VANCOUVER, BC--(Marketwired - August 30, 2017) - Endeavour Silver Corp. (
These holes extend the boundaries of the current resource area (dated December 31, 2016). Drilling highlights include 786 grams per tonne (gpt) silver and 0.71 gpt gold (836 gpt AgEq) over 3.4 m true width (24.4 opT AgEq over 11.2 feet (ft)), with an internal interval assaying 2,260 gpt silver and 1.73 gpt gold (2,381 gpt AgEq) over 0.3 m true width (69.4 opT AgEq over 1.0 ft)
Results for nine new drill holes are summarized in the table below.
| Hole | Structure | From | True width | Au | Ag | AgEq |
| (m) | (m) | (gpt) | (gpt) | (gpt) | ||
| NE-01 | La Negra | 172.80 | 2.0 | 0.37 | 259 | 285 |
| Including | 174.00 | 0.8 | 0.42 | 439 | 468 | |
| NEU-03 | Santa Cruz | 96.45 | 2.9 | 0.47 | 260 | 293 |
| Including | 97.30 | 0.3 | 0.85 | 554 | 614 | |
| NEU-06 | Santa Cruz | 107.80 | 2.6 | 0.33 | 334 | 356 |
| Including | 107.80 | 0.8 | 0.53 | 683 | 720 | |
| UG-17 | Fw SCV | 218.10 | 1.9 | 0.46 | 324 | 357 |
| Including | 218.10 | 0.2 | 0.67 | 607 | 654 | |
| UG-18 | Fw SCV | 222.15 | 1.4 | 0.42 | 180 | 209 |
| Including | 223.00 | 0.4 | 0.64 | 296 | 341 | |
| UG-19 | Santa Cruz | 231.40 | 3.4 | 0.71 | 786 | 836 |
| Including | 234.50 | 0.3 | 1.73 | 2,260 | 2,381 | |
| UG-21 | Santa Cruz | 162.35 | 1.3 | 0.37 | 397 | 423 |
| Including | 162.35 | 0.3 | 1.06 | 993 | 1,067 | |
| UG-27 | Santa Cruz | 224.15 | 1.9 | 0.84 | 357 | 416 |
| Including | 224.75 | 0.1 | 4.30 | 2,010 | 2,311 | |
| UG-29 | Santa Cruz | 264.55 | 1.2 | 1.66 | 618 | 735 |
| Including | 266.30 | 0.1 | 6.77 | 2,350 | 2,824 |
| Silver equivalents are calculated at a ratio of 70:1 silver:gold. |
Bradford Cooke, CEO of Endeavour Silver, commented, "These encouraging drill results continue to extend the resource envelope in the Santa Cruz vein at Guanaceví along strike from our current reserves and operating production areas. Another 15 drill holes have been completed and are in the lab for assaying. The 2017 drill program will wrap up this month below budget and ahead of schedule. We will then commence the process of the year-end resource and reserve estimation."
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 Silver -- Endeavour Silver is a mid-tier precious metals mining company that owns three high grade, underground, silver-gold mines in Mexico. Since start-up in 2004, Endeavour has grown its mining operations organically to produce 9.7 million ounces of silver and equivalents in 2016. We find, build and operate quality silver mines in a sustainable way to create real value for all stakeholders. Endeavour Silver's shares trade on the TSX (EDR) and the NYSE (EXK).
