Endeavour Silver (TSX: EDR, NYSE: EXK) announces it has acquired 100% interests in two small but prospective mineral property groups, Calicanto and Veta Grande, located in the historic silver mining district of Zacatecas in Zacatecas state, Mexico.
All of the properties host old mines and/or known silver-gold veins that were underexplored by modern methods and are being acquired for their near-term mine exploration and development potential, given their proximity to Endeavour’s El Compas Mine and La Plata plant, also located in the Zacatecas district.
Bradford Cooke, Endeavour CEO and Director, stated:
We are very happy to add these new properties to our exploration portfolio in Zacatecas. The two transactions confirm there are good opportunities to consolidate a larger mineral land position in Zacatecas, one of the largest historic silver mining districts in Mexico. Drilling is now underway at the Calicanto properties and we expect to permit and drill the Veta Grande properties later this year.
Endeavour Silver is a mid-tier precious metals mining company that owns three high grade, underground, silver-gold mines in Mexico.
Click here to read the full text release.
The post Endeavour Silver Acquires Additional Properties in Zacatecas, Mexico appeared first on Investing News Network.
Wolfden Resources (TSXV:WLF) has announced that additional deep drill holes in the company's ongoing infill and…
Gold Set to Soar Above $1,300 – Goldman and Bank of America – Growing fiscal…
The finest-known 1792 silver half disme, once in the possession of then-Secretary of State Thomas…
In precious metals futures action Tuesday, gold and palladium climbed for a second straight session…
The finest known 1792 silver Half Disme, once in the possession of then-Secretary of State…
Goldnomics Podcast: Silver Guru – David Morgan – Silver and Gold Will Protect in the…