Endeavour Silver sells El Cubo mine to VanGold for US$15M
Endeavour Silver sells El Cubo mine to VanGold for US$15M Endeavour Silver's El Cubo silver mine in Guanajuato, Mexico. Credit: Endeavour Silver. Endeavour Silver (TSX: EDR; NYSE: EXK) has agreed to sell its El Cubo mine and related assets to Mexico-focused miner VanGold Mining (TSXV: VGLD). Endeavour will receive a combination of US$7.5 million cash, US$5 million in VanGold shares and US$2.5 million in unsecured promissory notes, for a total payment of US$15 million. The El Cubo mine, located in Guanajuato, Mexico, includes two previously operating underground mines and a flotation plant. ...