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Endeavour Silver Corp.

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Summary

Project:

Terronera

Deposit:Terronera
Location:Mexico
Commodities:Silver-Gold
Date:12/13/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:13-12-2016: Endeavour Silver Corp. announces an Exploration/Drilling Update report for its Terronera deposit at the Terronera project. Drilling results incl. 1.14m @ 58.63g/t Au, 408g/t Ag from 207.45m. Vancouver, Canada – December 13, 2016 - Endeavour Si
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Godfrey Walton (Internal)
ABSTRACT:Vancouver, Canada – December 13, 2016 - Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) announces that exploration drill programs on the El Compas property in Zacatecas State and the Terronera property in Jalisco State, Mexico have discovered new high-grade, silver-gold mineralized zones within recently identified epithermal quartz veins on each property. These two drill programs are being conducted as part of two ongoing economic studies, a preliminary economic assessment (PEA) for El Compas and a pre-feasibility study (PFS) for Terronera, to evaluate the potential for advancing each of these two development projects to production. At Terronera, recent drilling in the La Luz vein, located about 2,200 m northeast of the Terronera vein, has outlined a new high-grade, west plunging mineralized zone over 300 m long by 250 m deep starting approximately 100 m below surface and still open to surface and to depth (view long section here). Additional drilling of the Terronera vein continues to deepen the area of high-grade mineralization below the previously estimated resource. The main mineralized zone now measures over 1,400 m long by 400 m deep starting near surface, and remains open along strike to the southeast and down dip (view long section here). Luis Castro, Vice President of Exploration, commented, “These positive drill results confirm our view that both the El Compas and Terronera properties hold excellent exploration potential for the discovery of new veins and new mineralized zones. Our drill programs will break in mid-December for Christmas and we expect to receive final 2016 assays before we start drilling again in January.”

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