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Endeavour Silver Corp.
Summary
| Project: | Parral | |
|---|---|---|
| Deposit: | San Patricio | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 5/14/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-5-2018: Endeavour Silver Corp. announces an Exploration/Drilling Update report for its San Patricio deposit at the Parral project. Drilling results incl. 2.3m @ 0.72g/t Au, 1660g/t Ag, 6.5% Pb, 14.4% Zn from 449.6m. VANCOUVER, British Columbia, May 14, | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Godfrey Walton (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, May 14, 2018 -- Endeavour Silver Corp. (NYSE:EXK) (TSX:EDR) announces that exploration drilling on the Parral property in Chihuahua State, Mexico has intersected high grade silver-gold-lead-zinc mineralization assaying up to 1,660 grams per tonne (gpt) silver, 0.72 gpt gold, 6.52% lead and 14.45% zinc over 2.3 metres (m) true width within the San Patricio vein system (see Parral map). San Patricio Drill Results Twenty-one drill holes totalling 8,846 m of core have been drilled to test the San Patricio vein below small historic mine workings over a 1400 m strike length. Three mineralized areas were intersected, of which the largest and central zone now measures 600 m long by 250 m vertical (starting 150 m deep) by 1-3 m true thickness, still open to the south and at depth (see San Patricio longitudinal section). Drill hole SPT-20, at the bottom south end of the central mineralized zone is the best hole drilled to date, intersecting three parallel veins, all of which carry strong polymetallic mineralization. Drilling highlights include the aforementioned 1,660 gpt silver, 0.72 gpt gold, 6.52% lead and 14.45% zinc over 2.3 m true width (50.0 oz per ton (opT) AgEq (silver and gold only, excluding base metals) over 7.5 feet (ft)). Luis Castro, Vice President, Exploration for Endeavour Silver, commented, “We are very encouraged to discover these new zones of high grade polymetallic mineralization within the San Patricio vein system. Hole 20 suggests the vein system blossoms into three parallel veins of higher grades moving to the south and at depth where the central mineralized zone is wide open for expansion. “Last year on the Parral property, we conducted verification drilling within the Remedios-Argentina zone, one of three historic resource areas in the Veta Colorada vein system, as well as step out drilling to discover new high grade resources within the Palmilla vein system. That allowed us to release a maiden resource for the Parral property in February this year (see Endeavour News Release date February 7, 2018). “We continue to drill the San Patricio vein system where another 10 holes totalling 5,000 mare planned. Another 3,500 m will be drilled to test the Orión vein located 850 m west of San Patricio and the south extension of Veta Colorada in the San Joaquin area. At Veta Colorada, underground drilling in the Sierra Plata and El Verde areas will test the extent of mineralization to depth.” | |
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