Endeavour Silver’s Production Stays on Track, Celebrates Key Milestone in Expanding Terronera Project’Endeavour Silver Reports Q2 2024 Production Results In Line with Expectations’
VANCOUVER, British ColumbiaJuly 09, 2024Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) announced robust second-quarter production results that are perfectly aligned with the company’s guidance. For Q2 2024, Endeavour achieved a production of 1,312,572 silver ounces (oz) and 10,549 gold ounces (oz), totaling a silver equivalent (AgEq) production of 2.2 million oz. This impressive performance brings the company’s year-to-date production to 4.4 million AgEq oz, tracking toward the upper range of its full-year 2024 production guidance of 8.1 to 8.8 million silver equivalent ounces.
Our second-quarter results showcase our operational efficiency and our unyielding commitment to meeting shareholder expectations, said Dan Dickson, CEO of Endeavour Silver. With half the year behind us, we’re confident that our team is on pace to meet our annual guidance.
Terronera Project Surpasses Critical Milestone’
In an April 2024 announcement, Endeavour Silver proudly disclosed that its new Terronera mine, located in Jalisco state, Mexico, surpassed the 50% construction completion mark. This milestone significantly advances Endeavour’s expansion efforts and underscores the company’s strategic focus on growth and long-term value creation.
The progress at Terronera is a testament to the skill and dedication of our construction teams, commented Dickson. Achieving over 50% completion is a remarkable feat that brings us one step closer to bringing this pivotal project online.
Q4 2023 Terronera Construction Update Reflects Steady Progress’
Further emphasizing its commitment to transparency and stakeholder engagement, Endeavour Silver shared a detailed Q4 2023 construction progress update on the Terronera Project in February 2024. The update, accompanied by a photo gallery presentation, offered stakeholders a visual and analytical overview of the project’s advancements.
The photo gallery, available here(https://www.globenewswire.com/Tracker’data=1oVQEzryFAfTImMQ7VkeGFeX6LOL6epCzM-Wlx7SSwuU1US5rhWGf67Q1wYymJHu-5gLehVj8bOWJOETSaYTFzsa9sDo6oK0EYfmBUn5u3wCHix8-plXGhztwdeDwSok4k_rkcmAlJ9MWBFcVsFyHjyOSuWkWW1a7JdfIDq43_s=), or on the Company’s website, highlights various phases of construction, from infrastructure to environmental sustainability measures.
Strategic Outlook’
Endeavour Silver’s recent performance and milestones in the Terronera project reflect the company’s strategic vision of operational excellence and growth. By staying on target with production and showcasing steadfast progress in new projects, Endeavour continues to reinforce its position as a significant player in the precious metals mining industry.
The future looks promising for Endeavour Silver, said Dickson. As we advance through 2024, our focus remains on hitting our production goals and ensuring the smooth, on-time completion of the Terronera mine.
With their continued operational success and strategic investments in expansion projects, Endeavour Silver positions itself to deliver sustained value to its shareholders.
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