The inferred resource (open pit and underground) totalled 35.4 million tonnes containing 99.4 million oz. of silver grading of 87.2 g/t, 281 million lb. of lead grading 0.36% and 661 million lb. of zinc grading 0.85%, for a total of 151.2 million oz. of AgEq grading 132.7 g/t.
“With a verified current resource of nearly 600 million ounces of silver, the 2022 Pitarrilla report validates the merits of acquiring one of the world’s largest undeveloped silver deposits,” stated Dan Dickson, CEO of Endeavour Silver.
Dickson added that the Pitarrilla project has benefitted from over 225,000 metres of historic drilling, and was advanced to a prefeasibility study of an underground operation and an open pit feasibility study in 2009 and 2012, respectively.
“The comprehensive work done to date, combined with the size and the scale of the deposit, provide flexibility and versatility for various mining scenarios. We will use the data…
