Endurance Gold Completes Acquisition of Reliance Gold Project

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Mining,Acquisitions,Gold

Endurance Gold Corporation has acquired 100% interest in the Reliance Gold Project, located east of Gold Bridge and north of the historically productive Bralorne Gold Mines. The acquisition was completed through final cash payments and the issuance of shares, totaling $205,000 and 3,100,000 Endurance shares, respectively.

Thursday, December 19, 2024 3:18 PM PSTis pleased to announce that it has fulfilled the requirements of three option agreements and acquired 100% interest in the related properties that constitute the majority of the Reliance Gold Project east of Gold Bridge and 10 km north of the Bralorne Gold Mines which have historically produced over 4 million ounces of gold.

The Company has accelerated its final vesting of ownership in all properties related to three option agreements which formed the majority of the Property by making final cash payments of $205,000 and the issuance of 3,100,000 Endurance shares. The issued shares are subject to minimum regulatory and agreed hold periods. In addition to the cash and share payments, 750,000 share purchase warrants were issued to the Optionor of the Olympic Property as per the 2022 Option Agreement.

Endurance Gold Corporation is a company focused on the acquisition, exploration and development of highly prospective North American mineral properties with the potential to develop world-class deposits.Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

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