O C T O B E R / N O V E M B E R 2 0 1 9
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Cantex Mine Development Corp.
[CD-TSXV; CTXDF-OTC] has received
encouraging drill results from its 100%-
owned North Rackla massive sulphide
project in the Yukon. As of early
September, 62 holes were completed total-
ling over 14,000 metres along the massive
sulphide zone. Drill hole YKDD19-042
returned 28.3 metres (True Width 14.15
metres) grading 113.96 g/t silver, 9.34%
lead and 12.37% zinc, including higher
grade sections.
Discovery Metals Corp. [DSV-TSXV;
AYYBF-OTC] has mobilized for a Phase
1 diamond drilling program on its newly
acquired and 100%-owned Cordero Project
in Chihuahua State, Mexico. The advanced
stage project is located on the eastern edge
of the Sierra Madre Occidental mountains
within the northern extent of the Central
Mexican Silver Belt. A PEA contemplates
a 29-year conventional open-pit truck-
and-shovel operation with a life-of-mine
strip ratio of 0.94, with essentially all of
the ore being sulphides. With over 133,000
metres of drilling, Cordero currently has
resources of:
• Silver: 407.8 M oz indicated, 187.5 M oz
inferred
• Gold: 1.27 M oz indicated, 363,000 oz
inferred
• Zinc: 8.03 B lbs indicated, 4.66 B lbs
inferred
• Lead: 3.77 B lbs indicated, 1.86 B lbs
inferred
Endeavour Silver Corp. [EDR-TSX;
EXK-NYSE] is a mid-tier precious met-
als mining company. It is the owner and
operator of three underground silver-gold
mines in Mexico. The mines that are cur-
rently in production are the Guanacevi
mining complex in Durango State, and the
Bolanitos and El Cubo mines in Guanajuato
state. Silver production in the Q2 2019 was
1,059,322 ounces and gold production was
9,558 ounces, resulting in silver equivalent
SILVER
RIGHT: Surface channel sampling at
the San Marcial Project in Sinaloa State,
Mexico. Right, a 2019 drill core intersect
of 1 metre grading 204.6 g/t gold. Photos
courtesy Goldplay Exploration Ltd.
