Endeavour Silver Intersects 448 gpt Silver and 14.0 gpt Gold Over a 4.6 Meter Width in the Daniela Vein at the Guanajuato Mine in Mexico
Press Release Source: Endeavour Silver Corp. On Monday September 19, 2011, 8:19 am EDT
VANCOUVER, BRITISH COLUMBIA--(Marketwire -09/19/11)- Endeavour Silver Corp. (TSX: EDR.TO - News)(NYSE: EXK - News)(Frankfurt: EJD.F - News) announces that exploration drilling in the Lucero South area of Endeavour's Guanajuato Mines project in Guanajuato State, Mexico continues to intersect high silver and gold grades over mineable widths in the recently discovered Daniela vein.
Drilling highlights in the Daniela vein include 448 grams per tonne (gpt) silver and 14.0 gpt gold over 4.61 meters (m) true width (31.4 ounces per ton (opT) silver equivalent based on a silver: gold ratio of 45:1 over 15.1 feet (ft)) in hole DN-17; and 170 gpt silver and 7.73 gpt gold over 7.14 m (15.1 opT silver equivalent over 23.4 ft in hole DN-21.
Drill results are as follows:
DANIELA DRILL RESULTS
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Core True
From Length Width Ag Au
Hole Vein (m) (m) (m) (g/t) (g/t)
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DN-11 Daniela 84.55 4.30 2.64 338 2.34
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Incl 84.95 0.85 0.55 904 1.45
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FW Daniela 102.90 3.40 2.59 311 5.80
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Incl 102.90 0.50 0.21 884 19.60
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DN-14 HW Vein 137.20 3.75 2.15 142 0.95
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Daniela 143.50 4.35 2.80 302 2.90
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Incl 145.00 0.75 0.48 680 2.07
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DN-15 Daniela 194.40 5.60 2.80 252 5.68
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Including 199.30 0.70 0.35 804 35.70
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FW Vein 211.90 0.90 0.38 83 4.28
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DN-17 Daniela 118.55 6.30 4.61 448 14.02
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Incl 119.35 0.90 0.66 1,240 39.50
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FW Daniela 140.45 1.60 1.21 164 1.88
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DN-19 Daniela 97.95 1.75 1.42 196 0.32
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FW Vein 125.55 0.20 0.07 1,580 5.02
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FW Daniela 129.40 2.55 2.21 515 3.98
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Incl 130.45 0.70 0.61 1,110 2.93
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DN-21 Daniela 213.70 19.25 7.14 170 7.73
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Incl 219.20 0.65 0.20 1,195 32.50
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Barry Devlin, Vice President Exploration for Endeavour, commented: "Our exploration drilling at Guanajuato continues to extend the high grade, gold-silver mineralization over substantial vein widths to the north within the Daniela vein. We currently have two drill rigs working in Guanajuato to continue drilling the northern extent of Daniela, and we have multiple drill targets still remaining to test this year."
Barry Devlin, M.Sc., P.Geo., Vice President, Exploration is the Qualified Person who reviewed this news release and supervised the drilling programs on the Guanajuato Mine properties. 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 Guanajuato 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.
ENDEAVOUR SILVER CORP.
Bradford Cooke, Chairman and CEO
About Endeavour Silver Corp. - Endeavour Silver is a mid-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted six consecutive years of growing silver production, reserves and resources. The organic expansion programs now underway at Endeavour's two operating silver mines in Mexico combined with its strategic acquisition and exploration programs should help Endeavour achieve its goal to become the next premier mid-tier silver mining company.
