Business Context and Reporting Period
Company: Endeavour Silver Corp.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: December 2011 (Specifically dated December 13, 2011)
Headquarters: Vancouver, British Columbia, Canada
Primary Operation: Mining operations in Guanajuato, Mexico.
Key Financial Metrics
This filing is a current report regarding operational discoveries and does not contain financial statements. The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes and Operational Highlights
The primary material event reported is the discovery of two new high-grade silver-gold veins at the Guanajuato Mine in Mexico. Drilling results include:
- La Joya Vein: Intersected 463 grams per tonne (gpt) silver and 6.8 gpt gold over a width of 2.0 meters.
- Belen Vein: Intersected 497 gpt silver and 5.2 gpt gold over a width of 1.1 meters.
Guidance, Outlook, and Risks
The filing does not provide updated financial guidance, management commentary on future outlook, specific risk factors, or contingencies beyond the announcement of the drilling results.
Investor Verification Checklist
- Verify the technical report or assay certification supporting the reported grades (463 gpt Ag / 6.8 gpt Au and 497 gpt Ag / 5.2 gpt Au).
- Confirm the geological continuity and potential tonnage of the newly discovered La Joya and Belen veins.
- Review subsequent filings for the impact of these discoveries on the company's resource estimates and production plans.