After three years of exploration, Enduro is assured there are a minimum of 4 massive mineralized programs – McLymont, Burgundy, Cuba and Chaci – at Newmont Lake.
A high-grade copper-gold epithermal skarn has been recognized at McLymont. Burgundy hosts a copper-gold alkalic porphyry. Cuba is a high-grade silver-zinc-copper epithermal skarn. Chachi, which seems to have the biggest mineralized zone, has by no means been drilled. It has the potential to host a multi-element zone that’s both an alkalic porphyry or an iron ore-copper-gold deposit.
The Burgundy porphyry was found in October 2021 when gap BR21-001 intersected 331 metres of 0.71% copper-equivalent beginning at floor, together with 18.3 metres at 3% copper-equivalent. The system has been traced on floor alongside 2,700 metres and as much as 600 metres vast.
Enduro additionally sampled the Cuba mineralization in 2021 alongside an 1,800-metre anomaly. A quartz-barite vein on the floor returned 1,277 g/t silver, 4.51% copper, 1.11% zinc, and 0.21% lead. Sixty metres alongside strike, one other floor pattern assayed 854 g/t silver, 5.34% copper, 4.34% zinc, and 1.53% lead.
When the McLymont fault was drilled in 2020, all 17 holes returned gold mineralization. One gap highlighted by the corporate returned 28.3 metres grading 10.48 g/t gold, 2.31 g/t silver and 0.36% copper, together with 8.9 metres at 32.52 g/t gold, 6.54 g/t silver and 1.07% copper starting 160 metres down gap.
Enduro was granted the choice on the Newmont Lake mission in 2018. Since that point, it has accomplished C$8 million in exploration work, made staged funds to Romios totalling C$2 million, and granted Romios a complete of 12 million Enduro shares.
(This text first appeared within the Canadian Mining Journal)