Monday, June 15, 2015 8:04:04 AM
VANCOUVER, BC--(Marketwired - June 15, 2015) - Endeavour Silver Corp. (TSX: EDR) (NYSE: EXK) announces that the 1,000 tonne per day (tpd) ball mill at the 1,600 tpd Bolañitos mine was repaired earlier than expected and plant operations returned to normal last Friday, June 12. No material impact on production is anticipated from the mill downtime as the mine continued to produce ore to the stockpile.
The outage will have a minor impact on forecast production in the second quarter from the El Cubo mine, located in the same district of Guanajuato as Bolañitos, because El Cubo is currently in the middle of a mine expansion from 1,500 tpd to 2,200 tpd. The additional mine tonnes were planned to be trucked for processing to the Bolañitos plant to take advantage of its available capacity. Instead, these additional El Cubo tonnes during the mill downtime were stockpiled for processing in the third quarter.
The El Cubo mine expansion is well under way and a second mining contractor commenced work last Friday, June 12 to help facilitate the mine expansion to 2,200 tpd. The El Cubo plant was optimized in the first quarter and is now operating well above its original design capacity of 1,500 tpd.
About Endeavour Silver - Endeavour Silver is a mid-tier silver mining company focused on growing production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted ten consecutive years of accretive growth of its silver mining operations. Endeavour's three silver-gold mines in Mexico combined with its strategic acquisition and exploration programs should facilitate Endeavour's goal to become a premier senior silver producer.
Fred & EntendanceInvestors Beach
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