Endurance Gold Reliance step-outs: resource and metallurgy lens for mine planners
Reviewed by Tom Sullivan

First reported on MINING.com
30 Second Briefing
Endurance Gold’s 2026 drilling at the Reliance project in southern British Columbia has returned high-grade step-outs outside the current resource, including 14.7 metres at 7.67 g/t gold and 0.13% antimony from 75.9 metres in DDH26-128 and 12 metres at 3.07 g/t gold from 98.2 metres in DDH26-129, a 60-metre step-out along the Eagle trend. The 8,000-metre diamond programme, with seven holes (1,899 metres) already completed at southern Eagle and two deep tests at Imperial, targets conversion of near-surface ounces and deeper Royal Shear extensions. Reliance currently hosts 19.6 million inferred tonnes at 2.3 g/t gold (1.45 million oz), with metallurgical work aiming to improve recoveries beyond earlier 84.7% gold to concentrate.
Technical Brief
- DDH26-128 intersected five additional lower veins between 118.1–161.0 m, 0.5–1.6 m wide grading 2.57–10.10 g/t Au.
- The same hole cut Eagle mineralisation 25 m closer to surface than 2022 hole DDH22-027.
- DDH26-129, drilled from the same pad at a different azimuth, confirmed Royal Shear-hosted mineralisation continuity.
- True widths for reported Eagle intercepts are estimated at 80–100% of core length, limiting dilution uncertainty.
- Seven diamond holes totalling 1,899 m at southern Eagle all show visible mineralisation in previously undrilled ground.
- Those seven Eagle holes intersected 11 mineralised structures ranging from 2.1–10.5 m in core length; assays pending.
- At Imperial, two deep holes (1,160 m total) stepped 43 m and 55 m off prior Royal Shear intercepts.
- Historical Imperial hole DDH24-109 returned 21.8 m at 6.74 g/t Au, including 12.4 m at 10.11 g/t Au, guiding current depth tests.
- Metallurgical testwork is focused on upgrading gold and antimony recoveries beyond the earlier 84.7% Au to concentrate.
- A reverse-circulation rig is planned to test the Eagle Offset anomaly, enabling cheaper, faster near-surface targeting.
Our Take
With 1.45 million oz inferred at 2.3 g/t and a current market capitalisation of about C$85 million, Endurance Gold is trading at a relatively low in-situ value per ounce compared with several other Canadian gold developers in our database, so consistent step-out success at Eagle and Imperial could have an outsized impact on valuation.
The pit-constrained component at Reliance (1.12 million oz at 2.23 g/t) and prior 84.7% recovery to a marketable concentrate suggest the project is already screening as a potentially competitive open-pittable gold asset in southern British Columbia, where permitting risk has become more visible following disputes such as the MCC Canadian Gold Ventures case filed against the province in 2024.
Codelco’s ongoing 3–4 month investment review around Reliance introduces a strategic angle unusual among the gold-focused ‘Projects’ stories in our coverage, as the Chilean copper major’s involvement could de-risk future funding and signal interest in gold–antimony systems alongside its core copper portfolio.
Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.
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