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December 19, 2012
08:20 EDTEXKEndeavour Silver drilling extends high grade silver-gold mineralization
Endeavour Silver announces that exploration drilling on the San Sebastian property in Jalisco State, Mexico has now extended the recently discovered high grade silver-gold mineralization in the Terronera vein to more than 900 meters long by 300 m deep, still open for expansion. The latest drilling highlights at San Sebastian include 301 grams per tonne silver and 0.32 gpt gold over a 16.2 m true width; 9.2 ounces pert on silver equivalents over 53.2 feet in hole TR9-1 based on a silver: gold ratio of 50:1; including a very high grade interval of 4,460 gpt silver and 2.24 gpt gold over 0.42 m true width; 133.3 opT silver equivalents over 1.4 ft.
News For EXK From The Last 14 Days
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May 12, 2015
05:40 EDTEXKEndeavour Silver releases positive PEA for Terronera Project
Endeavour Silver released a positive Preliminary Economic Assessment, or PEA, for its emerging new high grade silver-gold discovery on the large, historic and prospective Terronera Project in Jalisco State, Mexico. Endeavour acquired an option to purchase the property in 2010, commenced exploration drilling in 2011, discovered the Terronera mineralized zone in 2012, established an initial resource and purchased the property in 2013 and continued infill drilling to delineate a more substantial resource in 2014. Total pre-production capital expenditures of $65.4M; Construction period of 12 months; Total operating revenue of $542M from estimated sales of 20.4M oz of silver and 138,500 oz of gold at $18 per oz silver and $1,260 per oz gold; Mine-life of 10.3 years.

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