Over the weekend, the Canadian silver-gold producer active in Mexico surprised Endeavor Silver Corp. (ISIN: CA29258Y1034 / TSX: EDR) with excellent drilling results that really make you sit up and take notice. The company announced that additional high-grade silver-gold hits were landed within the Santa Cruz vein on the El Curso property located on the Guanacevi mine in Durango state.
Eight of the total of eleven drill holes continued to intersect gold-silver mineralization with absolutely mineable widths, one of which is extremely high grade.
Source: Endeavor Silver
That stands out particularly Borehole UCM-29containing 2,307 g / t silver and 3.15 g / t gold over 3.2 m actual width. This corresponds to a gold-to-silver ratio of 80: 1 2,599 G/t Silver equivalent and 74.6, respectively Ounces per ton of silver equivalent (AgEq) !!! But also the UCM-30 borehole was included 1.409 g / t silver and 3.13 g / t gold over a width of 3.1 m stately from!
Source: Endeavor Silver
At ‘El Curso’, delineation drilling of the extension of the original ‘P4’ ore body continued with holes UCM-29 through UCM-38 to the northwest. The extension being tested with a current length of 600 m and a width of 400 m is still open even along strike and at depth. While Endeavor Silver is currently concentrating on the development of the ‘El Curso’, ‘Milache’ and ‘SCS’ deposits, the focus will very soon be on closing gaps in the west towards the ‘Milache’ ore body.
These are again awesome drilling results from Endeavor Silver! Very few expected such high levels. This high grade ore should sooner or later lead to a further increase in profitability of the company!
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