Endeavour Silver Corp (TSX:EDR) mines precious metals and operates three principal silver-gold properties.
The company also operates development and exploration projects located in Chile and Mexico.
The mining firm aims to become a senior silver producer through expansion of exploration projects in diverse geographic locations.
Endeavor’s three operational projects include: Guanacevi, Bolanitos and EL Compas.
Its developmental project, Terronera, is located 50-kilometer northeast of Puerto Vallarta, Mexico. The company says that the project can reportedly become its most crucial asset with low cost and high-grade vein systems, with 10-year mine life.
Endeavour Silver Corp also owns six exploration projects in Mexico and Chile:
• Guadalupe y Calvo
• Cerro Marquez
In 2004, Endeavour acquired high-grade silver min Guanacevi. The mine is located in Mexico’s fifth-largest silver mining district.
The company has discovered eight orebodies and is in process to mine three additional orebodies at Santa Cruz, Milache and El Curso.
Guanacevi mine is located 260 kilometers to the northwest of Durango City. The property is spread in 4200 hectares with infrastructure facilities, including water resource and power-grid.
The company acquired its second mine Bolanitos in 2007, with first orebody discovered in 2008 at Lucero. The property is spread across 2500 hectares of land.
It further discovered ten orebodies at the facility. In addition, Endeavour Silver Corp has operations in Lucero, La Luz and San Miguel.
El Compas, located in Zacatecas, was acquired by Endeavour in 2016. The company began developing the project in 2017 and commenced commercial production by first quarter of 2019.
The Mexico-based mine is 4,217-hectare property with significant reserves.
Endeavour also acquired the Parral project in 2016, which is a 10 by 10-kilometer historic mine and is rich in silver. The 3432-hectare property was reportedly discovered in the 1500s in Mexico.
Endeavour Silver Corp claims to actively participate in sustainable development and community support initiatives. In 2020, the mining company reportedly distributed 534 tablets to local schools in a bid to support online learning.
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