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Stock Market & Financial Investment News

News Breaks
August 21, 2014
07:36 EDTEXKEndeavour Silver acquires La Bufa exploration property in Chihuahua, Mexico
Endeavour Silver announces it has entered into an agreement with Lincoln Mining Corporation to purchase a 100% interest in the La Bufa exploration property located adjacent to Endeavour's existing exploration properties in the Guadalupe y Calvo gold-silver district, Chihuahua, Mexico. Endeavour will issue 90,000 common shares in consideration for the purchase on or before September 19, less that number of shares equal to an amount of $19,000 plus 5% interest advanced by Endeavour to Lincoln on July 29. The agreement is subject to a due diligence period ending September 12 and the common shares of Endeavour will be subject to a four-month hold period from date of issue. The property is subject to a 2% net smelter return royalty on mineral production payable to a subsidiary of Almaden Minerals.
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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