Enduro Metals Corporation announced that it has completed the 2022 drill program on the company's 100%-owned Newmont Lake Project, located in the centre of British Columbia's prolific Golden Triangle. A total of 10,888 metres of diamond drilling has been completed over 25 drill holes. The 2022 drilling campaign focused on expanding the mineralized footprint of the Burgundy Ridge copper-gold porphyry target, following 2021's discovery hole (331m of 0.71% CuEq from surface, including 146m of 1.00% CuEq - see October 18th, 2021, Enduro news release).

A total of 20 diamond drill holes have been completed at Burgundy Ridge during the 2022 season. An additional 5 diamond drill holes were completed at the McLymont West target along the McLymont Fault Gold Mineralization Zone. Logging of drill core from Burgundy Ridge identified wide zones of sulphide mineralization including chalcopyrite, bornite and chalcocite in several drill holes.

Visual inspection of the core shows a strong correlation to the large chargeable geophysical anomaly identified using induced polarization geophysics. Maiden drilling further west along the McLymont Fault Gold Zone target has shown that the area has been subject to intense hydrothermal activity, with multiple zones of quartz veining and sulphide mineralization visible in core. Enduro also completed drone magnetic geophysical surveying, geological mapping, and extensive channel sampling across several other areas of interest to maintain a steady pipeline of high priority targets at the Newmont Lake project.

Exploration targets that were also explored in 2022 include: Chachi - the Company's focus on Chachi has moved to the Southwest Ridge following drilling of the geophysical anomaly during 2021 which assisted in identifying a large 2,500m x 750m copper-gold anomaly further south of the drilled area. The Southwest Ridge anomaly is now the large copper and gold in soil anomaly encountered on the Newmont Lake property to date, and shares similarities with the Burgundy System. North Toe - Geological prospecting of the North Toe zone has identified an area of quartz-chalcopyrite stockwork veining and encouraging porphyry-style alteration typical of alkalic copper-gold porphyry systems. The area is of comparable scale, and along strike of the Burgundy system.

Similar to the work completed at Southwest Ridge, North Toe has strong similarities to the Burgundy copper-gold porphyry system, underlining a potential geological pattern of multiple porphyry centres within the Company's 688km2 land package. NW Zone - Data interpretation is ongoing at the NW Zone to investigate further size and extent of the potentially expansive system. Drilling in 2022 has focused on the greater McLymont Fault Gold zone expanding the mineralized footprint of the system.

Ken Zone - Mineralization and alteration indicative of an alkalic porphyry system has been encountered on surface through geological prospecting and planning is underway for potential future drilling.