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Endeavour Silver Corp.
Summary
| Project: | Terronera | |
|---|---|---|
| Deposit: | Terronera | |
| Location: | Mexico | |
| Commodities: | Silver-Gold | |
| Date: | 10/24/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 24-10-2016: Endeavour Silver Corp. announces an Exploration/Drilling Update report for its Terronera deposit at the Terronera project. Drilling results incl. 6.56m @ 2.94g/t Au, 717g/t Ag from 380.75m. Vancouver, Canada – October 24, 2016 - Endeavour Silv | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Godfrey Walton (Internal) | |
| ABSTRACT: | Vancouver, Canada – October 24, 2016 - Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) announces that in-fill drilling on the Terronera property in Jalisco State, Mexico continues to define high grade, silver-gold mineralization within the Terronera vein system. The main mineralized zone extends over 1,400 metres (m) in length, to 350 m deep and is still open along strike to the southeast and down dip. Luis Castro, Vice President of Exploration, commented, “These in-fill drill results continue to confirm high grade silver-gold mineralization over substantial true widths in the Terronera vein. The deposit is still open for expansion at depth and to the southeast, and we now have high priority drill targets identified in several other mineralized, subparallel veins to the north of the Terronera vein. “Three drill rigs are currently working on the Terronera property for step-out drilling along the Terronera vein and exploratory drilling of some new targets. We used a June 30 cut-off date of drill results in order to update the resource estimate and facilitate mine engineering and economic analysis for the prefeasibility study now underway.” 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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