Endeavour Silver Corp. [EDR-TSX; EXK-NYSE] reported positive drill results from its continuing drill program at the 100%-owned Guanacevi mine in Durango State, Mexico. Drilling continues along the prolific Santa Cruz vein in two areas, with the objective to convert, expand and discover new resources.
The 2022 drill program has continued to focus on the El Curso property, establishing lateral and vertical extents of the mineralized zone between the Porvenir Cuatro and Milache mines. The exploration and exploitation rights to the El Curso property were obtained in 2019 from Ocampo Mining S.A. de CV., and have become an integral contributor to the operation. Recently, under the same agreement terms, the Company has tested the northwest extension of the Porvenir Dos orebody with encouraging results from initial drilling.
Highlights from Recent El Curso drill results include 3.50 g/t gold and 1,150 g/t silver for 1,430 g/t AgEq (silver equivalent) over a 1.16-metre ETW, including 12.80 g/t gold and 4,240 g/t silver for 5,264 g/t AgEq over 0.24 metres (UCM-102)
3.54 g/t gold and 1,129 g/t silver for 1,412 g/t AgEq over a 7.28 metres ETW, including 25.40 g/t gold and 7,080 g/t silver for 9,112 g/t AgEq over 0.43 metres (UCM-106).
Highlights from Recent Porvenir Dos drill results include 1.43 g/t gold and 967 g/t silver for 1,081 g/t AgEq over a 2.43 metres ETW, including 3.64 g/t gold and 5,120 g/t silver for 5,411 g/t AgEq over 0.23 metres (APD-03). APD-04 returned 1.60 g/t gold and 1,460 g/t silver for 1,589 g/t AgEq over a 1.17-metre ETW, including 2.91 g/t gold and 3,340 g/t silver for 3,573 g/t AgEq over 0.25 metres.
ETW is estimated true width.
“We are encouraged by the drill results at Guanacevi, as we continue to delineate high grades in areas which are proximal to the mill and historic working areas. The results announced today demonstrate both growth and steady improvement of the deposit and mine plan,” stated Dan Dickson, CEO. “Our focus remains on delineating mineralized extensions to mining horizons and resource growth.”
Drill holes UCM-108 and UCM-111 returned no significant results.
Drill holes APD-01, APD-02, APD-07 and APD-08 returned no significant results
Endeavour is a mid-tier precious metals mining company that operates two high-grade underground silver-gold mines in Mexico. Endeavour is currently advancing the Terronera mine project towards a development decision, pending financing and final permits and exploring its portfolio of exploration and development projects in Mexico, Chile and the United States to facilitate its goal of becoming a premier senior silver producer.