Latest news for Endurance Gold (OTC:ENDGF) Stock

Endurance Gold Corp is an exploration and development company engaged in the exploration and development of mineral properties in North America. Its prime focus is the Reliance Gold Project, British Columbia, a newly gold discovery in a major gold camp. Other key projects include the Elephant Mountain Gold Project, Alaska, and the Bandito Rare Earth-Niobium Property, Yukon.

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ENDGF

Source: Ben Pirie 04/15/2024

Endurance Gold Corp. will start its 2024 exploration activities at the Reliance Gold Property in early May, according to an Atrium Research note.

Gold Stock To Begin 2024 Exploration

ENDURANCE GOLD CORP by Endurance Gold Corp.

Endurance Gold Corp

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Endurance Gold Announces Closing Of Non-Brokered Private Placement

Endurance Gold Begins 10,000-Meter Drilling Campaign at Reliance Gold Property

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Endurance Gold

Source: Ben Pirie 04/15/2024

Endurance Gold Corp. will start its 2024 exploration activities at the Reliance Gold Property in early May, according to an Atrium Research note.

On April 8, Endurance Gold Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ENDGF#OTC">ENDGF</a>) revealed its intention to start its 2024 exploration activities at the Reliance Gold Property situated in the southern region of British Columbia, Canada, in early May. This was reported by Atrium Research analysts Ben Pirie and Nichols Cortellucci in an April 15 research note. The analysts opined that this date is sooner than most explorers plan in British Columbia.

&quot;Compounded by the recent spike in the gold price over CA$2,400/oz, we are excited for EDG to get back to drilling and continue to produce some of the best drill results in its peer group&quot; the analysts wrote. They went on to point out that of the holes currently drilled (161 to be exact), 24% showed mineralization of over 10 grams per tonne gold (g/t Au).

The analysts also shared highlights for this upcoming program:

<ul class="list-disc pl-8 space-y-2 -mt-1">
	<li class="whitespace-normal break-words">Drilling up to 10,000 meters on the Royal Shear trend</li>
	<li class="whitespace-normal break-words">Collecting soil samples and mapping to find new areas for drilling</li>
	<li class="whitespace-normal break-words">Studying the rocks, structures, minerals, and how to process the ore</li>
	<li class="whitespace-normal break-words">Talking with local communities before applying for a drilling permit in the Olympic Claims area</li>
	<li class="whitespace-normal break-words">Continuing environmental studies across the property</li>
	<li class="whitespace-normal break-words">Updating their 3D model of the geology to prepare for estimating the amount of gold resources</li>
</ul>

The analysts continued, &quot;In addition to ongoing drilling activities at the highly successful and promising Royal Shear trend, we are excited about the upside potential presented by several other targets being explored by EDG this year.&quot;

Other upcoming catalysts include:

<ul>
	<li>An ongoing 10,000-meter drilling program</li>
	<li>Current exploration work at the surface of the Olympic Claims</li>
	<li>Continuing progress on the modeling of an inaugural MRE.</li>
</ul>

With this, the analysts maintained their Buy rating on the stock and CA$0.50 target price.

Important Disclosures:

<ol>
	<li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports&#39; terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li>
</ol>

Disclosures for Atrium Research, Endurance Gold, April 15, 2024

Analyst Certification Each authoring analyst of Atrium Research on this report certifies that (i) the recommendations and opinions expressed in this research accurately reflect the authoring analyst&#39;s personal, independent and objective views about any and all of the designated securities discussed (ii) no part of the authoring analyst&#39;s compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in the research, (iii) to the best of the authoring analyst&#39;s knowledge, she/he is not in receipt of material non-public information about the issuer, (iv) the analyst does not own common shares, options, or warrants in the company under coverage, and (v) the analysts adhere to the CFA Institute guidelines for analyst independence.

About Atrium Research Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis.

General Information Atrium Research Corporation (ARC) has created and distributed this report. This report is based on information we considered reliable; we have not been provided with any material non-public information by the company (or companies) discussed in this report. We do not represent that this report is accurate or complete and it should not be relied upon as such; further any information in this report is subject to change without any formal or type of notice provided. Investors should consider this report as only one factor in their investment decisions; this report is not intended as a replacement for investor&#39;s independent judgment.

ARC is not an IIROC registered dealer and does not offer investment-banking services to its clients. ARC (and its employees) do not own, trade or have a beneficial interest in the securities of the companies we provide research services for and does not serve as an officer or Director of the companies discussed in this report.

ARC does not make a market in any securities. This report is not disseminated in connection with any distribution of securities and is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. ARC does not make any warranties, expressed or implied, as to the results to be obtained from using this information and makes no express of implied warranties for particular use. Anyone using this report assumes full responsibility for whatever results they obtain. This does not constitute a personal recommendation or take into account any financial or investment objectives, financial situations or needs of individuals. This report has not been prepared for any particular individual or institution. Recipients should consider whether any information in this report is suitable for their particular circumstances and should seek professional advice. Past performance is not a guide for future results, future returns are not guaranteed, and loss of original capital may occur. Neither ARC nor any person employed by ARC accepts any liability whatsoever for any direct or indirect loss resulting from any use of its research or the information it contains.

This report contains &quot;forward looking&quot; statements. Forward-looking statements regarding the Company and/or stock&#39;s performance inherently involve risks and uncertainties that could cause actual results to differ from such forward-looking statements. Such statements involve a number of risks and uncertainties such as competition, technology shifts, market demand and the company&#39;s (and management&#39;s) ability to correctly forecast financial estimates; please see the company&#39;s MD&amp;A &quot;Risk Factors&quot; Section for a more complete discussion of company specific risks for the company discussed in this report.

ARC is receiving a cash compensation from Endurance Gold Corp. for 12-months of research coverage. ARC retains full editorial control over its research content. ARC does not have investment banking relationships and does not expect to receive any investment banking driven income. ARC reports are primarily disseminated electronically and, in some cases, printed form. Electronic reports are simultaneously available to all recipients in any form. Reprints of ARC reports are prohibited without permission. The information contained in this report is intended to be viewed only in jurisdictions where it may be legally viewed and is not intended for use by any person or entity in any jurisdiction where such use would be contrary to local regulations or which would require any registration requirement within such jurisdiction.

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