Endeavour Silver hits bonanza silver grades at its Mexican San Sebastian property

After dreary drilling results last year, Canadian junior miner Endeavour Silver (TSX: EXK), announced exploration drilling at the San Sebastian property in Mexico has discovered a new high grade silver-gold mineralized zone in the Terronera vein.

The results show broad, sometimes bonanza-grade intercepts with two of the best drillholes cutting 8 metres @ 1,489 g/t silver and 0.85 g/t gold and 17 metres @ 500 g/t Ag and 1.15 g/t Au.

The plan at San Sebastian, said the company in a release, is to continue drilling both laterally and vertically on the vein with one drill rig. To that end Endeavour has some room to move as the Terronera vein has been traced two kilometres along strike. Expect more drilling results sometime mid-July, Hugh Clarke, Endeavour’s vice-president of corporate communication said.

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