Category: Exploration and Development

New Sable Discovery at Margarita Intersecting 462g/t AgEq over 4.25m including 1,092.2g/t AgEq over 1.5m

“We are excited by the grades and widths returned by the first two holes ever drilled in the Margarita Vein”, stated Ruben Padilla, VP Exploration of Sable Resources. “These results clearly demonstrate that we are at the right erosional level with good preservation of the best part of the veins starting right at surface and still open at depth. We will continue the systematic drill test along the 1.6 km of known extension of the Margarita vein and along the other three veins identified within the property limits.”

Endeavour Silver Drilling Intersects 269 gpt Silver and 5.5 gpt Gold over 1.1 Metres (19.9 opt AgEq over 3.6 Ft) at Calicanto Property, Zacatecas, Mexico and Provides Development Update for the El Compas Mine

Endeavour Silver Corp. (NYSE:EXK) (TSX:EDR) announces that near mine exploration drilling along the Calicanto, Santa Fe and Misie-Karla vein systems on the Calicanto property in Zacatecas State, Mexico continues to intersect high grade silver-gold mineralization along strike and down dip of positive drill results reported last year. The Calicanto property is located within close proximity to the El Compas Mine, and has the potential to provide further growth opportunities for the new mine.

Canasil Reports 190 g/t Silver, 1.35% Zinc and 0.22% Lead over 1.92 metres True Width from Vein Structure at La Esperanza Silver-Gold-Zinc-Lead Project

This vein intercept is at a vertical depth of approximately 225 metres below surface, located 50 metres below and 25 metres step-out to the SE from drill hole ES-17-16. This wide vein intercept is the southeast extension of the La Esperanza vein and is located in an untested area that is below previous drilling. The entire vein structure appears to be preserved over the 14.11-metre intercept in this zone and this opens the southeast extension of the La Esperanza vein for additional drilling along strike and to depth, which is very encouraging.

SilverCrest Expands High-Grade Babicanora Norte Vein & Adds More Veins

N. Eric Fier, CPG, P.Eng, and CEO, remarked, “We continue with our successful Phase III expansion drill program with further high-grade silver-gold intercepts in multiple veins at Las Chispas. This most recent drilling of the Babicanora Norte Vein intercepted native silver, silver oxides, and fine-grained free gold in several holes along an estimated strike length of 900 metres, expanded from the previous 200 metres. We now have identified 30 epithermal veins on the Property with a total cumulative strike length of approximately 20 kilometres, of which 5 kilometres have been partially drilled and only 3.5 kilometres were included in the maiden resource. We are currently step-out drilling with nine core rigs at the Babicanora Norte, Granaditas, Luigi and Babicanora veins, including the Area 51 southeast extension. We are systematically working towards an updated resource in Q3, 2018.”

Mexican Gold Samples 5.11 g/t Gold & 7.15% Zinc Over 2.0 Metres and 11.14 g/t Gold Over 1.4 Metres at Changarro Zone, Las Minas Project

Brian Robertson, President & CEO, stated, “Our ongoing field exploration work continues to deliver high-grade assays from historical mines and well as new discoveries within the Changarro – La Perdida area. These results from several widely-spaced localities clearly demonstrate that the high–grade mineralization is extensive and appears to be structurally controlled similar to the El Dorado Dike Contact zone.”

Mexus Provides Company Update

Mexus Gold US (OTCQB:MXSG) today gave an update on its operations in Mexico. The information provided was compiled by Mexus geologist, Cesar Lemas, who is providing the necessary data from the company’s multiple properties.

Southern Silver mobilizes second drill to Cerro Las Minitas; Targeting Ag-Au Epithermal Vein Systems

President Lawrence Page Q. C. stated “The identification of a significant low sulphidation epithermal, precious metal system at CLM West when added to the existing skarn-hosted mineral resources of the project would greatly enhance the prospects of the overall property and highlight the true district-scale potential of the Cerro Las Minitas Project with potential contributions from two distinct geologic systems”

San Marco identifies additional significant Copper/Silver mineralization on Chunibas and begins Drill preparation

San Marco CEO Christian Grijalva stated: “We’re very pleased with the results we have generated over the past few months at Chunibas. We’ve been able to conclusively demonstrate that the copper mineralization on the Chunibas property represents a typical volcanic-hosted stratiform system, analogous to several known copper-silver Chilean deposits but previously unknown in Mexico. Now that we have confirmed both scale and consistency, the next step will be preparations for a drilling campaign to locate higher-grade areas and then expand those areas down-dip and along strike. The Company expects a drill program could start as soon as the rainy season ends, and local road conditions improve.”

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