, the pXRF technique does not report quantifiable gold but previous work by the Company has shown that arsenic has a strong positive correlation with gold mineralization on the Reliance Property.

Treasure Prospect pXRF Results – The Treasure Prospect is located within the 1.2 km long broad iron carbonate alteration envelope of the Royal Shear, 465 m northwest of the Imperial Zone and 875 m northwest of the Eagle 3 outcrop area at the Eagle Zone.

Diplomat Zone pXRF Results – The Diplomat Zone is also located within the 1.2 km long broad iron carbonate alteration envelope of the Royal Shear, 170 m northwest of the Imperial Zone and 625 m northwest of the Eagle 3 outcrop area at the Eagle Zone.

The RC holes that did not intersect pXRF As intervals at the Eagle Zone were either designed to close off the system to the northwest and primarily drilled in the footwall of the shallow dipping Eagle Zone or are interpreted to have intersected a wide feldspar porphyry dyke which intrudes through the zone at one hole location.

As part of the current RC drill program, further RC holes are being considered for the Treasure Prospect, Diplomat and Eagle.

Eagle Zone Geology – The furthest southeast road cut outcrop exposure of the Eagle Zone, namely the Eagle 3 channel sampled outcrop gold, 1,220 ppm Sb and 7,440 ppm As over 1.83 m.

A total of 286 RC samples from six of the initial holes drilled have been submitted to the laboratory for gold assay and multi-element ICP analysis.

All RC samples are or will be submitted to ALS Global in North Vancouver, BC, an ISO/IEC 17025:2017 accredited laboratory, where they are crushed to 70% <2 mm then up to 250 gram pulverized to <75 microns.

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