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Endeavour Silver Corp.
Summary
| Project: | Guanacevi | |
|---|---|---|
| Deposit: | Santa Cruz | |
| Location: | Mexico | |
| Commodities: | Silver-Gold | |
| Date: | 8/30/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-8-2017: Endeavour Silver Corp. announces an Exploration/Drilling Update report for its Santa Cruz deposit at the Guanacevi project. Drilling results incl. 3.4m @ 0.71g/t Au, 786g/t Ag from 231.4m. Vancouver, Canada – August 30, 2017 – Endeavour Silver | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Godfrey Walton (Internal) | |
| ABSTRACT: | Vancouver, Canada – August 30, 2017 – Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) announces that exploration drilling at the Guanaceví mine in Durango State, Mexico has extended high grade silver-gold mineralization along strike within the Santa Cruz vein and discovered new ore grade mineralization within a shallow, parallel splay of the Santa Cruz vein known as the La Negra vein. These holes extend the boundaries of the current resource area (dated December 31, 2016). Drilling highlights include 786 grams per tonne (gpt) silver and 0.71 gpt gold (836 gpt AgEq) over 3.4 m true width (24.4 opT AgEq over 11.2 feet (ft)), with an internal interval assaying 2,260 gpt silver and 1.73 gpt gold (2,381 gpt AgEq) over 0.3 m true width (69.4 opT AgEq over 1.0 ft) (view long sections here). Bradford Cooke, CEO of Endeavour Silver, commented, “These encouraging drill results continue to extend the resource envelope in the Santa Cruz vein at Guanaceví along strike from our current reserves and operating production areas. Another 15 drill holes have been completed and are in the lab for assaying. The 2017 drill program will wrap up this month below budget and ahead of schedule. We will then commence the process of the year-end resource and reserve estimation.” Godfrey Walton, M.Sc., P.Geo., Endeavour’s President and COO, is the Qualified Person who reviewed and approved this news release and supervised the drilling programs in Mexico. A Quality Control sampling program of reference standards, blanks and duplicates has been instituted to monitor the integrity of all assay results. All samples are split at the local field office and shipped to ALS-Chemex Labs, where they are dried, crushed, split and 50 gram pulp samples are prepared for analysis. Gold and silver are determined by fire assay with an atomic absorption (AA) finish. | |
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