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Endeavour Silver Corp. (EXK) stock surged during pre-market trading. Here’s what you should know?

Endeavour Silver Corp. (NASDAQ: EXK) stock declined by 4.97% at the last close whereas the EXK stock price gains by 3.56% in the pre-market trading session. Endeavour Silver deals with mid-tier precious metals mining and is located in Mexico. It owns and manages three high-grade underground silver-gold mines.

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Endeavour Silver Corp. has signed a formal deal with Canamex Gold Corp. to buy a 100 percent interest in Canamex’s Bruner Property, a gold exploration project in Nye County, Nevada, some 180 kilometers southeast of Reno, for $10 million in cash.

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Key points of the Properties:

Endeavour CEO, Dan Dickson, stated,

EXK is happy to announce the addition of a precious metals exploration property in the advanced stages of development to their project pipeline. Bruner is an excellent place to start developing an attractive gold-silver portfolio in Nevada, and it should be accretive to their five-year strategy goal to become a leading senior silver producer, through exploration discoveries, district acquisitions, near-term production, and organic development.

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