Endeavour Silver Corp. is a small-cap silver mining company committed to growing its silver production, reserves and resources in Mexico. Since inception in 2004, the company has posted four consecutive years of silver production and resource growth. With organic expansion programs now underway at its two operating silver mines in Mexico and a strategic acquisition program in place, Endeavour is well on its way to becoming the next premier mid-tier primary silver producer.
The company believes Mexico to be the world’s premier silver exploration and mining country for several reasons. Historically and presently the country is the world’s number one silver producer with historic production of over 10 billion ounces of silver. With a 500 year mining history, rational environmental policies, excellent infrastructure and a firm government commitment to natural resources development, it’s easy to understand Endeavour’s high regard for Mexico.
Last year, Endeavour increased its silver production to 2,340,000 oz. (plus gold) which represents a growth rate of 600% since 2004. The company has made significant investments at Guanacevi and Guanajuato to expand capacities to 4.5 million oz silver per year and is now focused on expanding the mines to full capacity. Endeavour also plans to grow by exploration and development of its existing properties and is actively seeking acquisitions with existing or near term silver production.
The company is led by a highly knowledgeable management team retaining centuries of combined experience. Endeavour’s strong organic growth potential of its core assets, high silver grades and leverage to the price of silver, exploration upside of its Mexican mining properties, as well as the significant under-utilized capacities of the Guanacevi and Guanajuato plants has the company well positioned for exceptional success.
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