Close X Cookies are necessary for the proper functioning of By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
Gold & Silver Prices in
Endeavour Silver Drilling Extends High Grade Silver-Gold Mineralization on the San Sebastian Property in Jalisco State, Mexico
Published : December 19, 2012

Drilling Intersects 301 gpt Silver and 0.32 gpt Gold Over 16.2 m True Width

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2012) - Endeavour Silver Corp. (News - Market indicators)(NYSE:EXK)(FRANKFURT:EJD) announces that exploration drilling on the San Sebastian property in Jalisco State, Mexico has now extended the recently discovered high grade silver-gold mineralization in the Terronera vein to more than 900 meters (m) long by 300 m deep, still open for expansion.

The latest drilling highlights at San Sebastian include 301 grams per tonne (gpt) silver and 0.32 gpt gold over a 16.2 m true width (9.2 ounces per ton (opT) silver equivalents over 53.2 feet (ft)) in hole TR9-1 based on a silver: gold ratio of 50:1; including a very high grade interval of 4,460 gpt silver and 2.24 gpt gold over 0.42 m true width (133.3 opT silver equivalents over 1.4 ft).

Drilling highlights are as follows: To view Longitudinal Section, visit following link:

San Sebastian Drill Highlights
Hole Vein From
True Width
TR07-1 Terronera 199.30 6.75 1.07 413 466
Including 205.20 1.40 0.53 973 1,000
TR08-1 Terronera 212.95 3.25 0.28 124 138
Including 215.00 0.59 0.27 229 243
TR08-3 Terronera 159.20 4.12 1.10 377 432
Including 163.70 0.77 0.41 802 822
TR09-1 HW Terronera 56.40 7.65 0.87 485 529
Including 60.05 0.48 1.11 1,845 1,901
Terronera 69.00 16.21 0.32 301 317
Including 84.15 0.42 2.24 4,460 4,572
TR09-2 Terronera 213.40 2.54 0.29 130 144
Including 217.85 0.30 0.64 446 478
TR09-3 Terronera 266.65 3.80 0.83 184 225
Including 271.35 0.86 0.80 441 481
TR10-1 Terronera 233.00 2.95 1.12 144 200
Including 237.90 0.50 0.47 476 500
FW Terronera 265.70 7.75 0.34 141 158
Including 270.30 0.96 1.24 500 562
TR12-2 FW Terronera 452.30 10.73 0.36 355 373
Including 462.00 0.96 1.30 1,195 1,260
TR13-2 Terronera 394.60 6.6 1.90 98 185
Including 396 0.49 2.28 132 246
TR18-1 HW Terronera 253.4 8.99 2.17 62 170
Including 256.5 1.08 3.87 147 340
Terronera 359.85 9.25 3.32 103 269
Including 367.8 0.84 12.30 323 938

Luis Castro, Vice President, Exploration, commented, "Our 2012 exploration drilling program on the San Sebastian property continues to extend the zone of high grade silver-gold mineralization in the Terronera vein announced earlier this year (see news release dated May 22, 2012: We have had two drill rigs working this year to delineate this exciting new discovery, the zone of mineralization is still open along strike and we look forward to resuming our drill program after the holiday break."

Godfrey Walton, M.Sc., P.Geo. President and COO, is the Qualified Person who reviewed and approved this news release and supervised the drilling programs on the San Sebastian property. A Quality Control sampling program of reference standards, blanks and duplicates has been instituted to monitor the integrity of all assay results. All samples were split at the San Sebastian 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 and other elements are determined by AA.


BRADFORD COOKE, Chief Executive Officer

About Endeavour Silver Corp. - Endeavour Silver is a premier mid-tier silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted seven consecutive years of growing silver production, reserves and resources. The organic expansion programs now underway at Endeavour's three operating silver mines in Mexico combined with its strategic acquisition and exploration programs should facilitate Endeavour's goal to become the next premier senior silver mining company.

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of the United States private securities litigation reform act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking statements and information herein include, but are not limited to, statements regarding Endeavour's anticipated performance in 2011, including revenue, cash cost and capital cost forecasts, silver and gold production, timing and expenditures to develop new silver mines and mineralized zones, silver and gold grades and recoveries, cash costs per ounce, capital expenditures and sustaining capital and the use of the Company's working capital. The Company does not intend to, and does not assume any obligation to, update such forward-looking statements or information, other than as required by applicable law.

Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Endeavour and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others: fluctuations in the prices of silver and gold, fluctuations in the currency markets (particularly the Mexican peso, Canadian dollar and U.S. dollar); fluctuations in the price of consumed commodities, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and Mexico; operating or technical difficulties in mineral exploration, development and mining activities; risks and hazards of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected geological conditions, pressures, cave-ins and flooding); inadequate insurance, or inability to obtain insurance; availability of and costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, reliability of calculation of mineral reserves and resources and precious metal recoveries, diminishing quantities or grades of mineral reserves as properties are mined; the ability to successfully integrate acquisitions; risks in obtaining necessary licenses and permits, global market events and conditions and challenges to the Company's title to properties; as well as those factors described in the section "risk factors" contained in the Company's most recent form 40F/Annual Information Form filed with the S.E.C. and Canadian securities regulatory authorities.

Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the continued operation of the Company's mining operations, no material adverse change in the market price of commodities, mining operations will operate and the mining products will be completed in accordance with management's expectations and achieve their stated production outcomes, and such other assumptions and factors as set out herein.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.

Endeavour Silver Corp.
Lana McCray
Manager, Corporate Communications
Toll free: 877-685-9775 or (604) 685-9775
(604) 685-9744 (FAX)
Companies Mentionned : Atomic | Endeavour | Endeavour Silver | Reliance | Silver Mines | Strategic |
Data and Statistics for these countries : Canada | Mexico | All
Gold and Silver Prices for these countries : Canada | Mexico | All

Endeavour Silver Corp.

ISIN : CA29258Y1034
CUSIP : 29258Y 10 3
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
Projects & res.
Asset profile
Contact Cpy
Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
Corporate Presentations of Endeavour Silver Corp.
5/28/2010Morning notes - Christopher Berry, MBA
2/19/2010(Video) Mina Guanaceví Durango México
2/15/2010(Video) Guanacevi Video
In the News and Medias of Endeavour Silver Corp.
7/7/2010Q2 production surges
6/1/2010Sean Brodrick: Bull Market for Gold and Silver
5/11/2010Strong production boosts Endeavour Silver's Q1 profits
4/26/2010(Audio) David Morgan interviewed by Ellis Martin of The Oppo...
3/1/2010 Endeavour Silver - Silver Producer Focused On Growth
3/1/2010Silver Fundamentals - Endeavour Silver
1/4/2010Endeavour Silver ranked in the top tier among small silver m...
3/28/2006Follow up N° 2
Annual reports of Endeavour Silver Corp.
2009 Annual report
2008 Annual Report
2007 Annual Report
Financings of Endeavour Silver Corp.
11/11/2010Announces $50.1 Million Bought Deal Financing
1/1/2009Closes CA$3 Million in Two Private Placement Financings
12/17/2008Arranges CA$4 Million Special Warrant Private Placement
Option Grants of Endeavour Silver Corp.
6/16/2007Grants Stock Options
Nominations of Endeavour Silver Corp.
1/22/2013Announces Three New Management Appointments
8/20/2012Appoints New Director to the Board and New Manager of Corpor...
3/19/2008Announces Change of CFO for Health Reasons and New Appointme...
1/3/2008Appoints New CFO
12/3/2007Announces Four New Appointments to Operations Team in Mexico
10/11/2007(Guanacevi)Appoints New Vice President, Mexico Operations; Provides Upd...
Financials of Endeavour Silver Corp.
7/15/2013Adjusts Second Quarter 2013 Revenues 12% Higher; Second Quar...
11/4/2011Reports $8.9 Million Adjusted Earnings in Q3, 2011; Revenues...
10/13/2011Production Continued to Rise in 3rd Quarter, 2011; Revenues ...
8/3/2011Reports $10.6 Million Adjusted Earnings in Q2, 2011 Thanks t...
5/5/2011Reports $14.5 Million Adjusted Earnings in Q1, 2011, Thanks ...
3/22/2011Reports Record Earnings, Cash-Flow and Revenues in 2010
5/16/2009Reports Financial and Operating Results for Q1, 2009; Silver...
7/9/2008(Guanajuato (bolanitos))Production on Target in Second Quarter, 2008;
4/7/2008Reports Financial and Operating Results for 2007; Revenues U...
11/15/2007 Reports Record Silver Production and Sales Revenues in Thir...
Project news of Endeavour Silver Corp.
9/3/2013(Guanacevi)Reports Fatality at Guanacevi Mine
1/14/2013Delivers 8th Consecutive Year of Production Growth in 2012; ...
1/31/2012(Guanajuato (bolanitos))Forecasts Eighth Consecutive Year of Production Growth, 60% ...
1/10/2012(Guanajuato (bolanitos))Sets New Production Records in 4th Quarter, 2011; Silver Pro...
12/13/2011(Guanajuato (bolanitos))Discovers Two New High Grade Silver-Gold Veins at the Guanaj...
12/6/2011(Guanajuato (bolanitos))Continues to Extend High Grade Silver-Gold Mineralization in...
9/22/2011(Guanajuato (bolanitos))Intersects 448 gpt Silver and 14.0 gpt Gold Over a 4.6 Meter...
9/6/2011(La Presidenta Chile)Options La Presidenta Silver Property in Chile
6/28/2011(Guanajuato (bolanitos))Drilling Continues to Intersect High Grade Silver-Gold Miner...
6/1/2011(Guanacevi)Acquires Several New Properties Covering Unexplored Vein Sys...
3/1/2011(Parral)Expands Indicated and Inferred Silver-Gold-Zinc-Lead Resourc...
11/23/2010(Guanajuato (bolanitos))Discovers Swarm of New High Grade Gold-Silver Veins Near Luc...
1/7/2009Drilling Extends High Grade Silver Mineralization in Alex Br...
9/23/2008(Guanacevi)Additional Drilling Continues to Expand Three New Silver Zon...
9/9/2008(Guanajuato (bolanitos))Discovers Four New Zones of High Grade Silver-Gold Mineraliz...
8/6/2008(Guanajuato (bolanitos))Drilling Extends "3785" Silver-Gold Zone at Cebada Mine, Out...
6/12/2008(Guanacevi)Drilling Intersects Thicker, Deeper Extension of Santa Cruz ...
3/3/2008 Announces NI 43-101 Reserve/Resource Update: Proven/Probab...
2/26/2008(Guanajuato (bolanitos))Drilling Intersects New Gold-Silver Zone at Cebada Mine, Gua...
2/12/2008(Parral)Exploration Review Of 2007 And Exploration Outlook For 2008
6/12/2007Discovers New High Grade Lead- Zinc-Copper-Gold-Silver Miner...
Corporate news of Endeavour Silver Corp.
1/29/2015s Reserve and Resource Estimates, Provides Production and Co...
11/1/2013to Report Third Quarter 2013 Financial Results Before Market...
10/9/2013Sets New Production Record in Third Quarter, 2013; Produces ...
9/16/2013Raises 2013 Production Guidance to 6.0 Million oz Silver and...
9/11/2013Drilling Intersects New Silver-Gold Mineralization Near Hist...
8/6/2013Reports Second Quarter, 2013 Financial Results; Conference C...
7/22/2013Drilling Intersects Three Gold-Silver Mineralized Zones Near...
7/10/2013Sets New Production Record in Second Quarter, 2013; Produces...
6/11/2013Drill Program Continues to Intersect High Grade Silver-Gold ...
6/3/2013Re-Commissions El Cubo Plant on Time and Budget; Plant Now O...
5/23/2013Reports Results of Annual General Shareholder Meeting
5/6/2013Reports First Quarter 2013 Financial Results, Conference Cal...
5/6/2013Reports First Quarter 2013 Financial Results, Conference Cal...
4/29/2013Implements Cost Reductions, Revises 2013 Financial Plan to R...
4/19/2013Reports Fatality of Contractor Employee at El Cubo Mine
4/8/2013Reports Record Production in First Quarter, 2013; Produces 1...
3/12/2013Reports Record Earnings, Cash Flow and Revenue in 2012, Conf...
3/5/2013Announces New Appointment to Management Team; 2012 Financial...
2/25/2013Reports Strong Reserve and Resource Growth in 2012
2/13/2013Sustainability Review 2012 and Outlook 2013
1/30/2013Forecasts Ninth Consecutive Year of Production Growth, El Cu...
12/19/2012Drilling Extends High Grade Silver-Gold Mineralization on th...
11/28/2012(Guanacevi)Acquires San Fernando Property Adjacent to Milache Discovery...
11/12/2012Appoints Luis Castro, Ing., as Vice President, Exploration
11/12/2012Appoints Luis Castro, Ing., as Vice President, Exploration
11/12/2012Appoints Luis Castro, Ing., as Vice President, Exploration
11/6/2012Reports Third Quarter 2012 Financial Results; Q3, 2012 Confe...
10/9/2012Illegal Work Stoppage at El Cubo Lease Facilities
9/24/2012Continues to Extend High Grade Silver-Gold Mineralization in...
9/18/2012Extends High Grade Silver-Gold Mineralization in the Lana Ve...
9/10/2012Provides El Cubo Capital Budget and Operational Update
8/7/2012Reports Second Quarter 2012 Financial Results; Arranges $75 ...
7/10/2012Production Continues to Climb in Second Quarter, 2012; Produ...
6/29/2012and AuRico Gold Extend Closing of the Purchase/Sale of the E...
6/19/2012Options Lourdes Property in Guanajuato, Mexico
6/5/2012Clarifies Technical Disclosure for the El Cubo Mine and Guad...
5/22/2012Discovers High Grade Silver-Gold Mineralization at the San S...
5/8/2012Reports Record Adjusted Earnings for Q1, 2012, Up 35% to $19...
4/24/2012to Release First Quarter 2012 Financial Results on May 8, 20...
4/15/2012and AuRico Gold Sign Definitive Agreement
4/11/2012Reports Record Production in First Quarter, 2012; Produces 1...
3/19/2012Expands Its Reserves/Resources for 8th Consecutive Year
3/7/2012to Release 2011 Financial Results on March 20, 2012, Confere...
1/24/2012Review of Exploration Results in 2011 and Plans for 2012
1/17/2012Initiates Two $500,000, 5 Year Scholarship Programs for Eart...
10/19/2011Options Lomas Bayas Silver-Gold Property in Chile; Third Qua...
7/19/2011to Release Second Quarter 2011 Financial Results on August 3...
7/11/2011Reports Continued Production Growth in 2nd Quarter, 2011; Pr...
4/26/2011to Release First Quarter 2011 Financial Results on May 5, 20...
4/11/2011Reports Record Production in First Quarter, 2011; Produces 9...
3/7/2011Announces Transfer of Common Share Listing From NYSE Amex to...
2/1/20112010 Exploration Review and Exploration Plans for 2011
1/19/2011Forecasts Seventh Consecutive Year of Production Growth at L...
1/6/2011Sets New Production Records in 4th Quarter, 2010, Silver Pro...
12/7/2010Revised Takeover Bid for Cream Minerals Expires; Endeavour I...
12/7/2010Revised Takeover Bid for Cream Minerals Expires; Endeavour I...
12/7/2010Revised Takeover Bid for Cream Minerals Expires; Endeavour I...
12/7/2010Revised Takeover Bid for Cream Minerals Expires; Endeavour I...
12/1/2010Cream Board of Directors Recommends Acceptance of Amended En...
11/19/2010Confirms Amended Offer for Cream Minerals of $0.14 per Share...
11/9/2010Agrees to Amend Offer for Cream Minerals to $0.14 per Share ...
12/24/2008David Morgan's Latest Commentary
11/21/2008David Morgan's Latest Commentary on Silver
11/10/2008Webcast Rodman & Renshaw Conference, Monday November 10
10/24/2008David Morgan Provides Fresh Insight on Silver Market
10/14/2008Production Jumps as Forecast in 3rd Quarter, 2008
9/16/2008Chairman and CEO Comments to Shareholders: Fundamentals Rem...
9/5/2008Present at The Silver Summit, Coeur d'Alene, Idaho
3/26/2008 David Morgan Exclusive Interview -Third in a Series
2/22/2008 & David Morgan - February Interview
2/19/2008Endeavour Acquires Navegantes Properties Near Parral Distric...
11/27/2007Acquires El Milache Properties Along Trend from Porvenir Min...
10/17/2007 Sets New Record For Quarterly Silver Production, Up Sharply...
9/25/2007Update of Exploration and Acquisition Programs in Mexico
9/17/2007Review of Operations and Revised 2007 Forecast
8/31/2007Reports Update on Cash Position and Short Term Investments
8/15/2007Reports Higher Quarterly Sales Revenues, Silver Production, ...
8/10/2007Silver Supply & Demand
8/1/2007 Reports Higher Silver Production In Q2, 2007, Up 23% to 430...
7/11/2007Raises 2007 Production Forecast to 2.8 million Oz Silver; Bo...
6/20/2007Shareholders Re-Elect Board, Appoint New Director
5/17/2007Brien Lundin's Latest Review and Recommendation
5/15/2007Reports Record Quarterly Sales Revenues, Mine Operating Cash...
1/27/2007Lists on the American Stock Exchange Trading Symbol "EXK"
1/13/2006Silver Gold Newsletter
10/16/2005Update from Goldletter International
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
CA$ 3.49
01/30 16:00 0.180
Prev close Open
3.31 3.40
Low High
3.29 3.56
Year l/h YTD var.
2.69 -  3.74 29.74%
52 week l/h 52 week var.
2.13 -  6.84 -28.04%
Volume 1 month var.
238,168 37.40%
24hGold TrendPower© : -7
Produces Gold - Silver
Explores for Copper - Gold - Lead - Silver
Interactive chart Add to compare
Print Compare Export
Last updated on : 12/27/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
5 years chart
3 months chart
3 months volume chart
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.