Endeavour Silver Corp. recently announced that it has extended its high grade, gold-silver mineralization in three zones of the Santa Cruz vein while drilling in the Guanacevi Mine located in Durango State, Mexico.
The Deep Porvenir, Shallow Porvenir and Santa Cruz mineralized zones are next to historic mine workings, which are easily accessible for mine development in the future.
There have been new drilling highlights that cover 351 grams per ton (gpt) of silver, 0.41 gpt of gold or 379 gpt silver equivalent (AgEq), and more than 4.6 meters true width (or 11 ounces per ton) of AgEq. There were more than 15.1 feet or 2,960 gpt silver as well as 1.8 gpt gold (3,086 gpt AgEq). The miners found more than 0.23 meters of true width (or 90 ounces per ton AgEq) more than 0.8 feet in hole UNP9-3. The mine calculates its silver equivalents by 70:1 silver:gold.
“Each of the three new zones of mineralization are in areas of the Santa Cruz vein we thought had low potential due to some widely spaced, low grade holes drilled in previous years,” Luis Castro, vice president of exploration, said. “These results show that high grade mineralization can be found in such areas, even adjacent to historic mine workings readily accessible for future mine development.”
