PRZOOM - /newswire/ -
Point Roberts, WA, United States, 2006/01/30 - MiningSectorStocks.com announces featured silver mining stock: Endeavour Silver Corp, a silver company with plans to become one of the top five primary global silver producers..
MiningSectorStocks.com (MSS) an investor and industry portal for the mining sector, announces a new featured company: Endeavour Silver Corp. (TSX V: EDR; OTC.PK: EDRGF; FSE: EJD), with silver resources and production based in Mexico, the world’s top producer of silver.
The company’s current production rate is 1.0 + million ounces of silver annually; with plans to expand production to 3.6 million ounces per year by 2007.
On January 16th the company announced encouraging drill results from three mineralized zones on its Santa Cruz property, Guanacevi Project in Durango, Mexico. Endeavour currently has five drill rigs working at Guanacevi. High silver grades were intersected over mineable widths in the first eight drill holes at the Deep Santa Cruz zone, including 3470 gpt silver over 1.45 m (115.2 oz per ton silver equivalent over 4.8 ft) in hole DSC1-7.
Endeavour’s Chairman, Bradford Cooke states, “Endeavour shareholders have enjoyed tremendous growth over the past two years. Not only are we one of the fastest growing silver mining companies in the world, our shareholders can look forward to, if anything, an acceleration of our growth in the coming months.”
Featured Company Disclosure: (MSS is compensated by Endeavour Silver as disclosed in disclaimer)
Endeavour Silver Corp. (TSX V: EDR) (OTC.PK: EDRGF), is a silver mining company focused on the growth of its silver resources and production in Mexico. The expansion program now underway at the high grade Santa Cruz silver mine in Durango, Mexico, will develop Endeavour into one of the top five primary silver producers in the world.
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MiningSectorStocks.com (MSS) and Gold-MiningStocks.com (GMS) are investor and industry news portals for the gold and mining sector within the InvestorIdeas.com content umbrella. The MSS and GMS websites do not make recommendations, but offer unique free information portals to research news, exclusive articles, interviews, blogs, investor conferences and a growing list of participating public companies in the sector.
Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. GMS is compensated by Endeavour Silver Corp. (TSX V: EDR; OTC.PK: EDRGF), two thousand five hundred per month.
Source: MiningSectorStocks.com, Endeavour Silver Corp.