Endeavour Reports Intersection High-Grade Gold-Silver Mineralization

by / Monday, 17 August 2015 / Published in Gold & Silver

Endeavour Silver Corp (NYSE: EXK; TSX: EDR) reports that drilling on the Bolanitos property in Mexico has intersected high-grade, gold-silver mineralization within three historic veins — San Ignacio-San Miguel, La Joya and Gabriela. Further, Gabriela mineralization is adjacent to historic mine workings that are readily accessible for development. Recent drilling highlights include 23 grams per metric ton (gpt) silver and 16.2 gpt gold over 4.6 meters true width. “We are encouraged that our exploration drilling continues to find new zones of high grade mineralization at relatively shallow depths within historic veins on the Bolanitos property,” says Luis Castro, vice president of exploration. “The Gabriela mineralization sits adjacent to historic mine workings that should provide easy access for future mining if a large enough block of mineral can be outlined.”

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Source: Kitco