VANCOUVER, British Columbia, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) announces its financial and operating results for the three and nine months ended September 30, 2025. All dollar amounts are in US dollars ($). “Endeavour Silver delivered a strong third quarter, highlighted by a significant increase in production and robust revenue growth,” commented Dan Dickson, Chief Executive Officer. “With silver equivalent production up 88% year-ov ...

Core Viewpoint - Endeavour Silver Corp. has achieved commercial production at the Terronera mine in Jalisco, Mexico, effective October 1, 2025, marking a significant milestone for the company [1][4]. Production and Operations - The Terronera mine has successfully ramped up operations, consistently exceeding 90% of its designed capacity of 2,000 tonnes per day and achieving at least 90% of projected metal recoveries during the commissioning phase [2]. - Since July 1, 2025, the mine has operated for 100 days with only eight days of downtime, demonstrating strong metal recoveries since mid-August [3]. Future Outlook - The company forecasts throughput of approximately 360,000 tonnes over the next six months, with average grades estimated at 122 g/t silver and 2.52 g/t gold. Higher grade zones are expected to be accessed by mid-2026, which will likely enhance production further [6]. - Annualized production and cost guidance for the Terronera mine is planned to be issued in January 2026 [6]. Company Profile - Endeavour Silver is a mid-tier silver producer with four operating mines in Mexico and Peru, along with a robust pipeline of exploration projects across Mexico, Chile, and the United States. The company aims to drive organic growth and create lasting value on its path to becoming a leading senior silver producer [8].

Core Viewpoint - Endeavour Silver Corp. reported strong production results for Q3 2025, with significant increases in silver production and a positive outlook for future growth as operations at the Terronera mine approach commercial production [1][2][3]. Q3 2025 Production Overview - Consolidated silver production reached 1,766,926 ounces, a 102% increase compared to Q3 2024, driven by the addition of the Kolpa mine and improved grades at Bolañitos [3][9]. - Gold production was 7,286 ounces, a 22% decrease from Q3 2024, primarily due to lower output at the Bolañitos mine [3][9]. - Silver equivalent production totaled 3.0 million ounces, reflecting a strong operational performance across the portfolio [1][9]. Mine Operations - Guanaceví's throughput increased by 48% compared to Q3 2024, despite lower silver and gold grades, resulting in a 33% increase in silver production and a 13% increase in gold production [4][11]. - Bolañitos experienced a 3% decrease in mill throughput, with silver grades 39% higher but gold grades 32% lower compared to the previous year [5][11]. - Kolpa processed 195,752 tonnes, producing 598,689 ounces of silver, contributing to a silver equivalent production of 1,286,139 ounces [6][11]. Financial and Sales Highlights - In Q3 2025, the company sold 1,762,484 silver ounces and 7,478 gold ounces, with inventories of 207,512 silver ounces and 600 gold ounces at the end of the quarter [8][9]. - For the nine months ended September 30, 2025, silver production totaled 4,456,455 ounces, a 22% increase from the same period in 2024 [10][12]. Terronera Update - The Terronera mine is nearing commercial production, achieving average recoveries of 82.8% for silver and 72.3% for gold in September [8][17]. - Operations faced temporary disruptions due to electrical issues but resumed successfully, with ongoing monitoring as the company approaches commercial production [18][19]. Company Overview - Endeavour Silver is a mid-tier precious metals company focused on sustainable mining practices, with operations in Mexico and Peru, and aims to become a premier senior silver producer [20].

Core Insights - Endeavour Silver Corp. announced positive drill results from its exploration program at the Kolpa Mine in Peru, highlighting the geological potential of the area for mineralization [1][6][12] Exploration and Geological Insights - The Kolpa Mine is characterized by sub-vertical geological structures formed by the Andean Orogeny, creating significant vein systems that guide mineralization [1] - Structural pairing has been identified, enhancing the potential for mineral discovery across neighboring vein sets [2] Drilling Activities and Results - Drilling in Corridor 3 focused on the Poderosa West and Caudalosa Chica veins, with significant mineralization identified [3][4] - The Poderosa West vein has been mapped for approximately 2.5 kilometers, with 14 drill holes totaling 2,343 meters completed, intersecting significant mineralization zones [3][5] - Key drill results include: - Hole DDH-H1-25-88: 247 grams per tonne (gpt) Ag, 0.77% Pb, 10.70% Zn, and 0.55% Cu over 8.20 meters estimated true width [8] - Hole DDH-H1-25-92: 266 gpt Ag, 1.34% Pb, 4.73% Zn, and 0.23% Cu over 5.15 meters estimated true width [8] Future Plans - Management is evaluating surface exploration and recent drill results to design a systematic exploration program at the Kolpa Mine [5] - Ongoing underground development at Poderosa West will facilitate access for new underground drill stations, with drilling activity scheduled to resume in late Q4 2025 [5][6] Company Overview - Endeavour Silver is a mid-tier precious metals company committed to sustainable mining practices, with operations in Mexico and Peru, and aims to become a premier senior silver producer [14]

Company Overview - Endeavor Bancorp is the holding company for Endeavor Bank, primarily focused on serving Southern California businesses and their owners with local decision-making and relationships [5][6] - The bank is headquartered in downtown San Diego and operates additional offices in Carlsbad and La Mesa, with production teams throughout Southern California [6] Recent Financial Performance - For Q2 2025, Endeavor Bancorp reported a net income of $1.07 million, or $0.25 per diluted share, a decrease from $1.36 million, or $0.32 per diluted share in Q1 2025, but an increase from $760,000, or $0.18 per diluted share in Q2 2024 [9] - The net interest margin increased to 4.21% in Q2 2025, up nine basis points from Q1 2025 and 51 basis points from Q2 2024 [9] - Total assets rose by $42.3 million, or 6.0%, to $746.9 million at June 30, 2025, compared to $704.6 million at March 31, 2025, and increased by $153.1 million, or 25.8%, year-over-year [9] - Total loans outstanding increased by $28.1 million, or 4.7%, to $625.9 million at June 30, 2025, and rose by $142.5 million, or 29.5%, compared to the previous year [9] - Total deposits increased by $41.2 million, or 6.6%, to $667.4 million at June 30, 2025, and grew by $149.2 million, or 28.8%, year-over-year [9] Upcoming Events - Steven Sefton, President, and Julie Glance, CFO, will present at the Financial Services Virtual Investor Conference on September 25, 2025, at 12:30 pm EDT [1][2] - The event will allow real-time questions from investors, with an archived webcast available for those unable to attend live [2][3] Ratings and Recognition - Endeavor Bank has received a Five-Star "Superior" rating from Bauer Financial for strong financial performance, the highest rating from the independent bank rating firm [7] - DepositAccounts.com has awarded Endeavor Bank an A rating [7]

Core Insights - Mining stocks are leading gainers on the TSX as gold prices reach new highs, indicating a strong investor sentiment towards a commodity supercycle [3][4]. Group 1: Top Gainers - Generation Mining Limited (TSX: GENM) is trading at 0.445, gaining 0.07, which is an increase of 18.67% on a volume of 663,945 [4]. - Uranium Royalty Corp. (TSX: URC) is trading at 6.035, up 0.90, reflecting a gain of 17.41% on a volume of 464,088 [4]. - Future Mineral Resources Inc. (TSX: FMR) is trading at 0.40, up 0.05, marking a gain of 14.29% on a volume of 15,470 [4]. - Endeavour Silver Corp. (TSX: EDR) is trading at $10.545, up 1.22, which is a gain of 13.02% on a volume of 991,426 [4]. Group 2: Industry Context - The current performance of mining stocks is attributed to rising gold prices, which are driving investor interest and confidence in the mining sector [3]. - The overall market sentiment suggests a potential long-term trend towards a commodity supercycle, which could benefit mining companies significantly [3]. Group 3: Additional Resources - Investorideas.com offers a podcast titled "Exploring Mining" that features the latest news and interviews with industry experts, providing further insights into mining stocks [6]. - The platform also provides a free mining stocks directory and stock news alerts, which can be beneficial for investors looking to stay informed [6].

Core Viewpoint - Endeavour Silver Corp. reported strong financial and operational results for Q2 2025, showcasing increased silver equivalent production, significant revenue growth, and successful integration of Minera Kolpa into its operations [2][3]. Financial Overview - Silver ounces produced in Q2 2025 reached 1,483,736, a 13% increase from 1,312,572 ounces in Q2 2024. However, gold production decreased by 26% to 7,755 ounces [5][6]. - Revenue from operations was $85.3 million, a 46% increase compared to $58.3 million in Q2 2024, driven by higher sales volumes and realized prices [6][7]. - Mine operating cash flow before working capital changes was $22.9 million, up 21% from $18.9 million in Q2 2024 [6][11]. - The company ended Q2 2025 with a consolidated cash balance of $52.5 million [6]. Production Costs - Cash costs per silver ounce increased by 14% to $15.35 in Q2 2025, while all-in sustaining costs rose by 9% to $25.16 per ounce [5][10]. - Direct operating costs per tonne were $142.00, slightly higher than $140.36 in Q2 2024, influenced by maintenance and the addition of Kolpa [7][9]. Acquisition and Growth - The acquisition of Minera Kolpa was completed on May 1, 2025, which included a $50 million equity financing to fund the cash component of the acquisition [6][12]. - The Terronera project is nearing commercial production, with increased throughput rates reported at the end of July 2025 [6][12]. Earnings and Losses - The company reported a net loss of $20.5 million for Q2 2025, compared to a net loss of $14.0 million in Q2 2024, primarily due to operating losses from the Terronera project [15][13]. - Adjusted net loss was $9.2 million, significantly higher than the adjusted net loss of $1.0 million in Q2 2024 [15][28]. Management Update - Allison Pettit has been promoted to Vice President of Investor Relations, effective August 1, 2025, to enhance the company's investor relations and communications strategies [19][20].

Core Insights - Endeavour Silver Corp. reports steady progress at its Terronera mine in Jalisco, Mexico, with significant improvements in milling rates and recovery percentages for silver and gold [1][4]. Production and Operations - In July, a total of 57,080 tonnes were milled at the Terronera mine, averaging 1,841 tonnes per day (tpd), with current milling rates now between 1,900 and 2,000 tpd [2]. - Silver and gold recoveries since July 16 have averaged 71% and 67%, respectively, while processing lower-grade material [2]. - Higher-grade material is scheduled for processing soon, which is expected to enhance recoveries directly [3]. Management Commentary - The Chief Operating Officer expressed satisfaction with the startup progress, highlighting the team's ownership and management of early challenges [4]. - The focus is on implementing a business readiness plan to ensure successful operations of Endeavour's next core asset [4]. Company Overview - Endeavour Silver is a mid-tier precious metals company committed to sustainable mining practices, with operations in Mexico and Peru, and aims to become a premier senior silver producer [5].

Core Viewpoint - Endeavour Silver Corp. has entered into a sales agreement to raise up to US$60 million through the sale of common shares over approximately 24 months, utilizing various financial agents for the offering [1][2]. Group 1: Offering Details - The offering will be conducted via a prospectus supplement to the existing U.S. registration statement and Canadian short form base shelf prospectus, both dated May 27, 2025 [2]. - The common shares will be sold at market prices prevailing at the time of each sale, with no sales occurring on the Toronto Stock Exchange [1][2]. - The company will pay the agents a compensation of 2.00% of the gross sales price per common share sold under the sales agreement [4]. Group 2: Use of Proceeds - Net proceeds from the offering will be used to advance the evaluation and development of the Pitarrilla and Parral properties, fund cash requirements during the ramp-up of operations at the Terronera project, assess potential acquisition opportunities, continue exploration at existing properties, and support working capital needs [3]. Group 3: Company Overview - Endeavour Silver is a mid-tier precious metals company focused on sustainable mining practices, with operations in Mexico and Peru, and aims to become a premier senior silver producer [6].

Core Viewpoint - Endeavour Silver Corp. reported strong production results for Q2 2025, with a total silver equivalent production of 2.5 million ounces, driven by the integration of the Kolpa operation and steady progress at the Terronera project [1][2][3]. Q2 2025 Production Overview - Consolidated silver production reached 1,483,736 ounces, a 13% increase compared to Q1 2024, attributed to the addition of the Kolpa operation [3][9]. - Consolidated gold production was 7,755 ounces, reflecting a 26% decrease from Q2 2024, primarily due to lower output from the Bolañitos and Guanaceví mines [3][9]. - The Kolpa operation processed 118,896 tonnes of material with a silver grade of 111 grams per tonne, contributing positively to the overall production [6][12]. Mine Operations - Guanaceví mine's throughput was 14% lower than Q2 2024, with silver and gold grades down by 1%, leading to a 17% decrease in silver output and a 16% decrease in gold output [4]. - Bolañitos mine experienced a 17% reduction in throughput compared to Q2 2024, with silver production down by 10% and gold production down by 34% [5]. - The integration of Kolpa is progressing well, with production aligning with management's expectations and contributing to the company's long-term growth strategy [6][8]. Terronera Project Update - The Terronera project is advancing towards commercial production, with daily production averaging 1,400 tonnes per day in late June [8][13]. - The plant has shifted focus to refining operations and processing higher-grade ore to achieve planned metal recoveries [14]. Financial Performance - In Q2 2025, the company sold 1,477,197 silver ounces and 7,706 gold ounces, with significant bullion and concentrate inventories held at the end of the quarter [8][9]. - The company anticipates releasing its Q2 2025 financial results on August 13, 2025, followed by a conference call to discuss the results [18].