Endurance Gold Files NI 43-101 Technical Report Describing the Inaugural Mineral Resource Estimate for the Reliance Gold Project
Original announcement by tmx on
- Company
- Endurance Gold Corporation
- Ticker
- EDG
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Gold
- Secondary commodities
- Antimony
- Document categories
- Resource update, Metallurgy
- Extracted
- 2026-08-24 07:20:46 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Endurance Gold has filed an inaugural NI 43-101 technical report for the Reliance Gold Project in British Columbia, detailing an Inferred Mineral Resource of 19.6 Mt at 2.30 g/t Au (1.45 Moz Au). The resource includes both near-surface open pit and underground components, supported by positive initial flotation metallurgy.
Reasoning: The filing of an inaugural NI 43-101 technical report establishing a 1.45 Moz gold resource provides a significant baseline for the project, though it remains entirely in the Inferred category.
Positive factors
- Inaugural MRE established
- Significant gold tonnage and grade
- Positive initial metallurgy
- NI 43-101 compliant
Negative factors
- 100% Inferred resource (no M&I)
- Economic viability not demonstrated
Facts used in scoring: 5
Classification and evidence
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The report describes the 'inaugural Mineral Resource Estimate'.
Evidence · text
“inaugural Mineral Resource Estimate (" MRE ")”
All Inferrednegative
100% of resource is Inferred category — very early stage, no engineering confidence.
Why it applies: The resource is described entirely as Inferred.
Evidence · text
“The CIM definitions were followed for the classification of Inferred Mineral Resources.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The report is an NI 43-101 Technical Report.
Evidence · text
“Endurance Gold Files NI 43-101 Technical Report”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Marc Jutras, P.Eng, M.A.Sc. is named as the independent Qualified Person.
Evidence · text
“The Mineral Resource Estimate was prepared by Marc Jutras, P.Eng, M.A.Sc., Principal, Ginto Consulting Inc., an independent Qualified Person”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Resource Estimates (5)
inferredgoldTonnes: 19600000Grade: 2.3Grade Unit: g/tContained Metal: 1.45Contained Unit: MozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- EDG
Resource Data
- Category
- inferred
- Tonnes
- 19600000
- Grade
- 2.3
- Grade Unit
- g/t
- Contained Metal
- 1.45
- Contained Unit
- Moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-25T00:00:00.000Z
Reasoning: Inaugural resource estimate of 1.45 Moz gold.
Positive factors
- Large scale inaugural resource
Negative factors
- Entirely Inferred category
Evidence · text
“Inferred MRE of 19.6 million tonnes (" Mt ") at 2.30 grams per tonne (" gpt ") Au for 1.45 million ounces (" Moz ") gold”
inferredgoldTonnes: 15600000Grade: 2.23Grade Unit: gptContained Metal: 1.12Contained Unit: MozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- EDG
Resource Data
- Category
- inferred
- Tonnes
- 15600000
- Grade
- 2.23
- Grade Unit
- gpt
- Contained Metal
- 1.12
- Contained Unit
- Moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-25T00:00:00.000Z
Reasoning: Near-surface open pit portion of the resource.
Positive factors
- Significant near-surface component
Negative factors
- Inferred category
Evidence · text
“15.6 Mt grading 2.23 gpt Au, for 1.12 Moz contained gold reporting to the open pit”
inferredgoldTonnes: 4000000Grade: 2.58Grade Unit: gptContained Metal: 0.33Contained Unit: MozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- EDG
Resource Data
- Category
- inferred
- Tonnes
- 4000000
- Grade
- 2.58
- Grade Unit
- gpt
- Contained Metal
- 0.33
- Contained Unit
- Moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-25T00:00:00.000Z
Reasoning: Underground portion of the resource.
Positive factors
- Higher grade underground component
Negative factors
- Inferred category
Evidence · text
“Underground Inferred Mineral Resource: 4.0 Mt grading 2.58 gpt Au for 0.33 Moz contained gold”
Fact 4goldView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- EDG
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-25T00:00:00.000Z
Reasoning: Initial rougher flotation recovery of 84.7%.
Positive factors
- Strong initial recovery
Evidence · text
“Initial rougher flotation testwork indicates 84.7% gold recovery to a marketable concentrate”
Fact 5goldView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- EDG
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-02-25T00:00:00.000Z
Reasoning: Assumed recovery used for resource modeling.
Negative factors
- Assumed rather than tested for the MRE
Evidence · text
“Gold recovery of 81% to a high-grade cleaner concentrate has been assumed for the MRE”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.