Drilling Intersects Three Gold-Silver Mineralized Zones In Guanajuato State

 

VANCOUVER - Endeavour Silver Corp. reported that exploration drilling at the Company's Bolauitos mine in Guanajuato State, Mexico has intersected three high grade, gold-enriched silver mineralized zones near mine workings in the Asuncion, La Luz and Plateros areas of the La Luz vein system.

Surface and underground drilling highlights include: 122 grams per tone (gpt) silver and 3.32 gpt gold over 3.43 metres (m) true width, or 9.4 ounces per ton (opT) silver equivalents over 11.3 feet (ft), in hole ASU12-12, including 392 gpt silver and 15.1 gpt gold over 0.48 m true width, or 37.8 opT silver equivalents over 1.6 ft, in Asuncion area; 124 gpt silver and 3.45 gpt gold over 4.4 m true width, or 9.7 opT silver equivalents over 14.4 ft, in hole PL6-1, including 224 gpt silver and 7.46 gpt gold over 0.54 m true width, or 19.6 opT silver equivalents over 1.8 ft, in the Plateros vein; 120 gpt silver and 2.21 gpt gold over 7.9 m true width, or 7.4 opT silver equivalents over 25.8 ft, in hole LZ18-1, including 398 gpt silver and 3.28 gpt gold over 0.7 m true width, or 17.3 opT silver equivalents over 2.3 ft in the La Luz vein.

Each of the three new mineralized zones is about 200 m long by 100 m deep, and two are readily accessible for mining from nearby historic workings.

Luis Castro, Vice President of Exploration, said, With our refined understanding of the local geological controls on mineralization at Bolauitos, our surface and underground exploration teams are now finding gold-rich extensions of silver mineralized zones in the vicinity of historic mine workings.  These areas will be included in our year-end resource estimate and mine plan  In fact, the mine operations team has already gained access to and commenced production from the Asuncion area.