Drilling Intersects New Gold-Silver Zone at Cebada Mine, Guanajuato; Extends Known Silver Orebody at Porvenir Mine, Guanacevi, Mexico

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[{"type":"text","content":"\n\n\n\nVANCOUVER, Feb. 26 /CNW/ - Endeavour Silver Corp. (EDR: TSX, EXK: AMEX,\nand EJD: Frankfurt) announces that initial drilling results from the 2007\ndrill program at Guanajuato have outlined a new gold-silver mineralized zone\nnorth of the Cebada Mine.\n\n\nThree drill holes intersected the new mineralized zone near Section Line\n3785, about 800 m north of the Cebada shaft, over an area 50 m along strike by\n50 m down dip, still open in all directions. An old Penoles exploration tunnel\nalong the Veta Madre vein that passes about 50 m beneath the new drill holes\nwas reported to have intersected 4.62 gpt gold and 466 gpt silver over 4.27 m,\nindicating that the high grade mineralization continues at depth.\n\n\nDrilling highlights include 4.54 gpt gold and 316 gpt silver\n(16.5 oz per ton silver equivalents, based on a 55:1 silver:gold ratio) over a\n1.70 m core length (5.9 ft) in hole CE 378-2 as shown in the following table:\n\n\n-------------------------------------------------------------------------\n Cebada Mine Drill Results\n-------------------------------------------------------------------------\n Core True\nHole From Length Width Silver Gold Ag Equivalent\n(no) (m) (m) (m) (gpt) (gpt) (opt) (ft)\n-------------------------------------------------------------------------\n\nCE378-1 372.05 1.80 1.70 194 3.59 11.4 5.9\n\nCE378-2 336.70 1.70 1.40 316 4.54 16.5 5.6\n\nCE383-1 389.40 1.80 1.47 90 4.38 9.7 5.9\n\n\nThe drilling of an additional 6 holes is now underway to better define\nthis new "3785" mineralized zone, as part of the 17,500 m drill program\nbudgeted for Guanajuato in 2008. The initial goal is to try and extend the new\n"3785" zone updip towards surface.\n\n\nEndeavour also announces that preliminary drilling results from the 2007\ndrill program at Guanacevi have extended the known silver orebody at the\nPorvenir Mine. Two drill holes intersected the Santa Cruz vein at depth,\nextending to the northwest the previously defined resource area.\n\n\nDrilling highlights include 1.45 gpt gold and 531 gpt silver\n(17.8 oz per ton silver equivalents) over 2.10 m core length (6.9 ft) in hole\nNP 21-7, as shown in the following table:\n\n\n-------------------------------------------------------------------------\n Porvenir Mine Drill Results\n---------------------------------------------------...

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