Endeavour Silver Announces Commercial Production at Terronera
Endeavour Silver (NYSE: EXK) declared commercial production at the Terronera mine in Jalisco, Mexico, effective October 1, 2025.
During commissioning Terronera consistently exceeded 90% of its 2,000 tpd nameplate capacity and achieved at least 90% of projected metal recoveries, operating 100 days since July 1, 2025 with eight downtime days. The company forecasts ~360,000 tonnes throughput over the next six months with average grades of 122 g/t Ag and 2.52 g/t Au. Management plans to publish annualized 2026 production and cost guidance in January 2026.
Endeavour Silver (NYSE: EXK) ha dichiarato produzione commerciale presso la miniera Terronera a Jalisco, Messico, con effetto dal 1 ottobre 2025.
Durante la messa in servizio, Terronera ha costantemente superato il 90% della capacità nominale di 2.000 tpd e ha raggiunto almeno il 90% delle recuperi di metallo previste, operando da 100 giorni dal 1 luglio 2025 con otto giorni di inattività. L’azienda prevede un throughput di circa 360.000 tonnellate nei prossimi sei mesi con contenuti medi di 122 g/t Ag e 2,52 g/t Au. La direzione prevede di pubblicare le previsioni annualizzate di produzione e costi per il 2026 nel gennaio 2026.
Endeavour Silver (NYSE: EXK) anunció la producción comercial en la mina Terronera en Jalisco, México, con efecto a partir del 1 de octubre de 2025.
Durante la puesta en marcha, Terronera superó constantemente el 90% de su capacidad nominal de 2.000 tpd y logró al menos el 90% de las recuperaciones de metal proyectadas, operando 100 días desde el 1 de julio de 2025 con ocho días de inactividad. La empresa pronostica aproximadamente 360,000 toneladas de rendimiento en los próximos seis meses, con contenidos promedio de 122 g/t Ag y 2,52 g/t Au. La dirección tiene previsto publicar las proyecciones anuales de producción y costos para 2026 en enero de 2026.
Endeavour Silver (NYSE: EXK)가 Terronera 광산의 상업 생산을 선언했습니다. 위치는 멕시코 자스키오주 Terronera 광산이며, 시행일은 2025년 10월 1일입니다.
시운전 기간 동안 Terronera는 일일 2,000 tpd의 명목 용량의 90%를 지속적으로 초과했고, 예상 금속 회수의 최소 90%를 달성했으며, 2025년 7월 1일부터 100일간 가동했고 8일의 가동 중단이 있었습니다. 회사는 향후 6개월 동안 약 360,000톤의 처리량과 122 g/t Ag, 2.52 g/t Au의 평균 품위를 예측합니다. 경영진은 2026년 1월에 2026년 연간 생산 및 비용 가이던스를 발표할 계획입니다.
Endeavour Silver (NYSE: EXK) a déclaré production commerciale à la mine Terronera à Jalisco, Mexique, à compter du 1er octobre 2025.
Pendant la mise en service, Terronera a constamment dépassé 90% de sa capacité nominale de 2 000 tpd et atteint au moins 90% des rétours de métal projetés, opérant 100 jours depuis le 1er juillet 2025 avec huit jours d’arrêt. La société prévoit un débit d’environ 360 000 tonnes au cours des six prochains mois, avec des teneurs moyennes de 122 g/t Ag et 2,52 g/t Au. La direction prévoit de publier les prévisions annuelles de production et de coûts pour 2026 en janvier 2026.
Endeavour Silver (NYSE: EXK) meldete kommerzielle Produktion in der Terronera-Mine in Jalisco, Mexiko, mit Wirkung zum 1. Oktober 2025.
Während der Inbetriebnahme übertraf Terronera konstant 90% seiner Nennkapazität von 2.000 tpd und erreichte mindestens 90% der prognostizierten Metallrückgewinne, betreibend 100 Tage seit dem 1. Juli 2025 mit acht Stillstandstagen. Das Unternehmen prognostiziert in den nächsten sechs Monaten einen Durchsatz von ca. 360.000 Tonnen bei durchschnittlichen Gehalten von 122 g/t Ag und 2,52 g/t Au. Die Geschäftsführung plant, im Januar 2026 die annualisierte Produktion und Kostenführung für 2026 zu veröffentlichen.
Endeavour Silver (NYSE: EXK) أعلنت عن الإنتاج التجاري في منجم Terronera في خاليسكو، المكسيك، اعتبارًا من 1 أكتوبر 2025.
خلال فترة التشغيل التجريبي، تفوقت Terronera باستمرار على 90% من القدرة الاسمية البالغة 2000 طن/يوم وحققت على الأقل 90% من معدلات استرداد المعدن المتوقعة، مع تشغيل لمدة 100 يوم منذ 1 يوليو 2025 وبوجود ثمانية أيام تعطل. تتوقع الشركة تدفقاً بحجم نحو 360,000 طن خلال الستة أشهر المقبلة مع معدلات نقاوة متوسطة قدرها 122 g/t Ag و 2.52 g/t Au. ستنشر الإدارة توجيهات الإنتاج والتكاليف لعام 2026 بشكل سنوي في يناير 2026.
Endeavour Silver (NYSE: EXK) 宣布 Terronera 矿在墨西哥哈利斯科州进入
在调试阶段，Terronera 持续超过其 2000 吨/日 名义产能的 90%，达到至少 预测金属回收率的90%，自2025年7月1日起运行 100天，有 8天停机。公司预测在未来六个月内的处理量约为 360,000 吨，平均品位为 122 g/t Ag 和 2.52 g/t Au。管理层计划在 2026年1月公布 2026 年的年度生产与成本指引。
- Declared commercial production effective Oct 1, 2025
- Sustained >90% of 2,000 tpd nameplate capacity
- Achieved ≥90% of projected metal recoveries
- Forecast 360,000 tonnes next six months
- Average forecast grades: 122 g/t Ag, 2.52 g/t Au
- Operating period included 8 downtime days since July 1, 2025
- Annualized 2026 production and cost guidance not available until Jan 2026
- Higher grade zones not scheduled to be accessed until mid-2026
Insights
Terronera reached commercial production on
Endeavour achieved sustained operational performance through commissioning, consistently exceeding
Key dependencies and risks include maintaining the current throughput and recovery rates as mining moves into different zones and the planned access to higher grade zones by
VANCOUVER, British Columbia, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. ("Endeavour" or the "Company") (NYSE: EXK; TSX: EDR) is pleased to announce it has achieved commercial production at the Terronera mine (“Terronera”) located in Jalisco state, Mexico, effective October 1, 2025.
The declaration of commercial production at Terronera comes after a successful commissioning phase during which both mining and processing operations were ramped up to consistently exceed an average of
Terronera has demonstrated remarkable progress, operating for 100 days since July 1, 2025, with eight days of downtime, and has sustained strong metal recoveries since mid-August. This achievement marks an important milestone that positions Endeavour for continued growth and long-term success.
"Bringing Terronera into commercial production marks a huge milestone for Endeavour Silver and represents a truly transformational moment in our Company's history," said Dan Dickson, Chief Executive Officer. "This achievement not only reinforces our commitment to sustainable growth but also positions Endeavour as a leading mid-tier silver producer with a solid foundation for future expansion.”
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 scheduled to be accessed by mid-2026, which is expected to further enhance production. Management plans to issue annualized 2026 production and cost guidance for the Terronera mine in January 2026.
Stakeholders are invited to take a closer look at Terronera and the work the team has accomplished. To gain further insight, please watch this short video of the mine here.1
About Endeavour Silver: Endeavour is a mid-tier silver producer with four operating mines in Mexico and Peru and a robust pipeline of exploration projects across Mexico, Chile, and the United States. With a proven track record of discovery, development, and responsible mining, Endeavour is driving organic growth and creating lasting value on its path to becoming a leading senior silver producer.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Don Gray, SME-RM, Chief Operating Officer, a Qualified Person as defined under NI 43-101.
Contact Information
Allison Pettit
Vice President, Investor Relations
Tel: (604) 640 4804
Email: apettit@edrsilver.com
Website: www.edrsilver.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking statements and information herein include but are not limited to statements regardinga new chapter of growth for Endeavour, employees and the surrounding community; expected annual production at Terronera; Endeavour’s vision of becoming a senior silver producer; the creation of jobs, investment and development initiatives in the region; Endeavour’s growth and future expansion; forecasts of Endeavour’s production levels and mine grades; Endeavour’s future production and cost guidance announcements for the Terronera mine and the timing and results of various activities. The Company does not intend to and does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, production levels, performance or achievements of Endeavour and its operations to be materially different from those expressed or implied by such statements. Such factors include but are not limited to unexpected changes in production and costs guidance; the ongoing effects of inflation and supply chain issues on Terronera’s economics; changes in national and local governments’ legislation, taxation, controls, regulations and political or economic developments in Canada, Chile, the USA, Mexico and Peru; financial risks due to precious metals prices; operating or technical difficulties in mineral exploration, development and mining activities; risks and hazards of mineral exploration, development and mining (including, but not limited to environmental hazards, industrial accidents, unusual or unexpected geological conditions, pressures, cave-ins and flooding); inadequate insurance, or inability to obtain insurance; availability of and costs associated with mining inputs and labour; the speculative nature of mineral exploration and development; diminishing quantities or grades of mineral reserves as properties are mined; risks in obtaining necessary licenses and permits; fluctuations in the prices of silver and gold; fluctuations in currency markets (particularly the Mexican peso, Peruvian sol, Chilean peso, Canadian dollar and U.S. dollar); and challenges to the Company’s title to properties; as well as those factors described in the section “Risk Factors” contained in the Company’s most recent form 40F/Annual Information Form and the Prospectus Supplement Dated April 3, 2025 filed with the S.E.C. and Canadian securities regulatory authorities.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the continued operation of the Company’s mining operations, no material adverse change in the market price of commodities, forecasted mine economics, mining operations will operate and the mining products will be completed in accordance with management’s expectations and achieve their stated production outcomes, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.
1 Silver equivalent grades for Terronera are based on a 78:9474 silver:gold ratio and calculated using only silver and gold.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9e485b29-6bdf-4eb2-b416-638c835ad5ca
FAQ
What did Endeavour Silver (EXK) announce on October 16, 2025 about Terronera?
How much throughput does EXK forecast for Terronera over the next six months?
What average grades did Endeavour report for Terronera (EXK)?
How close to capacity has Terronera been operating according to EXK?
When will Endeavour (EXK) publish 2026 production and cost guidance for Terronera?
When will higher grade zones at Terronera be accessed according to EXK?
