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GlobeNewswire

VANCOUVER, British Columbia, April 26, 2022 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) is joyful to tale certain drill outcomes from its ongoing exploration program at its Parral project within the Teach of Chihuahua, Mexico. Since early December, the Firm has drilled over 4,300 metres in 21 holes focusing on plenty of areas along the Veta Colorada construction. 

Highlights from Recent Drill Outcomes

  • 392 gpt Ag, 0.02 gpt Au, 0.035% Cu, 0.63% Pb and 2.06% Zn for 488 gpt AgEq over a 3.27 m ETW, at the side of 1,895 gpt Ag, 0.05 gpt Au, 0.156% Cu, 3.7% Pb and 6.98% Zn for 2,234 gpt AgEq over 0.17 m (VCU-67)
  • 513 gpt Ag, 0.07 gpt Au, 0.111% Cu, , 1.99% Pb and 1.69% Zn for 644 gpt AgEq over a 1.96 m ETW, at the side of 1,160 gpt Ag, 0.21 gpt Au, 0.231% Cu, 2.71% Pb and 4.63% Zn for 1,439 gpt AgEq over 0.39 m (VCU-69)

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Abbreviations encompass: gpt: grams per tonne; Au: gold; Ag: silver; Cu: copper; Pb: lead; Zn: zinc; ETW: estimated fine width; m: metre; HW: striking wall. Silver equivalents are calculated at a ratio of 80:1 silver:gold, silver impress of $23 per troy ounce, copper impress of $3.45 per pound, lead impress of $0.90 per pound and zinc impress of $1.20 per pound.

“These outcomes lengthen our self belief that we’re on the fine route in opposition to attaining the estimated mineral handy resource inappropriate considerable to attain the Parral project,” commented Dan Dickson, Chief Executive Officer. “We await making ready a preliminary economic overview initiating slack this twelve months.”

Historical previous of the Property

The Parral project, which change into once obtained by Endeavour Silver in 2016, is in Hidalgo de Parral, an attractive historic silver mining district adjacent to the city of Parral, within the Teach of Chihuahua, Mexico. Traditional, excessive-grade silver, epithermal vein deposits are original within the project district. The three,432-hectare property is on the market by paved and gravel roads and has web entry to to the native strength grid.

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Veta Colorada (at the side of the Sierra Plata and El Verde mines) change into once a previous producing mining operation owned by Grupo Mexico that closed in 1991 due to low silver prices. Mineralization, which happens in a foremost silver vein construction that ranges from 1 to 30 metres thick, change into once mined seven stages all of the style down to 300-metre depths under surface in places and change into once traced for seven kilometres.

NI43-101 Technical File

The Firm filed a NI 43-101 technical tale on the Parral project, Teach of Chihuahua, Mexico on March 14, 2020. As of December 31, 2019, Parral had estimated indicated mineral resources of 613,000 tonnes, containing 4.0 million oz of silver grading 207 g/t, 6,800 oz of gold grading 0.35 g/t, 17.5 million kilos of lead grading 0.63%, and 16.5 million kilos of zinc grading 0.61%. Inferred mineral resources are estimated to total 4.04 million tonnes containing 35.0 million oz of silver grading 269 g/t, 62,800 oz of gold grading 0.48 g/t, 65.0 million kilos of lead grading 0.35% and 64.3 million kilos of zinc grading 0.35%.

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Latest Drill Outcomes

The Parral drill outcomes are summarized within the following tables:

Parral – Veta Colorada Sierra Plata Deep (see Veta Colorada (Sierra Plata) longitudinal share)

Hole Construction From To Core
Dimension
Factual
Width
Au Ag Cu Pb Zn AgEq
(m) (m) (m) (m) (gpt) (gpt) (%) (%) (%) (gpt)
VCU-59 Veta Colorada 87.55 88.70 1.15 0.98 0.03 169 0.016 3.87 2.26 358
Along with 88.40 88.70 0.30 0.25 0.09 359 0.025 11.25 6.70 911
VCU-60 Veta Colorada 129.25 134.70 5.45 3.24 0.03 194 0.009 0.13 0.19 207
Along with 133.35 134.10 0.75 0.45 0.03 233 0.013 0.29 0.23 252
VCU-61 Veta Colorada 118.80 128.30 9.50 5.91 0.02 218 0.047 0.60 1.08 278
Along with 124.65 125.30 0.65 0.40 0.01 494 0.167 1.67 2.53 647
VCU-62 Veta Colorada 84.00 86.75 2.75 2.31 0.01 314 0.044 0.67 0.29 348
Along with 84.00 84.85 0.85 0.71 0.01 438 0.063 1.04 0.43 488
VCU-63 Veta Colorada 89.80 92.35 2.55 1.92 0.05 203 0.012 0.25 0 226
Along with 91.10 91.70 0.60 0.45 0.04 232 0.012 0.27 0 258
VCU-64 Veta Colorada 68.30 69.85 1.55 1.49 0.01 183 0.016 0.35 0.47 212
Along with 68.30 69.20 0.90 0.87 0.01 254 0.013 0.41 0.37 281
VCU-65 Veta Colorada 82.80 84.20 1.40 1.13 0.02 439 0.233 0.56 0.13 484
Along with 82.80 83.65 0.85 0.69 0.02 683 0.375 0.83 0.10 749
VCU-67 Veta Colorada 144.00 149.70 5.70 3.27 0.02 392 0.035 0.63 2.06 488
Along with 144.00 144.30 0.30 0.17 0.05 1,865 0.156 3.70 6.98 2,234
VCU-68 Veta Colorada 133.50 136.30 2.80 1.07 0.01 74 0.019 2.06 0.70 158
Along with 135.45 136.30 0.85 0.33 0.02 164 0.024 0.81 1.50 243

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Drill holes VCU-58 and VCU-66 returned no foremost outcomes

Parral – Veta Colorada El Verde (see Veta Colorada (El Verde) longitudinal share)

Hole Construction From To Core Dimension Factual Width Au Ag Cu Pb Zn AgEq
(m) (m) (m) (m) (gpt) (gpt) (%) (%) (%) (gpt)
VCU-69 Veta Colorada 207.35 210.15 2.80 1.96 0.07 513 0.111 1.99 1.69 644
Along with 209.60 210.15 0.55 0.39 0.21 1,160 0.231 2.71 4.63 1,439
VCU-71 Veta Colorada 144.80 149.05 4.25 4.23 0.14 331 0.074 2.76 2.16 502
Along with 147.00 147.45 0.45 0.45 0.17 1,420 0.169 3.08 5.39 1,726
VCU-72 Veta Colorada 156.05 158.00 1.95 1.84 0.04 178 0.018 0.95 1.03 245
Along with 157.60 158.00 0.40 0.38 0.11 182 0.043 1.93 3.05 356
VCU-73 Hw Veta Colorada 165.20 166.65 1.45 1.25 0.14 310 0.082 1.81 1.96 448
Along with 165.20 165.75 0.55 0.47 0.23 354 0.172 4.33 4.63 672
Veta Colorada 172.05 176.10 4.05 3.49 0.09 395 0.139 2.76 2.66 585
Along with 172.05 172.50 0.45 0.39 0.02 2,110 0.015 0.62 0.12 2135
VCU-74 Veta Colorada 267.45 269.60 2.15 1.17 0.02 289 0.124 2.99 2.65 479
Along with 267.45 268.25 0.80 0.44 0.02 623 0.237 5.96 4.74 979
VCU-75 Hw Veta Colorada 270.30 272.50 2.20 1.18 0.06 191 0.058 0.84 1.63 283
Along with 270.85 271.25 0.40 0.21 0.08 777 0.157 2.06 3.16 968
VCU-77 Hw Veta Colorada 234.00 236.90 2.90 2.29 0.01 129 0.013 1.21 0.44 179
Along with 236.45 236.90 0.45 0.35 0.03 240 0.065 3.46 1.92 410
Veta Colorada 238.20 241.35 3.15 2.48 0.12 532 0.285 3.07 3.06 763
Along with 241.00 241.35 0.35 0.28 0.10 1,070 0.142 3.25 1.40 1,230

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Drill holes VCU-70 and VCU-76 returned no foremost outcomes

Parral – Veta Colorada San Joaquin (see Veta Colorada (San Joaquin) longitudinal share)

Hole Construction From To Core Dimension Factual
Width
Au Ag Cu Pb Zn AgEq
(m) (m) (m) (m) (gpt) (gpt) (%) (%) (%) (gpt)
VCS-33 Veta Colorada 290.75 293.15 2.40 2.09 0.61 55 0.132 2.99 3.51 323
Along with 292.60 293.15 0.55 0.48 0.49 75 0.072 5.78 4.66 444

Notes to Tables

1.  Silver equivalents are calculated the command of the system:

[Au (gpt) X 80] + Ag (gpt) + [Cu (%) X 2204.6 X Cu Price / Ag Price X 31.1] + [Pb (%) X 2204.6 X Pb Price / Ag Price X 31.1] + [Zn (%) X 2204.6 X Zn Price / Ag Price X 31.1]

2.  Stamp assumptions passe are: Cu $3.45, Pb $0.90, Zn $1.20 and Ag $23.00
3.  All widths are estimated fine widths
4.  No capping has been utilized but excessive-grade intervals contain been highlighted

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Certified Particular person and QA/QC – Dale Mah, P.Geo., Vice President Company Development of Endeavour Silver, is the Certified One who reviewed and approved the technical knowledge contained on this files liberate. A high quality attach a watch on sampling program of reference requirements, blanks and duplicates has been instituted to monitor the integrity of all assay outcomes. All samples are ruin up at the native topic assign of dwelling of industrial and shipped to ALS Labs, the assign they’re dried, overwhelmed, ruin up and 250 gram pulp samples are absorbing for prognosis. Gold relies on fire assay with an atomic absorption bear and silver by aqua regia digestion with ICP bear, over-limits by fire assay and gravimetric bear.

About Endeavour Silver – Endeavour Silver is a mid-tier treasured metals mining firm that operates two excessive-grade, underground, silver-gold mines in Mexico. Endeavour is currently advancing the Terronera mine project in opposition to a pattern resolution, pending financing and remaining permits and exploring its portfolio of exploration and pattern initiatives in Mexico, Chile and the US to facilitate its unbiased to turn out to be a premier senior silver producer. The Firm’s philosophy of company social integrity creates cost for all stakeholders.

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SOURCE Endeavour Silver Corp.

Contact Data
Trish Moran
Period in-between Head of Investor Family members
Tel: (416) 564-4290
E mail: pmoran@edrsilver.com
Web page: www.edrsilver.com

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Cautionary Display conceal Referring to Forward-Attempting Statements

This files liberate contains “forward-taking a inspect statements” within the which plot of the US non-public securities litigation reform act of 1995 and “forward-taking a inspect knowledge” within the which plot of acceptable Canadian securities regulations. Such forward-taking a inspect statements and data herein encompass but are no longer small to mineral handy resource estimations, preparation and timing of a preliminary economic overview, and statements concerning future potentialities of the Firm’s mines and initiatives. The Firm doesn’t intend to and doesn’t rob any responsibility to update such forward-taking a inspect statements or knowledge, completely different than as required by acceptable regulations. 

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Forward-taking a inspect statements or knowledge contain identified and unknown dangers, uncertainties and completely different factors that will perhaps well cause the true outcomes, stage of assignment, manufacturing stages, performance or achievements to be materially completely different from these expressed or implied by such statements. Such factors encompass but are no longer small to the closing impact of the COVID 19 pandemic on operations and outcomes, adjustments in manufacturing and charges steering, nationwide and native governments, regulations, taxation, controls, guidelines and political or economic tendencies in Canada and Mexico; financial dangers due to treasured metals prices, working or technical difficulties in mineral exploration, pattern and mining actions; dangers and hazards of mineral exploration, pattern and mining; the speculative nature of mineral exploration and pattern and dangers in acquiring considerable licenses and permits,

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Forward-taking a inspect statements are in step with assumptions management believes to be cheap, at the side of but no longer small to: the continuing exploration and mining operations, no topic topic negative replace within the market impress of commodities, mining operations will operate and the mining products will almost definitely be performed in step with management’s expectations and keep their said manufacturing outcomes, and such completely different assumptions and factors as dwelling out herein. Despite the proven truth that the Firm has attempted to name necessary factors that will perhaps well cause true outcomes to alter materially from these contained in forward-taking a inspect statements or knowledge, there might perhaps perhaps well perhaps be completely different factors that cause outcomes to be materially completely different from these anticipated, described, estimated, assessed or intended. There’ll almost definitely be no assurance that any forward-taking a inspect statements or knowledge will tag to be factual as true outcomes and future occasions might perhaps perhaps well vary materially from these anticipated in such statements or knowledge. Accordingly, readers might perhaps perhaps well mute no longer assign of dwelling undue reliance on forward-taking a inspect statements or knowledge. 

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