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Endeavour Silver Corp.
Summary
| Project: | El Cubo | |
|---|---|---|
| Deposit: | El Cubo | |
| Location: | Mexico | |
| Commodities: | Silver-Gold | |
| Date: | 1/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-1-2019: Endeavour Silver Corp. announces a Resource Estimation report for its El Cubo deposit at the El Cubo project. Annual resource and reserve statement for El Cubo. VANCOUVER, British Columbia, Jan. 21, 2019 -- Endeavour Silver Corp. (TSX: EDR, NYS | |
| Resources: | (Reserve): 94Kt @ 182g/t Ag, 1.95g/t Au (Prob.), 136Kt @ 157g/t Ag, 1.40g/t Au (Prov.) | |
| CP/QP: | [Resources]: Godfrey Walton (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Jan. 21, 2019 -- Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) reports updated NI 43- 101 Mineral Reserve and Resource Estimates for its operating mines and exploration and development projects in Mexico. Endeavour owns and operates three silver mines in Mexico, the Guanacevi mine in Durango state and the Bolanitos and El Cubo mines in Guanajuato state. Last year, the Company developed and is now commissioning a fourth mine, El Compas in Zacatecas state. Endeavour plans to commence development of the Terronera project in Jalisco state and continue with exploration, economic assessment and permitting of the Parral Project in Chihuahua state in 2019. Bradford Cooke, CEO of Endeavour, stated, “We continued to enjoy exploration success in 2018, primarily at Guanacevi, Terronera and Parral. Mineral Reserves increased at Terronera due to infill drilling at depth and the inclusion of the high-grade La Luz vein. Mineral Reserves also increased at Guanacevi, as Milache was incorporated into the mine plan, partly offset by reduced Mineral Reserves at El Cubo. Mineral Resources increased sharply at Parral thanks to drilling of the San Patricio vein system, partly offset by reduced Mineral Resources at El Cubo.” “In 2019, we will once again focus our exploration efforts on growing Mineral Resources and replacing Mineral Reserves at each mine-site as well as expanding Mineral Resources at Parral and other greenfields projects. At Terronera, we will turn our attention from Mineral Resource expansion to mine development as it has the potential to become our largest and lowest cost mine.” | |
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