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Transaction Announcement Reports
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Project: | Terronera | |
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Deposit: | Terronera | |
Location: | Mexico | |
Commodities: | Silver-Gold | |
Date: | 4/3/2017 | |
Report Code: | NI43-101 | |
Report Type: | Pre-Feasibility Study | |
Project Stage: | Mine Development | |
Report details: | 3-4-2017: Endeavour Silver Corp. announces a Pre-Feasibility Study report for its Terronera deposit at the Terronera project. Initial reserve estimate + updated resources + Pre-Feasibility study results. Endeavour Silver Corp. (Endeavour Silver) commissio | |
Resources: | (Reserve, Prob.): 4.06Mt @ 207g/t Ag, 1.95g/t Au for 27Moz Ag, 255koz Au at project | |
CP/QP: | [Resources]: E. Puritch, Y. Wu (P&E Mining Consultants Inc.) | |
ABSTRACT: | Endeavour Silver Corp. (Endeavour Silver) commissioned Smith Foster & Associates Inc. (SFA) to prepare a Preliminary Feasibility Study (PFS) for the Terronera Project compliant with Canadian Securities Administrators (CSA) National Instrument 43-101 (NI 43-101). The project was formerly known as the San Sebastián Project, however, in March, 2015, Endeavour formally changed its name to the Terronera Project and, on April 30, 2015, Endeavour Silver issued a Preliminary Economic Assessment (PEA) of the Terronera Project. Endeavour Silver is a mid-tier silver mining company engaged in the exploration, development, and production of mineral properties in Mexico. Endeavour Silver is focused on growing its production, Mineral Reserves, and Mineral Resources in Mexico. Since start-up in 2004, Endeavour Silver has posted numerous consecutive years of growth of its silver mining operations. Endeavour Silver owns and operates the Guanaceví Mine located in the northwestern Durango State, and the El Cubo and Bolañitos Mines, both located near the city of Guanajuato in Guanajuato State, Mexico. In May, 2016 Endeavour Silver acquired Oro Silver Resources Ltd. which owned the El Compas gold-silver mine property and held a five-year renewable lease on the 500tpd La Plata mineral processing plant in Zacatecas, Mexico. | |
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