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Project: | Bolanitos | |
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Deposit: | Bolanitos | |
Location: | Mexico | |
Commodities: | Silver-Gold | |
Date: | 5/20/2020 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 20-5-2020: Endeavour Silver Corp. announces an Exploration/Drilling Update report for its Bolanitos deposit at the Bolanitos project. Drilling results incl. 1.5m @ 24.34g/t Au, 787g/t Ag from 113.65m. VANCOUVER, British Columbia , May 20, 2020 -- Endeavou | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Godfrey Walton (Internal) | |
ABSTRACT: | VANCOUVER, British Columbia , May 20, 2020 -- Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) announces that exploration drilling in Q1, 2020 intersected new high-grade gold-silver mineralization in the Melladito vein at the Bolanitos mine in Guanajuato, Mexico. A total of 14 holes were drilled and 8 holes intersected high grades over minable widths (view longitudinal section here). The eight drill holes outline a new mineralized zone 100 m long by 200 m deep, open in all directions. It could connect with the historic high-grade San Ramon mine workings immediately west of and the San Pablo mine workings immediately east of the drill holes. This part of the Melladito vein was not previously explored and represents an exciting new area for resource estimation and mine development. Bradford Cooke, Endeavour Director and CEO, commented, “Last year at Bolanitos, we were successful in outlining new resources in the San Miguel vein, now under development, and we expect to commence mining at San Miguel in Q3, 2020. This year, we are discovering new resources in the Melladito vein, which should allow us to develop and mine there next year, as the orebody is only 300 m from the La Luz Ramp and 300 m from the San Miguel ramp.” | |
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