Endeavour Silver Drilling Intersects High-Grade Gold-Silver Mineralization at the Bolanitos Mine in Durango, Mexico
Endeavour Silver Corp. (NYSE: EXK) announced significant findings from its 2021 exploration drill program at the Bolañitos Mine in Guanajuato, Mexico, targeting the Melladito and Belen orebodies. Highlights include drill hole BN-64 revealing 8.09 gpt gold and 1,044 gpt silver over a 1.0 m width, equating to 1,611 gpt silver equivalent. Drill hole BL1.5S-4 showed 4.43 gpt gold and 148 gpt silver over 2.34 m, amounting to 458 gpt silver equivalent. Continued strong results are expected as exploration progresses, according to Vice President of Exploration, Luis Castro.
- High-grade drill results indicating strong mineralization.
- Significant silver and gold equivalent values reported.
- Ongoing exploration could lead to further resource expansion.
- None.
VANCOUVER, British Columbia, May 20, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) has intersected high grade gold-silver mineralization in its 2021 exploration drill program to expand the Melladito and Belen orebodies at the Bolañitos Mine in Guanajuato State, Mexico. The Company is currently producing from four orebodies at Bolañitos: Plateros, Lucero, San Miguel and Melladito. Exploration drilling is ongoing along the Melladito and Belen veins (view longitudinal sections here).
Highlights from the latest drill results include:
- 8.09 grams per tonne (gpt) gold and 1,044 gpt silver for 1,611 gpt silver equivalent (AgEq at an 70:1 silver:gold ratio) over a 1.0 metre (m) true width (47.0 oz per short ton (opT) AgEq over 3.3 feet (ft)), including 14.2 gpt gold and 1,974 gpt silver for 2,966 gpt AgEq over 0.26 m (86.5 opT AgEq over 1.0 ft) in drill hole BN-64 on the Melladito HW vein
- 4.43 gpt gold and 148 gpt silver for 458 gpt AgEq over a 2.34 m true width (13.4 opT AgEq over 7.7 feet (ft)), including 13.22 gpt gold and 129 gpt silver for 1,054 gpt AgEq over 0.19 m (30.7 opT AgEq over 0.7 ft) in drill hole BL1.5S-4 on the Belen HW vein
Luis Castro, Vice President of Exploration, commented, “We continue to intersect strong drill results as we step out from the current margins of the Melladito and Belen orebodies, with a number of other targets to drill, along both the Melladito and Belen veins.”
Drill results are summarized in the following table:
| Hole | Structure | From | True width | Au | Ag | AgEq |
| (m) | (m) | (gpt) | (gpt) | (gpt) | ||
| BN-62 | Hw Melladito | 52.65 | 1.25 | 2.27 | 354 | 513 |
| Including | 54.00 | 0.23 | 10.28 |
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FAQ
What recent drill results were reported by Endeavour Silver Corp. for EXK?
Endeavour Silver Corp. reported drill hole BN-64 with 8.09 gpt gold and 1,044 gpt silver, equating to 1,611 gpt silver equivalent.
What is the significance of the exploration at Bolañitos Mine for EXK?
The ongoing exploration at Bolañitos Mine aims to expand gold-silver resources, with promising drill results bolstering investment potential.
What are the key highlights from the recent press release about Endeavour Silver Corp.?
Key highlights include high-grade intersections in the Melladito and Belen orebodies and strong results from the 2021 exploration drill program.
Endeavour Silver Corp.
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