One drill hole intercepted 3,956 g/t silver over 21.6 metres, including an intersection of 5,792 g/t silver over 14.4 metres.

The Australian iron ore producer will now have 25.4% stake in the Canadian junior, which is advancing the Cañariaco copper project in Peru.

Silver, like gold, is a precious metal that offers investors protection during times of economic and political uncertainty.

Langis, on the north shore of Lake Timiskaming, is about 20 km from Electra Battery Materials’ refinery for cobalt.

The only case of mining disruptions is at MMG’s Las Bambas, where a pre-existing community conflict has blocked the main entrance.

Total consideration will be $7.5 million in common shares and cash.

Endeavour acquired the Pitarrilla project from SSR Mining in July 2022 for total consideration of $70 million and a 1.25% net smelter returns royalty.

The Alacran project is positioned to be the largest copper mine in Colombia in the near future.