Endurance Gold Corporation (TSXV:EDG) announced it has received and evaluated results from 1,464 soil samples from the Bandito Property.
As quoted in the press release:
The strongest of the 90th percentile niobium-tantalum and rare earth soil anomalies are underlain by altered Proterozoic-aged Pool Creek syenite and extend to the edge of the sampled grid. As a result, the rare earth, niobium and nickel-copper soil anomalies are likely to increase in size with further work. Additional soil sampling and systematic prospecting, trenching, mapping and drilling are required to explore these high priority syenite-hosted soil anomalies.
Endurance’s President and CEO, Robert T. Boyd said,
The results from the 2011 Bandito soil sampling program have exceeded our expectations and discovered spatially significant niobium and rare earth soil anomalies that indicate potential for discovery of volumetrically large syenite intrusive-hosted rare earth-niobium-tantalum mineralizing systems analogous to the Thor Lake and Strange Lake deposits.