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BRIEF-Endeavour Silver Produces 948,547 Oz Silver And 9,716 Oz Gold In The Q3, 2019 Provides Development And Exploration Project Updates

Published 2019-10-09, 07:08 a/m
BRIEF-Endeavour Silver Produces 948,547 Oz Silver And 9,716 Oz Gold In The Q3, 2019 Provides Development And Exploration Project Updates
EDR
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Oct 9 (Reuters) - Endeavour Silver Corp EDR.TO :

* ENDEAVOUR SILVER PRODUCES 948,547 OZ SILVER AND 9,716 OZ GOLD (1.7 MILLION OZ SILVER EQUIVALENTS) IN THE THIRD QUARTER, 2019; PROVIDES DEVELOPMENT AND EXPLORATION PROJECT UPDATES

* ENDEAVOUR SILVER CORP - SILVER PRODUCTION IN Q3, 2019 WAS 948,547 OUNCES AND GOLD PRODUCTION WAS 9,716 OZ

* ENDEAVOUR SILVER - EXPECT LOWER OPERATING COSTS IN Q3

* ENDEAVOUR SILVER CORP - SILVER EQUIVALENT PRODUCTION OF 1.7 MILLION OZ AT AN 80:1 SILVER-GOLD RATIO IN Q3

* ENDEAVOUR SILVER SAYS EXPLORATION PROGRAMS CONTINUE TO GENERATE POSITIVE BROWNFIELDS RESULTS & PLAN TO DRILL 2 GREENFIELDS PROJECTS IN CHILE IN Q4

* ENDEAVOUR SILVER CORP - EXPECT LOWER OPERATING COSTS IN Q3 & FURTHER IMPROVEMENTS OF GUANACEVI AND BOLANITOS TONNES AND GRADES IN Q4

* ENDEAVOUR SILVER - COMPANY-WIDE REVIEW OF FOUR MINES AT END OF Q1, 2019 IDENTIFIED SEVERAL DEFICIENCIES IN OPERATING PERFORMANCE AT EACH MINE-SITE

* ENDEAVOUR - MANAGEMENT INITIATED MULTIPLE MEASURES IN Q2 & Q3 REVISING 2019 MINE PLANS FOR ALL 4 MINES AND REDUCING WORK FORCE DUE TO CO-WIDE REVIEW

* ENDEAVOUR SILVER - Q3 PRODUCTION LOWER THAN Q2 PRODUCTION AS MANY OPERATIONAL CHANGES TOOK LONGER TO IMPLEMENT

* ENDEAVOUR SILVER - MANAGEMENT SEES Q3 OPERATING COSTS LOWER THAN Q2, DUE TO COST REDUCTIONS

* ENDEAVOUR SILVER - BOLANITOS & GUANACEVI Q4 SILVER EQUIVALENT PRODUCTION, TONNES AND GRADES SHOULD INCREASE TOWARDS PLAN DUE TO OPERATIONAL CHANGES

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