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Endeavour Silver Corp Experiences Substantial Growth in Reserves and Resources

Written by Investing News Network
|
Feb. 25, 2013 10:24AM PST

Endeavour Silver Corp. (TSX:EDR, NYSE:EXK) announced that for the ninth consecutive year, the Company has delivered substantial growth of its consolidated silver and gold reserves and resources.

Endeavour Silver Corp. (TSX:EDR, NYSE:EXK) announced that for the ninth consecutive year, the Company has delivered substantial growth of its consolidated silver and gold reserves and resources.

As quoted in the press release:

Endeavour more than replaced the proven and probable reserves it depleted in 2012 and increased its resources in all categories as a result of its successful acquisition, exploration and development programs. Gold reserves and resources rose more than silver reserves and resources because both the newly discovered mineralized zones at Bolanitos and San Sebastian and the recently acquired El Cubo and Guadalupe y Calvo properties have more gold relative to Guanacevi.

Endeavour Silver Corp’s CEO, Bradford Cooke, said:

Endeavour enjoyed another strong year of reserve and resource growth thanks to the success of our acquisition, exploration and development programs. Our talented exploration team continues to discover new, high grade silver-gold deposits each year within historic silver mining districts such as Guanacevi, Guanajuato and San Sebastian, and the recently acquired El Cubo mine and Guadalupe y Calvo property were also accretive to our reserves and resources

To view the whole press release, click here.

nyse:exk silver reserves tsx:edr
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