Endeavour Silver Files NI 43-101 Technical Report on the Feasibility Study of the Terronera Project, Jalisco State

Rhea-AI Summary

Endeavour Silver Corp. (NYSE: EXK) has filed a feasibility study technical report for the Terronera Project in Mexico, dated October 21, 2021, with an effective date of September 9, 2021. The report, prepared by Wood PLC, complies with National Instrument 43-101 and is available on SEDAR and the company's website. Minor cost reallocations were made since the last announcement, but these do not affect economic metrics. The company continues to advance the Terronera mine project and explore further opportunities in Mexico, Chile, and the United States.

Positive

• Feasibility study technical report filed, demonstrating progress on the Terronera Project.
• Minor cost reallocations have no impact on economic metrics, indicating project stability.
• Endeavour Silver aims to become a leading senior silver producer, showcasing growth ambition.

Negative

• None.

VANCOUVER, British Columbia, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) announces it has filed the 2021 feasibility study technical report entitled “NI 43-101 Technical Report on the Feasibility Study of the Terronera Project, Jalisco State, Mexico (“Technical Report”)”, prepared by Wood PLC and dated October 21, 2021 with an effective date of September 9, 2021. The report was prepared in accordance with National Instrument 43-101 and filed on SEDAR and EDGAR today. The report can be viewed on SEDAR at www.sedar.com and on the Company’s website, under the Mining Assets, Development section. The results of the Technical Report were previously announced in the Company’s news release dated September 9, 2021. Additional details and charts presented in the 2021 Feasibility Study webinar presentation are available (here) or on the Company website. There have been minor cost reallocations from the information provided in the September 9, 2021 news release, with no impact on the economic metrics.

About Endeavour Silver – Endeavour Silver Corp. is a mid-tier precious metals mining company that owns and operates two 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, Chile and the United States to achieve 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, Vice President, Investor Relations
Toll free: (877) 685-9775
Tel: (604) 640-4804
Email: gmeleger@edrsilver.com
Website: www.edrsilver.com

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FAQ

What are the key findings of the feasibility study for Endeavour Silver's Terronera Project?

The feasibility study confirms the project's viability with few minor cost reallocations that do not affect economic metrics.

When was the feasibility study report for Endeavour Silver's Terronera Project filed?

It was filed on October 25, 2021, with an effective date of September 9, 2021.

Where can I find the feasibility study report for Endeavour Silver (EXK)?

The report is available on SEDAR and on Endeavour Silver's official website under the Mining Assets section.

What is Endeavour Silver's goal regarding silver production?

Endeavour Silver aims to become a premier senior silver producer through its ongoing projects and developments.