News Releases
- Mar 29, 2023Endeavour Silver Files Amended Pitarrilla Technical Report
- Mar 9, 2023Endeavour Silver Releases Inaugural Climate Report
- Mar 2, 2023Endeavour Silver Reports Solid 2022 Financial Results: Earnings Conference Call at 9am PST (12pm EST) Time
- Jan 26, 2023Endeavour Silver Announces Filing of NI 43-101 Technical Reports for Guanacevi and Bolañitos Mines
- Jan 12, 2023Endeavour Silver Provides 2023 Guidance; Production expected at 5.7 - 6.3 Million oz Silver and 36,000 - 40,000 oz Gold for 8.6 - 9.5 Million oz Silver Equivalent ¹
- Jan 10, 2023Endeavour Silver Surpasses Upper Range of Production Guidance by Delivering 9.0 Million Silver Equivalent Ounces in 2022
- Dec 8, 2022Endeavour Silver Announces Initial Mineral Resource Estimate and Filing of NI43-101 Technical Report on the Pitarrilla Project in Durango State, Mexico
- Nov 8, 2022Endeavour Silver Announces Q3 Financial Results; Earnings Conference Call at 10am PST (1pm EST) Today
- Oct 11, 2022Endeavour Silver Produces 1,458,448 oz Silver and 9,194 oz Gold for 2.2 Million oz Silver Equivalent in Q3 2022
- Sep 26, 2022Endeavour Silver Continues to Intersect High-Grade Mineralization at the Guanacevi Mine including 3.54 g/t Gold and 1,129 g/t Silver for 1,412 g/t Silver Equivalents over 7.28 meters
- Sep 12, 2022Endeavour Silver Completes the Sale of the El Compas Property to Grupo ROSGO for US$5.0 million
- Sep 8, 2022Endeavour Silver Continues to Intersect Positive Drill Results at the Parral Project
- Aug 29, 2022Endeavour Silver Appoints Rex McLennan as Chairman
- Aug 24, 2022Endeavour Silver Honours Bradford Cooke with Company Tribute and Details on Celebration of Life
- Aug 18, 2022Endeavour Silver Founder and Chairman Bradford Cooke Passes Away
- Aug 9, 2022Endeavour Silver Announces Q2 2022 Financial Results; Raises 2022 Production Guidance
- Jul 8, 2022Endeavour Silver Reports Strong Q2 2022 Production Results; Higher Grades at the Guanacevi Mine Drive Strong Operational Performance
- Jul 6, 2022Endeavour Silver Announces Completion of Pitarrilla Acquisition
- May 13, 2022Endeavour Silver Announces 2022 Annual General Meeting Voting Results
- May 12, 2022Endeavour Silver Releases 2021 Sustainability Report
- May 11, 2022Endeavour Silver Announces Strong Q1 2022 Financial and Operating Results with Earnings Per Share of $0.07
- Apr 26, 2022Endeavour Silver Reports Positive Drill Results for the Parral Project
- Apr 13, 2022Endeavour Silver Continues to Intersect High-Grade Silver-Gold Mineralization and Extend the El Curso Orebody Along Strike and at Depth at its Guanacevi Mine
- Apr 11, 2022Endeavour Silver Delivers Strong Production in Q1 2022
- Mar 31, 2022Endeavour Silver Announces Retirement of Director
- Mar 22, 2022Endeavour Silver Closes US$46 Million Bought Deal Financing Including US$6 Million Over-Allotment Option Exercise in Full
- Mar 15, 2022Endeavour Silver Corp. Announces US$40 Million Bought Deal Financing
- Mar 10, 2022Endeavour Silver Announces Strong Year End 2021 Financial and Operating Results with Earnings Per Share of $0.08
- Jan 20, 2022Endeavour Silver Provides 2022 Guidance, Including Production of 4.2-4.8 Million oz Silver and 31,000-35,000 oz Gold for 6.7-7.6 Million oz Silver Equivalent1
- Jan 19, 2022Endeavour Silver Announces Filing of NI 43-101 Reports on Guanacevi and Bolanitos Projects
- Jan 13, 2022Endeavour Silver to Acquire the Pitarrilla Project, One of the World's Largest Undeveloped Silver Projects¹, Leveraging Regional Platform and Operating Expertise in Mexico
- Jan 11, 2022Endeavour Silver Ends the Year on a Strong Note; FY2021 Annual Production Surpasses Upper End of Guidance
- Jan 6, 2022Endeavour Silver Launches Sustainability Strategy with Three-year Targets
- Jan 4, 2022Endeavour Silver Announces Appointment of New Director
- Dec 16, 2021Endeavour Silver Reports Positive Drill Results for the Parral Project
- Dec 2, 2021Endeavour Silver Intersects High-Grade Silver-Gold Mineralization at its Guanacevi and Bolañitos Operations
- Dec 2, 2021Early Warning Report Regarding Guanajuato Silver Company Ltd.
- Nov 9, 2021Endeavour Silver Reports Financial Results for the Third Quarter 2021; Earnings Conference Call at 10am PST (1pm EST) Today
- Oct 25, 2021Endeavour Silver Files NI 43-101 Technical Report on the Feasibility Study of the Terronera Project, Jalisco State
- Oct 7, 2021Endeavour Silver Produces 1,305,399 oz Silver and 10,541 oz Gold for 2.1 Million oz Silver Equivalents in Q3, 2021; 2021 Consolidated Production Guidance Raised to 7.7 - 8.0 Million oz Silver Equivalents
- Sep 9, 2021Endeavour Silver Completes Feasibility Study on the Terronera Project in Jalisco State, Mexico. Robust Economics Supported by Larger Mineral Reserves, Higher Annual Silver Production and Longer Mine Life; Video Webcast and Q&A at 7AM PDT (10AM EDT) Today
- Sep 1, 2021Endeavour Silver Completes Acquisition of Bruner Gold Project in Nye County, Nevada
- Aug 10, 2021Endeavour Silver Reports Financial Results for the Second Quarter 2021; Earnings Conference Call at 10am PDT (1pm EDT) Today
- Jul 19, 2021Endeavour Silver Signs Agreement to Acquire Bruner Gold Project in Nye County, Nevada
- Jul 8, 2021Endeavour Silver Produces 1,073,724 oz Silver and 11,166 oz Gold for 2.0 Million oz Silver Equivalents in Q2, 2021
- Jun 8, 2021Endeavour Silver Drilling Intersects High-Grade Silver-Gold Mineralization in Multiple Veins at the Terronera Project in Jalisco, Mexico
- May 20, 2021Endeavour Silver Drilling Intersects High-Grade Gold-Silver Mineralization at the Bolanitos Mine in Durango, Mexico
- May 13, 2021Message to Shareholders from Daniel Dickson, Newly Appointed Chief Executive Officer of Endeavour Silver Corp.
- May 12, 2021Endeavour Silver Announces 2021 Annual General Meeting Results
- May 12, 2021Endeavour Silver Releases 2020 Sustainability Report
- May 11, 2021Endeavour Silver Reports Financial Results for the First Quarter 2021; Earnings Conference Call at 10am PDT (1pm EDT) Today
- May 4, 2021Endeavour Silver Intersects High-Grade Silver-Gold Mineralization at the Guanacevi Mine in Durango, Mexico
- Apr 12, 2021Endeavour Silver Closes Sale of El Cubo Mine to VanGold Mining
- Apr 8, 2021Endeavour Silver Produces 1,048,100 oz Silver and 11,109 oz Gold for 1.9 Million oz Silver Equivalents in Q1, 2021
- Mar 30, 2021Endeavour Silver Announces Board and Management Succession Plans
- Mar 17, 2021Endeavour Silver Signs Definitive Agreement to Sell the El Cubo Mine in Guanajuato, Mexico to VanGold Mining; Endeavour to be Added to the S&P/TSX Composite and NYSE Arca Gold Miners (GDX ETF) Indices
- Mar 1, 2021Endeavour Silver Reports $19.9 Million Earnings in the Fourth Quarter, 2020 and $1.2 Million Earnings for the Full Year, 2020
- Feb 3, 2021Endeavour Silver Updates 2020 Mineral Reserve and Resource Estimates
- Feb 1, 2021Endeavour Silver Grants Option to Purchase Guadalupe y Calvo Project in Chihuahua, Mexico to Ridgestone Mining
- Jan 28, 2021Endeavour Silver Provides 2021 Production and Cost Guidance, Forecasting 3.6-4.3 Million oz Silver and 31,000-35,500 oz Gold, or 6.1-7.1 Million oz Silver Equivalent
- Jan 7, 2021Endeavour Silver Reports Highest Quarterly Production in Two Years; Produces 1,117,289 oz Silver and 12,586 oz Gold (2.1 Million oz Silver Equivalents) in Fourth Quarter, 2020
- Dec 18, 2020Endeavour Silver Agrees to Sell El Cubo Mine in Guanajuato, Mexico to VanGold Mining Corp. for US$15 Million Plus Additional Contingent Payments
- Dec 1, 2020Endeavour Silver Drilling Intersects High-Grade Gold-Silver Mineralization At The Bolanitos Mine In Guanajuato, Mexico
- Nov 18, 2020Endeavour Silver Expands Terronera Project In Jalisco, Mexico, Acquires Two Adjacent Properties Covering Multiple Mineralized Veins
- Nov 12, 2020Endeavour Silver Continues To Intersect High-Grade Gold-Silver Mineralization At Guanacevi, Durango, Mexico
- Nov 5, 2020Endeavour Silver Reports Financial Results For Third Quarter 2020, Conference Call At 10am PST (1pm EST) Today
- Oct 8, 2020Endeavour Silver Produces 942,274 Oz Silver And 10,260 Oz Gold (1.8 Million Oz Silver Eq.) In Third Quarter, 2020; Hosting Video Zoom Update On October 13, 2020
- Oct 1, 2020Endeavour Silver Announces At-The-Market Offering Of Up To Us$60 Million
- Sep 15, 2020Endeavour Silver Appoints Don Gray As Coo, Awards Feasibility Study For Terronera Project To Wood PLC
- Aug 6, 2020Endeavour Silver Files PFS Technical Report For The Terronera Project
- Aug 4, 2020Endeavour Silver Reports Financial Results For The Second Quarter 2020; Conference Call At 10am PDT (1pm EDT) Today
- Jul 29, 2020Endeavour Silver Reschedules To Report Second Quarter 2020 Financial Results And Conference Call On August 4, 2020
- Jul 14, 2020Endeavour Silver Announces Robust Economics In Final Pre-Feasibility Study On The Terronera Mine Project In Jalisco State, Mexico; Video Webcast And Q&A On July 14, 2020
- Jul 9, 2020Endeavour Silver Produces 596,545 Oz Silver And 5,817 Oz Gold In Abbreviated Second Quarter, 2020
- Jun 2, 2020Endeavour Silver Intersects New High-Grade Gold-Silver Mineralization On The El Curso Property At The Guanacevi Mine In Durango, Mexico
- May 28, 2020Endeavour Silver Restarts Mining Operations In Mexico
- May 20, 2020Endeavour Silver Drilling Intersects New High-Grade Gold-Silver Mineralization In Melladito Vein At Bolanitos Mine, Guanajuato, Mexico
- May 14, 2020Endeavour Silver Announces At-The-Market Offering Of Up To US$23 Million
- May 13, 2020Endeavour Silver Announces 2020 Annual General Meeting Results
- May 12, 2020Endeavour Silver Releases 2019 Annual Review And Sustainability Report
- May 8, 2020Endeavour Silver Reports Financial Results For The First Quarter 2020; Earnings Conference Call At 10am PDT (1pm EDT) Today
- May 6, 2020Endeavour Silver Reschedules To Report First Quarter 2020 Financial Results And Conference Call On May 8, 2020
- Apr 29, 2020Mexican Government Decrees Restart Of Non-Essential Activities Such As Mining In Areas With No Or Low Sars-Cov2 Virus Cases On May 18, 2020; Endeavour Silver Files Final Base Shelf Prospectus
- Apr 9, 2020Endeavour Silver Produces 857,659 Oz Silver And 8,476 Oz Gold, In The First Quarter, 2020 - In Line With Guidance Prior To Suspension - Video Webcast And Q&A On April 14, 2020
- Apr 2, 2020Mexican Government Declares Covid-19 National Health Emergency, Only Essential Services To Remain Open, Endeavour Silver Suspending Its Mexican Mining Operations Until April 30, 2020
- Mar 18, 2020Endeavour Silver Implements Plans To Minimize Covid-19 Risks; Initiates Internal Review Of Terronera Prefeasibility Study
- Feb 24, 2020Endeavour Silver Reports Financial Results For The Fourth Quarter And 2019 Full Year
- Feb 13, 2020Endeavour Silver Appoints Director, Project Development
- Jan 31, 2020Endeavour Silver Provides 2020 Production And Cost Guidance, Forecasting 3.0-3.5 Million Oz Silver And 38,000-44,000 Oz Gold, Or 6.0-7.0 Million Oz Silver Equivalent
- Jan 29, 2020Endeavour Silver Updates 2019 Mineral Reserve And Resource Estimates
- Jan 10, 2020Endeavour Silver Produces 4,018,735 Oz Silver And 38,907 Oz Gold (7.1 Million Oz Silver Equivalents) In 2019
- Nov 21, 2019Endeavour Silver To Suspend Operations At The El Cubo Mine In Mexico
- Nov 12, 2019Endeavour Silver Reports Initial Drill Results For The El Curso Property Adjacent To The Guanacevi Mine In Durango, Mexico, Including 1,182 gpt Silver And 3.07 gpt Gold Over 5.1 M True Width
- Nov 5, 2019Endeavour Silver Reports Third Quarter, 2019 Financial Results, Conference Call At 10am PST (1pm EST) Today
- Oct 23, 2019Endeavour Silver Reports Infill Drill Results For The Parral Project In Chihuahua, Mexico Including 308 gpt Silver Over 11.6 M True Width
- Oct 9, 2019Endeavour Silver Produces 948,547 Oz Silver And 9,716 Oz Gold (1.7 Million Oz Silver Equivalents) In The Third Quarter, 2019; Provides Development And Exploration Project Updates
- Aug 14, 2019Endeavour Silver Reports Positive Exploration Results For The Parral Project In Chihuahua, Mexico Including 332 gpt Silver Over 13.1 M True Width
- Aug 8, 2019Endeavour Silver Reports Second Quarter, 2019 Financial Results; Conference Call At 10am Pdt (1pm EDT) Today
- Jul 15, 2019Endeavour Silver Acquires Exploration And Exploitation Rights To Two Properties Adjacent To The Guanacevi Mine, Durango State, Mexico
- Jul 10, 2019Endeavour Silver Produces 1,059,322 Oz Silver And 9,558 Oz Gold (1.8 Million Oz Silver Equivalents) In The Second Quarter, 2019
- Jul 2, 2019Endeavour Silver Reports Fatal Accident At The Bolanitos Mine
- Jun 18, 2019Endeavour Silver Receives Final Tailings Permit For The Terronera Mine Project In Jalisco State, Mexico
- Jun 5, 2019Endeavour Silver Reports High Grade Silver-Gold Drill Intersections At The Guanacevi Mine, Durango, Mexico
- May 30, 2019Endeavour Silver Provides Update On Mining Operations
- May 22, 2019Endeavour Silver Reports High Grade Silver-Gold Drill Intersections From 2019 Exploration Program At The Bolanitos Mine, Guanajuato, Mexico
- May 9, 2019Endeavour Silver Announces 2019 Annual General Meeting Results
- May 7, 2019Endeavour Silver Releases 2018 Annual Review And Sustainability Report And Files Updated Technical Report For The Terronera Project
- May 6, 2019Endeavour Silver Reports First Quarter, 2019 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- Apr 11, 2019Endeavour Silver Produces 1,071,355 Oz Silver And 10,055 Oz Gold (1.9 Million Oz Silver Equivalent) In The First Quarter, 2019
- Apr 1, 2019Endeavour Silver Achieves Commercial Production At El Compas Mine In Zacatecas, Mexico
- Feb 25, 2019Endeavour Silver Reports 2018 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- Jan 31, 2019Endeavour Silver Introduces Portfolio Of Exploration Projects In Chile, Reviews Growth Strategies And 2019 Exploration Plans, Hosting Growth Webinar Today, 10 AM PT
- Jan 24, 2019Endeavour Silver Provides 2019 Production And Cost Guidance, Production Forecast 4.4-5.2 Million Oz Silver And 46,200-52,200 Oz Gold, For 8.1-9.4 Million Oz Silver Equivalent
- Jan 21, 2019Endeavour Silver Updates 2018 Mineral Reserve And Resource Estimates
- Jan 10, 2019Endeavour Silver Produces 5.5 Million Oz Silver And 52,967 Oz Gold For 9.5 Million Oz Silver Equivalents In 2018
- Dec 17, 2018Endeavour Silver Provides Early Review Of El Cubo Mine Plan For 2019
- Dec 12, 2018Endeavour Silver Reports Positive Surface Drilling And Underground Sampling Results For The Parral Project, Chihuahua, Mexico
- Nov 28, 2018Endeavour Silver Reports High Grade Silver-Gold Intersections In Multiple Veins From 2018 Drill Program At The Bolanitos Mine, Guanajuato, Mexico
- Oct 31, 2018Endeavour Silver Reports Third Quarter, 2018 Financial Results; Conference Call At 10am Pt (1pm Et) Today
- Oct 15, 2018Endeavour Appoints Vice President, Operations
- Oct 11, 2018Endeavour Silver Produces 1,428,828 Oz Silver And 12,968 Oz Gold (2.4 Million Oz Silver Equivalents) In The Third Quarter, 2018
- Sep 19, 2018Endeavour Silver Reports Multiple High Grade Infill Drill Intercepts And Files Prefeasibility Study Technical Report For The Terronera Mine Project, Jalisco, Mexico
- Aug 30, 2018Endeavour Silver Reports Updated Ni 43-101 Mineral Resource And Reserve Estimates And An Updated Pre-Feasibility Study For The Terronera Mine Project, Jalisco, Mexico
- Aug 29, 2018Endeavour Silver Reports Company-Wide Initiatives To Reduce Capital, Operating And Other Costs, Temporary Halt Of El Compas Plant Operations To Re-Commission The Tailings Facility
- Aug 2, 2018Endeavour Silver Reports Second Quarter, 2018 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- Jul 25, 2018Endeavour Silver Drilling Intersects 269 Gpt Silver And 5.5 Gpt Gold Over 1.1 Metres (19.9 Opt Ageq Over 3.6 Ft) At Calicanto Property, Zacatecas, Mexico And Provides Development Update For The El Compas Mine
- Jul 10, 2018Endeavour Silver Produces 1,355,895 Oz Silver And 13,674 Oz Gold (2.4 Million Oz Silver Equivalents) In The Second Quarter, 2018
- Jun 27, 2018Endeavour Silver Drilling Intersects 618 Gpt Silver And 3.2 Gpt Gold Over 21.2 Metres (25.1 Opt Ageq Over 69.6 Ft) At Terronera Project, Jalisco, Mexico
- Jun 13, 2018Endeavour Silver Announces At-The-Market Offering Of Up To Us$35.7 Million
- May 29, 2018Endeavour Appoints Vice President, New Projects
- May 14, 2018Endeavour Silver Drilling Intersects High Grade Silver-Gold-Lead-Zinc Mineralization In The San Patricio Vein System On The Parral Property; Provides Positive Results For Metallurgical Testing At Parral Properties
- May 7, 2018Endeavour Silver Announces 2018 Annual General Meeting Results
- May 3, 2018Endeavour Silver Reports First Quarter, 2018 Financial Results; Conference Call At 9am PDT (12pm EDT) Today
- May 2, 2018Endeavour Silver Releases 2017 Annual Review And Sustainability Report
- Apr 18, 2018Mexico Management Appointments And Departure
- Apr 13, 2018Endeavour Silver Files Final Base Shelf Prospectus
- Apr 9, 2018Endeavour Silver Produces 1,350,840 Oz Silver And 13,208 Oz Gold (2.3 Million Oz Silver Equivalents) In The First Quarter, 2018; Provides Update Of The El Compas Mine Development Project
- Mar 27, 2018Endeavour Silver Updates Progress On Terronera Silver-Gold Mine Project In Jalisco, Mexico
- Feb 26, 2018Endeavour Silver Reports 2017 Financial Results; Conference Call At 10am PST (1pm Est) Today
- Feb 20, 2018Endeavour Silver Updates Development Progress And Improves Operating Metrics Of The El Compas Gold-Silver Mine Project In Zacatecas, Mexico
- Feb 7, 2018Endeavour Silver Updates Mineral Reserve And Mineral Resource Estimates For Its Operating Mines And Development Projects And Reports Initial Mineral Resource Estimate For New Parral Properties
- Jan 25, 2018Endeavour Silver Provides 2018 Production And Cost Guidance, Targeting 20% Increase In Production To 5.8-6.4 Million Oz Silver And 58-64,000 Oz Gold For 10.2-11.2 Million Oz Silver Equivalent
- Jan 10, 2018Endeavour Silver Produces 4.9 Million Oz Silver And 53,007 Oz Gold For 8.9 Million Oz Silver Equivalent In 2017
- Dec 4, 2017Endeavour Silver Drilling Discovers High Grade Silver-Gold Mineralization In The Misie And Calicanto Vein Systems On The Calicanto Property, Zacatecas, Mexico
- Nov 15, 2017Endeavour Silver Drilling Discovers Potential Bulk Tonnage Silver Mineralization In The Palmilla Mine Area, Parral Project, Chihuahua, Mexico
- Nov 2, 2017Endeavour Silver Reports Financial Results For Third Quarter, 2017
- Nov 1, 2017Endeavour Silver Appoints New Director Of Investor Relations
- Oct 24, 2017Endeavour Silver Drilling Verifies High Grade Silver Mineralization In The Veta Colorada On The Parral Project, Chihuahua, Mexico
- Oct 10, 2017Endeavour Silver Produces 1,262,064 Oz Silver And 13,648 Oz Gold (2.2 Million Oz Silver Equivalents) In The Third Quarter, 2017
- Sep 11, 2017Endeavour Silver And Capstone Mining Exchange Mineral Rights On Adjacent Properties In Zacatecas, Mexico
- Aug 30, 2017Endeavour Silver Drilling Extends High Grade Silver-Gold Mineralization In Santa Cruz Vein At The Guanaceví Mine In Durango, Mexico
- Aug 15, 2017Endeavour Silver Drilling Continues To Intersect High Grade Mineralization In The La Luz Vein On The Terronera Property In Jalisco, Mexico
- Aug 10, 2017Endeavour Silver Appoints New Vice President, Engineering To Lead New Technical Services And Mine Development Group
- Aug 3, 2017Endeavour Silver Reports Financial Results For Second Quarter, 2017; Updates On Development Projects And 2017 Guidance
- Jul 12, 2017Endeavour Silver Produces 1,143,788 Oz Silver And 13,058 Oz Gold (2.1 Million Oz Silver Equivalents) In The Second Quarter, 2017
- Jun 20, 2017Endeavour Silver Releases 2016 Annual Review And Sustainability Report
- Jun 12, 2017Endeavour Silver Completes Review Of Director’s Agm Election Status
- Jun 6, 2017Endeavour Silver Acquires Additional Properties In Zacatecas, Mexico
- May 4, 2017Endeavour Silver Announces 2017 Annual General Meeting Results
- May 3, 2017Endeavour Silver Reports First Quarter, 2017 Financial Results; Conference Call At 9am Pdt (12pm Edt) Today
- Apr 11, 2017Endeavour Silver Produces 1,076,974 Oz Silver And 11,724 Oz Gold (1.9 Million Oz Silver Equivalents) In The First Quarter, 2017
- Apr 3, 2017Endeavour Silver Reports Updated Ni 43-101 Mineral Resource And Reserve Estimates And Pre-Feasibility Study For Terronera Mine, Jalisco, Mexico
- Mar 27, 2017Endeavour Silver Reports Initial Ni 43-101 Mineral Resource Estimate And Preliminary Economic Assessment For El Compas Mine, Zacatecas, Mexico
- Mar 16, 2017Endeavour Silver Expands High-Grade Silver-Gold Mineralized Zones In Terronera And La Luz Veins On The Terronera Property In Jalisco, Mexico
- Mar 2, 2017Endeavour Silver Reports 2016 Financial Results;Conference Call At 10am Pst (1pm Est) On March 2, 2017
- Feb 23, 2017Endeavour Silver To Release 2016 Financial Results On March 2, 2017
- Feb 1, 2017Endeavour Silver Appoints New Vice President, Operations And Country Manager, Mexico
- Jan 25, 2017Endeavour Silver Provides Production And Cost Guidance For 2017
- Jan 19, 2017Endeavour Silver Updates Reserves And Resources For Operating Mines
- Jan 10, 2017Endeavour Silver Produces 5.4 Million Oz Silver And 57,375 Oz Gold In 2016
- Dec 13, 2016Endeavour Silver Drill Programs Discover New High-Grade, Silver-Gold Mineralized Zones at the El Compas and Terronera Properties in Mexico
- Nov 3, 2016Endeavour Silver Reports Financial Results for Third Quarter, 2016;Conference Call at 11am PDT (2pm EDT) Today
- Nov 1, 2016Endeavour Silver Completes Acquisition of Parral Properties from Silver Standard
- Oct 24, 2016Endeavour Silver Continues to Define High Grade, Silver-Gold Vein Mineralization at Terronera Property in Jalisco State, Mexico
- Oct 11, 2016Endeavour Silver Produces 1,284,646 oz Silver and 14,364 oz Gold (2.4 Million oz Silver Equivalents) in the Third Quarter, 2016
- Sep 14, 2016Endeavour Silver Signs Agreement to Acquire Exploration Properties in Parral District, Chihuahua, Mexico from Silver Standard
- Aug 11, 2016Endeavour Silver President and COO Godfrey Walton Assumes the Responsibilities of VP of Operations and Country Manager
- Aug 3, 2016Endeavour Silver Reports Financial Results for Second Quarter, 2016;Conference Call at 10am PDT (1pm EDT) Today
- Jul 11, 2016Endeavour Silver Produces 1,551,851 oz Silver and 15,649 oz Gold (2.6 Million oz Silver Equivalents) in the Second Quarter, 2016; Revises 2016 Operating Plan and Raises 2016 Production Guidance
- Jun 27, 2016Endeavour Silver Outlines Several Prospective New Silver-Gold Veins on the Terronera Property in Jalisco State, Mexico
- Jun 2, 2016Endeavour Silver Appoints New Vice President, Corporate Development
- May 30, 2016Endeavour Silver Completes Acquisition of Oro Silver Resources Ltd.
- May 27, 2016Endeavour Silver Announces Annual General Meeting Results
- May 9, 2016Endeavour Silver Signs Definitive Agreement to Acquire Oro Silver Resources and Its El Compas Gold-Silver Mine Property and Leased Plant From Canarc Resource
- May 5, 2016Endeavour Silver Announces At-The-Market Offering of up to US$40 Million
- May 5, 2016Endeavour Silver Reports First Quarter, 2016 Financial Results; Conference Call at 10am PDT (1pm EDT) Today
- Apr 27, 2016Endeavour Silver Revises Q1 Earnings Date to May 5, 2016
- Apr 26, 2016Endeavour Silver Completes US$16 Million At-the-Market Equity Financing
- Apr 25, 2016Endeavour Silver Files Preliminary Base Shelf Prospectus
- Apr 8, 2016Endeavour Silver Produces 1,510,065 oz Silver and 15,960 oz Gold (2.7 Million oz Silver Equivalents) in the First Quarter, 2016
- Mar 4, 2016Endeavour Silver Reports 2015 Financial Results; Conference Call at 10am PST (1pm EST) on March 4, 2016
- Feb 19, 2016Endeavour Silver to Release 2015 Fourth Quarter and Year-End Financial Results on March 4, 2016
- Jan 28, 2016Endeavour Silver Provides Production and Cost Guidance for 2016; Conference Call at 10:00am PST Today
- Jan 21, 2016Endeavour Silver Updates Reserve and Resource Estimates; Deep Drilling Intersects Highest Grades Yet at Terronera
- Jan 12, 2016Endeavour Silver Produces 7.2 Million oz Silver and 60,000 oz Gold in 2015
- Nov 25, 2015Endeavour Silver Announces At-the-Market Offering of Up to US $16.5 Million
- Nov 2, 2015Endeavour Silver Reports Financial Results for Third Quarter, 2015; Conference Call at 11am PST (2pm EST) on November 2, 2015
- Oct 28, 2015Endeavour Silver Announces Revised Date for Release of Third Quarter, 2015 Financial Results; Provides Emergency Supplies to Small Towns Near San Sebastian del Oeste, Jalisco, Mexico to Assist in Recovery From Hurricane Patricia
- Oct 8, 2015Endeavour Silver Produces 1,820,282 oz Silver and 15,319 oz Gold (2.9 Million oz Silver Equivalent) in the Third Quarter, 2015
- Sep 22, 2015Endeavour Silver Infill Drilling Confirms High Grade, Gold-Silver Mineralization at Terronera Property in Jalisco State, Mexico
- Sep 9, 2015Endeavour Silver Drilling Extends Three Zones of High Grade, Gold-Silver Mineralization in Santa Cruz Vein, Guanaceví Mine, Durango State, Mexico
- Aug 17, 2015Endeavour Silver Drilling Intersects High Grade, Gold-Silver Mineralization in Three Historic Veins on Bolanitos Property, Guanajuato State, Mexico
- Aug 6, 2015Endeavour Silver Reports Financial Results for Second Quarter, 2015; LOC Debt Reduced by $4 Million, Cash Holdings Increased by $5.5 Million; Conference Call at 10am PDT (1pm EDT) on August 6, 2015
- Jul 9, 2015Endeavour Silver Produces 1,769,741 oz Silver and 13,047 oz Gold (2.7 Million oz Silver Equivalent) in the Second Quarter, 2015
- Jun 15, 2015Ball Mill Repaired and Plant Operations Back to Normal at Bolanitos Mine; Second Mine Contractor Commences Work at El Cubo Mine
- Jun 5, 2015Endeavour Silver Reports Ball Mill Down for Repairs at Bolanitos Mine; No Material Impact on Production Anticipated
- Jun 1, 2015Endeavour Silver Infill Drilling Confirms Thick, High Grade, Silver-Gold Mineralization at Terronera Property, Jalisco State, Mexico
- May 11, 2015Endeavour Silver Releases Positive Preliminary Economic Assessment for the Terronera Project, Jalisco State, Mexico
- May 7, 2015Endeavour Silver Announces Annual General Meeting Results
- May 6, 2015Endeavour Silver Reports First Quarter, 2015 Financial Results; Conference Call at 9am PDT (12pm EDT) on May 6, 2015
- Apr 23, 2015Endeavour Silver Makes Minor Amendments to Stock Option Plan
- Apr 8, 2015Endeavour Silver Produces 1,820,050 oz Silver and 15,808 oz Gold (2.9 Million oz Silver Equivalents) in the First Quarter, 2015
- Mar 17, 2015Endeavour Silver Initiates Major Mine Expansion at El Cubo; Raises Production Guidance and Reduces Cost Guidance for 2015
- Mar 5, 2015Endeavour Silver Reports 2014 Financial Results; Conference Call at 1pm PST (4pm EST) Today, March 5, 2015
- Feb 5, 2015Endeavour Silver to Release 2014 Fourth Quarter and Year-End Financial Results on March 5, 2015
- Jan 29, 2015Endeavour Silver Updates Reserve and Resource Estimates, Provides Production and Cost Guidance for 2015; Conference Call at 10:00am PST Today
- Jan 12, 2015Endeavour Silver Reports Record Silver Production in 4th Quarter, 2014 and 10th Consecutive Year of Higher Silver Production
- March 29, 2023Endeavour Silver Files Amended Pitarrilla Technical Report
- March 9, 2023Endeavour Silver Releases Inaugural Climate Report
- March 2, 2023Endeavour Silver Reports Solid 2022 Financial Results: Earnings Conference Call at 9am PST (12pm EST) Time
- January 26, 2023Endeavour Silver Announces Filing of NI 43-101 Technical Reports for Guanacevi and Bolañitos Mines
- January 12, 2023Endeavour Silver Provides 2023 Guidance; Production expected at 5.7 - 6.3 Million oz Silver and 36,000 - 40,000 oz Gold for 8.6 - 9.5 Million oz Silver Equivalent ¹
- January 10, 2023Endeavour Silver Surpasses Upper Range of Production Guidance by Delivering 9.0 Million Silver Equivalent Ounces in 2022
- December 8, 2022Endeavour Silver Announces Initial Mineral Resource Estimate and Filing of NI43-101 Technical Report on the Pitarrilla Project in Durango State, Mexico
- November 8, 2022Endeavour Silver Announces Q3 Financial Results; Earnings Conference Call at 10am PST (1pm EST) Today
- October 11, 2022Endeavour Silver Produces 1,458,448 oz Silver and 9,194 oz Gold for 2.2 Million oz Silver Equivalent in Q3 2022
- September 26, 2022Endeavour Silver Continues to Intersect High-Grade Mineralization at the Guanacevi Mine including 3.54 g/t Gold and 1,129 g/t Silver for 1,412 g/t Silver Equivalents over 7.28 meters
- September 12, 2022Endeavour Silver Completes the Sale of the El Compas Property to Grupo ROSGO for US$5.0 million
- September 8, 2022Endeavour Silver Continues to Intersect Positive Drill Results at the Parral Project
- August 29, 2022Endeavour Silver Appoints Rex McLennan as Chairman
- August 24, 2022Endeavour Silver Honours Bradford Cooke with Company Tribute and Details on Celebration of Life
- August 18, 2022Endeavour Silver Founder and Chairman Bradford Cooke Passes Away
- August 9, 2022Endeavour Silver Announces Q2 2022 Financial Results; Raises 2022 Production Guidance
- July 8, 2022Endeavour Silver Reports Strong Q2 2022 Production Results; Higher Grades at the Guanacevi Mine Drive Strong Operational Performance
- July 6, 2022Endeavour Silver Announces Completion of Pitarrilla Acquisition
- May 13, 2022Endeavour Silver Announces 2022 Annual General Meeting Voting Results
- May 12, 2022Endeavour Silver Releases 2021 Sustainability Report
- May 11, 2022Endeavour Silver Announces Strong Q1 2022 Financial and Operating Results with Earnings Per Share of $0.07
- April 26, 2022Endeavour Silver Reports Positive Drill Results for the Parral Project
- April 13, 2022Endeavour Silver Continues to Intersect High-Grade Silver-Gold Mineralization and Extend the El Curso Orebody Along Strike and at Depth at its Guanacevi Mine
- April 11, 2022Endeavour Silver Delivers Strong Production in Q1 2022
- March 31, 2022Endeavour Silver Announces Retirement of Director
- March 22, 2022Endeavour Silver Closes US$46 Million Bought Deal Financing Including US$6 Million Over-Allotment Option Exercise in Full
- March 15, 2022Endeavour Silver Corp. Announces US$40 Million Bought Deal Financing
- March 10, 2022Endeavour Silver Announces Strong Year End 2021 Financial and Operating Results with Earnings Per Share of $0.08
- January 20, 2022Endeavour Silver Provides 2022 Guidance, Including Production of 4.2-4.8 Million oz Silver and 31,000-35,000 oz Gold for 6.7-7.6 Million oz Silver Equivalent1
- January 19, 2022Endeavour Silver Announces Filing of NI 43-101 Reports on Guanacevi and Bolanitos Projects
- January 13, 2022Endeavour Silver to Acquire the Pitarrilla Project, One of the World's Largest Undeveloped Silver Projects¹, Leveraging Regional Platform and Operating Expertise in Mexico
- January 11, 2022Endeavour Silver Ends the Year on a Strong Note; FY2021 Annual Production Surpasses Upper End of Guidance
- January 6, 2022Endeavour Silver Launches Sustainability Strategy with Three-year Targets
- January 4, 2022Endeavour Silver Announces Appointment of New Director
- December 16, 2021Endeavour Silver Reports Positive Drill Results for the Parral Project
- December 2, 2021Endeavour Silver Intersects High-Grade Silver-Gold Mineralization at its Guanacevi and Bolañitos Operations
- December 2, 2021Early Warning Report Regarding Guanajuato Silver Company Ltd.
- November 9, 2021Endeavour Silver Reports Financial Results for the Third Quarter 2021; Earnings Conference Call at 10am PST (1pm EST) Today
- October 25, 2021Endeavour Silver Files NI 43-101 Technical Report on the Feasibility Study of the Terronera Project, Jalisco State
- October 7, 2021Endeavour Silver Produces 1,305,399 oz Silver and 10,541 oz Gold for 2.1 Million oz Silver Equivalents in Q3, 2021; 2021 Consolidated Production Guidance Raised to 7.7 - 8.0 Million oz Silver Equivalents
- September 9, 2021Endeavour Silver Completes Feasibility Study on the Terronera Project in Jalisco State, Mexico. Robust Economics Supported by Larger Mineral Reserves, Higher Annual Silver Production and Longer Mine Life; Video Webcast and Q&A at 7AM PDT (10AM EDT) Today
- September 1, 2021Endeavour Silver Completes Acquisition of Bruner Gold Project in Nye County, Nevada
- August 10, 2021Endeavour Silver Reports Financial Results for the Second Quarter 2021; Earnings Conference Call at 10am PDT (1pm EDT) Today
- July 19, 2021Endeavour Silver Signs Agreement to Acquire Bruner Gold Project in Nye County, Nevada
- July 8, 2021Endeavour Silver Produces 1,073,724 oz Silver and 11,166 oz Gold for 2.0 Million oz Silver Equivalents in Q2, 2021
- June 8, 2021Endeavour Silver Drilling Intersects High-Grade Silver-Gold Mineralization in Multiple Veins at the Terronera Project in Jalisco, Mexico
- May 20, 2021Endeavour Silver Drilling Intersects High-Grade Gold-Silver Mineralization at the Bolanitos Mine in Durango, Mexico
- May 13, 2021Message to Shareholders from Daniel Dickson, Newly Appointed Chief Executive Officer of Endeavour Silver Corp.
- May 12, 2021Endeavour Silver Announces 2021 Annual General Meeting Results
- May 12, 2021Endeavour Silver Releases 2020 Sustainability Report
- May 11, 2021Endeavour Silver Reports Financial Results for the First Quarter 2021; Earnings Conference Call at 10am PDT (1pm EDT) Today
- May 4, 2021Endeavour Silver Intersects High-Grade Silver-Gold Mineralization at the Guanacevi Mine in Durango, Mexico
- April 12, 2021Endeavour Silver Closes Sale of El Cubo Mine to VanGold Mining
- April 8, 2021Endeavour Silver Produces 1,048,100 oz Silver and 11,109 oz Gold for 1.9 Million oz Silver Equivalents in Q1, 2021
- March 30, 2021Endeavour Silver Announces Board and Management Succession Plans
- March 17, 2021Endeavour Silver Signs Definitive Agreement to Sell the El Cubo Mine in Guanajuato, Mexico to VanGold Mining; Endeavour to be Added to the S&P/TSX Composite and NYSE Arca Gold Miners (GDX ETF) Indices
- March 1, 2021Endeavour Silver Reports $19.9 Million Earnings in the Fourth Quarter, 2020 and $1.2 Million Earnings for the Full Year, 2020
- February 3, 2021Endeavour Silver Updates 2020 Mineral Reserve and Resource Estimates
- February 1, 2021Endeavour Silver Grants Option to Purchase Guadalupe y Calvo Project in Chihuahua, Mexico to Ridgestone Mining
- January 28, 2021Endeavour Silver Provides 2021 Production and Cost Guidance, Forecasting 3.6-4.3 Million oz Silver and 31,000-35,500 oz Gold, or 6.1-7.1 Million oz Silver Equivalent
- January 7, 2021Endeavour Silver Reports Highest Quarterly Production in Two Years; Produces 1,117,289 oz Silver and 12,586 oz Gold (2.1 Million oz Silver Equivalents) in Fourth Quarter, 2020
- December 18, 2020Endeavour Silver Agrees to Sell El Cubo Mine in Guanajuato, Mexico to VanGold Mining Corp. for US$15 Million Plus Additional Contingent Payments
- December 1, 2020Endeavour Silver Drilling Intersects High-Grade Gold-Silver Mineralization At The Bolanitos Mine In Guanajuato, Mexico
- November 18, 2020Endeavour Silver Expands Terronera Project In Jalisco, Mexico, Acquires Two Adjacent Properties Covering Multiple Mineralized Veins
- November 12, 2020Endeavour Silver Continues To Intersect High-Grade Gold-Silver Mineralization At Guanacevi, Durango, Mexico
- November 5, 2020Endeavour Silver Reports Financial Results For Third Quarter 2020, Conference Call At 10am PST (1pm EST) Today
- October 8, 2020Endeavour Silver Produces 942,274 Oz Silver And 10,260 Oz Gold (1.8 Million Oz Silver Eq.) In Third Quarter, 2020; Hosting Video Zoom Update On October 13, 2020
- October 1, 2020Endeavour Silver Announces At-The-Market Offering Of Up To Us$60 Million
- September 15, 2020Endeavour Silver Appoints Don Gray As Coo, Awards Feasibility Study For Terronera Project To Wood PLC
- August 6, 2020Endeavour Silver Files PFS Technical Report For The Terronera Project
- August 4, 2020Endeavour Silver Reports Financial Results For The Second Quarter 2020; Conference Call At 10am PDT (1pm EDT) Today
- July 29, 2020Endeavour Silver Reschedules To Report Second Quarter 2020 Financial Results And Conference Call On August 4, 2020
- July 14, 2020Endeavour Silver Announces Robust Economics In Final Pre-Feasibility Study On The Terronera Mine Project In Jalisco State, Mexico; Video Webcast And Q&A On July 14, 2020
- July 9, 2020Endeavour Silver Produces 596,545 Oz Silver And 5,817 Oz Gold In Abbreviated Second Quarter, 2020
- June 2, 2020Endeavour Silver Intersects New High-Grade Gold-Silver Mineralization On The El Curso Property At The Guanacevi Mine In Durango, Mexico
- May 28, 2020Endeavour Silver Restarts Mining Operations In Mexico
- May 20, 2020Endeavour Silver Drilling Intersects New High-Grade Gold-Silver Mineralization In Melladito Vein At Bolanitos Mine, Guanajuato, Mexico
- May 14, 2020Endeavour Silver Announces At-The-Market Offering Of Up To US$23 Million
- May 13, 2020Endeavour Silver Announces 2020 Annual General Meeting Results
- May 12, 2020Endeavour Silver Releases 2019 Annual Review And Sustainability Report
- May 8, 2020Endeavour Silver Reports Financial Results For The First Quarter 2020; Earnings Conference Call At 10am PDT (1pm EDT) Today
- May 6, 2020Endeavour Silver Reschedules To Report First Quarter 2020 Financial Results And Conference Call On May 8, 2020
- April 29, 2020Mexican Government Decrees Restart Of Non-Essential Activities Such As Mining In Areas With No Or Low Sars-Cov2 Virus Cases On May 18, 2020; Endeavour Silver Files Final Base Shelf Prospectus
- April 9, 2020Endeavour Silver Produces 857,659 Oz Silver And 8,476 Oz Gold, In The First Quarter, 2020 - In Line With Guidance Prior To Suspension - Video Webcast And Q&A On April 14, 2020
- April 2, 2020Mexican Government Declares Covid-19 National Health Emergency, Only Essential Services To Remain Open, Endeavour Silver Suspending Its Mexican Mining Operations Until April 30, 2020
- March 18, 2020Endeavour Silver Implements Plans To Minimize Covid-19 Risks; Initiates Internal Review Of Terronera Prefeasibility Study
- February 24, 2020Endeavour Silver Reports Financial Results For The Fourth Quarter And 2019 Full Year
- February 13, 2020Endeavour Silver Appoints Director, Project Development
- January 31, 2020Endeavour Silver Provides 2020 Production And Cost Guidance, Forecasting 3.0-3.5 Million Oz Silver And 38,000-44,000 Oz Gold, Or 6.0-7.0 Million Oz Silver Equivalent
- January 29, 2020Endeavour Silver Updates 2019 Mineral Reserve And Resource Estimates
- January 10, 2020Endeavour Silver Produces 4,018,735 Oz Silver And 38,907 Oz Gold (7.1 Million Oz Silver Equivalents) In 2019
- November 21, 2019Endeavour Silver To Suspend Operations At The El Cubo Mine In Mexico
- November 12, 2019Endeavour Silver Reports Initial Drill Results For The El Curso Property Adjacent To The Guanacevi Mine In Durango, Mexico, Including 1,182 gpt Silver And 3.07 gpt Gold Over 5.1 M True Width
- November 5, 2019Endeavour Silver Reports Third Quarter, 2019 Financial Results, Conference Call At 10am PST (1pm EST) Today
- October 23, 2019Endeavour Silver Reports Infill Drill Results For The Parral Project In Chihuahua, Mexico Including 308 gpt Silver Over 11.6 M True Width
- October 9, 2019Endeavour Silver Produces 948,547 Oz Silver And 9,716 Oz Gold (1.7 Million Oz Silver Equivalents) In The Third Quarter, 2019; Provides Development And Exploration Project Updates
- August 14, 2019Endeavour Silver Reports Positive Exploration Results For The Parral Project In Chihuahua, Mexico Including 332 gpt Silver Over 13.1 M True Width
- August 8, 2019Endeavour Silver Reports Second Quarter, 2019 Financial Results; Conference Call At 10am Pdt (1pm EDT) Today
- July 15, 2019Endeavour Silver Acquires Exploration And Exploitation Rights To Two Properties Adjacent To The Guanacevi Mine, Durango State, Mexico
- July 10, 2019Endeavour Silver Produces 1,059,322 Oz Silver And 9,558 Oz Gold (1.8 Million Oz Silver Equivalents) In The Second Quarter, 2019
- July 2, 2019Endeavour Silver Reports Fatal Accident At The Bolanitos Mine
- June 18, 2019Endeavour Silver Receives Final Tailings Permit For The Terronera Mine Project In Jalisco State, Mexico
- June 5, 2019Endeavour Silver Reports High Grade Silver-Gold Drill Intersections At The Guanacevi Mine, Durango, Mexico
- May 30, 2019Endeavour Silver Provides Update On Mining Operations
- May 22, 2019Endeavour Silver Reports High Grade Silver-Gold Drill Intersections From 2019 Exploration Program At The Bolanitos Mine, Guanajuato, Mexico
- May 9, 2019Endeavour Silver Announces 2019 Annual General Meeting Results
- May 7, 2019Endeavour Silver Releases 2018 Annual Review And Sustainability Report And Files Updated Technical Report For The Terronera Project
- May 6, 2019Endeavour Silver Reports First Quarter, 2019 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- April 11, 2019Endeavour Silver Produces 1,071,355 Oz Silver And 10,055 Oz Gold (1.9 Million Oz Silver Equivalent) In The First Quarter, 2019
- April 1, 2019Endeavour Silver Achieves Commercial Production At El Compas Mine In Zacatecas, Mexico
- February 25, 2019Endeavour Silver Reports 2018 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- January 31, 2019Endeavour Silver Introduces Portfolio Of Exploration Projects In Chile, Reviews Growth Strategies And 2019 Exploration Plans, Hosting Growth Webinar Today, 10 AM PT
- January 24, 2019Endeavour Silver Provides 2019 Production And Cost Guidance, Production Forecast 4.4-5.2 Million Oz Silver And 46,200-52,200 Oz Gold, For 8.1-9.4 Million Oz Silver Equivalent
- January 21, 2019Endeavour Silver Updates 2018 Mineral Reserve And Resource Estimates
- January 10, 2019Endeavour Silver Produces 5.5 Million Oz Silver And 52,967 Oz Gold For 9.5 Million Oz Silver Equivalents In 2018
- December 17, 2018Endeavour Silver Provides Early Review Of El Cubo Mine Plan For 2019
- December 12, 2018Endeavour Silver Reports Positive Surface Drilling And Underground Sampling Results For The Parral Project, Chihuahua, Mexico
- November 28, 2018Endeavour Silver Reports High Grade Silver-Gold Intersections In Multiple Veins From 2018 Drill Program At The Bolanitos Mine, Guanajuato, Mexico
- October 31, 2018Endeavour Silver Reports Third Quarter, 2018 Financial Results; Conference Call At 10am Pt (1pm Et) Today
- October 15, 2018Endeavour Appoints Vice President, Operations
- October 11, 2018Endeavour Silver Produces 1,428,828 Oz Silver And 12,968 Oz Gold (2.4 Million Oz Silver Equivalents) In The Third Quarter, 2018
- September 19, 2018Endeavour Silver Reports Multiple High Grade Infill Drill Intercepts And Files Prefeasibility Study Technical Report For The Terronera Mine Project, Jalisco, Mexico
- August 30, 2018Endeavour Silver Reports Updated Ni 43-101 Mineral Resource And Reserve Estimates And An Updated Pre-Feasibility Study For The Terronera Mine Project, Jalisco, Mexico
- August 29, 2018Endeavour Silver Reports Company-Wide Initiatives To Reduce Capital, Operating And Other Costs, Temporary Halt Of El Compas Plant Operations To Re-Commission The Tailings Facility
- August 2, 2018Endeavour Silver Reports Second Quarter, 2018 Financial Results; Conference Call At 10am PDT (1pm EDT) Today
- July 25, 2018Endeavour Silver Drilling Intersects 269 Gpt Silver And 5.5 Gpt Gold Over 1.1 Metres (19.9 Opt Ageq Over 3.6 Ft) At Calicanto Property, Zacatecas, Mexico And Provides Development Update For The El Compas Mine
- July 10, 2018Endeavour Silver Produces 1,355,895 Oz Silver And 13,674 Oz Gold (2.4 Million Oz Silver Equivalents) In The Second Quarter, 2018
- June 27, 2018Endeavour Silver Drilling Intersects 618 Gpt Silver And 3.2 Gpt Gold Over 21.2 Metres (25.1 Opt Ageq Over 69.6 Ft) At Terronera Project, Jalisco, Mexico
- June 13, 2018Endeavour Silver Announces At-The-Market Offering Of Up To Us$35.7 Million
- May 29, 2018Endeavour Appoints Vice President, New Projects
- May 14, 2018Endeavour Silver Drilling Intersects High Grade Silver-Gold-Lead-Zinc Mineralization In The San Patricio Vein System On The Parral Property; Provides Positive Results For Metallurgical Testing At Parral Properties
- May 7, 2018Endeavour Silver Announces 2018 Annual General Meeting Results
- May 3, 2018Endeavour Silver Reports First Quarter, 2018 Financial Results; Conference Call At 9am PDT (12pm EDT) Today
- May 2, 2018Endeavour Silver Releases 2017 Annual Review And Sustainability Report
- April 18, 2018Mexico Management Appointments And Departure
- April 13, 2018Endeavour Silver Files Final Base Shelf Prospectus
- April 9, 2018Endeavour Silver Produces 1,350,840 Oz Silver And 13,208 Oz Gold (2.3 Million Oz Silver Equivalents) In The First Quarter, 2018; Provides Update Of The El Compas Mine Development Project
- March 27, 2018Endeavour Silver Updates Progress On Terronera Silver-Gold Mine Project In Jalisco, Mexico
- February 26, 2018Endeavour Silver Reports 2017 Financial Results; Conference Call At 10am PST (1pm Est) Today
- February 20, 2018Endeavour Silver Updates Development Progress And Improves Operating Metrics Of The El Compas Gold-Silver Mine Project In Zacatecas, Mexico
- February 7, 2018Endeavour Silver Updates Mineral Reserve And Mineral Resource Estimates For Its Operating Mines And Development Projects And Reports Initial Mineral Resource Estimate For New Parral Properties
- January 25, 2018Endeavour Silver Provides 2018 Production And Cost Guidance, Targeting 20% Increase In Production To 5.8-6.4 Million Oz Silver And 58-64,000 Oz Gold For 10.2-11.2 Million Oz Silver Equivalent
- January 10, 2018Endeavour Silver Produces 4.9 Million Oz Silver And 53,007 Oz Gold For 8.9 Million Oz Silver Equivalent In 2017
- December 4, 2017Endeavour Silver Drilling Discovers High Grade Silver-Gold Mineralization In The Misie And Calicanto Vein Systems On The Calicanto Property, Zacatecas, Mexico
- November 15, 2017Endeavour Silver Drilling Discovers Potential Bulk Tonnage Silver Mineralization In The Palmilla Mine Area, Parral Project, Chihuahua, Mexico
- November 2, 2017Endeavour Silver Reports Financial Results For Third Quarter, 2017
- November 1, 2017Endeavour Silver Appoints New Director Of Investor Relations
- October 24, 2017Endeavour Silver Drilling Verifies High Grade Silver Mineralization In The Veta Colorada On The Parral Project, Chihuahua, Mexico
- October 10, 2017Endeavour Silver Produces 1,262,064 Oz Silver And 13,648 Oz Gold (2.2 Million Oz Silver Equivalents) In The Third Quarter, 2017
- September 11, 2017Endeavour Silver And Capstone Mining Exchange Mineral Rights On Adjacent Properties In Zacatecas, Mexico
- August 30, 2017Endeavour Silver Drilling Extends High Grade Silver-Gold Mineralization In Santa Cruz Vein At The Guanaceví Mine In Durango, Mexico
- August 15, 2017Endeavour Silver Drilling Continues To Intersect High Grade Mineralization In The La Luz Vein On The Terronera Property In Jalisco, Mexico
- August 10, 2017Endeavour Silver Appoints New Vice President, Engineering To Lead New Technical Services And Mine Development Group
- August 3, 2017Endeavour Silver Reports Financial Results For Second Quarter, 2017; Updates On Development Projects And 2017 Guidance
- July 12, 2017Endeavour Silver Produces 1,143,788 Oz Silver And 13,058 Oz Gold (2.1 Million Oz Silver Equivalents) In The Second Quarter, 2017
- June 20, 2017Endeavour Silver Releases 2016 Annual Review And Sustainability Report
- June 12, 2017Endeavour Silver Completes Review Of Director’s Agm Election Status
- June 6, 2017Endeavour Silver Acquires Additional Properties In Zacatecas, Mexico
- May 4, 2017Endeavour Silver Announces 2017 Annual General Meeting Results
- May 3, 2017Endeavour Silver Reports First Quarter, 2017 Financial Results; Conference Call At 9am Pdt (12pm Edt) Today
- April 11, 2017Endeavour Silver Produces 1,076,974 Oz Silver And 11,724 Oz Gold (1.9 Million Oz Silver Equivalents) In The First Quarter, 2017
- April 3, 2017Endeavour Silver Reports Updated Ni 43-101 Mineral Resource And Reserve Estimates And Pre-Feasibility Study For Terronera Mine, Jalisco, Mexico
- March 27, 2017Endeavour Silver Reports Initial Ni 43-101 Mineral Resource Estimate And Preliminary Economic Assessment For El Compas Mine, Zacatecas, Mexico
- March 16, 2017Endeavour Silver Expands High-Grade Silver-Gold Mineralized Zones In Terronera And La Luz Veins On The Terronera Property In Jalisco, Mexico
- March 2, 2017Endeavour Silver Reports 2016 Financial Results;Conference Call At 10am Pst (1pm Est) On March 2, 2017
- February 23, 2017Endeavour Silver To Release 2016 Financial Results On March 2, 2017
- February 1, 2017Endeavour Silver Appoints New Vice President, Operations And Country Manager, Mexico
- January 25, 2017Endeavour Silver Provides Production And Cost Guidance For 2017
- January 19, 2017Endeavour Silver Updates Reserves And Resources For Operating Mines
- January 10, 2017Endeavour Silver Produces 5.4 Million Oz Silver And 57,375 Oz Gold In 2016
- December 13, 2016Endeavour Silver Drill Programs Discover New High-Grade, Silver-Gold Mineralized Zones at the El Compas and Terronera Properties in Mexico
- November 3, 2016Endeavour Silver Reports Financial Results for Third Quarter, 2016;Conference Call at 11am PDT (2pm EDT) Today
- November 1, 2016Endeavour Silver Completes Acquisition of Parral Properties from Silver Standard
- October 24, 2016Endeavour Silver Continues to Define High Grade, Silver-Gold Vein Mineralization at Terronera Property in Jalisco State, Mexico
- October 11, 2016Endeavour Silver Produces 1,284,646 oz Silver and 14,364 oz Gold (2.4 Million oz Silver Equivalents) in the Third Quarter, 2016
- September 14, 2016Endeavour Silver Signs Agreement to Acquire Exploration Properties in Parral District, Chihuahua, Mexico from Silver Standard
- August 11, 2016Endeavour Silver President and COO Godfrey Walton Assumes the Responsibilities of VP of Operations and Country Manager
- August 3, 2016Endeavour Silver Reports Financial Results for Second Quarter, 2016;Conference Call at 10am PDT (1pm EDT) Today
- July 11, 2016Endeavour Silver Produces 1,551,851 oz Silver and 15,649 oz Gold (2.6 Million oz Silver Equivalents) in the Second Quarter, 2016; Revises 2016 Operating Plan and Raises 2016 Production Guidance
- June 27, 2016Endeavour Silver Outlines Several Prospective New Silver-Gold Veins on the Terronera Property in Jalisco State, Mexico
- June 2, 2016Endeavour Silver Appoints New Vice President, Corporate Development
- May 30, 2016Endeavour Silver Completes Acquisition of Oro Silver Resources Ltd.
- May 27, 2016Endeavour Silver Announces Annual General Meeting Results
- May 9, 2016Endeavour Silver Signs Definitive Agreement to Acquire Oro Silver Resources and Its El Compas Gold-Silver Mine Property and Leased Plant From Canarc Resource
- May 5, 2016Endeavour Silver Announces At-The-Market Offering of up to US$40 Million
- May 5, 2016Endeavour Silver Reports First Quarter, 2016 Financial Results; Conference Call at 10am PDT (1pm EDT) Today
- April 27, 2016Endeavour Silver Revises Q1 Earnings Date to May 5, 2016
- April 26, 2016Endeavour Silver Completes US$16 Million At-the-Market Equity Financing
- April 25, 2016Endeavour Silver Files Preliminary Base Shelf Prospectus
- April 8, 2016Endeavour Silver Produces 1,510,065 oz Silver and 15,960 oz Gold (2.7 Million oz Silver Equivalents) in the First Quarter, 2016
- March 4, 2016Endeavour Silver Reports 2015 Financial Results; Conference Call at 10am PST (1pm EST) on March 4, 2016
- February 19, 2016Endeavour Silver to Release 2015 Fourth Quarter and Year-End Financial Results on March 4, 2016
- January 28, 2016Endeavour Silver Provides Production and Cost Guidance for 2016; Conference Call at 10:00am PST Today
- January 21, 2016Endeavour Silver Updates Reserve and Resource Estimates; Deep Drilling Intersects Highest Grades Yet at Terronera
- January 12, 2016Endeavour Silver Produces 7.2 Million oz Silver and 60,000 oz Gold in 2015
- November 25, 2015Endeavour Silver Announces At-the-Market Offering of Up to US $16.5 Million
- November 2, 2015Endeavour Silver Reports Financial Results for Third Quarter, 2015; Conference Call at 11am PST (2pm EST) on November 2, 2015
- October 28, 2015Endeavour Silver Announces Revised Date for Release of Third Quarter, 2015 Financial Results; Provides Emergency Supplies to Small Towns Near San Sebastian del Oeste, Jalisco, Mexico to Assist in Recovery From Hurricane Patricia
- October 8, 2015Endeavour Silver Produces 1,820,282 oz Silver and 15,319 oz Gold (2.9 Million oz Silver Equivalent) in the Third Quarter, 2015
- September 22, 2015Endeavour Silver Infill Drilling Confirms High Grade, Gold-Silver Mineralization at Terronera Property in Jalisco State, Mexico
- September 9, 2015Endeavour Silver Drilling Extends Three Zones of High Grade, Gold-Silver Mineralization in Santa Cruz Vein, Guanaceví Mine, Durango State, Mexico
- August 17, 2015Endeavour Silver Drilling Intersects High Grade, Gold-Silver Mineralization in Three Historic Veins on Bolanitos Property, Guanajuato State, Mexico
- August 6, 2015Endeavour Silver Reports Financial Results for Second Quarter, 2015; LOC Debt Reduced by $4 Million, Cash Holdings Increased by $5.5 Million; Conference Call at 10am PDT (1pm EDT) on August 6, 2015
- July 9, 2015Endeavour Silver Produces 1,769,741 oz Silver and 13,047 oz Gold (2.7 Million oz Silver Equivalent) in the Second Quarter, 2015
- June 15, 2015Ball Mill Repaired and Plant Operations Back to Normal at Bolanitos Mine; Second Mine Contractor Commences Work at El Cubo Mine
- June 5, 2015Endeavour Silver Reports Ball Mill Down for Repairs at Bolanitos Mine; No Material Impact on Production Anticipated
- June 1, 2015Endeavour Silver Infill Drilling Confirms Thick, High Grade, Silver-Gold Mineralization at Terronera Property, Jalisco State, Mexico
- May 11, 2015Endeavour Silver Releases Positive Preliminary Economic Assessment for the Terronera Project, Jalisco State, Mexico
- May 7, 2015Endeavour Silver Announces Annual General Meeting Results
- May 6, 2015Endeavour Silver Reports First Quarter, 2015 Financial Results; Conference Call at 9am PDT (12pm EDT) on May 6, 2015
- April 23, 2015Endeavour Silver Makes Minor Amendments to Stock Option Plan
- April 8, 2015Endeavour Silver Produces 1,820,050 oz Silver and 15,808 oz Gold (2.9 Million oz Silver Equivalents) in the First Quarter, 2015
- March 17, 2015Endeavour Silver Initiates Major Mine Expansion at El Cubo; Raises Production Guidance and Reduces Cost Guidance for 2015
- March 5, 2015Endeavour Silver Reports 2014 Financial Results; Conference Call at 1pm PST (4pm EST) Today, March 5, 2015
- February 5, 2015Endeavour Silver to Release 2014 Fourth Quarter and Year-End Financial Results on March 5, 2015
- January 29, 2015Endeavour Silver Updates Reserve and Resource Estimates, Provides Production and Cost Guidance for 2015; Conference Call at 10:00am PST Today
- January 12, 2015Endeavour Silver Reports Record Silver Production in 4th Quarter, 2014 and 10th Consecutive Year of Higher Silver Production
July 14, 2020
Endeavour Silver Announces Robust Economics In Final Pre-Feasibility Study On The Terronera Mine Project In Jalisco State, Mexico; Video Webcast And Q&A On July 14, 2020
VANCOUVER, British Columbia, July 14, 2020 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) announces that the Company’s recent re-assessment of all aspects of the Terronera Mine Project in Jalisco state, Mexico has resulted in more robust economics in the final Pre-Feasibility Study (“2020 PFS”) compared to the earlier Pre-Feasibility Study released on August 30, 2018 (“2018 PFS”).
Endeavour management worked with Ausenco Engineering Canada Inc. (Ausenco) on the re-conceptualization and re-engineering of the project to generate the significantly improved 2020 PFS economics presented herein. Ausenco will co-author the 2020 PFS Technical Report in compliance with National Instrument 43-101, to be filed on SEDAR and EDGAR within 45 days of this news release. All currency references herein are in US$.
The PFS base case assumes a two-year trailing average silver price of $15.97 per ounce (“oz”) and a gold price of $1,419 per oz with an implied 89:1 silver:gold ratio, and an MXN:USD exchange rate of 20:1. The 2020 PFS also presents an alternative spot case using the closing metal prices as of July 8th, 2020, with silver at $18.49 per oz and gold at $1,812 per oz for a silver: gold ratio of 98:1.
Additional details and charts can be found in the NI 43-101 Technical Report which will be posted on SEDAR and the 2020 PFS webinar presentation available (here) on the Company website.
2020 PFS Base Case Highlights
- After-tax Net Present Value (“NPV 5%”) of $137 million
- After-tax Internal Rate of Return (“IRR”) of 30.0%
- Life of Mine (“LOM”) Annual Production averages 3 million oz silver and 32,800 oz gold for 5.9 million oz silver equivalent (“AgEq”) at an 89:1 silver:gold ratio over an initial 10 year Mine Life
- LOM Cash Cost (“CC”) of $0.004 per oz silver, net of the gold credit
- LOM Mine-Site All-in Sustaining Cost (“MAISC”) of $2.10 per oz silver, net of the gold credit
- Initial Capital Expenditure (“Capex”) of $99 million
- LOM Sustaining Capital Expenditures of $60 million
- Payback Period (“Payback”) of 2.7 years
- Pre-tax cumulative undiscounted free cash flow of $315 million
- After-tax cumulative undiscounted free cash flow of $217 million
2020 PFS Spot Case Highlights
- After-tax NPV 5% of $229 million
- After-tax IRR of 45.7%
- LOM CC of ($4.15) per oz silver, net of the gold credit
- LOM Mine-Site All-in Sustaining Cost (“MAISC”) of $($2.06) per oz silver, net of the gold credit
- Payback of 1.7 years
- Pre-tax cumulative undiscounted free cash flow of $514 million
- After-tax cumulative undiscounted free cash flow of $342 million
Bradford Cooke, CEO, commented, “This final iteration of our Terronera PFS adds real value to the project, reducing the initial development capex and significantly enhancing our financial returns. Endeavour’s Director of Project Development Ernesto Lima worked with Ausenco to re-evaluate every parameter in our previous Pre-Feasibility studies and the result is very simply a better project, with low capital and operating costs, quick payback period and robust financial returns.”
“At base case prices, the improved economics include an NPV of $137 million, IRR of 30.0%, and payback period of 2.7 years. At current spot prices, the project exhibits the exceptional economics that one would expect from such a shallow, thick and rich silver-gold vein system. Endeavour now plans to complete a Feasibility Study at an estimated cost of $1.8 million over the next 12 months. Terronera represents our next core asset and once built, should become our largest and lowest cost mine.”
Location, Access, Physiography, Infrastructure
Terronera is located approximately 50 kilometres (km) northeast of the port city of Puerto Vallarta in Jalisco state, Mexico, about a 1½ hour drive on Highway 70 to the town of San Sebastian del Oeste. The property has excellent road access and is situated in a mountainous region at elevations of 1,500-2,200 metres (m)above sea level. Supplies, water, power and labour are all available locally however for mining operations, new water wells, more power capacity and employee camps will be required.
Property, History, Geology, Mineralization
Terronera consists of 24 mineral concessions totalling 17,369 hectares. Discovered in 1542, the San Sebastian district went through sporadic periods of small-scale silver and gold production from more than 50 old mines on approximately 20 mineralized veins. All mining halted around 1910-1912 during the Mexican Revolution and not much happened at Terronera until Grupo Mexico acquired the project and conducted some exploration work in the late 1980’s and early 1990’s.
Endeavour acquired an option from Grupo Mexico to purchase Terronera for $2.75 million in 2010, and all expenditures since inception including exploration and engineering to date total $27.8 million. The Company commenced exploration work in 2011 and discovered mineralization in the Terronera Vein in 2012. High grade, silver-gold sulfide and sulfosalt mineralization is hosted in multiple low sulfidation, epithermal veins from 1 to 30 m thick over an area 12 km long by 6 km wide. The veins occur within late Cretaceous andesite to rhyolite volcanic rocks within the Sierra Madre Occidental metallogenic belt where it transects the Trans-Mexico Volcanic Belt.
Reserves and Resources
The 2020 PFS provides a revised mine plan, including revised mining dilution and recovery assumptions, which resulted in slight reductions to tonnes, grades and oz in the December 31, 2019 Mineral Reserve Estimate. Probable Mineral Reserves totaled 5.563 million tonnes grading 201 gpt silver and 2.29 gpt gold or 405 gpt AgEq (89:1 silver:gold ratio) for 36.0 million oz silver and 410,000 oz gold or 72.5million oz AgEq. Inferred Mineral Resources total 1.080 million tonnes grading 208 gpt silver and 2.28 gpt gold or 379 gpt AgEq for 7.2 million oz silver and 79,000 oz gold or 13.2 million oz AgEq. Changes from the 2018 PFS Mineral Reserve Estimate include tonnes up 18%, silver grade down 10%, gold grade up 0.4%, silver oz up 6.5% and gold oz up 20%, mainly due to infill drilling of the Terronera and La Luz Inferred Mineral Resources to upgrade them to Probable Mineral Reserves.
2020 PFS Base Case Compared to 2018 PFS
The following table compares the 2020 PFS compared to the 2018 PFS.
TERRONERA PROJECT PFS Change 2020 PFS Compared to 2018 PFS 2020 2018 Change Silver Price 15.97 17.00 (6%) Gold Price 1,419 1,275 11% Silver:Gold Ratio 89 75 19% Operating Statistics LOM Tonnes Processed LOM (thousands) 5,563 4,701 18% Process Capacity (tonnes per day) 1,600 1,500 7% Life of Mine (years) 10.0 9.5 5% Average silver grade (gpt) 201 224 (10%) Average gold grade (gpt) 2.29 2.26 1% Silver equivalent grade (gpt) 405 394 3% Average silver recovery 84.9% 84.6% 0% Average gold recovery 82.3% 80.4% 2% LOM payable Ag ounces produced (millions) 29.8 27.9 6% LOM payable Au ounces produced (thousands) 328 268 18% LOM payable Ag Eq ounces produced (millions) 59.0 48.0 19% Avg annual payable Ag ounces produced (millions) 3.0 2.9 1% Avg annual payable Au ounces produced (thousands) 33 28 14% Avg annual payable Ag Eq ounces produced (millions) 5.9 5.1 14% Capital Expenditures Initial Capital Expenditure (millions) 99.1 115.0 (14%) LOM Sustaining Capital 62.4 25.8 142% Total LOM Project Capital 161.5 140.8 15% Financial Metrics LOM Revenue (millions) 942.7 815.8 16% LOM EBITDA (millions) 476.4 447.7 6% After Tax LOM Free Cash Flow (millions) 217.4 193.2 13% After Tax Project Net Present Value (millions) 137.1 117.8 16% After Tax Internal Rate of Return 30.0% 23.5% 28% Pay Back Period (years) 2.7 5.4 (50%) Cash costs by Product (per silver ounce) 0.004 0.15 (100%) Mine-site All in sustaining (per silver ounce) 2.10 1.36 54% Cash costs by Silver Equivalent (per silver ounce) 7.90 7.67 3% All in sustaining Silver equivalents (per silver ounce) 8.96 8.35 7% LOM Cost of Sales (millions) 466.3 368.1 27% Total Direct Production Costs (per tonne) 83.82 78.29 7% Initial and Sustaining Capital
The initial capital cost of the project is $99 million, to be incurred over an 18 month period prior to the start of commercial production. Initial capital is 14% lower than the 2018 PFS due to reducing initial mine development and equipment, reducing the plant footprint, updating the plant flowsheet, utilizing some used plant equipment from El Cubo, modifying the tailings storage facility and moving some capex into sustaining capital through lease financing. Cumulative sustaining capital is estimated at $60 million with over 80% spent in years 1-4 for the phased underground mine development.
Operating, Cash and All-in Sustaining Costs
The average annual operating cost per tonne is $83.82, or about 7% higher than the 2018 PFS due mainly to higher processing costs and smelter charges. Cash cost is slightly lower, however, MAISC is higher than the 2018 PFS, mainly due to the re-allocation of initial mine development to sustaining mine development.
EBITDA and FCF
The average annual EBITDA during commercial production is $48 million and after-tax free cash flow is $31 million. The cumulative LOM EBITDA and after-tax free cash flow are estimated at $476 million and $217 million, respectively 6% and 13% higher than the 2018 PFS.
Project Sensitivities
At current spot prices, the after tax NPV and IRR are most sensitive to metal prices and least sensitive to initial capex and has approximately equal exposure to silver and gold prices.
>
Sensitivity Table (Ratio 100:1) Gold Price Silver Price After Tax NPV After Tax IRR 1,200 12.00 49.8 14.2% 1,400 14.00 107.8 24.2% Base Case Base Case 137.1 30.0% 1,600 16.00 164.5 34.9% 1,800 18.00 220.9 44.4% 2,000 20.00 277.3 53.9% Sensitivity Table Movement OPEX NPV OPEX IRR CAPEX NPV CAPEX IRR -20% 173.2 36.2% 150.4 38.1% -10% 155.2 33.1% 143.8 33.6% Base Case 137.1 30.0% 137.1 30.0% 10% 118.9 26.7% 130.4 26.9% 20% 100.7 23.4% 123.7 24.3% Mining Operations
Both Terronera and La Luz will be mechanized ramp access underground mines capable of producing an average of 1,600 tpd to meet the plant capacity. Mining operations were improved to defer some initial capital as well as reduce the operating cost. Four pieces of mining equipment were deemed redundant under the updated layout. Operating cost was reduced by increasing long-hole mining in both deposits and decreasing the re-handling of waste and backfill inside the mine to minimize transport cost.
Plant Flowsheet
The plant flowsheet with a 1,600 tpd capacity, consists of three stage crushing, grinding, flotation (flash, rougher, scavenger and cleaner), thickening and filtration of concentrate, tailings filter plant and a filtered-tailings (dry stack) storage facility. Plant operations were also improved to reduce capital. Construction capital was reduced by shrinking the plant footprint, reducing earthworks, eliminating the crusher building and regrind circuit, reducing the thickener size, utilizing used equipment from El Cubo and lease financing some new equipment. Operating cost was reduced by increasing plant capacity by 7%, simplifying the flowsheet, better utilizing equipment and reducing the power consumption and cost.
Surface Infrastructure
Surface infrastructure to be constructed at Terronera includes conventional gravel roads, underground haul roads, power generation plant, reclaim and fresh-water dams, waste and ore stockpiles, ancillary buildings, communications and camp facilities. The estimated power requirement for the project is 4.9MW and an additional 1MW for the camp. The power to the camp will be provided either by the national grid, CFE or as part of the project power supply which will be powered through a liquified natural gas generating station in tandem with a solar power plant built and maintained by a Mexican power provider.
Project Schedule
Management now plans to proceed with a Feasibility Study over the next 12 months at an estimated cost of $1.8 million to further de-risk the project and access additional project debt financing alternatives. Once a development decision is made, the Terronera Project will take approximately 18 months to construct and commission to commercial production. These timeframes do not take into account any further disruptions to the labour market and supply chain due to the COVID 19 pandemic.
Sustainability Initiatives
The Community Relations team has been successful in mitigating risk and obtaining support from the local communities, mainly focusing on the two closest towns, Santiago de los Pinos and San Sebastian del Oeste (combined population of 1,250). The Company has completed the following initiatives:
- Social Impact Assessment - 82.6% of the people surveyed agreed with mining activities in the area and support job creation and positive economic benefits that will result from mining
- Social Management System - designed to build and maintain positive relationships in the communities, including a Social Grievance Mechanism designed to receive, investigate and respond to complaints and concerns in the local communities.
- Urban Development Project - developing a Municipal Urban Plan to facilitate the influx of employees, contractors, suppliers and other stakeholders for the life of mine, including essential infrastructure (water supply, water treatment, roads, accommodations, etc.
- Government Engagement - through agreements with local, municipal, state and federal ministries to develop cultural, educational, health, family, employment and other programs in the community
- Ejido Engagement – through agreements with the communal land association to provide access across their land during the exploration, development and exploitation
Government Permits
Endeavour Silver has in place the following government permits for the development of the Project:
- Mine and plant permits (received Q3, 2017)
- Tailings and dumps permit (received Q2, 2019)
- MIA (EIS) from SEMARNAT (Mexican Environmental Authority) previously received in Q1, 2017, is being extended.
- Additional permit applications will be filed as needed based on the Feasibility Study
Exploration Potential
Exploration at Terronera has identified several areas of interest with high discovery potential. The main Terronera and La Luz Vein orebodies are both open to a certain extent to surface and at depth. There are three main areas with significant potential to increase Mineral Resources, the deep central area, the central-north part and the shallow part of the Santa Gertrudis – El Hundido area.
The La Loma-Los Pajaros Veins located close to the footwall of the Terronera Vein have returned economic grades over mineable widths from surface rock chip sampling, however they have not yet been drilled. These vein targets range up to 500 m long by up to 3 m thick.
In the Real Alto area, more than 12 veins have been identified. Real Alto is located about 20 km at southeast of the Terronera Vein at elevations 500 to 600 m higher than the Terronera orebody. These vein structures are hosted in the same favorable volcanic rock formations and with the same structural patterns as Terronera. These vein targets range from 500 m to 1,000 m long with previous rock chip and shallow drill results returning up to 150 gpt Ag. Since these low sulfidation epithermal vein deposits occur within bonanza zones with well-defined elevation controls, deeper drilling is needed to test the Real Alto targets down to the elevations of the Terronera and La Luz orebodies.
Opportunities to Enhance Value
Several opportunities to enhance value for the Terronera Project have been identified and will be further evaluated during the Feasibility Study. These include:
- Expand Property Size – complete the process of applying for new concessions and acquiring existing third-party concessions covering mineralized areas proximal to the current properties
- Expand Mineral Resources and Reserves – plan additional exploration drilling, both within the current resource footprint to convert Inferred Mineral Resources to Probable Reserves, and to test multiple other veins such as the La Loma-Los Pajaros and Real Alto Vein systems
- Expand Mine and Plant – evaluate the potential to expand to 2,000 tpd subject to expanding the Mineral Reserves
- Optimize Mining Method – with more geotechnical drilling, additional long hole mining may be possible, current model assumes a combination of long hole mining (in thicker zones with stronger wall-rocks), cut and fill mining (in narrower zones with weaker wall-rocks) and resuing (in very narrow high grade veins)
- Optimize Ore Transport – evaluate an automated underground rail haulage system to haul ore to the plant which would benefit both haulage costs and ventilation requirements
- Optimize Mining Equipment – evaluate electric equipment instead of diesel which would benefit both fuel costs and ventilation requirements
- Optimize Metallurgical Recoveries – continue to evaluate grind sizes vs flotation stages vs metal recovery
- Reduce Operating Costs – Evaluate pre-concentration technologies to reduce the unit operating costs
- Optimize Tailings Transport – evaluate alternatives such as conveyor or pipeline vs trucks to move tailings from the plant to the dry stack storage facility
- Optimize Power Capacity – re-evaluate power needs once other power applications are optimized
Next Steps
Endeavour plans to complete a Feasibility Study (FS) for the Terronera Project with some activities as overlapping instead of sequenced. These include:
- Feasibility Study - Consultant bidding and selection process is already underway and scheduled to conclude in August. The Feasibility Study is estimated to take 9 to 12 months.
- EPC Process - Endeavour has defined its EPC strategy and initiated contacts with potential contractors to commence the process of contractor bidding and selection process for the project engineering, procurement and construction.
- Government Permitting – some permits such as mine access ramp portals, temporary waste rock storage areas and construction camp will be modified now the PFS is concluded, but these are not expected to delay the construction phase
- Long Lead Items – Endeavour has received and warehoused the main ball mill components and will evaluate the possibility to commence early underground development of the main three km long haulage-way to access the main Terronera orebody
- Project Financing – continue to evaluate staged financing, with current cash and ATM to fund the FS and long lead items, and debt, convertible, equity and other alternatives to fund the initial capex
Video Webcast and Q&A – 2020 PFS Webinar
A video webcast to discuss the updated economics for the 2020 PFS is scheduled for Tuesday July 14, 2020,
at 10:00 a.m. Pacific time (1:00 p.m. Eastern time). Those interested in participating, are invited to join online: https://www.edrsilver.com/terroneraPFS2020webinarA Question and Answer period will follow. Participants can submit a question through the webcast webform via “Submit a Question” button. The PowerPoint presentation will also be available (here) or on the homepage of the Company’s website and under the Investor Relations, Events and Webcast sections. The webcast will also be archived for replay.
Qualified Persons and QA/QC
Godfrey Walton, M.Sc., P.Geo., Endeavour’s President and COO, is the Qualified Person who reviewed and approved this news release and supervised the engineering work supporting the 2020 NI 43-101 Technical Report, Prefeasibility Study for the Terronera Project. The PFS team Ausenco Engineering Canada Inc - Robin Kalanchey, P.Eng., P&E Mining Consulting - Eugene Puritch, P.Eng. FEC. CET, David Burga P.Geo., Yungang Wu, P.Geo., D. Gregory Robinson P. Eng., Wood Engineering - Humberto Preciado, P.E., Eugenio Iasillo P.E., JDS Mining - Mike Levy P.E., P.Eng., Moose Mountain – Mike Petrina P.Eng., are the Independent Qualified Persons for the 2020 PFS who have reviewed and approved the technical contents of this news release.
A Quality Control sampling program of reference standards, blanks and duplicates is used to monitor the integrity of all assay results. All samples are split at the local field office and shipped to ALS-Chemex Labs, where they are dried, crushed, split and 50 gram pulp samples are prepared for analysis. Gold is determined by fire assay with an atomic absorption (AA) finish and silver by aqua regia digestion and ICP finish, over-limits by fire assay and gravimetric finish.
About Endeavour Silver – Endeavour Silver Corp. is a mid-tier precious metals mining company that owns and operates three high-grade, underground, silver-gold mines in Mexico. Endeavour is currently advancing the Terronera Mine Project towards a development decision and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer. Our philosophy of corporate social integrity creates value for all stakeholders.
SOURCE Endeavour Silver Corp.
Contact Information:
Galina Meleger, Director, Investor Relations
Toll free: (877) 685-9775
Tel: (604) 640-4804
Email: moc.revlisrde@regelemg
Website: www.edrsilver.comFollow Endeavour Silver on Facebook, Twitter, Instagram and LinkedIn
Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of the United States private securities litigation reform act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward‑looking statements and information herein include but are not limited to statements regarding Endeavour’s anticipated performance in 2020 and future years including statements regarding the economics analysis and production estimates in the 2020 PFS, changes in mining operations and production levels, the timing and results of various activities and the impact of the COVID 19 pandemic on operations. The Company does not intend to and does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, production levels, performance or achievements of Endeavour and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, the reliability of the Terronera economic analysis and production estimates for Terronera, the ultimate impact of the COVID 19 pandemic on operations and projects and results, changes in production timelines and costs guidance, national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and Mexico; financial risks due to precious metals prices, operating or technical difficulties in mineral exploration, development and mining activities; risks and hazards of mineral exploration, development and mining; the speculative nature of mineral exploration and development, risks in obtaining necessary licenses and permits, and challenges to the Company’s title to properties; as well as those factors described in the section “risk factors” contained in the Company’s most recent form 40F/Annual Information Form filed with the S.E.C. and Canadian securities regulatory authorities.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the ability to achieve the revenue, costs and production estimates in the Terronera 2020 PFS, the continued operation of the Company’s mining operations, no material adverse change in the market price of commodities, mining operations will operate and the mining products will be completed in accordance with management’s expectations and achieve their stated production outcomes, no material impact of the COVID 19 pandemic on the Terronera development plans provided for in the 2020 PFS, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.
- Home
- About
- Portfolio
- Sustainability
- Investors
- News & Media
- Blog
- Contact
© 2023 Endeavour Silver Corp.
All rights reserved.
Cookies are used to make this website work and to enhance your experience. To learn more about the types of cookies this website uses, see our Cookie Policy. You can provide consent by clicking the "I Consent" button or by canceling this cookie notice.
Cookies are used to make this website work and to enhance your experience. To learn more about the types of cookies this website uses, see our Cookie Policy. We need your consent to use marketing cookies. Marketing cookies are used to track visitors across websites. The intention is to display ads (via third party services) that are relevant and engaging for individual users. Please select the checkbox below to indicate your consent.