# Endurance Gold Files NI 43-101 Technical Report Describing the Inaugural Mineral Resource Estimate for the Reliance Gold Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--09ff1a72-a46d-4f66-abe0-0aa15fea36d5

Original source: https://money.tmx.com/en/quote/EDG/news/6952412524783966/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral

Publisher: tmx

Original announcement: 2026-02-25T15:08:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Inaugural MRE established

- Positive factor: Significant gold tonnage and grade

- Positive factor: Positive initial metallurgy

- Positive factor: NI 43-101 compliant

- Negative factor: 100% Inferred resource \(no M&amp;I\)

- Negative factor: Economic viability not demonstrated

Facts used in scoring: 5

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: 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 Inferred**

Polarity: negative

Definition: 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 Compliant**

Polarity: positive

Definition: 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 Signed**

Polarity: positive

Definition: 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)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--09ff1a72-a46d-4f66-abe0-0aa15fea36d5#fact-resource-facts-0)

gold

#### 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 factor: Large scale inaugural resource

- Negative factor: 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

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--09ff1a72-a46d-4f66-abe0-0aa15fea36d5#fact-resource-facts-1)

gold

#### 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 factor: Significant near-surface component

- Negative factor: Inferred category

Evidence · text

> 15.6 Mt grading 2.23 gpt Au, for 1.12 Moz contained gold reporting to the open pit

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--09ff1a72-a46d-4f66-abe0-0aa15fea36d5#fact-resource-facts-2)

gold

#### 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 factor: Higher grade underground component

- Negative factor: Inferred category

Evidence · text

> Underground Inferred Mineral Resource: 4.0 Mt grading 2.58 gpt Au for 0.33 Moz contained gold

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--09ff1a72-a46d-4f66-abe0-0aa15fea36d5#fact-resource-facts-3)

gold

#### 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 factor: Strong initial recovery

Evidence · text

> Initial rougher flotation testwork indicates 84.7% gold recovery to a marketable concentrate

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--09ff1a72-a46d-4f66-abe0-0aa15fea36d5#fact-resource-facts-4)

gold

#### 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 factor: 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.
