The move marks the second prospective silver-gold property the company has acquired in the Copiapo region, following the acquisition of the La Presidenta property a month ago.
Both properties have histories of small scale silver mining and both appear to be prospective for the discovery of bulk tonnage, low grade epithermal silver-gold mineralization in a volcanic caldera setting.
A Phase 1, 50 hole, 10,000m reverse circulation drill program is now underway to test the thicker but lower grade zones of wall-rock breccias, sheeted vein-lets and stock-works along strike and down dip within the historic mineralized areas at Lomas Bayas.
Endeavour Exploration vice president Barry Devlin said Lomas Bayas represents not only an exciting early-stage opportunity, it is a bulk tonnage, low grade silver-gold prospect that gives Endeavour more critical mass as it builds its exploration property portfolio in Chile.
