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ENDURO METALS CORP - ENDMF STOCK NEWS

Welcome to our dedicated page for ENDURO METALS news (Ticker: ENDMF), a resource for investors and traders seeking the latest updates and insights on ENDURO METALS stock.

Enduro Metals Corp (Enduro Metals) is an exploration company based in Kelowna, British Columbia, focused on its flagship Newmont Lake Project in the Golden Triangle region of northwestern British Columbia. The company is dedicated to identifying and developing mineral exploration projects, with a primary focus on high-grade epithermal/skarn gold, copper-gold alkalic porphyry mineralization, and other precious metal deposits. Enduro Metals recently secured a significant investment from a leading international mining company for its ongoing operations and future growth. With a strategic approach to exploration and a commitment to environmental sustainability, Enduro Metals is poised for continued success in the mining industry.

News

Enduro Metals Corporation Announces 2024 Diamond Drilling Program at Newmont Lake

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Enduro Metals (TSXV: ENDR) (OTCQB: ENDMF) has announced its 2024 diamond drilling program at the Newmont Lake Project. The exploration will focus on two key objectives:

1. Oriented-core diamond drilling at McLymont to test structural controls on gold-bearing quartz-carbonate veins.

2. Further exploration of copper-gold porphyry targets along the Copper-Line, particularly at North Toe.

The McLymont Fault, a >20km long geological feature, will be the primary focus. The company plans to conduct drilling in the opposite direction compared to historical work, using precise, oriented-core diamond drilling methods. The program aims to understand gold pathways and build a high-grade gold and copper resource at McLymont.

Additionally, Enduro will continue exploring other Copper-Gold porphyry targets across the wider Newmont Lake property, including North Toe / Big Toe along the Copper-Line.

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Enduro Metals Announces Grant of Options and RSUs Pursuant to its Equity Incentive Plan

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Enduro Metals (ENDMF) grants incentive stock options and restricted share units to consultants, officers, and directors. The grant includes 1,400,000 common shares with an exercise price of $0.40 per share and 300,000 restricted share units. All options vest immediately and expire in five years, while RSUs vest after one year. The approvals are pending from the TSX Venture Exchange.
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Enduro Metals Receives 5-Year Area Based Exploration Permit for the Newmont Lake Property

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Enduro Metals (ENDMF) receives a 5-year Mines Act permit for mineral exploration activities at Newmont Lake Property. The permit allows construction of drill pads, helipads, IP surveys, and camp infrastructure maintenance. CEO Cole Evans expresses gratitude for support from Tahltan Central Government and Province of British Columbia.
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Enduro Metals Announces Non-Brokered Private Placement of up to $3.0 Million with Lead Order from Rob McEwen

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Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG) announces a non-brokered private placement for gross proceeds of up to $3 million and a consolidation of its Common Shares. The Offering will consist of the issuance of up to 75 million units of the Company at a purchase price of $0.04/Unit for gross proceeds of up to $3.0 million. The Company has secured a lead order for 30,000,000 Units reflecting proceeds of C$1.2 million from an entity controlled by Mr. Rob McEwen. The Offering is subject to certain conditions including the approval of the TSX Venture Exchange and is expected to be used for exploration and development of the Company's Newmont Lake Project and for general working capital purposes.
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Enduro Confirms Copper-Gold Porphyry Mineralization at North Toe Prospect

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Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG) announced the results of its 2023 field campaign at the North Toe prospect, including detailed geological mapping, drone magnetics, and rock sample collection. Significant findings include anomalous copper and gold grades, identification of key structural relationships, and expansion of drone magnetic coverage. The CEO, Cole Evans, emphasized the significance of the discovery and the potential of the North Toe prospect.
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Enduro Metals Provides Update on Financing

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Enduro Mobilizes Field Crews to Newmont Lake for 2023 Exploration Program - Positive Initial Findings Along Copperline

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Enduro Metals Announces Private Placement Offering

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Enduro Outlines 20km Structural Corridor Controlling Copper - Gold Mineralization at Newmont Lake

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FAQ

What is the current stock price of ENDURO METALS (ENDMF)?

The current stock price of ENDURO METALS (ENDMF) is $0.16145 as of October 14, 2024.

What is the market cap of ENDURO METALS (ENDMF)?

The market cap of ENDURO METALS (ENDMF) is approximately 5.0M.

Where is Enduro Metals Corp based?

Enduro Metals Corp is headquartered in Kelowna, British Columbia.

What is the primary focus of Enduro Metals Corp's exploration projects?

Enduro Metals Corp primarily focuses on high-grade epithermal/skarn gold, copper-gold alkalic porphyry mineralization, and other precious metal deposits.

What recent achievement did Enduro Metals Corp announce?

Enduro Metals Corp recently secured a significant investment from a leading international mining company.

How is Enduro Metals Corp contributing to environmental sustainability?

Enduro Metals Corp is committed to environmentally sustainable mining practices in its exploration and development projects.

What is the flagship project of Enduro Metals Corp?

Enduro Metals Corp's flagship project is the Newmont Lake Project located in the Golden Triangle region of northwestern British Columbia.

Who can investors contact for further information about Enduro Metals Corp?

Investors can contact Ali Wasiliew, the Manager of Communications at Enduro Metals Corp, for further information.

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ENDURO METALS CORP

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ENDMF Stock Data

4.96M
22.34M
19.99%
9.95%
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United States of America
Kelowna