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Endeavour Silver Reports High Grade Silver-Gold Intersections in Multiple Veins From 2018 Drill Program at the Bolanitos Mine, Guanajuato, Mexico

VANCOUVER, B.C., Nov. 28, 2018 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) reports high grade silver-gold intersections in multiple veins from the 2018 drill program at the Bolanitos mine in Guanajuato, Mexico.  A total of 55 drill holes from surface and 11,000 metres were completed by the end of October on seven different vein targets, all of which are located within four kilometres of the Bolanitos plant (view longitudinal sections for Herradura, Plateros and San Miguel).

Drilling highlights include high silver-gold grades in two parallel veins at the San Miguel target just north of the plant, such as 1,415 grams per tonne (gpt) silver and 2.25 gpt gold over a 1.1 m true width (46.2 oz per short ton (opT) silver equivalent (AgEq) over 3.6 feet (ft) in hole MG-06.  Another highlight comes from the Arcangel vein, part of the La Luz vein system, and includes 138 gpt silver and 13.2 gpt gold over a true width of 1.2 m (32.8 opT silver equivalent over 3.9 ft) in hole LZU-17.

Luis Castro, Vice President, Exploration for Endeavour Silver, commented, “These step-out drill results have outlined several new mineralized areas and provided extensions to known areas, with potential for new resources to extend the mine life at Bolanitos. Specifically, San Miguel is a newly discovered vein to the North East, that is more extensive than previously recognized. Drilling has now wrapped up at Bolanitos for the year and a new resource estimate is expected in January.”

Drilling highlights are summarized in the following table of drill results.

Hole Structure From True width Au Ag AgEq
(m) (m) (gpt) (gpt) (gpt)
LZU-16 Arcangel 94.10 8.0 2.68 6 207
Including 101.05 0.5 6.93 10 530
LZU-17 Arcangel 91.70 1.2 13.17 138 1,126
Including 93.10 0.3 42.60 450 3,645
BL1.5S-3 HW Belen 84.70 2.2 2.19 53 217
Including 84.70 1.1 3.31 74 322
FWBLV1 126.20 2.2 2.05 121 274
Including 127.00 0.3 3.24 154 397
BSV-09 Herradura 163.15 1.5 3.74 49 330
Including 164.70 0.3 5.69 91 518
BSV-10 Herradura 222.25 1.1 1.70 90 218
Including 222.55 0.4 2.87 134 349
BSV-11 Herradura 234.30 1.2 1.73 330 460
Including 234.30 0.3 1.59 1,125 1,244
BSV-15 Herradura 194.30 1.3 2.92 51 270
Including 195.30 0.4 4.12 55 364
PLU-01 La Luz 112.00 1.9 2.62 18 214
Including 114.05 0.1 7.54 55 620
Plateros 251.90 1.9 2.48 90 276
Including 252.45 0.3 4.27 272 592
PLU-03 Plateros 162.50 1.4 1.01 155 231
Including 163.20 0.2 1.40 284 389
PLU-04 Plateros 183.15 1.5 8.66 89 738
Including 184.70 0.3 13.30 161 1,159
PLU-06 Plateros 154.20 2.0 1.93 109 253
Including 157.00 0.3 6.88 274 790
PLU-07 Plateros 240.45 1.1 1.32 260 359
Including 240.45 0.4 2.67 523 723
PLU-11 Plateros 141.55 1.8 4.21 91 407
Including 144.45 0.2 14.55 319 1,410
PLU-13 Plateros 186.60 2.4 1.22 107 198
Including 191.90 0.2 0.89 598 665
MG-06 HW San Miguel 39.90 1.1 2.25 1,415 1,584
Including 40.55 0.3 5.08 3,710 4,091
San Miguel 122.65 1.7 2.92 3 222
Including 123.65 0.9 4.12 4 313
MG-07 HW San Miguel 62.10 1.1 2.18 25 189
Including 63.10 0.3 4.94 55 426
San Miguel 133.70 1.6 6.79 420 929
Including 135.60 0.2 48.70 3,540 7,193
MG-08 San Ignacio 22.50 1.3 0.27 148 168
Including 22.50 0.5 0.42 208 239
HW San Miguel 104.60 1.0 2.02 9 160
Including 105.60 0.3 3.05 10 239
MG-09 San Ignacio 26.50 1.9 1.82 162 298
Including 27.60 0.2 2.22 352 519
San Miguel 100.25 1.9 3.42 102 358
Including 102.00 0.3 5.42 194 601
BUV-21 Santa Maria 77.20 1.4 2.38 635 813
Including 77.60 0.2 2.30 2,731 2,903
BUV-24 Bolañitos 188.10 1.1 0.28 218 239
Including 189.10 0.2 1.17 1,021 1,109

Silver equivalents are calculated at a ratio of 75:1 silver: gold.  All widths are estimated true widths.

About Endeavour Silver – Endeavour Silver Corp. is a mid-tier precious metals mining company that owns three high-grade, underground, silver-gold mines in Mexico. Endeavour is currently commissioning its fourth mine at El Compas, advancing a possible fifth mine at the Terronera mine project and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer.  Our philosophy of corporate social integrity creates value for all stakeholders.

SOURCE Endeavour Silver Corp. 

Contact Information - For more information, please contact:
Galina Meleger, Director Investor Relations
Toll free: (877) 685-9775
Tel: (604) 640-4804
Fax: (604) 685-9744
Email:  gmeleger@edrsilver.com 
Website: www.edrsilver.com

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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 regarding Endeavour’s anticipated performance in 2018 including changes in mining and operations 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.

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