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Endeavour Silver Reports In-Fill Drill Results on Terronera Property in Jalisco State, Mexico

Endeavour Silver Corp. announces that in-fill drilling on the Terronera property in Jalisco State, Mexico continues to define high grade, silver-gold mineralization within the Terronera vein system. The main mineralized zone extends over 1,400 metres (m) in length, to 350 m deep and is still open along strike to the southeast and down dip (view long section here).

Recent drilling highlights are summarized in the table below and include 717 grams per tonne (gpt) silver and 2.94 gpt gold (923 gpt silver equivalent (AgEq)) over 6.56 metres (m) true width, or 26.9 ounces per ton (opT) AgEq over 21.5 feet (ft), including 4,860 gpt silver and 2.99 gpt gold (5,069 gpt AgEq) over 0.39 m true width, or 147.8 opT AgEq over 1.3 ft in hole TR10.5-1.

Hole Structure From True Width Au Ag AgEq
(m) (m) (gpt) (gpt) (gpt)
TR10.5-1 Terronera 380.75 6.56 2.94 717 923
Including 386.90 0.39 2.99 4,860 5,069
TR12-6 Terronera 419.15 4.53 1.83 71 199
Including 423.35 0.34 3.90 206 479
Fw Terronera 436.50 1.59 0.35 243 268
Including 436.50 0.07 0.53 764 801
TR14-7 Terronera 363.90 4.78 3.91 109 383
Including 372.25 0.48 11.05 246 1020
TR15-6 Hw Terronera 126.70 2.10 1.22 737 823
Including 127.55 0.34 3.34 2,140 2,374
TR16-9 Terronera 212.20 2.67 2.18 72 225
Including 214.45 0.38 5.56 133 522
Hw Terronera 254.75 0.23 2.60 152 334
TR17-5 Terronera 83.35 1.80 0.43 216 246
Including 83.35 0.40 0.88 484 546
TR18-6 Hw Terronera 48.10 5.28 3.48 53 296
Including 52.75 0.20 23.80 90 1,756
TR19-6 Hw Terronera 57.85 1.74 0.35 179 204
Including 59.35 0.13 0.25 354 372
TR20-7 Terronera 80.70 4.99 2.70 81 270
Including 81.55 0.25 17.15 431 1,632
Old Working 87.75 3.22 Old Working
Hw Vein 97.80 5.85 1.54 174 282
Including 99.10 0.31 6.48 186 640
TR20-8 Terronera 67.60 5.35 2.73 112 302
Including 69.60 0.49 0.58 651 692
Old Working 74.05 1.80 Old Working
Hw Terronera 80.00 7.72 0.85 106 166
Including 89.05 0.59 0.12 301 310
TR21-5 Terronera 42.45 13.22 1.55 145 254
Including 45.60 0.48 4.57 102 422
Hw Terronera 83.80 4.04 5.34 107 481
Including 83.80 0.23 27.60 74 2,006
TR24-2 Terronera 46.55 2.11 0.35 168 192
Including 46.55 0.49 0.09 402 408
TR24-3 Terronera 77.65 10.32 1.96 82 219
Including 79.15 0.31 19.40 69 1,427
Including 93.10 0.19 1.57 684 794
TR25-3 Terronera 102.70 1.69 7.21 268 773
Including 103.25 0.40 13.05 354 1,268

Silver equivalents are calculated at a ratio of 70:1 silver:gold.

Luis Castro, Vice President of Exploration, commented, "These in-fill drill results continue to confirm high grade silver-gold mineralization over substantial true widths in the Terronera vein. The deposit is still open for expansion at depth and to the southeast, and we now have high priority drill targets identified in several other mineralized, subparallel veins to the north of the Terronera vein.

"Three drill rigs are currently working on the Terronera property for step-out drilling along the Terronera vein and exploratory drilling of some new targets. We used a June 30 cut-off date of drill results in order to update the resource estimate and facilitate mine engineering and economic analysis for the pre-feasibility study now underway."

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.

Source: http://www.edrsilver.com/

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