Loading ...Canada’s Endeavour Silver (TSX:EDR), (NYSE:EXK) announced Tuesday it had completed the acquisition of Silver Standard Resources’ (TSX:SSO) exploration properties in the historic silver mining district of Hidalgo de Parral, in the southern Mexican state of Chihuahua.
After a cautious start of the year, when it slashed output at some of its mines due to soft silver prices, Endeavour Silver is now ramping up investment to access new ore bodies at its Guanaceví mine in Durango state, as well as at its Bolañitos and El Cubo mines in Guanajuato state.
The acquisition of El Parral properties, a 3,432-hectares group of assets that are accessible by paved highway, is part of the Vancouver-based miner recent emphasis on expanding its presence in Mexico.
cont. http://www.mining.com/endeavour-silver-becomes-the-sole-owner-of-el-parral-properties-in-mexico/