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Endeavour Silver is Producing First Batch of Concentrate at the Terronera Mine; Remains on Track for Wet Commissioning in Early Q2

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Endeavour Silver (NYSE: EXK) reports significant progress in the final construction stages of its Terronera Project in Jalisco, Mexico. The company has successfully produced over two tonnes of concentrate during initial commissioning, with wet commissioning scheduled to begin in early Q2 2025.

Key achievements include:

  • Successful operation of crushing, grinding, flotation and tailing thickening circuits
  • Commencement of concentrate filter pre-commissioning
  • Completion of tailing filter mechanical assembly
  • Tailing Storage Facility reaching full height with installed underdrain piping
  • First production stope mined and backfilled
  • Accumulation of 40,000 tonnes in surface run-of-mine and crushed ore stockpiles

Current focus remains on completing tailing filter installations and pipeline connections between platforms. Operational guidance will be provided after wet commissioning advances.

Endeavour Silver (NYSE: EXK) riporta progressi significativi nelle fasi finali di costruzione del suo Progetto Terronera a Jalisco, Messico. L'azienda ha prodotto con successo oltre due tonnellate di concentrato durante la fase iniziale di avviamento, con l'avviamento umido previsto per l'inizio del secondo trimestre del 2025.

I risultati chiave includono:

  • Operazione riuscita dei circuiti di frantumazione, macinazione, flottazione e addensamento dei fanghi
  • Inizio della pre-commissioning del filtro per il concentrato
  • Completamento dell'assemblaggio meccanico del filtro per i fanghi
  • Impianto di stoccaggio dei fanghi raggiunto l'altezza massima con tubazioni di drenaggio installate
  • Primo stope di produzione estratto e riempito
  • Accumulo di 40.000 tonnellate in stockpile di minerale di superficie e minerale frantumato

Il focus attuale rimane sul completamento delle installazioni dei filtri per i fanghi e delle connessioni delle tubazioni tra le piattaforme. Le indicazioni operative saranno fornite dopo i progressi dell'avviamento umido.

Endeavour Silver (NYSE: EXK) informa sobre avances significativos en las etapas finales de construcción de su Proyecto Terronera en Jalisco, México. La compañía ha producido con éxito más de dos toneladas de concentrado durante la puesta en marcha inicial, con el inicio de la puesta en marcha húmeda programado para principios del segundo trimestre de 2025.

Los logros clave incluyen:

  • Operación exitosa de los circuitos de trituración, molienda, flotación y espesamiento de relaves
  • Inicio de la pre-commissioning del filtro de concentrado
  • Finalización del ensamblaje mecánico del filtro de relaves
  • Instalación del Almacén de Relaves alcanzando la altura máxima con tuberías de drenaje instaladas
  • Extracción y relleno del primer tajo de producción
  • Acumulación de 40,000 toneladas en pilas de mineral a cielo abierto y mineral triturado

El enfoque actual sigue siendo completar las instalaciones de los filtros de relaves y las conexiones de tuberías entre plataformas. Se proporcionará orientación operativa después de que avance la puesta en marcha húmeda.

Endeavour Silver (NYSE: EXK)는 멕시코 할리스코에 있는 Terronera 프로젝트의 최종 건설 단계에서 중요한 진행 상황을 보고합니다. 회사는 초기 시운전 중에 2톤 이상의 농축물을 성공적으로 생산했으며, 습식 시운전은 2025년 2분기 초에 시작될 예정입니다.

주요 성과는 다음과 같습니다:

  • 파쇄, 분쇄, 부상 및 슬러지 농축 회로의 성공적인 운영
  • 농축물 필터의 사전 시운전 시작
  • 슬러지 필터의 기계 조립 완료
  • 슬러지 저장 시설이 설치된 배수관과 함께 최대 높이에 도달
  • 첫 번째 생산 스톱을 채굴하고 되메움
  • 표면 광산 및 분쇄된 광석 재고에서 40,000톤의 누적

현재 초점은 슬러지 필터 설치 및 플랫폼 간의 파이프라인 연결 완료에 있습니다. 습식 시운전이 진행된 후 운영 지침이 제공될 것입니다.

Endeavour Silver (NYSE: EXK) fait état de progrès significatifs dans les dernières étapes de construction de son Projet Terronera à Jalisco, au Mexique. L'entreprise a réussi à produire plus de deux tonnes de concentré lors de la mise en service initiale, avec une mise en service humide prévue pour le début du deuxième trimestre 2025.

Les réalisations clés incluent :

  • Fonctionnement réussi des circuits de concassage, de broyage, de flottation et d'épaississement des résidus
  • Début de la pré-mise en service du filtre à concentré
  • Achèvement de l'assemblage mécanique du filtre à résidus
  • Installation de stockage des résidus atteignant la hauteur maximale avec des tuyaux de drainage installés
  • Premier bloc de production extrait et remblayé
  • Accumulation de 40 000 tonnes dans les stocks de minerai de surface et de minerai broyé

L'accent actuel reste sur l'achèvement des installations de filtres à résidus et des connexions de pipelines entre les plateformes. Des orientations opérationnelles seront fournies après les avancées de la mise en service humide.

Endeavour Silver (NYSE: EXK) berichtet über erhebliche Fortschritte in den letzten Bauphasen seines Terronera-Projekts in Jalisco, Mexiko. Das Unternehmen hat während der ersten Inbetriebnahme erfolgreich über zwei Tonnen Konzentrat produziert, wobei die nasse Inbetriebnahme für Anfang des zweiten Quartals 2025 geplant ist.

Wichtige Erfolge umfassen:

  • Erfolgreicher Betrieb der Zerkleinerungs-, Mahl-, Flotations- und Schlammverdichtungsanlagen
  • Beginn der Vorinbetriebnahme des Konzentratsfilters
  • Abschluss der mechanischen Montage des Schlammfilters
  • Schlammdeponie erreicht maximale Höhe mit installierten Entwässerungsrohren
  • Erster Produktionsstollen abgebaut und verfüllt
  • Ansammlung von 40.000 Tonnen an Oberflächen- und zerkleinertem Erzlagerbeständen

Der aktuelle Fokus liegt auf dem Abschluss der Installation der Schlammfilter und der Rohrverbindungen zwischen den Plattformen. Nach dem Fortschritt der nassen Inbetriebnahme werden betriebliche Hinweise gegeben.

Positive
  • First concentrate production achieved ahead of wet commissioning
  • 40,000 tonnes of ore stockpile accumulated for processing
  • Critical infrastructure components completed including tailing storage facility
  • Project remains on schedule for Q2 2025 wet commissioning
Negative
  • Pending completion of tailing filter installations and pipeline connections

VANCOUVER, British Columbia, March 31, 2025 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. ("Endeavour" or the "Company") (NYSE: EXK; TSX: EDR) provides a construction progress update for its Terronera Project in Jalisco state, Mexico. A photo gallery presentation accompanies this news release and can be found here or on the Company website at Terronera Project Progress Photos.

The company continued making significant progress on its Terronera Project, which is now in the final construction stages. Wet commissioning is anticipated to begin early in the second quarter. Advances to date include:

  • Upper platform process plant commissioning well advanced
  • The crushing, grinding, flotation and tailing thickening circuits successfully ran to produce over two tonnes of concentrate
  • Concentrate filter pre-commissioning has started
  • Tailing filter mechanical assembly was completed
  • Tailing Storage Facility main embankment reached full height, and the underdrain piping with gravel cover has been installed and prepared for life of mine tailing placement
  • The first production stope has been mined and backfilled
  • Surface run-of-mine and crushed ore stockpiles have reached a total of 40,000 tonnes

Focus remains on completing the tailing filter electrical and mechanical installations and the pipeline connections between the upper and lower platforms.

The Company plans to provide operational guidance after wet commissioning advances.

Visit www.terronera.com, our dedicated project website, to stay informed on the ongoing development at Terronera. Explore updates, learn about our commitment to environmental stewardship, and discover the positive impacts on local communities.

About Endeavour Silver: Endeavour is a mid-tier precious metals company committed to sustainable and responsible mining practices. With operations in Mexico and the development of the new cornerstone mine in Jalisco State, the Company aims to contribute positively to the mining industry and the communities in which it operates. In addition, Endeavour has a portfolio of exploration projects in Mexico, Chile, and the United States, which has helped it achieve its goal of becoming a premier senior silver producer. 

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by Don Gray, SME-RM, Chief Operating Officer, a Qualified Person as defined under NI 43-101.

Contact Information

Allison Pettit, Director of Investor Relations
Tel: (604) 640 4804
Email: apettit@edrsilver.com
Website: www.edrsilver.com

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, as amended, and "forward-looking information" within applicable Canadian securities legislation. Such forward-looking statements and information herein include but are not limited to statements regarding the development of the Terronera Project, the anticipated timing of construction steps and commencement of commissioning at the Terronera Project, the Company’s areas of focus for the Terronera Project, the Terronera Project's forecasted operations, costs and expenditures, Endeavour’s future operational guidance announcements, the Company’s future growth and value creation and the timing and results of various related activities. The Company does not intend to and does not assume any obligation to update 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 Endeavor's actual results, level of activity, production levels, performance, or achievements, and its operations to be materially different from those expressed or implied by such statements. Such factors include but are not limited changes in production and costs guidance; the ongoing effects of inflation and supply chain issues on mine economics; national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada, Chile, the USA 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; continued compliance with the project loan debt facility; fluctuations in the prices of silver and gold, fluctuations in the currency markets (particularly the Mexican peso, Chilean peso, Canadian dollar and US dollar); 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 SEC and Canadian securities regulatory authorities.

Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's mining operations, no material adverse change in the market price of commodities, forecasted Terronera mine economics as of 2025, the mining products will be completed under management's expectations and achieve their stated production outcomes, 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, other factors may 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 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.


FAQ

When will Endeavour Silver's Terronera mine (EXK) begin wet commissioning?

Terronera mine's wet commissioning is scheduled to begin in early Q2 2025.

How much concentrate has the Terronera Project (EXK) produced in its first batch?

The initial commissioning has produced over two tonnes of concentrate.

What is the current ore stockpile size at Endeavour's Terronera mine (EXK)?

The surface run-of-mine and crushed ore stockpiles have reached 40,000 tonnes.

What are the major construction milestones completed at EXK's Terronera Project?

Key completions include crushing/grinding circuits operation, tailing filter assembly, full-height storage facility, and first production stope mining.
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