Endeavour Silver Produces 4,471,824 Oz Silver and 39,047 Oz Gold (7.6 Million Silver Equivalent Oz) in 2024; Improved Fourth Quarter Production Delivers on Updated Annual Guidance

Core Viewpoint - Endeavour Silver Corp. reported a significant decrease in silver and gold production for the fourth quarter of 2024, primarily due to operational disruptions caused by a trunnion failure at the Guanaceva plant, although production resumed to full capacity in December 2024 [1][2][5]. Production Overview - Full year 2024 production totaled 4,471,824 silver ounces and 39,047 gold ounces, equating to 7.6 million silver equivalent ounces [1]. - Fourth quarter production was 824,529 silver ounces and 9,075 gold ounces, resulting in 1.6 million silver equivalent ounces [1]. Operational Challenges - The Guanaceva plant operated at reduced capacity for 15 weeks due to a trunnion failure, averaging 620 tonnes per day, before resuming full capacity of 1,200 tonnes per day in December [2][4]. - The total cost for the fabrication and installation of the new trunnion was US$400,000 [4]. Production Metrics - Consolidated silver production decreased by 41$73 million to support general working capital and the advancement of the Pitarrilla Project [8]. Future Outlook - The company plans to release its annual 2024 financial results on March 11, 2025, followed by a conference call to discuss the results [13].