Expansion Of The Strike Length Of McLymont Fault Gold Mineralization

KELOWNA, BC - Enduro Metals Corporation has significantly expanded the known mineralization footprint of its McLymont Fault Gold Zone through its 2021 drilling and geochemical surveying on the Newmont Lake Project of BC's Golden Triangle. These results, together with results of historic drilling, outline a gold-mineralized zone extending for more than 5 kms. The McLymont Fault Zone is one of 4 major target areas on the 654km2 property.

Also, the Company will be providing an update about its 2022 Exploration Program Plan shortly which will include the plan to follow-up on the 2021 Burgundy alkalic copper-gold porphyry discovery intersection.

Highlights: Drill hole NW21-03 intersected 151m of 0.73 g/t AuEq starting at 124.2m in the NE extension of the McLymont Fault, including 75m of 1.00 g/t AuEq @ 124.2m downhole, and Hole ended in gold mineralization at 287m, along with bulk tonnage style gold mineralization has now been drill tested over approximately 400m strike length at the NW Zone and NE Extension; Geochemical soil sampling delineated significant gold mineralization along strike of McLymont Fault, increasing the potential footprint from 700m to 5,500m; The apparent scale and intensity of the anomaly is comparable to very large bulk-tonnage style gold deposits neighboring the Newmont Lake Property (ex. KSM, Treaty Creek); and The sampling may explain the source of the "Boulder Train" which attracted explorers to the area in the 1980's with historic float samples >100 g/t Au, but the source was never found.

Cole Evans, President/CEO of Enduro commented, "The 2021 drilling and geochemistry has accomplished 2 important things: 1) The drilling expanded bulk-tonnage style gold mineralization NE to approximately 400 meters along the mineralized horizon that remains open, with a second horizon below continuing to emerge. 2) The geochemistry greatly increases the apparent footprint of the McLymont gold mineralization from 700m to a potential strike of 5,500m. High-grade "Boulder Train" rock samples first found in the late 1980's brought explorers to this area, but the boulder source was never found. Our data suggests that the source of this anomaly was likely covered by ice and snow. Historic drill hole GSC88-01 was drilled in a small window through the snow in 1988 and intersected 0.6m of 73.40 g/t Au, 12.50 g/t Ag, and 0.13% Cu at a depth of 72 meters. Only 2% of this drill core was assayed at the time. The substantial increase in the size of the mineralized footprint and the evident connection to McLymont suggests that more drilling could lead to significant expansion of the McLymont mineralization."