Newmont(US:NEM) Newsfile·2025-09-08 11:30Core Viewpoint - Enduro Metals Corporation has provided an update on its 2025 exploration program at the Newmont Lake project, highlighting significant progress in the Andrei porphyry target, which has been expanded to cover an area of approximately 6 km² [1][3][12]. Exploration Program Update - The exploration program includes a large airborne magnetic survey covering 2,000 line-kilometers and ground induced polarization (IP) surveying over the Andrei target [4][8]. - Field crews have been actively mapping and sampling across the property, focusing on the Andrei area, with fieldwork scheduled to continue until September 30, 2025 [1][3]. Andrei Target Expansion - The Andrei target has been extended by 3.4 km to the southwest from the original North Toe occurrence, with geological mapping revealing extensive outcropping of monzonite and diorite intrusions [3][12]. - The target area now measures approximately 4.5 km x 1.5 km, characterized by localized micro-stockworks and copper mineral-bearing veins [4][13]. Future Plans - Enduro Metals is preparing for a maiden drill program at the Andrei target in 2026, guided by newly acquired high-resolution magnetic survey results and ground IP survey data [14][3]. - The company anticipates receiving final geochemical and geophysical data shortly, which will inform follow-up work in September [3][1]. Strategic Location - The Newmont Lake Project is strategically located near major porphyry copper-gold development projects and high-grade past producing gold deposits, enhancing its potential for significant mineral discoveries [3][1]. Collaborative Research - In 2025, Enduro sponsored academic research programs and collaborated with institutions such as UBC Okanagan and University College of London, focusing on structural geology and mineralization age constraints [24][25].