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Endeavour Silver (TSX:EDR) reported that drilling at its Guanaceví Mine in Mexico has extended high-grade gold mineralization within three zones in the Santa Cruz vein.
Endeavour Silver (TSX:EDR) reported that drilling at its Guanaceví Mine in Mexico has extended high-grade gold mineralization within three zones in the Santa Cruz vein.
As quoted in the press release:
Recent drilling highlights are summarized in the table below and include 351 grams per tonne (gpt) silver and 0.41 gpt gold (379 gpt silver equivalent (AgEq)) over 4.6 metres (m) true width, or 11.0 ounces per ton (opT) AgEq over 15.1 feet (ft), including 2,960 gpt silver and 1.8 gpt gold (3,086 gpt AgEq) over 0.23 m true width, or 90.0 opT AgEq over 0.8 ft in hole UNP9-3.
Endeavour Silver VP of exploration, Luis Castro, said:
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. 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.