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Resource World - April-May 2019 - Vol 17 Issue 3

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22 www.resourceworld.com A P R I L / M A Y 2 0 1 9 Many mining stock investors will be familiar with Endeavour Silver Corp. [EDR-TSX; EXK-NYSE] and its four success- ful silver-gold mines in Mexico with two more on the way. See Mexico feature page 6. Meanwhile, since 2012, Endeavour Silver has been assembling a portfolio of early-stage, district-scale precious and base metal prospects in northern Chile – each of which has excellent potential for large, new discoveries. Bradford Cooke, CEO, said, "In recent years, we diversified our growth strat - egy to include a portfolio of greenfields projects in Chile that have bulk tonnage potential. Our exploration group acquired and explored three attractive new proj- ects to delineate high priority targets for drilling this year. The targets include low sulfidation epithermal silver at Aida, high sulfidation epithermal gold at Paloma and porphyry copper-molybdenum-gold at Cerro Marquez." AIDA PROJECT – Accessible by paved Highway 27 and dirt road, the 100%-optioned Aida property is part of the northwest-trending Bolivian silver- lead-zinc-tin belt. Both bulk tonnage and high-grade mineralization is found on the property in two different areas. The southwest Manto Target near the Mina Vieja underground mine workings hosts oxide silver-manganese mineralization in a shallow-dipping blanket-like manto. The northeast Domo Target hosts high level sil - ver mineralization. Rock samples from the southwest Manto Target, including Mina Vieja, assayed up to 2,203 g/t silver and soil samples defined a silver-manganese-lead-zinc-anti- mony anomaly 2.4 km long x 1.6 km wide and possibly much larger. Rock samples from the northeast Domo Target defined a large silver-antimony-arsenic-mercury anomaly 4.0 km x 0.5 km. Exploration plans include a ground magnetic survey and possibly 2,500 metres of diamond drilling later this year. PALOMA PROJECT – The Paloma Project is 50 km west of Aida and acces - sible by Highway 27 and dirt road. The town of San Pedro de Atacama, about 60 km west of Aida, has modern infrastruc- ture and a natural gas pipeline follows the highway to within 3 km of Paloma. Endeavour can acquire a 70% interest by completing a PEA and a PFS by 2025. Rock samples returned up to 2.73 ppm mercury, 302 ppm arsenic, 80.4 ppm bis - muth, 162 ppm antimony, 112 ppm lead and 27.2 ppm tellurium. Plans for 2019 call for road building, trenching, geological mapping, soil sampling and geophysics to further define high priority drill targets fol - lowed by 2,500 metres of diamond drilling. CERRO MARQUEZ – The town of Ticnamar is about 15 km north of the 100%-optioned, bulk tonnage porphyry Cerro Marquez Project and has basic infrastructure and electrical power. Rock samples assayed up to 425 ppm copper, 320 ppm molybdenum and 50 ppb gold. Work plans include additional road building and trenching, followed by 3,000 metres of dia - mond drilling. n A view of just part (North Building) of the huge Prospectors and Developers of Canada Convention recently held in Toronto. There were 25,843 attendees from 130 countries, making it the world's premier mining convention. Photo by Ellsworth Dickson. Endeavour Silver advancing three Chilean prospects MINING

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