Issue link: http://resourceworld.uberflip.com/i/1207716
52 www.resourceworld.com F E B R U A R Y / M A R C H 2 0 2 0 FOR THE RECORD WE PROMISE AND WE DELIVER GOLD PROJECTS FOR INITIAL PUBLIC OFFERING Fayz Yacoub P. Geo. Professional Geologist Tel: (604) 831-0424 Email: fayz@ontrackexploration.com www.ontrackexploration.com ENDURANCE GOLD ENCOURAGED BY RELIANCE PROSPECT ASSAYS Endurance Gold Corp. [EDG-TSXV; ENDGF-OTC] reported encouraging surface sampling results on the Reliance gold prop- erty 5 km east of Gold Bridge, British Columbia and 10 km north of the Bralorne-Pioneer Gold Mining Camp (+4 million oz gold). Sampling largely focused on the Royal Shear and recent assay results confirmed encouraging gold results on surface. Highlights include 10 g/t gold over 5 metres at the Imperial Zone and 4.6 g/t gold over 2 metres at the Senator Zone prospects. On September 12, 2019, the company announced an option to earn a 100% own- ership in the property that was previously explored by trenching and diamond drilling 1985-2008. Gold mineralization is associated with wide zones of alteration within several subparallel north and northwest-trending struc- tures. The most explored structure is the Royal Shear which hosts the Diplomat, Senator, Imperial, Crown and Eagle Zones. Historic surface grab and chip sampling results from these zones, together with drilling, indicate a mineralized gold system over at least 750 metres of strike and 250 metres vertically that requires a system- atic exploration program to evaluate. Based on historic soil sampling and continuing alteration, the Royal Shear Zone remains open and unexplored along strike in both directions indicating potential for extension of the min- eralized system by an additional 1,000 metres or more. Gold mineralization is hosted within areas of alteration up to 30 metres wide in the Royal Shear. Reference samples of various alteration, rock types and interpreted mineralized zones have recently been collected. Twenty-two samples were sent for gold analysis. The best result from the Imperial Zone assayed 10 g/t gold over 5 metres was col- lected in September 2019 from a road cut. The best sample result from the Senator Zone assayed 4.6 g/t gold over 2 metres was collected from a similar road cut about 75 metres west-southwest of the previous sample. Endurance Gold intends to proceed with the property option and conduct a 2020 exploration program comprising mapping, rock, channel and soil sampling. In the New Year, as weather per- mits, the company intends to restore the high-bank surface road exposures and clear trails at the five zones on the Royal Shear to facilitate chip and channel sampling as well as geological and structural mapping. After permitting, a diamond drilling program will follow in the summer. MOUNTAIN BOY SAMPLES 28.5 G/T GOLD, 1,200 G/T SILVER Lawrence Roulston, President and CEO, reports Mountain Boy Minerals Ltd. [MTB-TSXV; MBYMF-OTC] has released updated results on two new gold-silver discoveries on its American Creek West Project in British Columbia's Golden Triangle, 20 km north of the deepwater port of Stewart. Receding glaciers and detailed geological mapping of the newly consolidated American Creek West ground in 2019 led to the dis- covery of the Wolfmoon and Crown Ridge zones. Mineralization at Wolfmoon occurs within a north-northwest- erly striking structural corridor that has so far been traced for 450 metres. Wolfmoon is a very significant discovery, as it contains both high-grade gold and silver in the same zone. The Crown Ridge zone is 1.4 km north of Wolfmoon at a simi- lar elevation, near the top of Bear River Ridge. Chalcedony occurs within many of the veins, suggesting the zone represents the upper levels of an epithermal system. High-grade gold, silver and base metal values in veins and structures have been identified throughout the property, which spans 8 km north-south along the American Creek corridor, 6 km east-west and 1.3 km of vertical extent, from the American Creek valley bottom to the top of Bear Ridge. The large vertical (greater than 1.3 km) and areal extent of mineralization in the area suggests the possibility of a large min- eralizing system. Previous exploration examined the various mineral occurrences in isolation. This revised geological model will be useful in future exploration as it will tie the various min- eral occurrences together and identify potential large-scale targets moving forward. Work is presently under way re-examining earlier results in the context of the revised geological model. The objective is to identify drill targets that will be tested in the coming field season. n HIGHLIGHTS • 28.5 g/t gold and 1,200 g/t silver in separate rock grab samples from the newly discovered Wolfmoon zone; • 17.2% zinc and 33.6 g/t silver (previously reported and updated for over-limit re-assays) from the newly discovered Crown Ridge zone; • Samples from the historic Chris adit and surrounding area produced copper values to 4%, defining yet another style of mineral- ization on the American Creek West property; • Early Jurassic age (185 million years) determined for the recently mapped American Creek intrusion – a similar age as several large gold deposits in the region.