Endeavour Silver Reports 53% Completion in Terronera Project Construction for Q1 2024

VANCOUVER, British Columbia, April 23, 2024 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (Endeavour or the Company) NYSE:EXK TSX:EDR, a mid-tier precious metals mining company, has announced a significant milestone in their ongoing development efforts with the Terronera Project in Jalisco state, Mexico. As of the first quarter of 2024, the company is pleased to report that the construction progress at the Terronera Project has achieved 53% completion. This marks an important step towards bringing the new silver mine into production.

Construction Achievements and Future Plans

The Terronera Project, representing one of Endeavour's key strategic initiatives, has been progressing on schedule. With over half of the construction completed, the company outlined several accomplishments including major earthworks, initiation of structural foundations for the processing plant, and advancements in underground infrastructure. Endeavour Silver's management expresses confidence in the project's continued progress and reiterates its commitment to meet the target production date. Future updates on the Terronera Project will continue to inform shareholders of the ongoing developments.

Investment and Project Financing

An integral aspect of the construction progress stems from the company's robust investment and financing strategy. Endeavour Silver has dedicated significant capital towards the Terronera Project, ensuring the necessary resources for completion. Investment enthusiasts and potential investors are closely monitoring the developments as the Terronera mine is projected to have a substantial impact on Endeavour's silver production capacity and financial performance once operational. The company remains focused on securing the remaining capital needed to fully fund the project as it advances towards the production phase.

Vancouver, Construction, Mining