Ginguro Exploration Inc. (TSX VENTURE:GEG) ("Ginguro") is pleased to announce
that it has reached an agreement to settle all aspects of its dispute with
Endurance Gold Corporation ("Endurance") regarding the Pardo Joint Venture (the
"Joint Venture"). As a result of the settlement, the ongoing arbitration between
the parties has been terminated.


The parties have agreed that Ginguro owns a 64.5% interest in the Joint Venture
and Endurance owns a corresponding 35.5% interest in the Joint Venture.
Endurance will pay Ginguro $100,000 towards past exploration expenditures.


Both Ginguro and Endurance are pleased with the settlement of the dispute and
arbitration matters and look forward to the continued advancement of the Joint
Venture, in particular the exploration activities being conducted under the 2014
Program, which commenced in May. Both companies are funding the current program
in line with their respective JV ownership interests.


About Ginguro

Ginguro Exploration Inc. is a mineral exploration company focused on the
advancement of its Pardo paleo-placer gold property, located in Pardo Township
in northern Ontario. To learn more about Ginguro Exploration Inc., please visit:
www.ginguro.com. 


Statements in this release that are forward-looking statements are subject to
various risks and uncertainties concerning the specific factors disclosed under
the heading "Risk Factors" in the Corporation's filings with Canadian securities
regulators. Such information contained herein represents management's best
judgment as of the date hereof based on information currently available. The
Corporation does not assume any obligation to update any forward-looking
statements, save and except as may be required by applicable securities laws.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ginguro Exploration Inc.
Richard Murphy
President and CEO
(705) 222-8800
info@ginguro.com
www.ginguro.com

(TSXV:GEG)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more  Charts.
(TSXV:GEG)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more  Charts.