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VANCOUVER, BC–(Marketwired – June 27, 2016) – Endeavour Silver Corp. (TSX: EDR) (NYSE: EXK) announces that its surface exploration program has outlined several prospective new silver-gold veins on the Terronera property in Jalisco State, Mexico. To date, mapping has extended the Terronera vein system over a 7 kilometre (km) by 7 km area and identified …

VANCOUVER, BC–(Marketwired – June 27, 2016) – Endeavour Silver Corp. (TSX: EDR) (NYSE: EXK) announces that its surface exploration program has outlined several prospective new silver-gold veins on the Terronera property in Jalisco State, Mexico. To date, mapping has extended the Terronera vein system over a 7 kilometre (km) by 7 km area and identified nine additional veins in the northern half of the property (view map).
Sampling of the Terronera vein system confirmed that high-grade, low sulphidation epithermal silver-gold mineralization is present in many of the veins. Assays of several thousand samples, including grab samples, selected samples and chip samples, returned values up to 2,880 grams per tonne (gpt) silver and up to 26.7 gpt gold.
Assay highlights from five of the new veins are summarized in the table below. These assays are intended to show peak values confirming the presence of high-grade mineralization and should not be taken as representative of the entire veins. Most of these new veins have never been tested by drilling. Silver equivalents are calculated at a ratio of 70:1 silver:gold.
VeinSample NoAuAgAgEq
(gpt)(gpt)(gpt)
Las Coloradas175406.412,8803,329
175420.59850891
175431.521,0051,111
175550.13294303
175790.25282300
Los Reyes158080.10585592
158131.93393528
158140.99562631
158751.42630729
172594.031,0501,332
172640.73743794
173021.94575711
La Ermita152610.13398407
153580.88506568
153590.48387421
153610.55290329
153670.37423449
153690.431,3551,385
154700.13342351
El Padre142230.87135196
1406110.10148855
142080.58174215
142260.52227263
142291.97315453
142070.73325376
142210.66358404
La Luz1284020.705061,955
128325.31555927
140190.52564600
128366.825671,044
128627.815761,123
128375.70589988
1283826.707632,632
1283311.157631,544
128088.098181,384
129077.409511,469

General descriptions of five of the new veins are shown in the table below:

TargetLength (m)Width (m)General DescriptionResults (ranges)
Au ppmAg ppm
Las Coloradas7000.85-2.30Quartz vein (gray, saccaroidal to massive); with disseminated sulphides; dendriticOxMn, OxFe in fractures; associated argillized rhyolitic volcanics, with oxidized disseminated pyrite0.005-6.414.0-2880
Los Reyes1,8000.25-2.55Quartz vein (white-crystalline); with traces of OxMn + OxFe; hosted in silicified rhyolitic volcanics0.006-4.030.2-1050
La Ermita6000.15 – 3.00Quartz vein (white-massive), with moderate to strong OxFe + OxMn + hematite, in druses and boxworks; traces of pyrite and other sulphides; with stockwork zones at the hanging wall and footwall.0.005-0.880.4-1355
El Padre1,8000.40 – 4.00Quartz vein (white-massive); with moderate to strong oxidation, at some parts intense OxMn. Quartz stockwork observed at the hanging wall. with disseminated pyrite and traces of gray sulphides, intervals with very white quartz and weak oxidation.< 0.005-10.10< 0.2-358
La Luz1,5500.30 – 3.00Quartz Vein (white-massive), with moderate to strong oxidation; some hydrothermal breccias with stockwork zones, with moderate oxidation, and some massive quartz, with weak oxidation; OxFe + OxMn;< 0.005-26.70.5-951

Luis Castro, Vice President of Exploration, commented, “These excellent sample results confirm that Endeavour owns an entire vein district on the Terronera property, with many veins exhibiting high-grade silver-gold mineralization and small historic mine workings but no past exploration drilling. Currently we have two drill rigs testing the El Padre and La Luz veins.”
Godfrey Walton, M.Sc., P.Geo., Endeavour’s President and COO, is the Qualified Person who reviewed and approved this news release and supervised the drilling programs in Mexico. A Quality Control sampling program of reference standards, blanks and duplicates has been instituted to monitor the integrity of all assay results. All samples are split at the local field office and shipped to ALS-Chemex Labs, where they are dried, crushed, split and 50 gram pulp samples are prepared for analysis. Gold and silver are determined by fire assay with an atomic absorption (AA) finish.
About Endeavour – Endeavour Silver Corp. is a mid-tier precious metals mining company that operates three high-grade, underground, silver-gold mines in Mexico. Since start-up in 2004, the Company has organically grown its mining operations to produce 11.4 million ounces of silver equivalents in 2015. Endeavour’s growing discovery of high-grade silver-gold mineralization on the Terronera property in Jalisco state, combined with the recent acquisition of the permitted El Compas mine and plant in Zacatecas state, should facilitate the Company’s goal to become a premier senior producer in the silver mining sector.
Image Available: http://www.marketwire.com/library/MwGo/2016/6/27/11G104341/Images/Terronera_Project_Veins_Map-1557f52ad5d7a1a38739a310ed0692a5.jpg

For more information, please contact:
Meghan Brown
Director Investor Relations
Toll free: 1-877-685-9775
Tel: 604-640-4804
Fax: 604-685-9744
Email: mbrown@edrsilver.com
Website: www.edrsilver.com

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