The Conversation (0)
Endeavour Silver Corp. (TSX:EDR) reported that it has entered into an option and joint venture agreement with La Sociedad Quimica Minera de Chila SA in order to acquire a 75% interest in the El Inca silver-gold property in Chile.
Endeavour Silver Corp. (TSX:EDR) reported that it has entered into an option and joint venture agreement with La Sociedad Quimica Minera de Chila SA in order to acquire a 75% interest in the El Inca silver-gold property in Chile.
As quoted in the press release:
El Inca is believed to lie within the southern extension of the Bolivian silver-tin belt. This belt hosts the very large Cerro Rico deposit, the San Bartolome mine (Couer D’Alene) as well as the San Cristobal mine (Sumitomo) in Bolivia and the Pirquitas mine (Silver Standard) in Argentina. The belt has been a world renowned source of silver production since the 16th century.
Barry Devlin, Vice President of Exploration for Endeavour stated:
The El Inca properties have excellent exploration potential for both bulk tonnage, open pit silver-lead-zinc mines like San Cristobal and high grade, underground silver-gold mines like El Penon (south of El Inca in Chile) so we are pleased to strike this deal with SQM. El Inca represents another district scale, silver exploration opportunity to add to Endeavour’s portfolio of exciting exploration properties.
Click here to read the full press release.
