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BRIEF-Endeavour sees FY17 gold production in 50,000-53,000 oz range

Published 2017-01-25, 07:12 a/m
© Reuters.  BRIEF-Endeavour sees FY17 gold production in 50,000-53,000 oz range
EDR
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Jan 25 (Reuters) - Endeavour Silver Corp EDR.TO :

* Endeavour Silver provides production and cost guidance for 2017

* Endeavour Silver Corp sees 2017 gold production is expected be in 50,000-53,000 oz range

* In 2017, Endeavour plans to invest $43.3 million on capital projects at three operating mines

* Endeavour Silver - management approved additional 2.5 km of development, budgeted at $7.1 million, to access 2 new ore bodies currently not in production

* Endeavour Silver Corp - silver production is expected to be in range of 5.2-5.7 million oz for FY

* Endeavour Silver-cash costs,net of gold by-product credits, expected to be $6.50-$7.50 per oz of silver produced in 2017, comparable to first 3 qtrs of 2016 Source text for Eikon: ID:nMKWdxfcCa Further company coverage: EDR.TO

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