Endeavour Silver Corp.

Endeavour Silver Continues to Define High Grade, Silver-Gold Vein Mineralization at Terronera Property in Jalisco State, Mexico

Share article on

Endeavour Silver Corp. (NYSE: EXK, TSX: EDR - http://www.commodity-tv.net/c/mid,5429,News/?v=296465) 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.

About Endeavour – Endeavour Silver Corp. is a mid-tier precious metals mining company with three high-grade, underground, silver‑gold mines in Mexico. Since start‑up in 2004, Endeavour has grown its mining operations organically to produce 11.4 million ounces of silver equivalents in 2015. Development of Endeavour’s high-grade discovery on the Terronera property in Jalisco state, the permitted El Compas mine and plant in Zacatecas state, and the prospective Parral properties in Chihuahua state, should facilitate the Company’s goal to become a premier senior producer in the silver mining sector.

Contact Information - For more information, please contact Meghan Brown, Director Investor Relations
Toll free: 1-877-685-9775
Tel: 604-640-4804
Fax: 604-685-9744
Email: mbrown@edrsilver.com
Website: www.edrsilver.com

Swiss Resource Capital AG
Jochen Staiger
info@resource-capital.ch
www.resource-capital.ch

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 2016 and the timing and results of various activities. 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, 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; the speculative nature of mineral exploration and development, risks in obtaining necessary licenses and permits, 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.



New Videos Endeavour Silver Corp.


Notification of holding in the Company

Allan Gray Proprietary Limited (“Allan Gray”) has increased its interest to 9,456,200 common shares representing 17.91% of the common shares in issue....

Caledonia Mining Corp.

Notice of Posting of AGM Materials and Proposed Listing on the NYSE MKT LLC

Special resolutions are proposed at the AGM to consolidate the share capital of the Company principally in order to facilitate the listing of the...

Caledonia Mining Corp.

Unlocking a Goliath Treasure in Ontario

PI Financial: Buy Treasury Metals - 1.20 CAD - Unlocking a Goliath Treasure in Ontario 

Treasury Metals Inc.