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Endeavour Silver produces 9 million silver equivalent ounces in 2022, exceeds guidance

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(Kitco News) - Endeavour Silver (NYSE: EXK; TSX: EDR) today reported full year 2022 production of 5,963,445 silver ounces and 37,548 gold ounces, for silver equivalent production of 9.0 million ounces.

The company said that its 2022 full year production exceeded the upper range of its guidance of between 7.6 million and 8.0 million silver equivalent ounces (revised upwards in August) due to continuing strong performance at Guanacevi.

Annual silver and gold production exceeded the upper range of guidance by 17% and 4% respectively, it added.

“We are very pleased to have exceeded the top end of the 2022 production guidance, with full year silver equivalent production improving by 9% year over year and fourth quarter silver equivalent production up 21% over the prior year period. Fourth quarter throughput and grades at Guanaceví exceeded plan, contributing to the significant out-performance of the Guanaceví operations during 2022,” said CEO Dan Dickson.

Endeavour is a mid-tier precious metals mining company that operates two high-grade underground silver-gold mines in Mexico. Endeavour is currently advancing the Terronera mine project towards a development decision, pending financing and final permits and exploring its portfolio of exploration and development projects in Mexico, Chile and the United States to facilitate its goal to become a premier senior silver producer.


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