# Endurance Gold Files NI 43-101 Technical Report Describing the Inaugural Mineral Resource Estimate for the Reliance Gold Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--14c1db8d-6955-4923-b1ab-a9219dfa345c 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: 2026-09-19 20:02:55 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Endurance Gold has released its inaugural Mineral Resource Estimate for the Reliance Gold Project in British Columbia, totaling 19.6 Mt at 2.30 g/t Au \(1.45 Moz Au\), all in the Inferred category. The resource is split between a near-surface open pit component \(15.6 Mt @ 2.23 g/t Au\) and an underground component \(4.0 Mt @ 2.58 g/t Au\). Initial metallurgy shows promising gold recovery of 84.7% via flotation. Reasoning: The announcement of an inaugural MRE for the Reliance Gold Project provides a significant baseline for the asset, though the resource remains entirely in the Inferred category. - Positive factor: Inaugural Mineral Resource Estimate \(MRE\) established - Positive factor: Significant gold tonnage and grade reported - Positive factor: Positive initial metallurgical recovery results - Positive factor: Clear path to PEA and resource upgrading - Negative factor: 100% Inferred resource classification \(no M&I\) Facts used in scoring: 4 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable. Why it applies: The document describes an inaugural Mineral Resource Estimate for the Reliance Gold Project. Evidence · text > supporting an inaugural Mineral Resource Estimate \(" MRE "\) **All Inferred** Polarity: negative Definition: M&I share below the weak bound — very early stage, no engineering confidence. Why it applies: The entire resource is classified as Inferred, with no Measured or Indicated components. Evidence · text > The Report describes an Inferred MRE of 19.6 million tonnes **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 for the MRE. Evidence · text > The Mineral Resource Estimate was prepared by Marc Jutras, P.Eng, M.A.Sc., Principal, Ginto Consulting Inc., an independent Qualified Person **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource estimate is part of an NI 43-101 Technical Report. Evidence · text > Files NI 43-101 Technical Report Describing the Inaugural Mineral Resource Estimate **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: Cut-off grades for both open pit and underground are explicitly stated. Evidence · text > base case cut-off grade of 0.30 gpt Au for open pit \(Zone OP\), and 1.0 gpt Au for underground \(Zone UG\) **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: The report mentions rougher flotation testwork. Evidence · text > Initial rougher flotation testwork indicates 84.7% gold recovery **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("gravity"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (3) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--14c1db8d-6955-4923-b1ab-a9219dfa345c#fact-resource-facts-0) Reliance Gold Project · gold #### Identity - Project: Reliance Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: EDG #### Resource scope - Estimate type: resource - Effective date: 2026-01-08T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Marc Jutras - Resource group id: resource:7392f6fde433ba5aab32 - Deposit or zone: Reliance Gold Project - Mining method: combined - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 19600000 - Grade: 2.3 - Grade Unit: g/t - Contained Metal: 1.45 - Contained Unit: moz #### Prior Estimate - Resource Date: 2026-01-08 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Total project resource estimate. - Positive factor: Inaugural resource established - Negative factor: 100% Inferred 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 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--14c1db8d-6955-4923-b1ab-a9219dfa345c#fact-resource-facts-1) Reliance Gold Project · gold #### Identity - Project: Reliance Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: EDG #### Resource scope - Estimate type: resource - Effective date: 2026-01-08T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Marc Jutras - Resource group id: resource:535a402823432d590df6 - Deposit or zone: open pit constrained component - Mining method: open\_pit - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 15600000 - Grade: 2.23 - Grade Unit: g/t - Contained Metal: 1.12 - Contained Unit: moz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2026-01-08 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Open pit component of the resource. - Positive factor: Significant near-surface tonnage - 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 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--14c1db8d-6955-4923-b1ab-a9219dfa345c#fact-resource-facts-2) Reliance Gold Project · gold #### Identity - Project: Reliance Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: EDG #### Resource scope - Estimate type: resource - Effective date: 2026-01-08T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Marc Jutras - Resource group id: resource:cd7bbfaaa8b8e4eda38a - Deposit or zone: underground inventory - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 4000000 - Grade: 2.58 - Grade Unit: g/t - Contained Metal: 0.33 - Contained Unit: moz - Cutoff Grade: 1 - Cutoff Unit: gpt Au #### Prior Estimate - Resource Date: 2026-01-08 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Underground component 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 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## Metallurgical Results (1) ### flotation [Link to this fact](https://atlas-extractions.minestarters.com/news/endurance-gold-files-ni-43-101-technical-report-describing-the-inaugural-mineral--14c1db8d-6955-4923-b1ab-a9219dfa345c#fact-metallurgical-facts-3) Reliance Gold Project · gold #### Identity - Project: Reliance Gold Project - Commodity: gold - Region: canada\_bc - Reported Region: British Columbia - Ticker: EDG #### Test Work - Program Status: preliminary - Test Type: flotation - Processing Route: rougher flotation - Sample: Initial rougher flotation testwork #### Recovery - Recovery: 84.7 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Initial flotation test results. - Positive factor: Solid initial recovery Evidence · text > Initial rougher flotation testwork indicates 84.7% gold recovery to a marketable concentrate #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal ## 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.