Enduro Metals upbeat about Andrei geophysical results
Executive Summary
- Enduro Metals released 2025 high‑resolution airborne magnetic and ground IP survey results that define a ~4 km × 1.2 km geophysical footprint consistent with a porphyry Cu‑Au system at the Andrei target on its 688‑km² Newmont Lake project.
- The data will be used to prioritize drill targets for an inaugural 2026 drilling program, making Andrei Enduro’s “No. 1” exploration target.
- A secondary Twin target shows magnetic anomalies suggesting a possible ~7 km extension of the regional Bronson trend; follow‑up work is planned.
Key Details
- Survey Scope:
- 2,000 line‑kilometres of high‑resolution airborne magnetic surveying (100 m line spacing) over Andrei and Twin targets using SHA Geophysics’ Heli‑GT system.
-
20 line‑kilometres of ground induced polarization (IP) surveying at Andrei (12 lines @ 400 m spacing + one longitudinal line).
-
Geophysical Findings – Andrei:
- Large, coherent magnetic anomalies identified across the target area.
-
Ground IP delineates a 4 km × 1.2 km zone of elevated chargeability; two internal zones exceed 15 mV/V, coincident with high resistivity and magnetic highs.
-
Geological Interpretation – Andrei:
- Low‑sulphur, magnetite‑rich alteration (replacement masses, breccia infill, stockworks, sheeted veins) with localized pyrite and chalcopyrite‑bornite.
-
Late iron carbonate vein system containing barite, minor quartz, abundant chalcopyrite and bornite; older sampling indicates potential gold mineralisation.
-
Exploration Outlook:
- Results will guide selection of drill targets for a focused inaugural drilling campaign in 2026 at Andrei.
-
The Twin target exhibits discrete linear magnetic highs indicative of intrusive bodies; future exploration campaigns will investigate this possible ~7 km extension of the Bronson trend.
-
Qualified Person: Robert Cameron, P.Geo., NI 43‑101 qualified, responsible for technical content; fieldwork supervised by Stephen Wetherup, P.Geo., VP Exploration.
Notable Quotes
“Newmont Lake continues to exceed our expectations for delivering large and meaningful exploration targets… Andrei is our No. 1 target on the Newmont Lake property, and the results of our work this summer will be used to plan a focused inaugural drill program at Andrei in 2026.” – Robert Cameron, CEO
Materiality Assessment: Material – Positive (the definition of a sizable new porphyry Cu‑Au target that will drive upcoming drilling activity.)