Endurance Reports Encouraging Down Dip Extension of the Eagle Zone at Reliance

Endurance Gold Corporation (EDG) has released the second batch of 2026 assay results from its Reliance Gold Project, focusing on holes DDH26-135, DDH26-136, and DDH26-133 at the Eagle Zone.

DDH26-135 intersected 9.27 g/t Au and 0.36% Sb over 6.1 metres from the Eagle Zone “Feeder Structure,” including 19.40 g/t Au over 1.0 m, starting at 254.1 m downhole. This represents a 100-metre down-dip extension external to the current Inferred MRE. The same hole also hit 4.33 g/t Au over 7.7 m (including 9.53 g/t Au over 2.9 m) at 160 m depth, an infill intercept in the Eagle South structure.

DDH26-136 intersected 2.21 g/t Au over 4.6 m (including 6.22 g/t over 1.3 m) and a deeper splay of 4.22 g/t Au over 0.5 m; described as downdip expansion below MRE. DDH26-133 returned a composite of 1.18 g/t Au over 18.8 m from several structures, with best sub-interval 3.16 g/t Au over 2.9 m.

Ongoing drilling at Imperial/Crown zones with assays pending; program may exceed 10,000 m.

Endurance Gold Corporation (EDG) reported a step-out extension at the Eagle Zone Feeder Structure, a known mineralized trend, rather than a new discovery. Expanding the zone down-dip adds to the underground resource potential, though the overall grade-thickness is not considered transformative.

The company, a junior explorer with 1.45 moz Inferred resources, continues to pursue long-term resource growth. However, given the modest gram-metres and existing market expectations of continued successful step-outs, the news does not re-rate the equity. The stock price has consolidated between approximately $0.43 and $0.53 since a sharp run-up and correction earlier in 2026. The market appears to have already priced in a high probability of drilling success, suggesting that routine positive step-outs are unlikely to spark a new leg up.

Weighted against the prior blockbuster hole DDH26-128, which returned 112.7 g·m, today’s result is a relative disappointment in terms of thickness and grade. Consequently, the material impact is low.

Endurance Gold Corporation (EDG) is a junior explorer that owns the 100%-held Reliance Gold Project in British Columbia, an epizonal orogenic gold deposit. The project contains an Inferred Mineral Resource Estimate of 19.6 million tonnes at 2.30 g/t gold for 1.45 million ounces. The company also holds other assets, including the early-stage orogenic Elephant Mountain project in Alaska and the Bandito project in the Yukon, which focuses on rare earth elements and niobium.

As of March 31, 2026, Endurance Gold is debt-free, holding approximately $8.5 million in cash along with additional proceeds from warrants and options. The company is fully funded for its 2026 exploration activities. Its capital structure consists of approximately 200 million shares outstanding and 214 million fully diluted shares, resulting in a market capitalization of approximately C$106 million at the recent share price.