Kelowna, British Columbia--(Newsfile Corp. - February 1, 2024) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMD) (FSE: SOG0) ("Enduro" or the "Company") is pleased to provide a corporate update and outline for its 2024 exploration plans.
Enduro's exploration program in 2024 will be planned with the view of attracting partners willing to commit capital to advance the Company's projects.
Drilling in 2024 will be focused on the McLymont Gold Project, building on the historic resource and testing new structural concepts developed during 2023.
At Burgundy Ridge, the Company aims to increase the surface footprint of the system and delineate new drill targets.
At North Toe, the Company will be seeking to work up drill targets for future drilling and expand the footprint of the system to the southwest in an area known as Big Toe.
Cole Evans, CEO commented:
"2023 was ultimately a disappointing year for Enduro. We were not able to convert the letter of intent with the major mining company announced in August into a definitive agreement. As a result, we conducted a smaller exploration program than we were planning. We are determined to protect shareholder value by ensuring that shareholders retain meaningful exposure to the upside potential of this extraordinary property position. At 688km2, the property remains one of the largest held by a junior mining company in the Golden Triangle, and our understanding of the Copper Line has advanced significantly. We are seeing a high level of interest among the major mining companies who want to secure a stake in the Golden Triangle. The region is quickly emerging as an important global mining destination. see & read more on