PARRAL PROJECT
The project is located in Hidalgo de Parral, another historic silver mining district in Mexico. Endeavour acquired the project in 2016 as a past producing silver mine of IMMSA that closed in 1990. Endeavour is currently exploring the La Colorada vein to verify the historic 32 million oz silver resource, and testing several other high grade vein and bulk tonnage targets on this large, prospective property.
| District | Parral is a top 10, large, multi-vein, silver-rich historic mining district in Mexico measuring 10 km long by 10 km wide, discovered in the 1500’s, the Palmilla mine provided silver to Mexican mint in 1800s |
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| Property | 3,432 hectares |
| Infrastructure | Adjacent to city of Parral, with paved and gravel road access, on power grid, readily available water, labour and services in Parral |
| Resources | Historic resource of 32.1 million oz silver in three zones along the Veta Colorada totaling 4.0 million tonnes grading 249 gpt estimated by IMMSA |
| Widths | Three main high grade veins extend over eight km and up to 40 m thick, and bulk tonnage stockworks range from 10 to 50 meters thick |
| Grades | High grade veins range from 100 to 1000 gpt silver and bulk tonnage stockworks range from 30 to 150 gpt silver |
| Recoveries | Historically 60-90% |
| Potential | Multiple targets to discover new high grade zones for underground mining, and new low-grade zones for open pit mining |
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Parral
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