For thousands of other reports visit RSC's Mineral Intellingence Map
Endeavour Silver Corp.
Summary
| Project: | Terronera | |
|---|---|---|
| Deposit: | Terronera | |
| Location: | Mexico | |
| Commodities: | Silver-Gold | |
| Date: | 6/27/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 27-6-2018: Endeavour Silver Corp. announces an Exploration/Drilling Update report for its Terronera deposit at the Terronera project. Drilling results incl. 21.2m @ 3.2g/t Au, 618g/t Ag from 546.4m. VANCOUVER, British Columbia, June 27, 2018 -- Endeavour | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Godfrey Walton (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, June 27, 2018 -- Endeavour Silver Corp. (NYSE:EXK) (TSX:EDR) announces that infill drilling within the Terronera vein system on the Terronera property in Jalisco State, Mexico (see Terronera map here) has consistently intersected high grade silver-gold mineralization in nine drill holes. The best intercept to date returned 618 grams per tonne (gpt) silver and 3.2 gpt gold over 21.2 metres (m) true width (25.1 oz per short ton (opT) silver equivalent (AgEq) over 69.6 feet (ft) in hole TR11-4 (see Terronera long section here)). All nine drill holes were targeted to fill gaps in the drill pattern, with the goal to upgrade up to one million tonnes of inferred resources to measured and indicated resources so they can be included in the mine plan for Terronera, and to expand the inferred resources at depth. Hole TR11-4 is the deepest mineralized hole drilled to date, it intersected the mineralized zone at 430 m vertical depth, and remains open at depth. Luis Castro, Vice President, Exploration for Endeavour Silver, commented, “These infill drill results should have a positive impact on our reserves and resources. The high silver and gold grades, excellent continuity of mineralization and significant exploration upside to expand the resources reinforce our view that Terronera has the potential to become the next key asset for the Company.” The infill drill program is now 60% complete, with 5,990 m drilled out of 10,000 m planned. Once the infill drill program is completed in September and full drill results are available, a revised resource estimate will be prepared, but the new results will not be in time to include in the updated pre-feasibility study anticipated to be released in August. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report