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Stock Market & Financial Investment News

News Breaks
February 4, 2014
07:56 EDTEXKEndeavour Silver povides FY13 exploration results, FY14 plans
Endeavour Silver released a review of the company's exploration results in 2013 and its exploration plans for 2014. The company's exploration drilling programs in Mexico enjoyed continued success in 2013, highlighted by the discovery of two areas of high-grade, silver-gold vein mineralization at the Bolanitos and El Cubo mines respectively in Guanajuato State, and the extension of a thick, high-grade, silver-gold vein discovery within the Terronera vein on the San Sebastian property in Jalisco State. This year, Endeavour's focus will be on brownfields exploration around the three operating mines to replace reserves, expand resources and increase mine lives in the light of the current low precious metal prices. The company will also continue exploring the Terronera discovery at the San Sebastian property. Other green-fields exploration programs have been deferred until metal prices improve. This year, the company plans to spend $10.7M on exploration, including 54,000 m of drilling in about 120 holes to test multiple brownfields exploration targets in addition to the underground mine exploration infill drilling programs and excluding capitalized property costs. In December, 2013, we completed environmental studies and filed an application to permit the development of a new mine on the San Sebastian property. In 2014 we plan to conduct further exploration, engineering and economic studies of this prospective new find.
News For EXK From The Last 14 Days
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April 16, 2014
09:00 EDTEXKEndeavour Silver rises 10.6%
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April 15, 2014
07:35 EDTEXKEndeavour extends new high grade silver-gold mineralization at El Cubo Mine
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April 9, 2014
07:39 EDTEXKEndeavour Silver reports Q1 production 1.9M oz silver, 18,519 oz gold
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April 7, 2014
14:30 EDTEXKEndeavour Silver reports second fatal accident at mining operations in Mexico
Endeavour Silver report the death of an employee on Saturday, April 5, due to a rock fall underground at the V-Asuncion mine, part of the El Cubo mine operations in Guanajuato State, Mexico. The V-Asuncion mine was closed immediately and an internal investigation has been completed. Endeavour is now working with the Mexican authorities to facilitate their investigation of this accident. The company said, "As this is the second fatal accident at Endeavour's mining operations in Mexico in the last week, the company has decided to immediately implement a full safety retraining program at all three mines. Each mine will shut down for two days so each shift in turn can receive a two day refresher course on safety policies and practices. In addition, Endeavour will retain a group of safety specialists to review the company safety programs and implement their recommendations." The company is already ahead of its production plan for the year so the mine closures are not expected to impact production guidance, Endeavour added.

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