Robert Cameron

Inaugural Drilling Complete: Enduro Metals Prepares for Fall Assay Results

• Top takeaway Top point: he argues the first pass at Andre is encouraging but early, stressing that only about 4 km of a 14 km trend has been tested and that the rest of the season's work is about documenting the remainder and converting it into future targets rather than claiming a discovery.
• He is deliberately conservative on timing, saying the labs have not given a date and are heavily backed up, so results should realistically land around mid-fall 2026.
• He ranks targets by drillability as well as geology — Burgundy and the 72 zone are high-elevation, rugged and challenging, while Andre is low-elevation and easier, and Camp Zone is easier still — and says that risk ranking is what shifts his priorities.
• He justifies returning to the Burgundy target despite its difficult location because the geology resembles nearby Galore Creek, because copper and gold prices have accelerated, and because he calls it a standout discovery that was never followed up.
• He attributes his attraction to Newmont Lake to the project's size, its copper-gold porphyry potential demonstrated by Burgundy, and its Golden Triangle setting, which he calls one of the top porphyry copper-gold jurisdictions in North America, with the KSM project, Glor Creek and the Red Chris mine nearby.

Under new management from the 2025 Commander Resources merger, Enduro Metals wrapped up its inaugural seven-hole drill program at Andrei. First-pass core shows porphyry indicators, the large copper-gold deposit style sought here, plus epithermal alteration in two other holes. The 2021 Burgundy discovery — 331 meters at 0.36 gold and 0.29 copper — is being revisited as copper and gold prices climb. A gold system dormant since 1987 at Camp Zone returned roughly 110 grams over six centimeters and needs systematic work-up. Cameron expects assays mid-to-late fall while IP geophysics, mapping conductive ground, extends the 14-kilometer trend drilled over just four kilometers.

Enduro Metals is Drilling Soon in the Heart of the Golden Triangle

• Top takeaway Cameron, Enduro Metals' CEO, is staking the company's year on the Andre discovery - a 4.5-kilometre coincident mag and IP anomaly with a blind, never-drilled core - and aims to have drills turning by July 1, 2026.
• He leans on surface evidence to justify the drill campaign: retreating glaciers first exposed copper-mineralized bedrock in 2021, and 25% of the prior year's rock samples ran above 0.1% copper on the anomaly flanks.
• He argues the target's location is a key advantage - about 600 metres elevation, forgiving topography, and roughly 14 kilometres from road access - allowing an earlier start than higher-elevation Golden Triangle projects.
• On funding, he points to an oversubscribed raise of just over $8 million, with about $6.3 million of flow-through dedicated to Newmont Lake, supporting a roughly $3.5 million phase one that can expand given results.
• He flags September weather and rig/contractor availability as the main risks to completing the season's program.

Enduro Metals closed an oversubscribed over $8 million brokered financing, with $6.3 million of it flow-through money committed to Newmont Lake. The maiden drill campaign will test the Andre discovery, a 4.5-kilometre mag and IP anomaly that has never been drilled. Copper-gold porphyry targets sit at low elevation with road access 14 kilometres away, more forgiving than typical Golden Triangle ground. CEO Robert Cameron points to a career focused on porphyry copper-gold systems and past discoveries as the team's targeting credential. Drilling is targeted to begin by July 1 and run through the summer, with weather and rig availability the main variables.