(2.7 Million oz Silver Equivalent) in the Second Quarter, 2015

ccnm


VANCOUVER, BC
--(Marketwired - July 09, 2015) -
Endeavour Silver Corp.
(TSX: EDR)
(NYSE: EXK) posted steady silver production results in the Second Quarter, 2015 from the Company's three operating silver mines in Mexico: the Guanacevi mine in Durango State and the Bolanitos and El Cubo mines in Guanajuato State.
Silver production in the Second Quarter, 2015 was on plan for the year at 1,769,741 ounces (oz) and gold production was 13,047 oz, slightly below plan. Silver equivalent production was also on plan at 2.7 million oz using a 70:1 silver gold ratio.


Production Highlights for Second Quarter, 2015 (Compared to Second Quarter, 2014)



Silver production increased 6% to 1,769,741 oz
Gold production decreased 14% to 13,047 oz
Silver equivalent production decreased 2% to 2.7 million oz (at a 70:1 silver: gold ratio)
Silver oz sold up 8% to 1,912,595 oz
Gold oz sold down 6% to 13,797 oz
Bullion inventory at quarter-end included 187,954 oz silver and 399 oz gold
Concentrate inventory at quarter-end included 43,441 oz silver and 567 oz gold

Endeavour CEO Bradford Cooke commented, "Our main theme in operations during the second quarter was the El Cubo mine expansion to 2,200 tonnes per day (tpd) in order to continue driving cash and all-in sustaining costs down. I am pleased to say that El Cubo achieved its 2,200 tpd target as planned at the end of Q2, 2015 (see table below).
"I would like to congratulate our El Cubo operations management and workforce for not only delivering a 100% mine expansion in three quarters but also a 50% mine expansion in three months! While such a sharp increase in production will require some time to stabilize, we are confident this mine expansion is sustainable assuming reserves continue to grow."