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Endeavour Silver Corp

Endeavour Silver Corp (EDR)

6.29
0.01
(0.16%)
마감 22 11월 6:12AM

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EDR Discussion

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Houstonian Houstonian 1 일 전
Apparently not any more!
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drumkids drumkids 3 주 전
it's just keeps going up!
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drumkids drumkids 1 월 전
silversqueeze me !
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kairos kairos 4 월 전
No doubt, most everything crushed but EXK also had disappointing financials so big loser. Got me by surprise for sure and had to sell early yesterday morning. After this filing probably won't be back to this one. I like CDE long and held thru the carnage last two days ...
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DJK18 DJK18 4 월 전
not in the last two days it hasn't!! Take about a white-washing
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Joe Kaplan Joe Kaplan 4 월 전
https://www.zerohedge.com/news/2024-07-29/china-wants-all-latam-silver-part-1

My read is that ....Lat Am..is ..Latin America
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kairos kairos 4 월 전
What a beauty EXK has been.
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continuity continuity 4 월 전
strong day!
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gandalf48ct gandalf48ct 5 월 전
what was up with that 14-15 M in volume EOD???? Crazy!!
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continuity continuity 6 월 전
possible gapper monday. happy to be aboard.
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continuity continuity 6 월 전
happy this is being held down at 10% for the day... hilarious. I am in!
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Oleblue Oleblue 6 월 전
Endeavour Silver: Presentation at the German Resource Night



The stock broke the long term downtrend line.
Weekly Chart
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Bountiful_Harvest Bountiful_Harvest 8 월 전
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=EXK&insttype=Stock
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drumkids drumkids 8 월 전
$silver squeeze oh my!
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drumkids drumkids 8 월 전
up up and away
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Oleblue Oleblue 10 월 전
The price continues to fall and is below the 8 EMA on the weekly chart. A turn around would require it to break the 8 EMA on the upside.

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gandalf48ct gandalf48ct 10 월 전

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DBS DBS 11 월 전
Ya, One of the under performing stocks in the sector, now an At-the-Market Offering of up to US$60 Million? Thank goodness I only bought a starter position last week at $1.92. Maybe I'll get some 1.80's. UGH.
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gandalf48ct gandalf48ct 11 월 전
19.5 M?? what's up with that??
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drumkids drumkids 1 년 전
$EXK Is kicking some ass!!!!!
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drumkids drumkids 1 년 전
Like I said silver goes up EXK goes up SILVERSQUEEZE me!
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drumkids drumkids 1 년 전
The way i see it, if your worried about your investment you should sale and move on, like it or not this is a silver hard money stock , it will move up with silver, besides their reinvesting in more drilling and producing more silver.. like it or not it's going higher. sale your puts if I were you before you lose...
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jsc52033 jsc52033 1 년 전
June 27 press relaeas it is on Yahoo FInance
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drumkids drumkids 1 년 전
show me the 8k when these were issued...
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jsc52033 jsc52033 1 년 전
how can you not have dilution when they issue $60 million more in sahres
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drumkids drumkids 1 년 전
no dilution , low volume. moving with silver price. I have been here for years..
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jsc52033 jsc52033 1 년 전
not sure where hey see positive earning Yahoo finance shows a loss of .01 and selling
new shares is dillution. market shows its down 3.6% today
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douginil douginil 1 년 전
Thanks drumkids
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drumkids drumkids 1 년 전
$EXK https://beststocks.com/endeavour-silver-corp-receives-buy-rating-and-pos/
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jsc52033 jsc52033 1 년 전
exk is selling new shares huge dilution in the works
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jsc52033 jsc52033 1 년 전
exk is selling new shares huge dilution in the works
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drumkids drumkids 2 년 전
EXK bullish GOLD and SILVER is going Up
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Houstonian Houstonian 2 년 전
The BRICS countries are all talking about going back onto the gold standard.
I would think that would have a HUGE positive impact on the price of gold. It might be the best time in recent years to own gold. Or to own stock in a company with huge gold reserves!
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jsc52033 jsc52033 2 년 전
what experation and strick price
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Engelhard Engelhard 3 년 전
looks like the stock price @ $3.89 is consolidating above long term support @$3.25 and falling.. if it retests those low 3's again i will pull the trigger on more shares
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52wkhi 52wkhi 3 년 전
go EXK
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shermann7 shermann7 3 년 전
I bought a bunch more EXK Apr 14 2022 5 Calls @ .35 - Folks will be real happy on these by Mid January ... I now own 100 of these options.

GLTA - Shermann
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douginil douginil 3 년 전
Endeavour Silver Intersects High-Grade Silver-Gold Mineralization at its Guanacevi and Bolañitos Operations

December 02, 2021

VANCOUVER, British Columbia, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) is pleased to report continued high-grade drill results from its 2021 exploration program at the Guanacevi Mine in Durango State, Mexico and the Bolañitos Mine in Guanajuato State, Mexico. Exploration drilling is ongoing at both operations and will continue in 2022.

Highlights from Recent Drill Results

Guanacevi

- 1.97 gpt Au and 1,254 gpt Ag for 1,412 gpt AgEq over a 3.22 m ETW, including 3.6 gpt Au and 2,690 gpt Ag for 2,978 gpt AgEq over 0.2 m (UCM-67), extending the El Curso orebody along strike

- 4.36 gpt Au and 1,450 gpt Ag for 1,798 gpt AgEq over a 3.18 m ETW, including 7.97 gpt Au and 4,568 gpt Ag for 5,206 gpt AgEq over 0.31 m (SCSU-11), extending the Santa Cruz South (SCS) orebody to depth

Bolañitos

- 8.08 gpt Au and 151 gpt Ag for 797 gpt AgEq over a 1.67 m ETW, including 89.6 gpt Au and 880 gpt Ag for 8,046 gpt AgEq over 0.08 m (BS-04), on a new discovery, the Tepetateras vein, located south of current workings

- 1.26 gpt gold and 241 gpt silver for 342 gpt AgEq over a 0.96 m ETW (BS-03), on the Lulu vein, south of current workings


Dan Dickson, CEO, commented, “We continue to see exceptional drilling results within the El Curso and the Santa Cruz Sur systems at our Guanacevi silver mine. We have been operating at Guanacevi for more than 15 years and these encouraging results support our view that we can continue to extend the mine life.”

Mr. Dickson continued, “Endeavour was built on the drill bit and exploration will continue to be a cornerstone of our strategy as we pursue our vision of being a premier senior silver producer.”

At Guanacevi, underground drilling continues to expand down plunge extensions of the El Curso and the Santa Cruz South (SCS) orebodies (view Guanacevi longitudinal sections). From January through October, more than 14,000 metres in 38 holes have been drilled at Guanacevi from underground.

At Bolañitos, surface and underground drilling has intersected multiple mineralized structures near current workings (view Bolanitos longitudinal sections). Tepetateras is a new area south of Bolañitos situated 1.7 kilometres from Endeavour Silver’s historic Golondrinas Mine. Since the beginning of the year, over 11,500 metres in 59 holes have been drilled at Bolañitos identifying mineralization in structures near current workings.



Read more & view tables at:
https://www.edrsilver.com/English/news/press-release-details/2021/Endeavour-Silver-Intersects-High-Grade-Silver-Gold-Mineralizationat-its-Guanacevi-and-Bolaitos-Operations/default.aspx
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douginil douginil 3 년 전
Endeavour Silver Files NI 43-101 Technical Report on the Feasibility Study of the Terronera Project, Jalisco State

October 25, 2021

VANCOUVER, British Columbia, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) announces it has filed the 2021 feasibility study technical report entitled “NI 43-101 Technical Report on the Feasibility Study of the Terronera Project, Jalisco State, Mexico (“Technical Report”)”, prepared by Wood PLC and dated October 21, 2021 with an effective date of September 9, 2021. The report was prepared in accordance with National Instrument 43-101 and filed on SEDAR and EDGAR today. The report can be viewed on SEDAR at www.sedar.com and on the Company’s website, under the Mining Assets, Development section. The results of the Technical Report were previously announced in the Company’s news release dated September 9, 2021. Additional details and charts presented in the 2021 Feasibility Study webinar presentation are available (here) or on the Company website. There have been minor cost reallocations from the information provided in the September 9, 2021 news release, with no impact on the economic metrics.


Read more at:
https://www.edrsilver.com/English/news/default.aspx#2021#Endeavour-Silver-Files-NI-43-101-Technical-Report-on-the-Feasibility-Study-of-the-Terronera-Project-Jalisco-State

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douginil douginil 3 년 전
Endeavour Silver Produces 1,305,399 oz Silver and 10,541 oz Gold for 2.1 Million oz Silver Equivalents in Q3, 2021; 2021 Consolidated Production Guidance Raised to 7.7 – 8.0 Million oz Silver Equivalents

October 07, 2021

VANCOUVER, British Columbia, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) reports production of 1,305,399 silver ounces (oz) and 10,541 gold oz in Q3, 2021, for silver equivalent (“AgEq”) production of 2.1 million oz at an 80:1 silver:gold ratio, totaling 6.1 million AgEq oz for the 9 months ended September 30, 2021.

Management has increased 2021 consolidated production guidance to 7.7 – 8.0 million oz silver equivalents to reflect continued strong performance at Guanacevi due to higher than expected grades and tonnage milled. Full details are provided in the section, “Revision to Full Year 2021 Guidance” in this news release.

2021 Third Quarter Highlights

- Consolidated Production Ahead of Plan: Silver equivalent production at each mine is on track to meet or exceed 2021 production plans.

- Guanacevi Production Ahead of Plan: Higher throughput and higher silver and gold grades resulted in record production during the quarter, ahead of the annual plan. Based on continued strong performance, the operations team has significantly improved the production outlook for the full year, resulting in an estimated 20% increase in silver equivalent metal.

- Bolanitos Production on Plan: Processed tonnes were ahead of plan, offset by lower ore grades.

- El Compas Suspended: Final stockpiles were processed subsequent to the suspension of operations in early August. Most of the company personnel have been transferred to other sites or laid off, while the mine and plant have been placed on temporary care and maintenance. Management is evaluating several opportunities.

- Metal Sales and Inventories: Sold 699,540 oz silver and 9,925 oz gold, held 1,030,304 oz silver and 1,211 oz gold of bullion inventory and 37,100 oz silver and 2,028 oz gold in concentrate inventory. Management continued to withhold metal from sale during the price correction over the third quarter and plans to sell the withheld metal inventory in anticipation of a precious metal prices rebound.

- Robust Economics in the Terronera Feasibility Study: Favorable outcomes including improved confidence in the project cost, design and operability provide a strong position for securing project financing. The Terronera Project Technical Report, authored in accordance with National Instrument 43-101, will be filed on SEDAR and EDGAR by October 24, 2021.

- Acquired Bruner Gold Project in Nye County, Nevada: Completed the acquisition of an advanced stage gold exploration project in a favourable jurisdiction for US$10 million in cash.

Dan Dickson, CEO, commented, “We are well positioned to exceed our original full year consolidated production guidance, which has led to the decision to formally revise our annual targets. Our 2021 business plan shows strong performance, which has resulted in higher production than last year, despite suspending operations at the small El Compas mine. This reaffirms an important year of investment into our people and culture programs to ensure the long-term sustainability of our operations.”

“Entering the fourth quarter, we are also continuing with our exploration programs and anticipate releasing additional drill results at Terronera, building on the encouraging regional results we announced previously this year. We are advancing the Terronera development and continue to negotiate critical contracts, procure various long lead equipment items and general mine equipment, are increasing the work force and preparing for early earth works.”


Read more at:
https://www.edrsilver.com/English/news/press-release-details/2021/Endeavour-Silver-Produces-1305399-oz-Silver-and-10541-oz-Gold-for-2.1-Million-oz-Silver-Equivalents-in-Q3-2021-2021-Consolidated-Production-Guidance-Raised-to-7.7--8.0-Million-oz-Silver-Equivalents/default.aspx


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douginil douginil 3 년 전
Endeavour Silver

September 09, 2021

Endeavour Silver Completes Feasibility Study on the Terronera Project in Jalisco State, Mexico. Robust Economics Supported by Larger Mineral Reserves, Higher Annual Silver Production and Longer Mine Life;

Video Webcast and Q&A at 7AM PDT (10AM EDT) Today

VANCOUVER, British Columbia, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) is pleased to announce it has now completed a Feasibility Study (“FS”) on the 100% owned Terronera Project in Jalisco state, Mexico. Robust economics are supported by larger mineral reserves, higher annual production and longer mine life (“LOM”) compared to the 2020 Pre-Feasibility Study (“Endeavour Silver Corp. Terronera Project NI 43-101 Technical Report dated July 31, 2020) (“2020 PFS”).

The Feasibility Study supports a high grade, silver-gold underground mining operation at Terronera producing an average of 3.3 million payable ounces (“oz”) silver and 32,874 payable oz gold per year over a 12-year mine life. Endeavour management worked with Wood PLC for 12 months to complete the FS, which included comprehensive reviews of the construction, operations, and costs, to provide confidence for project completion within budget and on schedule. Endeavour Silver has commenced initial earthworks and intends to make a formal construction decision subject to completion of a financing package, and receipt of additional amended permits later this year. An additional $13 million budget has been approved to advance the initial earthworks, site clearing, temporary camp and ordering of long lead items for a cumulative 2021 development budget of $21 million approved to date.

Wood PLC will author the Technical Report in accordance with National Instrument 43-101, to be filed on SEDAR and EDGAR within 45 days of this news release.

The FS base case assumes a silver price of $20 per oz and a gold price of $1,575 per oz with an implied 79:1 silver to gold ratio, and a Mexican Peso to US Dollar exchange rate of 20:1. The FS also presents project sensitivities including a sensitivity scenario using a spot silver price of $24 per oz and a spot gold price of $1,800 per oz. All currency references herein are in US$.

A video webcast to discuss the results of the Feasibility Study is scheduled for today, Thursday September 9, 2021, at 7:00 a.m. Pacific time (10:00am Eastern time) with Chief Executive Officer, Dan Dickson. The investor presentation which accompanies this news release is available (here). All details with respect to participation in the webcast are outlined in the “2021 Feasibility Study Video Webcast” section below.


Read more at:

https://www.edrsilver.com/English/news/press-release-details/2021/Endeavour-Silver-Completes-Feasibility-Study-on-the-Terronera-Project-in-Jalisco-State-Mexico.--Robust-Economics-Supported-by-Larger-Mineral-Reserves-Higher-Annual-Silver-Production-and-Longer-Mine-Life-Video-Webcast-and-QA-at-7AM-PDT-10AM-EDT-Today/default.aspx
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douginil douginil 3 년 전
Endeavour Silver Completes Acquisition of Bruner Gold Project in Nye County, Nevada

September 1, 2021

VANCOUVER, British Columbia, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) (“Endeavour”) is pleased to announce that it has completed the acquisition of the Bruner Property, located in Nye County, Nevada, from Canamex Gold Corp. (“Canamex”) (see news release dated July 19, 2021). Endeavour paid US$10 million in cash for 100% of the Bruner Gold Project which includes mineral claims, mining rights, property assets, water rights, and government authorizations and permits.

The Bruner Gold Project is an exploration and development stage project located approximately 180 kilometres (km) southeast of Reno, Nevada. Gold was originally discovered in the district in 1906 and saw intermittent historic mining between 1906 and 1998. Recent exploration activities by previous operators included mapping, drilling, geophysical surveys and sampling culminating in a mineral resource estimate in 2015 and a preliminary economic assessment in 2017 outlining a low capital cost, open pit, heap leach operation.

A historic resource estimate of 342,000 ounces of gold contained in 17.5 million tonnes (t) grading 0.61 grams per tonne (gpt) in three zones, Paymaster, HRA and Penelas was prepared for Canamex in a technical report dated January 22, 2018 titled “NI 43-101 Technical Report on the Bruner Gold Project, Updated Preliminary Economic Assessment, Nye County, Nevada, USA” by Welsh Hagen Associates. A Qualified Person has not done sufficient work for Endeavour to classify the historical estimate as a current mineral resource or mineral reserve. Endeavour is not treating the historical estimate as a current mineral resource or mineral reserve, has not verified the historical resource estimate and is not relying on it. Endeavour plans to “twin” certain drill holes and conduct a drilling program to upgrade the historical estimate as a current mineral resource. Activities in Q4, 2021 will focus on surface work and data compilation and in 2022, Endeavour anticipates recommencing exploration work on high priority targets.

Endeavour CEO Dan Dickson commented, “We are pleased to add an advanced precious metals property to our project pipeline. Bruner should be an accretive acquisition for our five-year strategic plan to become a premier senior silver producer, with potential for exploration discoveries, district acquisitions, near-term production, and organic growth.

“We will provide a formal market update in our 2022 annual guidance on our exploration plans for the Bruner project. Our exploration team will focus initially on verifying the historic resources, then turn its attention to the many exploration targets on the Bruner Property. We look forward to unlocking the full potential of the Bruner Property with the goal of building a new mining operation in another historic mining district in Nevada.

“In the short term, our attention is on the Terronera Project, as we are nearing the completion of the Feasibility Study and we look forward to releasing the results.”

Read at:
https://www.edrsilver.com/English/news/default.aspx#2021#Endeavour-Silver-Completes-Acquisition-ofBruner-Gold-Project-in-Nye-County-Nevada
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douginil douginil 3 년 전
Endeavour Silver

August 18, 2021

Q2 has been about leadership change at Endeavour Silver. This past May, we announced a seamless management transition, that was an important part of the Company’s succession planning strategy. And with the first quarter now complete for a new C-Suite, we are making progress on key commitments. This includes our safety and culture programs, profitability and ESG as we position the company for its next stage of growth. Particularly on the ESG front, demand for data continues to grow, which is a driving catalyst to further improvements and new initiatives across our company.

We are currently formalizing a multiyear ESG business strategy that we anticipate to release in Q4. We will build on our existing sustainability practices to address the evolving landscape in this area. This will be especially important ahead of a development decision and project financing at Terronera.

In terms of our growth outlook, our attention is on Terronera. We’re now in the final stages of completing a feasibly study to de-risk the project and evaluating financings alternatives that will be used to start construction. The final feasibility study will be released this quarter and we will also host a detailed webcast to discuss these important results.

We are excited to launch a brand-new corporate presentation. NEW look and style. We hope you find it engaging and user friendly.

Revamped Corporate Presentation
https://s22.q4cdn.com/579360173/files/doc_financials/2021/q2/August-10-Website.pdf


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Jerry70 Jerry70 3 년 전
$ EXK. Has plenty of cash on hand and has no worry's what so ever here. GO > $EXK

“We are pleased to enter the second half of the year with a robust cash balance of $125 million and a clean balance sheet ahead of a potential construction decision for Terronera later this year. We will be completing the Feasibility Study during Q3 with a construction decision anticipated shortly thereafter.”
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douginil douginil 3 년 전
Endeavour Silver Reports Financial Results for the Second Quarter 2021; Earnings Conference Call at 10am PDT (1pm EDT) Today

August 10, 2021

VANCOUVER, British Columbia, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) released its financial results today for the three and six months ended June 30, 2021. The Company operates three silver-gold mines in Mexico: the Guanaceví mine in Durango state, the Bolañitos mine in Guanajuato state and the El Compas mine in Zacatecas state. All amounts reported are in United States (US) dollars.

Dan Dickson, CEO, commented, “From a financial standpoint, our Q2 performance was stronger than the respective period last year, as revenue, cash flow and earnings were all higher. However, our operating costs are clearly not where we want them to be. We are working to optimize our operating cost profile in the second half of 2021.”

“This month, we plan to suspend operations at El Compas due to exhaustion of reserves. This small asset represents less than 5% of 2021 consolidated production and will not affect our progress towards attaining or surpassing our production guidance for the year. Our remaining production platform at Guanacevi and Bolañitos is strong and sustainable with excellent brownfield exploration opportunities.”

“We are pleased to enter the second half of the year with a robust cash balance of $125 million and a clean balance sheet ahead of a potential construction decision for Terronera later this year. We will be completing the Feasibility Study during Q3 with a construction decision anticipated shortly thereafter.”

2021 Second Quarter Highlights

- Metal Production: Produced 1,073,724 ounces (oz) silver, up 80% and 11,166 oz gold, up 92%, in-line with guidance for 2.0 million oz silver equivalent (AgEq), up 85%, at an 80:1 silver:gold ratio, compared to Q2, 2020 when operations were suspended due to COVID-19 for a portion of the period.

- Net Revenue: Totaled $47.7 million, up 136%, from the sale of 1,120,266 oz silver and 9,810 oz gold at average realized prices of $26.82 per oz silver and $1,866 per oz gold. Management withheld metal sales in Q1, 2021 and continues to carry higher metal inventory totaling 459,659 oz silver and 1,891 oz gold of bullion inventory and 12,159 oz silver and 944 oz gold in concentrate inventory.

- Operating Costs: Cash cost(1) $13.03 per oz payable silver, up 369% year-on-year and all-in sustaining cost (AISC)(1) $25.39 per oz payable silver, up 70% year-on-year, net of gold credits. Operating costs were higher than budgeted due to global supply chain constraints creating inflationary pressures, increased labor costs, a strengthening Mexican Peso and increased operating development at Guanacevi.

- Cash Flow: $8.7 million in cash flow from operations before working capital changes, up 358% compared to Q2, 2020. The Company continued to hold significant finished goods, increased deposits for equipment purchases, invested in exploration activities and advanced the Terronera Feasibility Study.

- Earnings: Realized earnings of $6.7 million or $0.04 per share, up sharply compared to a loss of $3.3 million in Q2, 2020 due to increased mine operating earnings, the gain on the sale of the El Cubo asset and gain on the sale of marketable securities, offset by increased exploration and evaluation activities, higher general and administrative costs and higher tax expense. Excluding the gain on sale of the El Cubo asset, the adjusted earnings are $0.8 million. At quarter end, the finished golds inventory was carried at a cost of $10.1 million compared to the fair market value of $17.3 million.

- Strong Balance Sheet: Cash position $125.2 million and working capital $146.8 million. Raised $28.4 million in equity financing through an ATM facility, net of issuance costs. Only remaining term liabilities are equipment loans of $7.8 million.

- Completed the Sale of El Cubo: The transaction closed on April 9, 2021 for $19.8 million in cash and share payments with up to $3 million in contingent payments payable by Guanajuato Silver (previously Vangold Mining Corp).

Subsequent to the End of the Second Quarter 2021:

- Suspension of Operations at El Compas: The Company has decided to suspend mining and milling operations at El Compas in August. Mining assets and key talent will be transferred within the Company to Bolañitos and Terronera. The associated suspension costs are estimated to be $1.3 million, including $1.0 million in severance, to be incurred over the remainder of the year. Management is currently evaluating its alternatives for the assets.

- Agreement to Acquire Bruner Gold Project from Canamex: strategic acquisition opportunity for an advanced stage exploration property in a favorable jurisdiction for $10 million in cash. The agreement is subject to Canamex shareholder approval in Q3 (see EDR news release dated July 19, 2021).



Read more at:
https://www.edrsilver.com/English/news/default.aspx#2021#Endeavour-Silver-Reports-Financial-Results-for-the-Second-Quarter-2021-Earnings-Conference-Call-at-10am-PDT-1pm-EDT-Today
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Lowjack Lowjack 3 년 전
Uneconomical at any price!

If it was Canamex would have survived as a company!
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douginil douginil 3 년 전
Endeavour Silver Signs Agreement to Acquire Bruner Gold Project in Nye County, Nevada

July 19, 2021

VANCOUVER, British Columbia, July 19, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) announces it has entered into a definitive agreement (the “Agreement”) with Canamex Gold Corp. to acquire a 100% interest in Canamex’ Bruner Property, a gold exploration, located in Nye County, Nevada approximately 180 kilometres (km) southeast of Reno for US$10 million in cash.

Gold was originally discovered at Bruner in 1906 and the district saw intermittent historic small-scale mining between 1906 and 1998. Recent exploration activities by previous operators included mapping, sampling, geophysical surveys and drilling, culminating in a mineral resource estimate in 2015 and a preliminary economic assessment in 2017 outlining a low capital cost, open pit, heap leach mine operation.

Highlights of the Properties:

Acquiring a 100% interest totalling 1,457 hectares on patented and unpatented claims, subject to pre-existing NSR royalties, some of which can be repurchased.

Ideally located within Nevada’s Walker Lane northwest trending mineral belt currently hosting several producing mines and recent discoveries.

Readily accessible by paved highway and gravel roads only 25 km from the town of Gabbs, Nevada. High voltage power is available approximately 30 km from the project and water rights have been secured.

Favourable geology with gold and silver occurring in low-sulphidation epithermal veins and in disseminations within sheeted and stockwork zones. Three gold areas have been outlined within a broad 3 km zone of anomalous gold values.

Historic resources of 342,000 ounces of gold contained in 17.5 million tonnes grading 0.61 grams per tonne in three zones, Paymaster, HRA and Penelas, as estimated by Canamex Gold. Endeavour has not verified this historic resource estimate and is not relying on it. See below for historic resource estimate qualifications.

Strong potential to discover additional gold and silver mineralization amenable to open pit mining, as shown by surface sampling between Paymaster, HRA and Penelas zones.

Excellent metallurgy – cyanide leach test results show that each mineralized zone has gold recoveries > 85% for 0.75” to 3.0” crush size with potential for run-of-mine leaching.

Provides diversification with an advanced stage exploration project in Nevada, USA, a world class, stable mining jurisdiction.


Read more at:
https://www.edrsilver.com/English/news/default.aspx#2021#Endeavour-Silver-Signs-Agreement-to-AcquireBruner-Gold-Project-in-Nye-County-Nevada
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douginil douginil 3 년 전
Endeavour Silver Produces 1,073,724 oz Silver and 11,166 oz Gold for 2.0 Million oz Silver Equivalents in Q2, 2021

VANCOUVER, British Columbia, July 08, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) reports production of 1,073,724 silver ounces (oz) and 11,166 gold oz in Q2, 2021, for silver equivalent (“AgEq”) production of 2.0 million oz at an 80:1 silver:gold ratio. Production continues to outpace the 2021 production guidance of 6.1-7.1 million silver equivalent ounces, totaling 3.9 million AgEq oz for the 6 months ended June 30, 2021.

Quarterly production increased significantly compared to Q2, 2020, when mining operations were temporarily suspended as mandated by the Mexican government to halt the spread of the COVID-19 pandemic from April 2020 to late May 2020.

2021 Second Quarter Highlights

- Consolidated Production Ahead of Plan: Silver equivalent production at each mine is on track to meet or exceed 2021 production plans.

- Guanacevi Production Ahead of Plan: Higher throughput and higher grades resulted in production exceeding plan during the quarter and ahead of the annual plan.

- Bolanitos Production on Plan: Processed tonnes were ahead of plan, offset by slightly lower ore grades than planned during the quarter.

- El Compas Production on Plan: Processed tonnes were ahead of plan, offset by slightly lower ore grades than planned during the quarter.

- Metal Sales and Inventories: Sold 1,120,266 oz silver and 9,810 oz gold, held 459,659 oz silver and 1,891 oz gold of bullion inventory and 12,159 oz silver and 944 oz gold in concentrate inventory. Management withheld metal from sale during the price correction over last two weeks of June and plans to sell the withheld metal inventory in anticipation of a precious metal prices rebound in 2021.

- Sold the El Cubo Assets: Completed the sale of the El Cubo mine in Guanajuato, Mexico to Guanajuato Silver (Formerly named VanGold Mining Corp) for $15 million in cash and share payments, with up to $3 million in contingent payments.

- Seamless Management Succession Plan: Bradford Cooke stepped down as CEO and assumed the role of Executive Chair of the Company following the AGM on May 12, 2021. Dan Dickson assumed the role of CEO and Christine West was promoted to CFO.

- Delivered Positive Brownfields Exploration Results at Guanacevi and Bolanitos: Drilling continued to intersect high-grade silver-gold mineralization in the Santa Cruz vein at Guanacevi, and in the Medallito and Belen veins at Bolanitos.

- Delivered Positive Regional Exploration Result at the Terronera Development Project: Intercepted high-grade silver-gold mineralization in a number of structures near the Terronera vein. The Project Management Team continues to advance the feasibility study, which is expected to be completed during the third quarter of 2021.

Dan Dickson, Endeavour CEO, commented, “I am excited to lead the Endeavour team into the Company’s next chapter. I want to commend our management and employees who have professionally navigated the global pandemic with care and understanding for our fellow workers, business partners and communities. As an organization, our goal is to be a leader in our communities while delivering safe, sustainable production.”

In Q2, Endeavour delivered positive results in operations and exploration and is pushing to advance the Terronera project to a development decision with the completion of the Terronera Feasibility Study in Q3, 2021.”

Read at:
https://www.edrsilver.com/English/news/press-release-details/2021/Endeavour-Silver-Produces-1073724-oz-Silver-and-11166-oz-Gold-for-2.0-Million-oz-Silver-Equivalents-in-Q2-2021/default.aspx

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Jerry70 Jerry70 3 년 전
$ EXK. Has a TINY Share structure trading on the New York Stock Exchange already. GO > $EXK

https://www.otcmarkets.com/stock/EXK/security
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Jerry70 Jerry70 3 년 전
$ EXK. The website for $EXK. https://www.edrsilver.com/English/home/default.aspx
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